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Join the Leading Forum on Mining & Exploration in Europe!
28.5.2020
Europe’s Mining in Critical Times and Beyond At the time of unprecedented concerns about the future, let us remind ourselves that the mining industry serves the fundamental needs of our society by providing materials for building hospitals, schools, roads, power systems, machines, communications...
Russia’s Biggest Bank is Buying 5000 Blockchain ATMs That Can Mine Crypto
28.5.2020
Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs ... that are capable of mining cryptocurrency
Bitmain Cofounder Allegedly Expelled – Could Face Litigation for Operation Interference
27.5.2020
One of the largest ASIC mining manufacturers worldwide, Bitmain, has allegedly ousted cofounder Micree Zhan. Regional reports note that he’s been threatened with litigation if he interferes with company operations. According to two local announcements written in Chinese, Bitmain has warned...
Goldbugs Better Buying Mining Stocks, Bitcoiners Can Stick to Bitcoin
27.5.2020
Over the past year, stock in four major gold mining companies have averaged triple the returns of physical gold, whereas Bitcoin mining companies have tended to underperform Bitcoin
Bitmain Confirms Ousting of Micree Zhan, Threatens Legal Action
27.5.2020
Bitmain issued statements saying that Micree Zhan has been ousted and threatened him and employees supporting him with legal action for not complying
1000 Corporate Systems Infected With Monero Mining Malware
27.5.2020
Thousands of enterprise computers have been infected with a cryptojacking malware that installs a Monero mining app
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
27.5.2020
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...
Market Wrap: Bitcoin Can’t Stick to $9,000 While Stocks Rally
26.5.2020
While bitcoin has been trending lower, Tuesday’s big winner in the markets are equities
Bitfury Launches Mining Investment Solutions for Institutions
26.5.2020
Bitfury is opening the company up to institutional investment, which it says will help family offices and others to diversify their holdings with Bitcoin mining
How Bitcoin Mining Changed After the Halving
26.5.2020
Bitcoin’s third-ever halving this May was arguably the top crypto event of the year — especially since the coronavirus pandemicContinue Reading
The post How Bitcoin Mining Changed After the Halving appeared first on CoinMarketCap Blog
Examine the Bitcoin First Difficulty Adjustment Post 2020 Halving
24.5.2020
It will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth
Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers
23.5.2020
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
23.5.2020
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...
Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
23.5.2020
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent...
Craig Wright Submits List of Bitcoin Addresses to the Court – Roster Contains Spent Blocks
22.5.2020
On May 21, 2020, the infamous Craig Wright, the man who claims to be Satoshi Nakamoto, submitted a list of blocks and bitcoin addresses to the court that stem from the alleged Tulip Trust. However, armchair sleuths and blockchain analysis shows that a few blocks recorded in Wright’s recently...
China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?
22.5.2020
Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate
Layer1 Stabilizes Texas Grids With 'Bitcoin Batteries'
22.5.2020
Layer1 will release electricity in response to spikes in consumer demand that may threaten local power grids, such as during heatwaves
Institutional Investors Buying Up BTC Like Crazy After Halving
22.5.2020
Institutional investors brewing a perfect Bitcoin storm
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
Iran’s President Asks Gov’t to Plan National Crypto Mining Strategy
22.5.2020
Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy