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Bitcoin’s 5% Drop in Value Puts Pressure on BTC Mining Operations and Older ASIC Rigs
1.7.2020
During the last seven days, the price of bitcoin has dropped 4.8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before. The lower price has affected […]
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US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain
30.6.2020
U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...
Ethereum Developers Consider New Fee Model as Gas Costs Climb
29.6.2020
With EIP 1559, Ethereum developers are proposing a dynamic pricing system to lower the blockchain network's current high gas fees
Bitcoin Mining Difficulty Might Remain At Almost the Same Level
29.6.2020
Bitcoin (BTC) mining difficulty is estimated to adjust tomorrow, offering a small change to miners following the highest adjustment in two years recorded two weeks ago.
The next adjustment is expected to happen on Tuesday afternoon (UTC time). The next adjustment is expected in a day. Per...
Chinese Bitcoin Mining Giant Ebang Is Launching an Offshore Exchange
29.6.2020
Ebang, the world's second-largest producer of bitcoin mining equipment, hopes an exchange could double total revenue by 2022
Mining, Steel Giants Complete USD14m Blockchain-powered Iron Ore Trade
29.6.2020
One of the world’s largest mining companies, BHP Group, says it has completed a USD 14 million blockchain-powered iron ore transaction with China’s Baosteel – one of the largest steelmaking firms on the planet.
The move follows on from last month’s trade between the two companies that saw...
World’s Biggest Mining Firm Makes First Ore Trade on a Blockchain
29.6.2020
BHP has completed its first trial trade transaction of iron ore with China's Baosteel using blockchain technology
Mining Giant BHP Completes $14 Million Iron Ore Trade Using Blockchain
29.6.2020
Multi-billion-dollar mining group BHP announced it has completed a $14 million iron ore trade using a blockchain platform
US Blockchain Firm Buys 17K Bitcoin Mining Rigs From Bitmain
27.6.2020
Core Scientific signs deal to buy Bitcoin mining machines from mining hardware producer Bitmain, company says, as American mining interest goes up
Ebang Hits Nasdaq IPO Running With Ambitious Expansion Plan
26.6.2020
Chinese mining company Ebang has yet to see a positive net income in 2020, but an IPO might give it a jumpstart
Ebang to Establish Crypto Exchange and Mining Farms After Going Public
26.6.2020
The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion
Consumer Watchdog Moves to Block Canadian Bitcoin Miner From US Power Grid
25.6.2020
Public Citizen warned the U.S. Dept. of Energy that DMG Blockchain's bid to export electricity could set a dangerous precedent
Liquidity Mining With Compound Finance — Just a Fad, or the Latest Toolbox After IEO, ICOs?
25.6.2020
Introduction to Compound Finance What Is It? Compound Finance is an algorithmically-operated, decentralized, interest rate protocol for lending and borrowingContinue Reading
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Beam to Make Its First Move Towards Private DeFi With June 2020 Hard Fork
24.6.2020
Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering
Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty
24.6.2020
Bitcoin's mining difficulty recently spiked, while miners hold larger piles of Bitcoin than usual
Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week
24.6.2020
On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang...
Miners Are Sending Bitcoins to Exchanges Again – and That May Be Bearish
24.6.2020
A sudden spike in miner outflows of bitcoin to exchanges makes the cryptocurrency vulnerable to a price drop, according one analyst
Argo Buys $500K-Worth of Zcash Miners as Bitcoin Revenue Shrivels
24.6.2020
Doubling its mining capacity for privacy coin zcash could help Argo diversify after last month’s halving knocked its bitcoin revenue
Bitcoin Price Dips as Two Mining Pools’ Daily BTC Outflows Hit $68M
24.6.2020
HaoBTC and Poolin shift over 7,000 BTC as bullish tendencies appear to fade and BTC/USD falls back to $9,500
Ousted Bitmain Co-Founder Offers to Buy $4 Billion in Shares
24.6.2020
Micree Zhan released a scathing letter directed towards fellow Bitmain co-founder Jihan Wu, offering to buy out control of the company