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New York Power Plant Sells Bitcoin Hashpower to Institutional Investors
10.4.2020
A New York mining facility has sold 106 petahash of computing power using a new, regulated instrument: a Bitcoin hashpower contract
New York Power Plant Greenidge Has Sold Up to 30% of Its Bitcoin Mining Hash Rate
10.4.2020
Greenidge Generation, an upstate New York power plant that's using proprietary facility to mine bitcoin, has sold up to 30 percent of its computing power to institutional buyers
Texas Cloud Mining Firm Shut Down After Fake Charity Pitch
10.4.2020
Ultra Mining is accused of running a ‘recession special’ and touting a fraudulent $100,000 donation to coronavirus relief efforts
Bitcoin Mining Hardware Maker Reports $148M Net Loss in 2019
10.4.2020
Canaan witnessed a decrease in its total net revenue for 2019 to almost half of 2018 printed figures
Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline
9.4.2020
Bitcoin Cash sees its first halving since the hard fork from BTC dented by hash rate decline due to miner exodus — but proponents remain upbeat
Bitcoin Miner Maker Canaan Lost $148 Million in 2019
9.4.2020
The Chinese bitcoin miner manufacturer has disclosed it made a net loss of $148.6 million for 2019 on a revenue of $204.3 million
BCH Post Halving: Two Hour Blocks, Hash Rate Hit
9.4.2020
The time between blocks on the BCH network stretched to two hours following the halving. What will happen to the hash rate from here?
Texas Regulator Spots Crypto Firm at Fraudulent COVID-19 Charity Claims
8.4.2020
The Texas State Securities Board issues an emergency action against an alleged crypto mining scam making fraudulent COVID-19 charity claims
New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos
8.4.2020
On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will be used on the Tezos network and each token will be backed 1:1 with BTC. The project is now the fourth tokenized project that leverages BTC on another blockchain....
US State Regulators Order ‘Fraudulent’ Crypto Mining Scheme to Shut Down
8.4.2020
The Texas State Securities Board and Alabama Securities Commission filed an emergency action against Ultra Mining, alleging it offered unregistered securities by promising to double investments in a cloud mining scheme
The Bitcoin Cash Network’s Block Reward Officially Halved – Block 630,000 Mined
8.4.2020
On April 8, 2020, the Bitcoin Cash network officially halved as of block 630,000 and BCH miners hashing away at the network will capture 6.25 coins per block going forward. The BCH halving is the first major SHA256 branch to halve its block reward, as BSV and BTC will halve as well within the next...
Bitcoin Cash Undergoes ‘Halving’ Event, Casting Shadow on Miner Profitability
8.4.2020
Bitcoin Cash, the blockchain network that forked off Bitcoin in 2017, has just reduced its mining rewards by half, causing lots of miners to have nearly zero gross margin
Mining Bitcoin Just Became More Difficult by Almost 6%
8.4.2020
While, two weeks ago, it was estimated that Bitcoin (BTC) mining difficulty might drop by 16%, it just went up 5.77 % today, as more miners turned their machines on in the past two weeks.
The mining difficulty (used as a measure for how hard it is to compete for mining rewards) now stands at 14.7...
Cooking Mama Developer Denies Rumours it Mines Crypto
8.4.2020
Rumors circulating that a Nintendo Switch game is being used to hijack consoles to mine crypto appear to be unfounded
Bitcoin Cash Halving in T-Minus 16 Hours, BSV to Follow
7.4.2020
As Bitcoin’s halving lies about a month away, two of its forks, BCH and BSV will halve this week
Investor Sues Crypto Mining Firm Riot Blockchain to Pay $728K in Legal Fees
7.4.2020
An investor sued cryptocurrency mining firm Riot Blockchain for $728,200 incurred in a separate contract breach lawsuit
Crypto Miner Bitfarms Cuts Costs and Reduces Staff Due to COVID-19 Crisis
7.4.2020
Canadian mining firm Bitfarms is temporarily cutting its workforce as part of its efforts to weather the COVID-19 pandemic
No More Relief for Bitcoin Miners - Mining Difficulty to Increase Again
7.4.2020
The previously expected even bigger relief for the Bitcoin (BTC) miners is not coming. Instead, starting tomorrow, Bitcoin mining difficulty, used as a measure for how hard it is to compete for mining rewards, is set to increase as more miners turned their machines on in the past two weeks....
Major Chinese Mining Pool Drops out of BTC Mining Race, Looking to Altcoins
6.4.2020
One of the top Chinese pools has dropped out of BTC mining race due to Bitcoin price pressure
Bitcoin Hashrate Increases ⅓ in 2 Days — Will BTC Price Follow?
6.4.2020
Bitcoin (BTC) hashrate has increased 33% in just two days while the price of Bitcoin trails behind