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Hashpower Could Migrate From East to West as Global Mining Landscape Changes
30.5.2020
The head of Ripple SBI Asia asserts that hashpower is migrating from east to west, however, notes that significant tensions remain between Chinese and U.S. mining firms
Sichuan Rainy Season to Give Bitcoin Hash Rate a Much Needed Jolt
30.5.2020
The wet season in Sichuan normally leads to a spike in Bitcoin’s hash rate. Will the same happen this year?
Bitcoin Fees Fall 60% While Transaction Count Declines
30.5.2020
Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...
Satoshi Invented GPU Mining to Defend the Network Says Early Dev
30.5.2020
According to an early Bitcoin dev, Satoshi prepared several versions of GPU mining code to defend Bitcoin against a 51% attack
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
30.5.2020
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on...
ASIC Repair Technician Certification Coming to the US
29.5.2020
Bitmain and Core Scientific partner to offer the first certification courses in the U.S
South Korea to Start Taxing Bitcoin Profits in 2021
29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...
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...