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Thousands of These Computers Were Mining Cryptocurrency. Now They’re Working on Coronavirus Research
19.3.2020
CoreWeave, the largest U.S. miner on the Ethereum blockchain, is redirecting the processing power of 6,000 specialized computer chips toward research to find a therapy for the coronavirus. These graphics processing units (GPUs) will be pointed toward Stanford University’s Folding@home,...
Could the Russian Central Bank Try to Ban Bitcoin Mining?
18.3.2020
Cryptocurrency enthusiasts and business insiders have reacted with alarm to a recent interview given by the head of the central Bank of Russia’s legal department hinting that cryptocurrencies could be outlawed in the country – leading to a possible block on Bitcoin (BTC) and altcoins mining.
Recent...
BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving
16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...
NVIDIA Calls on GPU Miners to Combat Coronavirus
16.3.2020
The U.S. chip manufacturer launched a proposal to relocate unused GPU power to support COVID-19 research
Bitcoin Volume Gains Traction After 24-Hour Roller-Coaster Ride
16.3.2020
Bitcoin prices have been on a roller-coaster ride since Sunday afternoon after the Federal Reserve slashed rates a full percentage point and promised to pump $700 billion into the U.S. economy. But now bitcoin volume is picking up
Baidu Employee Jailed for Mining Monero Worth $14K on Company Servers
16.3.2020
A Baidu employee who mined Monero on company servers is jailed for three years
Baidu Employee Jailed for Mining Crypto on 200 Company Servers
16.3.2020
The search engine developer downloaded monero mining scripts onto 200 of Baidu's servers
Price Drop Casts Pall Over Bitcoin Miners’ Equipment Upgrades
16.3.2020
Bitcoin miners spent $500M+ over the past six months preparing for May’s “halving”. Last week’s price crash means they may wait longer for the payoff
Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support
15.3.2020
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published...
Canaan Sued Over Alleged ‘Fake’ Deal, Stock Sees Historic Low
15.3.2020
The Nasdaq-listed Canaan is being attacked by angry investors who think that the company has exaggerated its financial health
BTC Plunge, YouTube Ban & Other Challenges: Bad Crypto News of the Week
14.3.2020
Check the bad crypto news of the past week
Court Backs County for Electricity Price Hike Targeting Crypto Mining
14.3.2020
A Washington court has sided against six crypto mining entities who sued Grant County for upping the electricity prices it charged to “emerging industries” in 2018
Bitcoin Miner Stumbles Upon $8M Stash From 2010, Sells Before Crash
14.3.2020
A lucky former miner appears to have cashed out an old stash of 1,000 Bitcoin just days before Thursday’s brutal crash
AsicBoost Dominates Bitcoin Mining, Solving Bitmain’s 2017 Controversy
12.3.2020
The 2017 AsicBoost controversy has now become irrelevant as it gains adoption
Hive Expands Ether Mining by 20%, Not Worried by Proof-of-Stake
12.3.2020
Despite contention growing within the Ethereum community, Hive believes now is the best time for it to expand ETH mining operations
Genesis Mining Rejects $3.1 Million Suit From Former Contractor
10.3.2020
Digital Capital claims that Genesis owes it more than $3.1 million in unpaid invoices, while Genesis is seeking to recoup all funds paid to the firm during their failed partnership
Bitcoin Hashrate, Mining Difficulty Hit New Highs and Inefficient Miners
9.3.2020
As Bitcoin (BTC) mining difficulty and hashrate hit new highs, less efficient miners, hurt by the virus outbreak, new-generation rigs, and falling BTC prices, may be out of business.
Bitcoin mining difficulty, a measure that shows how hard it is to compete for mining rewards, has hit yet another...
Bitmain Co-Founder Launches Another Lawsuit to Regain CEO Role
9.3.2020
Bitmain co-founder Micree Ketuan Zhan initiated a lawsuit against a subsidiary of the firm in an attempt to regain his position as the company’s CEO
Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium
8.3.2020
A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell...
F2Pool – Leading Mining Pool for Bitcoin, Ethereum and Cryptocurrencies
8.3.2020
F2Pool can be described as the world’s leading cryptocurrency mining pool for several leading cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. F2Pool is the oldest mining pool and is based in China; presently it is the largest multi-currency mining pool around the world. F2Pool mines...