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Hash Rate and Bitcoin Price During Mining Events: Are They Related?
7.3.2020
The correlation between Bitcoin’s hash rate and price action provide useful insight into the upcoming 2020 halving event
Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors
7.3.2020
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Lemieux believes Canaan...
ProgPow Is Dead, Long Live ProgPow: Ethereum Developer Call Summary
6.3.2020
ProgPow’s EIP-1057 will not be included in Ethereum, but it may reappear under a different form, per today’s Core Dev call
The History of the Bitter Debate Over Ethereum’s ProgPoW
6.3.2020
The ProgPoW controversy pits two factions against each other — the builders of Ethereum vs. the builders on Ethereum
The Steem Takeover and the Coming Proof-of-Stake Crisis
6.3.2020
Steem’s troubles have woken up the crypto world to the inherent vulnerabilities of proof-of-stake-based systems
Ethereum’s ProgPoW Debate Is About Much More Than Mining
5.3.2020
The debate over ProgPoW has become a flashpoint for how Ethereum makes big decisions
Why Bitcoin Mining Might Be the New Business Model for US Power Plants
5.3.2020
South Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain?
$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
Riot Reports 147% Monthly Growth In Average Daily Run Rate of BTC Mined
5.3.2020
In February, Riot Blockchain saw a remarkable increase in average daily run rate of BTC mined compared to last December
New York Power Plant Mines $50,000 of Bitcoin a Day
5.3.2020
A power plant in New York’s Finger Lakes region now mines about $50,000 of Bitcoin each day using the electricity it produces
Investors Sue Bitcoin Mining Giant Canaan; Shares Crashed 48% in 3 Months
5.3.2020
A securities class action lawsuit has already been filed against the second-largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN). Meanwhile, the price of its shares dropped by almost 50% since the trading begun in November.
In their press release, investor rights law firm...
A New York Power Plant Is Mining $50K Worth of Bitcoin a Day
5.3.2020
The power plant believes it will remain profitable even after the halvening event
Canaan Used ‘Bogus’ Deal to Attract Investment, Argues Analyst
4.3.2020
Canaan’s revenue promises are based on at least one bogus contract, according to analysts
Cointelegraph Special Report: Coronavirus and Crypto in China
4.3.2020
Cointelegraph interviews professionals working in the cryptocurrency industry in China to asses the effects of coronavirus on the local crypto economy
Bitcoin’s Computing Power Is Growing Again After Coronavirus-Related Disruption
4.3.2020
The bitcoin network’s processing power is growing again as major Chinese miner manufacturers resume shipments following coronavirus-related delays
Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High
2.3.2020
On Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time high as the overall hashrate touched 136 exahash (EH/s). The record-breaking achievement happened despite the price of BTC dropping below the $9K region throughout the course of the last week....
Analyst Claims 98% of Mining Rigs Fail to Verify Transactions
1.3.2020
Digiconomist’s founder has claimed the power expended in a single BTC transaction could power a British household for two months
The BCH Question: How to Recover After $30M Hack and Mining Tax Row?
1.3.2020
Security expert backs BCH following $30-million hack: “BCH is based on the same principles as BTC. The most vulnerable element is still a human.”
Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin
29.2.2020
Layer1 is not the only mining company to launch flagship facilities in Texas, with Bitmain and Northern Bitcoin vying for their Texas-based operations to be the largest worldwide
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
27.2.2020
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster...