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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...
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