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Study: China’s BTC Miners Control 66% of Global Hash Rate
11.12.2019
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says
Fraudulent Group Involved in $722 Scam Got Arrested by the US Authorities
11.12.2019
On Tuesday, the Justice Department made an announcement regarding the arrest of three men involved in an alleged fraud that led to the embezzlement of a whopping amount of $722 million from the investors via fake bitcoin mining earnings. According to the latest reports, the prosecutors have...
Ethereum Ice Age May be Imminent If Miners Withdraw From Network
11.12.2019
What are the three most critical negative consequences of Ethereum’s difficulty bomb explosion, and what’s the way out?
Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out
10.12.2019
Tech billionaire Wu Jihan has reappeared at the helm of Beijing-based mining giant Bitmain
US Arrests 3 in Alleged Crypto Mining Pool Fraud Scheme
10.12.2019
U.S. authorities have arrested three members of BitClub Network, alleging the mining pool is a long-running Ponzi scheme
Bitcoin History Part 21: Miners Pour One out for Satoshi
10.12.2019
There are a few ways of looking at bitcoin mining. As an ostensibly selfish enterprise, wherein miners are seeking to extract precious coins for profit. And as a community of individuals who envisage a better way of generating, handling and using money, and are motivated to secure the Bitcoin...
Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump
10.12.2019
Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving
Bitcoin Mining Operations Offer New Strategies Before Reward Reduction
10.12.2019
As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining....
Nvidia Battles Shareholders in Lawsuit Over Crypto Miner Claims
9.12.2019
Chip making giant Nvidia has been making its case for why a court should dismiss a lawsuit alleging it misled investors over the demand for its graphics cards from cryptocurrency miners
Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards
8.12.2019
There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash...
Bitcoin Halving, Explained
8.12.2019
What is the Bitcoin halving that everyone is talking about? Will it drive the price up? Will miners stick with BTC? Learn all about the pre-scheduled event
Death Spirals and BTC — What Happens When Miners Capitulate?
8.12.2019
If small mining facilities begin to capitulate by the year’s end, will BTC struggle to recover in the first quarter of 2020?
T-Minus 1,000 Blocks Until Ethereum’s Istanbul Hard Fork
7.12.2019
Ethereum set to hard fork to Istanbul within 1,000 blocks, or at approximately 23:30 UTC tonight
Top 5 Bitcoin Mining Machines Ahead Of Halving
7.12.2019
Canaan’s AvalonMiner 1146. Searching for the five best performing Bitcoin mining equipment with fastest payback and biggest profitability, four Bitmain’s and one Canaan’s model are at the top, research by Beijing-based token data and rating agency TokenInsight showed.
May 2020 Bitcoin (BTC) mining...
Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin
7.12.2019
Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies...
Mining Chip Maker Ebang Next in Line to File for US IPO
6.12.2019
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer...
MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race
5.12.2019
On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining technology
Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy
5.12.2019
Crypto mining company Great North Data has reportedly submitted bankruptcy documents, listing millions in liabilities
Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions
5.12.2019
Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy. According to bankruptcy filings late in November, the firm has just 4.6 million Canadian dollars (US$3.5 million) in assets, but owes creditors CA$13.2 million (US$10 million),...
Litecoin’s Mining Power Tanks to Lowest in Year Following Price Plunge
4.12.2019
Litecoin’s price plunge in recent months has whittled away the profitability of mining the cryptocurrency, leading to a shakeout among operators