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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
Kazakhstan Won’t Tax Cryptocurrency Mining: Report
4.12.2019
Kazakhstan’s lawmakers won’t be taxing crypto mining until the mined crypto is exchanged for fiat money, a report says
Ethereum’s Proposed Hard Fork ‘Muir Glacier’ Would Delay Impending Ice Age
4.12.2019
Ethereum’s proposed Muir Glacier hard fork would delay the impending Ice Age mechanism
Monero Implements Hard Fork, Including New ASIC-Resistant Mining Algorithm
2.12.2019
Monero has completed its hard fork and has introduced RandomX, a new ASIC-resistant mining algorithm
IMF Wants Crypto Mining Answers from Georgia + More News
2.12.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
The International Monetary Fund (IMF) has called on Georgia to report on its crypto mining industry. The country...
A Plan to Decentralize Bitcoin Mining Again Is Gaining Ground
2.12.2019
New code for mining pools could fix problems associated with transaction censorship and more, say its supporters
TerraCrypto Moscow Digital Mining and Cryptocurrencies: Trends 2020
2.12.2019
On December 7, 2019, Moscow will host the final crypto event of this year—the Vth international forum of cryptocurrencies and digital mining. In the morning at the Art Moscow Hotel Voikovskaya, we will discuss the development of the mining market and problems that should be solved jointly. Ryan...
Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit
1.12.2019
Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...
Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use
29.11.2019
Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns...
As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation
28.11.2019
Recently, cryptocurrency advocates have been discussing the upcoming halvings set to happen on the BTC and BCH blockchains in six months or less. Since crypto prices have been heading southbound, the SHA256 consensus hashrate continues to remain relatively unfazed and data stemming from freshly...
Hackers Mass-Scanning Web for Docker Platforms to Mine Cryptocurrencies
27.11.2019
A new hacking campaign is targeting Docker platforms that have API endpoints exposed online to mine Monero
New Research: Bitcoin’s Carbon Footprint Lower Than Previously Thought
27.11.2019
A new analysis of Bitcoin mining has pointed to the importance of accounting for renewable energy sources, as opposed to earlier “blanket” assumptions