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2019’s Bitcoin Miners Are 5x Faster Than Predecessors


High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China


As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s)...

IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian


According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining...

Fraudulent Group Involved in $722 Scam Got Arrested by the US Authorities


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...

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