Search
Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
8.4.2021
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange...
BTC Transaction Stuck? Bitcoin Cash-Powered Accelerators Can Speed Up Transfers
18.2.2021
At the time of publication, there’s more than 69,000 transactions waiting in line to get confirmed by a bitcoin miner. Since bitcoin’s price rise, at certain times, transaction fees have climbed to $10 to $20 per transfer, and people who pay less than the median fee may have to wait...
Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com
17.2.2021
A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool...
Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com
16.2.2021
BTC.com is currently owned by Bitdeer Technologies and former Bitmain CEO Jihan Wu
Chinese lottery service 500.com acquires Bitcoin mining pool BTC.com
16.2.2021
Chinese sports lottery service 500.com has entered a share exchange agreement to acquire maror Bitcoin mining pool BTC.com
Lottery Giant 500.com Buys Bitcoin Miner BTC.com From Jihan Wu
16.2.2021
Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel
Listed Chinese online sports lottery service provider 500.com said it agreed to acquire the BTC.com Bitcoin (BTC) mining bussiness from Bitmain co-founder Jihan Wu.
500.com is buying the business in exchange for its newly...
While BTC’s Hashrate Remains High, It’s More Difficult Than Ever Before to Mine Bitcoin
26.1.2021
At the end of January 2021, Bitcoin’s network mining difficulty, a measure of how complicated it is to mine a block reward, is higher than it’s ever been during the crypto protocol’s lifetime. Currently, Bitcoin’s mining difficulty is a whopping 20.8 trillion but despite...
Dollar-Cost Averaging Crypto Profits: Low-Risk Bitcoin Investing Without All the Stress
17.1.2021
Bitcoin prices and a number of other digital assets have grown significantly in value during the last decade. Some people have made millions and even billions throwing down everything they have during the cryptocurrency’s earliest days of price discovery. However, there’s another method...
Despite Bitcoin’s Price Highs, Onchain Data Shows BTC Miners Are Not Spending More Than Usual
25.12.2020
The cryptocurrency economy has been higher in value than ever before as bitcoin has touched an all-time price high at $24,298 per unit. Regardless of the all-time price highs, the world’s bitcoin miners are not spending more bitcoin than usual according to onchain statistics. Bitcoin miner...
Bitcoin Network’s Mining Difficulty Sees Largest Epoch Drop Since 2011
4.11.2020
Bitcoin’s mining difficulty saw the second-largest drop in history on Tuesday, as the difficulty dropped to 16.78 trillion, losing a touch over 16% since last week’s all-time difficulty high. The last time bitcoin’s mining difficulty dropped so low was in October 2011, when...
Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork Futures
26.10.2020
The Bitcoin Cash (BCH) upgrade is 21 days away and there’s a possibility the blockchain may bifurcate on November 15. On Sunday, October 25, statistics show that 731 out of the last 1,000 blocks have been mined using the BCHN full node software. Bitcoin Cash proponents are patiently waiting...
Bitcoin Mining Rigs Struggle for Profits, Despite BTC’s Hashrate Reaching an All-Time High
16.10.2020
Bitcoin’s hashrate climbed to an all-time high (ATH) this week touching 166 exahash per second (EH/s) on October 14. Meanwhile, despite the recent price rise and hashrate ATH on Wednesday, only a small group of next-generation mining rigs are profiting at current bitcoin exchange rates....
BCH Hash Watch: Majority of Miners Signal BCHN, Coinex Exchange Announces Futures
24.9.2020
Bitcoin Cash proponents have recently noticed that the last 612 blocks or more than 61% of the last 1,000 blocks have been mined using BCHN, according to Coin Dance statistics. Moreover, data also shows that 82% of Bitcoin Cash hashpower is signaling BCHN, as the prominent miners Btc.com...
Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project – Nest Protocol
12.8.2020
As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics. Coinbase holds...
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving
14.5.2020
Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively...
65% of Global Bitcoin Hashrate Concentrated in China
7.5.2020
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...
BHEX Rebranded as HBTC Exchange & Launch Innovative HBC 10x PE Repurchase Plan
25.4.2020
BHEX has rebranded as HBTC Exchange with a new domain of HBTC.com. According to the sharing from James Ju, the founder and CEO of HBTC Exchange. HBTC has come to a 2-year anniversary and did a 2-year glance, upgrade of HBTC Chain (previously known as Bluehelix Chain or BHEX Chain), and...
The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days
4.4.2020
The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop...
BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving
16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...