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Bitcoin Price Dump: Miners Start Selling 9,000 BTC, Possibly Opening Bear Cycle
25.6.2020
Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals. Direct exchange transfers represent the largest flow of bitcoin (BTC) from miners to such platforms...
Blockchain Bites: Poolin Lending, Square Crypto’s Grant and a Senate Candidate Who Holds Bitcoin
2.6.2020
Square Crypto supports Bitcoin's lightning network development, crypto mining pool Poolin expands lending and ICE is going after the petro dollar's creator
Bitcoin Mining Pool Poolin Partners With BlockFi to Expand Crypto Lending Service
2.6.2020
Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses
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...
Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...
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,...
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)...
Poolin Provides Multi- Cryptocurrency Mining Features
23.2.2020
Poolin is a crypto mining pool that is developed by Blockin. Blockin is an international platform that offers access to the most advanced blockchain-based cryptocurrency technologies and applications. Poolin is quite famous amongst crypto miners as it offers good income as well as a range of highly...
Poolin Provides Multi- Cryptocurrency Mining Features
23.2.2020
Poolin is a crypto mining pool that is developed by Blockin. Blockin is an international platform that offers access to the most advanced blockchain-based cryptocurrency technologies and applications. Poolin is quite famous amongst crypto miners as it offers good income as well as a range of highly...
5 Mining Operations Command More Than 50% of BTC’s Network Hashrate
3.2.2020
The cryptocurrency community has been discussing mining centralization after a report was published that disclosed five mining operations command more than 50% of the BTC hashrate. At the time of publication, between F2pool, Poolin, Btc.com, and Antpool, the pools are hashing more than 59% of...
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....
Bitcoin Privacy Is the Only ‘Big Question’ for Devs, Says Poolin CEO
18.10.2019
Bitcoin privacy must improve to prevent government blacklists of addresses, says Poolin CEO
Despite Lower Prices, Bitcoin’s Hashrate Remains Strong
26.9.2019
People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto...
Bitmain Sues Former Employees Who Founded Rival Poolin Mining Pool
17.6.2019
In one of the rare incidents involving a dispute between cryptocurrency mining firms, the leading Bitmain company, which is the leading players in the industry, has now locked in a legal battle with rival Poolin firm. Interestingly, Poolin has been co-founded by three formal employees of Bitmain...