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Bitcoin Mining Industry’s Exponential Growth Just Won’t Stop


A decade ago when Satoshi Nakamoto unleashed the Bitcoin network, the security behind the protocol was guarded by only a few miners. These days, mining the SHA-256 algorithm has become a thriving industry that hasn’t stopped growing. Also Read: Exploring the SLP Token Universe Built on...

Blockstream Announces Bitcoin Mining Colocation and Pool


Blockstream, a leading blockchain technology enterprise based in Canada, has unveiled Blockstream Mining, a mining colocation service, along with the mining pool. The company made an official announcement of their latest product launch through a blog post published on 8th August 2019. As per...

Elite Mining partners with Entoro as their broker-dealer


Disclaimer: The text below is a press release that was not written by Cryptonews.com. _____________________________________________________________________________ Elite Mining Inc is happy to announce Entoro Capital (Entoro) as its official broker-dealer partner for its for its Series A equity...

Post-Halving Litecoin to Readjust its Mining Difficulty Today


The 5th cryptocurrency network by market capitalization, Litecoin (LTC) had its second halving two days ago but the other network metrics haven't experienced dramatic changes as of yet. The hashrate, or the computing power of the network, corrected lower but is still a few times bigger than in...

From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful


Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s...

LTC Mining Rewards Have Been Halved; Next Halving will be done in 2023


After reaching the block height of, 680,000 at 10:16 UTC on 5th August, Litecoin (LTC), has halved its crypto rewards. This is a landmark point for the LTC miners given the structural design of the crypto has a pattern to reduce its mining rewards to half in almost every four years. Therefore...

Computing Power of Bitcoin Establishes New Record with 100K+ Miners Online


The aggregate computing power that goes into securing the blockchain of bitcoin has established a fresh record. As per the data released by BTC.com, a mining service operator, the average hash rate for bitcoin mining has hit 71.43 quintillion EH/s (hashes per second) over the period of the past...

PR: Uruguayan President Meets With the Founder of SCRY


Uruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. Miss...

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