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Bitcoin Saw Inflows Again, Miner Bets Against Ethereum's PoS, Meta on Getting Metaverse 'Right' + More News
24.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Saw Inflows Again, Miner Bets Against Ethereum's PoS, Meta on Getting Metaverse 'Right' + More News
Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines
23.1.2022
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second (TH/s). The new model is called the Antminer S19 Pro+ Hyd. and it leverages liquid cooling technology in order to improve overall...
While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M
22.1.2022
Following the large string of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the next month up until January 21. On Friday, an 11-year-old block reward originally mined on November 22, 2010, was transferred for the first...
Sustainable Bitcoin Miner, Merkle Standard Buys 13,500 BITMAIN Mining Rigs for Eastern Washington Flagship Site
21.1.2022
PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner purchase order from Bitmain Technologies Limited. The executed purchase agreement is for 13,500 mining rigs from the leading ASIC mining manufacturer and aligns...
Individual ETH miner hits jackpot with $540K block reward
20.1.2022
An individual miner defied the odds and managed to collect 168 ETH from a solo mining pool this week worth 42 times the average block reward
Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer
19.1.2022
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether...
Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto
19.1.2022
The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a better alternative store of value than cryptocurrencies. Better Inflation Hedge Mark Bristow, the...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins
19.1.2022
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia....
Another Solo Miner Wins 'Life-Changing' Sum, Rakes In USD 536K in Ethereum Block Reward
18.1.2022
Solo miners are off to a strong start this year. On Monday, a solo Ethereum (ETH) miner with an average hashrate capacity of 2.19 Giga hashes per second (GH/s) won a block race on the Ethereum blockchain and raked in a reward of ETH 168, currently worth just below USD 536,000. ...
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Bitcoin miner Rhodium set for IPO, valued at $1.7 billion
18.1.2022
The Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State
'Insane Luck at Work' as Second Solo Bitcoin Miner Wins the Block Race in a Week
13.1.2022
Another solo Bitcoin (BTC) miner with a hashrate capacity of 116 terahashes per second (TH/s) has won a block race on the Bitcoin network, securing the block reward of BTC 6.25 plus a fee reward of BTC 0.018 -- cumulatively worth over USD 274,041 at current rates. ...
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‘1 in a billion’: Second tiny miner solves a block
13.1.2022
Each of the lucky miners will take home over $266k, as well as bragging rights to overcoming “one in several billion odds.”
Solo Bitcoin Miner With Only 126TH Secures USD 266,870 in Block Reward
12.1.2022
A solo Bitcoin (BTC) miner with a hashrate capacity of just 126 terahashes per second (TH/s) has managed to successfully add a new block to the Bitcoin network, securing the BTC 6.25 block reward, which is worth over USD 266,870 at the current price rates.
As per data by Blockchain.com,...
Tiny Bitcoin miner defies massive odds to solve a valid block
12.1.2022
Despite having a modest hashrate capacity of about 126 TH/s, the lucky miner won the crypto equivalent of the lottery and took home 6.25 BTC worth about $266,000
Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report
7.1.2022
The crypto community reportedly expects Kazakhstan’s internet and mining industry to return to normal by next Monday
Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News
3.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News
Spider-Man: No Way Home Torrents May Contain Crypto Malware, Cybersecurity Firm Warns
27.12.2021
Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,”...
Chinese Courts Sentence Crypto Miner, Fraud Rings as Enforcement Continues
14.12.2021
Crypto mining and investment in most of their forms have been shunted to the margins of society in China, but in some parts of the country, appetite for mining coins remains high, to the extent that some seem prepared to steal electricity from the grid to fuel their efforts....
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Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner
9.12.2021
The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000 mining machines that are ready for resale. In addition to the marketplace launch, the company’s...
Elizabeth Warren Questions Bitcoin Miner, Post-Brexit Crypto Advantage + More News
3.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Elizabeth Warren Questions Bitcoin Miner, Post-Brexit Crypto Advantage + More News