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Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage


Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners...

Huobi Pool Partners with MXC to Sell M2 Pro Crypto Miner


Huobi Pool, part of one of the largest crypto exchanges in the world, Huobi Global, announced on Friday that it has entered a strategic partnership with Berlin based decentralized blockchain network MXC Foundation. As per the agreement, Huobi Pool will sell and distribute MXC’s M2 Pro Crypto Miner...

Single Miner Reorgs Ethereum Classic – Devs Report a Chain Split


Members of the Ethereum Classic team reported that the network suffered a reorganization (reorg) today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest event follows a similar attack in January 2019, which led to some...

Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low


Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June...

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