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New Investments, Miner Migration, US Treasury Nominee on Crypto + More News
22.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Investment firm VanEck filed a new draft prospectus for a bitcoin (BTC) futures mutual fund with the US Securities...
China’s crackdown means Bitcoin is working, says crypto miner
22.6.2021
A former crypto exchange engineer believes that China's ban on Bitcoin mining is “fantastic news.”
Bitmain Reveals New Scrypt Miner — Model Mines DOGE and LTC Four-Times Faster Than Today’s Top Machine
20.6.2021
Regional reports from an exposition in Chengdu indicate Bitmain has unveiled a new scrypt ASIC rig for dogecoin, litecoin, digibyte, and verge mining. The Chinese reporter who disclosed the information says the new Bitmain model has a hashrate of around 9,500 megahash per second (MH/s) and overseas...
Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’
18.6.2021
Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there. Miami’s Mayor...
Bitcoin Miner Relocation Within China and Worst Case Scenario
15.6.2021
The relocation of Bitcoin (BTC) miners within China is already underway – and should the situation worsen, they might also be moving out of the country in droves, according to Jiang Zhuoer, CEO of mining pool BTC.TOP. This, however, would lead to hashrate decentralization.
The majority of miners...
Bitcoin Mining Council Goes Live, Elon Musk Gets Sidelined
13.6.2021
The Bitcoin Mining Council has gone live, launching its own website detailing its members and the mission statement of the organization. The council originated as a closed organization, but they are now allowing any miner to join. While Michael Saylor gets a founding member status, the site states...
How Many People Mined BTC Alongside Satoshi? 2010 Data Shows Bitcoin’s Creator Wasn’t the Only Mining Whale
10.6.2021
Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from 2010 were transferred, and the miner has spent 11,000 bitcoin since last year. Old school whale movements like these have made some people...
Bitcoin miner Luxor eyes North American expansion with $5M funding round
10.6.2021
Luxor and NYDIG have teamed up to foster growth for the North American crypto mining industry
Bitcoin miner Poolin immortalizes El Salvador's BTC adoption on the blockchain
9.6.2021
El Salvador accepting Bitcoin as legal tender is now forever etched on the blockchain as mining pool Poolin adds a newspaper headline to block 686,938
Mystery Whale Returns by Moving $35 Million — Miner Transfers 1,000 ‘Sleeping Bitcoins’ from 2010
9.6.2021
Two months after the mystery mining whale from 2010 transferred a string of 20 block rewards with 1,000 bitcoin on March 23, it seemed as though the entity was finished, after spending 10,000 bitcoin total. However, it took 78 days for the whale’s next move, as another 20 blocks from 2010...
Marathon’s Bitcoin Mining Pool Will ‘No Longer Filter Transactions’ — Marapool Begins Signaling for Taproot
1.6.2021
On Monday, the publicly-listed enterprise mining firm Marathon Digital Holdings announced the company has adopted the latest codebase offered by Bitcoin Core developers that features Taproot. Marathon is now signaling for Taproot according to the announcement. The North American bitcoin miner...
'Next Great Miner Migration Will be Away from China' - Poolin Exec
25.5.2021
The global Bitcoin (BTC) hashrate, or the computational power of the network, will spread from China to the rest of the world - which is a redistribution beneficial for Bitcoin, according to Alejandro De La Torre, Vice President at Hong Kong-headquartered major mining pool Poolin.
Many miners...
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...
Ray Dalio Picks Bitcoin Over Bond, Chinese Miner Enters Kazakhstan + More News
24.5.2021
Ray Dalio: A video screenshot, Youtube/Financial Observer
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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Investments news
Founder of major global investment firm Bridgewater Associates...
Mystery Bitcoin Whale from 2010 Disappears, Dormant Address from 2013 Sees Strange Activity
23.5.2021
Toward the latter half of 2020 and during the first quarter of 2021, a mystery miner spent 200 block rewards from 2010 by transferring 10,000 bitcoin during the year. Since the whale’s last 1,000 bitcoin spend on March 23, the patterns of 20 decade-old strings of coinbase rewards...
Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
14.5.2021
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited...
Bitmain Reveals New Antminer E9 Ethereum Miner, ASIC Device Commands 3 GH/s Hashrate
26.4.2021
The cryptocurrency mining rig and ASIC chipmaker Bitmain revealed a new digital currency mining device that’s dedicated to mining ethereum. While the Ethereum network is slowly transitioning from proof-of-work (PoW) to a proof-of-stake (PoS) system, Bitmain’s new Antminer E9 aims to...
Whales Move Over $4 Billion in BTC During Sunday’s Market Carnage, 150 Bitcoin from 2010 Spent
19.4.2021
After bitcoin and a myriad of other crypto-assets tumbled in value on Sunday a number of significant whale movements took place. During the morning trading sessions on Sunday (EST), an old school miner transferred three decade-old coinbase rewards with 150 bitcoin worth more than $8.5 million....
Riot Blockchain Bitcoin production jumps 80% over pre-halving levels
12.4.2021
The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined
Bitcoin miner firm Ebang launches Ebonex crypto exchange
5.4.2021
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year