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Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise
1.7.2020
Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price...
Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week
24.6.2020
On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang...
Miners Are Sending Bitcoins to Exchanges Again – and That May Be Bearish
24.6.2020
A sudden spike in miner outflows of bitcoin to exchanges makes the cryptocurrency vulnerable to a price drop, according one analyst
Bitcoin Price Dips as Two Mining Pools’ Daily BTC Outflows Hit $68M
24.6.2020
HaoBTC and Poolin shift over 7,000 BTC as bullish tendencies appear to fade and BTC/USD falls back to $9,500
Bitcoin ASIC Miner Manufacturing Domination: Bitmain and Microbt Battle for Top Positions
22.6.2020
On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term.” There’s still a number of SHA256 mining...
Russia Lifts 2-Year Telegram Ban as Questions Over Security Surface
22.6.2020
While many experts believe that Telegram has not compromised the security of its customers, some users have reported certain anomalies
Bitcoin Difficulty Sees Two-Year Record Surge as Hash Rate Mimics 2017
17.6.2020
A giant 14.95% advance makes analysts confident as miners appear to balance increased costs to retain profitability
Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition
7.6.2020
The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once...
Patoshi Researcher Says “Altruistic” Satoshi Will Never Spend His 1.1M Bitcoin
6.6.2020
Bitcoin founder Satoshi Nakamoto will never spend his “1.1 million bitcoins” because he is altruistic, Patoshi Pattern researcher Sergio Demian Lerner has said. The Patoshi Pattern exploits privacy flaws of an early protocol, v.01, to identify blocks possibly minded by Satoshi Nakamoto....
US Firm Announces Installation of 700 Mining ASICs With More on the Way
3.6.2020
United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin mining ASIC units
Bitmain Launches New T19 Bitcoin Miner After S17’s Troubled Launch
1.6.2020
World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
30.5.2020
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on...
Market Wrap: Bitcoin Can’t Stick to $9,000 While Stocks Rally
26.5.2020
While bitcoin has been trending lower, Tuesday’s big winner in the markets are equities
Examine the Bitcoin First Difficulty Adjustment Post 2020 Halving
24.5.2020
It will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth
Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers
23.5.2020
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
23.5.2020
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...
People Are Removing the Most Bitcoin From Exchanges Since 2018 Bottom
21.5.2020
Exchange reserves hit an 18-month bottom while miners keep selling despite lower revenues after the halving
Miner Revenues Crash, But This Has Always Marked Bitcoin Price Bottoms
21.5.2020
The drop-off in Bitcoin mining revenue to 2019 levels show a macro bottom for BTC is near as the impact of the halving is starting to be felt
Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
Bitcoin.com’s Mining Video Censored: The Tale of Youtube’s Blatant Censorship and Propaganda
18.5.2020
During the last few years, the Google-owned Youtube platform has been accused of massive censorship and in the last three months, the video streaming business resembles the Ministry of Propaganda, more than an online video-sharing platform. This week Bitcoin.com was also censored for sharing...