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Majority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy Upgrade
19.11.2020
Over 50% of Bitcoin's hashrate now supports the "uncontroversial" upgrade
OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...
Bitcoin’s Rally Could Be Caused by a Supply Crunch in China
18.11.2020
Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges
China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks
16.11.2020
Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country
Hash Watch: The Highly Anticipated Bitcoin Cash Fork Is Now Complete
15.11.2020
The Bitcoin Cash community has been patiently waiting for weeks for the November 15, 2020 upgrade and the day is finally here. Every six months the Bitcoin Cash network upgrades, but this time around, a conflict sparked over Bitcoin ABC’s Infrastructure Funding Plan (IFP). During the course...
S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On
14.11.2020
With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.06 per kilowatt-hour (kWh), miners are starting to leverage...
Bitcoin Rally Supported by More Busy Miners and Lower Fees
13.11.2020
As bitcoin (BTC) rallied, with the trading volume rising as well, the transaction fees moved in the opposite direction as miners turned more of their machines on.
Bitcoin has made quite a move upwards since the beginning of November, with analysts predicting further volatility, but also...
Blockchain Bites: Bankrupted Cred’s Missing Millions, Bitcoin Miners’ Quarterly Losses and More
13.11.2020
The top stories in bitcoin, crypto and more – all in one place
Russia Proposes New Rules and Penalties for Cryptocurrency Owners
13.11.2020
The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions. Russia’s New Crypto Regulation...
Greener pastures: Bitcoin miners now looking beyond Chinese borders
12.11.2020
Chinese crypto miners migrate seasonally from the southern regions in search of cheaper electricity. But is it always due to the climate?
Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners
12.11.2020
Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...
Bitcoin Hashrate Rebounds as Asian Miners Bring Machines Back Online
11.11.2020
After moving machines out of Sichuan, miners are bringing ASICs back online
Ethereum User Spends $9,500 in Fees Sending Just $120 in an Error to Forget
8.11.2020
An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker ‘Proudbitcoiner’, says the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a Nov. 4 post...
Bitcoin Fees Slipped, Miners Return While Price Rallies
6.11.2020
Source: Adobe/Татьяна Палладина
While Bitcoin (BTC) price has rallied these past two days, surpassing USD 15,000, Bitcoin miners turned more of their machines on and the fees and transaction time somewhat dropped.
The price of a single BTC coin is USD 15,500, as of 10:26 UTC Friday morning. It...
Blockchain Bites: Ethereum 2.0’s Deposit Contract Goes Live as ETH Miner Revenues Dwindle
4.11.2020
Ethereum stakers can now begin depositing the 32 ether (ETH) required to stake on Eth 2.0
On-chain metrics indicate Bitcoin miners’ influence on the price is diminishing
4.11.2020
Research suggests that Bitcoin miners are holding less of the asset
Bitcoin Miners Saw 8% Revenue Increase in October
2.11.2020
12% of revenue came from fees, the highest percentage since Jan. 2018
Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing
30.10.2020
The Filecoin network is facing liquidity problems, forcing some miners to borrow the native token at outrageous rates
Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank
29.10.2020
Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable...
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
29.10.2020
The New York Department of Financial Services’s letter said that it expects all firms, including virtual currency businesses, to start assessing climate change associated financial risks