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Blockchain Bites: Bitcoin Miners’ Slim Margins, ConsenSys’ Latest CBDC Pilot, a16z’ Power Hire
28.10.2020
JPMorgan unveiled a revamped blockchain network that could challenge SWIFT while BlockFi has taken a 5% stake in Grayscale's GBTC
Marathon Buys Additional 10,000 Antminers to Become Largest US Bitcoin Miner
28.10.2020
Nasdaq-listed Marathon Patent Group is buying 10,000 of the more efficient Antminer S19 Pro bitcoin miners from Bitmain in a deal worth millions of dollars. ▪ Marathon said the deal would boost the company’s operations to 23,560 next-generation miners, “making it the largest...
‘A Race Toward Zero’: With Hashrate in the Clouds, Bitcoin Mining Is Less Profitable Than Ever
27.10.2020
ASIC financing has driven Bitcoin's hashrate to all time highs in 2020. By consequence, Bitcoin is less proftiable to mine than ever
Marathon Purchases Additional 10,000 S-19 Pro Miners from Bitmain
26.10.2020
This marks the second 10,000+ machine order from Marathon since August
Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline
26.10.2020
Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of bitcoin soared on growing institutional interest. According to data by Bitinfocharts, it cost an average...
Filecoin Network Upgrade Goes Live, Miners Claim 25% Block Rewards
23.10.2020
The mandatory upgrade is the first post-launch upgrade to the Filecoin network
Filecoin Founder Accuses Justin Sun of Spreading Lies About FIL Tokens as Fresh Dumping Allegations Emerge
21.10.2020
Juan Benet, a founder at Filecoin, is attacking Justin Sun for spreading completely false accusations about the movement of the FIL tokens soon after listing. In his long Twitter rebuff, Benet accuses Sun of spreading lies with the intention of harming the Filecoin project financially. Calling...
'Miner Strike is Nonsense, Miners Are Making a Ton' - Filecoin Founder
20.10.2020
Juan Benet, the founder of decentralized, blockchain-based storage network Filecoin (FIL), denied recent reports that miners are protesting the platform.
"I was asked about a supposed 'Miner Strike' — This is nonsense," tweeted Benet several hours ago. "There is no strike. Miners...
‘Boring’ Bitcoin Market Sends Miners’ Fee Earnings to 3-Month Low
19.10.2020
Bitcoin's transaction activity has cooled amid the recent lull in price action – and that's hurting miners' earnings
Filecoin Miners Strike, Protesting 'Chicken & Egg' Problem, FIL Crashes
19.10.2020
Decentralized storage network Filecoin experienced its first major issue a day after its long-anticipated launch, as miners decided to go on strike, resulting in an early release of token rewards.
Per a 8btc.com October 17 report citing interviewed miners, five of Filecoin's largest miners shut...
Filecoin Miners Start a Strike – FIL Validators Claim the Project’s Economic Model Is Not Working
19.10.2020
The Filecoin project has surely seen a lot of hype but during the last few weeks before the launch, the cooperative digital storage crypto project has been criticized a great deal. This weekend a few Filecoin miners have been on strike and claim the economic model is not working out for them. Just...
Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release
19.10.2020
Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations
This New Service Plays Matchmaker Between Solo Miners, Big Mining Farms
16.10.2020
Compass by HASHR8 matches individual miners with mining farms to host their hardware
Bitcoin Mining Rigs Struggle for Profits, Despite BTC’s Hashrate Reaching an All-Time High
16.10.2020
Bitcoin’s hashrate climbed to an all-time high (ATH) this week touching 166 exahash per second (EH/s) on October 14. Meanwhile, despite the recent price rise and hashrate ATH on Wednesday, only a small group of next-generation mining rigs are profiting at current bitcoin exchange rates....
Hathor Merge Mining Pool Commands 33% of the Bitcoin Cash Hashrate
13.10.2020
Bitcoin Cash proponents have been recently discussing a new mining entity with a large amount of hashrate joined the network. The merge mining operation called HathorMM currently captures 33% of the Bitcoin Cash hashrate and the miners are also mining Bitcoinsv as well. The Bitcoin Cash (BCH)...
Bitcoin Down 1% After Biggest Weekly Price Gain Since July
12.10.2020
Despite a dip today, bitcoin has crossed into bullish territory with the biggest weekly gain Since July
Ethereum miners made 450K ETH from high network fees during DeFi peak
11.10.2020
On-chain data shows Ethereum miners saw a 39% surge in revenue as fees soared during the DeFi craze
New Ethereum Fee Model Has Some Miners Crying Foul: Survey
8.10.2020
Eight of the nine mining projects answering a survey on EIP 1559 had a negative impression of the proposal, with seven saying they would not implement the change
Riot Buys 2,500 More Bitmain Miners In Latest Fleet Expansion
7.10.2020
The publicly traded miner aims to quadruple its current hash rate by mid-2021
Ethereum Transaction Fees Fall 82%, as Defi Hype Eases
6.10.2020
The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. According to data from Glassnode...