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Filecoin Pushes Back Final Testing Phase, Announces ‘Calibration Period’ for Miners
15.7.2020
Filecoin has delayed the launch of its incentivized testnet by two weeks, providing a window for miners to test their set-ups
'Difficult to Ignore' Shift As Grayscale Buys More Bitcoin Than Miners Generate
15.7.2020
US-based major digital asset manager Grayscale said it recorded its largest quarterly inflows in the second quarter, when it also started buying more bitcoin (BTC) than it has been generated after the halving in May.
In its latest report, the company revealed:
In the second quarter, quarterly...
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
14.7.2020
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic...
Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong
13.7.2020
The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the...
It's Never Been So Difficult to Mine Bitcoin; Miners Offload More BTC
13.7.2020
Bitcoin (BTC) mining difficulty just reached a new all-time high, increasing pressure on less efficient miners that have already started selling more BTC.
Bitcoin mining difficulty, which is the measure of how hard it is to compete for mining rewards, just jumped by 9.89%, climbing above 17 T...
Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion
9.7.2020
The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police...
8 Ethereum Miners Wield ‘Overwhelming Influence’ Over the Network
7.7.2020
The Ethereum (ETH) network is dominated by just over 50 powerful mining pools – with an inner cabal of eight maintaining the lion’s share of the blockchain, according to the findings of a new report.
The ConsenSys-produced “The Ethereum Proof of Work” report concluded that as recently as Q2...
Iran Gives Crypto Miners One Month to Register With the State
6.7.2020
The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration
Bitcoin Miners Hodl More As BTC Trades Sideways Ahead of Difficulty Increase
6.7.2020
Bitcoin (BTC) miners have been hodling more for several weeks now, as the price holds above the USD 9,000 mark. Meanwhile, BTC mining might become more difficult in a week.
It seems that at the time when more Bitcoin miners have been turning their machines on, increasing hashrate, or...
Bitcoin's Current Price Impacted By Miners? It's Possible, Analytics Company Says
2.7.2020
Bitcoin’s recent price action could relate to miner selling
Bitcoin Miners Saw 23% Revenue Drop in June
2.7.2020
Bitcoin mining revenue dropped 23% in June to approximately $380 million
Bitcoin Miner Hut 8 Closes Better-Than-Expected Equity Round at $8.3M
30.6.2020
Hut 8 says its new funding is going towards increasing the bitcoin miner's total capacity by a fifth
US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain
30.6.2020
U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...
Market Wrap: Bitcoin Traders Expect Big Move as Volatility Plummets
29.6.2020
Bitcoin volatility drops to historic lows as the cryptocurrency stays just above $9,000
Chinese Bitcoin Mining Giant Ebang Is Launching an Offshore Exchange
29.6.2020
Ebang, the world's second-largest producer of bitcoin mining equipment, hopes an exchange could double total revenue by 2022
Bitcoin Miners Done Selling? 5 Things to Know for BTC Price This Week
29.6.2020
A mixed bag of metrics and influences is testing Bitcoin’s resolve this week, with trajectory undecided as $9,000 wavers
Bitcoin Price Dump: Miners Start Selling 9,000 BTC, Possibly Opening Bear Cycle
25.6.2020
Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals. Direct exchange transfers represent the largest flow of bitcoin (BTC) from miners to such platforms...
ETH Transactions Near Record High as Miners Spam the Network
25.6.2020
The number of daily transactions on Ethereum passed one million recently, as mining pools spam the network
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
Argo Buys $500K-Worth of Zcash Miners as Bitcoin Revenue Shrivels
24.6.2020
Doubling its mining capacity for privacy coin zcash could help Argo diversify after last month’s halving knocked its bitcoin revenue