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Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High


On Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time high as the overall hashrate touched 136 exahash (EH/s). The record-breaking achievement happened despite the price of BTC dropping below the $9K region throughout the course of the last week....

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit


On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster...

$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources


On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...

Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners


During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...

BCH Funding Debate: Developers Plan to Launch IFP-Free Version of Bitcoin ABC


On February 19, a group of well known software developers announced the launch of a new Bitcoin Cash full node with the Infrastructure Funding Plan (IFP) removed from the codebase. The news was announced on the read.cash platform by the developer Freetrader who told the public that strong demand...

How to Mine Bitcoin in 2020


Bitcoin mining is a great way to earn cryptocurrency while providing a valuable service to the global network of users. Miners can set up a hardware operation by themselves or join forces with a large venture via cloud mining. If you are looking to enter this field in 2020, here is what you need...

Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC


On February 7, the blockchain analytics provider Tradeblock published a report about the upcoming BTC reward halving. BTC’s block reward is expected to halve on or around May 12, 2020, and Tradeblock’s report estimates that the cost to mine BTC will be over $12,500 after the halving....

Crypto Events Postponed, Bitcoin Miners Struggle Due to Coronavirus Outbreak


As the Wuhan Coronavirus spreads further across Asia – an important region for the crypto industry – industry players have started to feel the impact on their own businesses. As of this weekend, a number of crypto events have been postponed, mining gear manufacturers have announced supply chain...

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