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Nalezeno "Miners": 1987

Bitcoin History Part 21: Miners Pour One out for Satoshi


There are a few ways of looking at bitcoin mining. As an ostensibly selfish enterprise, wherein miners are seeking to extract precious coins for profit. And as a community of individuals who envisage a better way of generating, handling and using money, and are motivated to secure the Bitcoin...

Bitcoin Mining Operations Offer New Strategies Before Reward Reduction


As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining....

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit


Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...

As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation


Recently, cryptocurrency advocates have been discussing the upcoming halvings set to happen on the BTC and BCH blockchains in six months or less. Since crypto prices have been heading southbound, the SHA256 consensus hashrate continues to remain relatively unfazed and data stemming from freshly...

China's Region Targets Miners; Binance Blocked on Weibo + More News


Source: iStock/LOVE_LIFE Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. China news Despite China's U-turn on Bitcoin mining, Chinese local governments are strengthening...

Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners


Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a...

6 Months Before Halving Signs Indicate Bitcoin Miners Are Hoarding


The great bitcoin reward halvings are coming and many newcomers have not experienced a halving event unless they joined the crypto community prior to 2016. A few speculators believe bitcoin miners and whales are hoarding coins right now until after the adjustment so prices will be driven...

Two BitCash Miners Executes 51% Attack on BitCash to Protect the Network


Two BitCash miners BTC.com and BTC.top executed a 51% attack on the BitCash network to thwart an unknown miner’s transactions. A 51% attack happens when an individual holds a majority of the hash rate. This situation arose because a bug had split the BitCash network causing the hash rate to drop...

How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago


On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today. Also read: China Ranks 35 Crypto Projects as President Xi Pushes...

Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq


Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....

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