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PortuguêsBitcoin mining machines are on sale. Last month’s crash in cryptocurrency prices has prompted manufacturers to sell inventories at a discount, in some cases as steep as 20 percent, over…
Continue ReadingBinance is planning to launch its own mining pool, a first for the popular crypto exchange. The news was broken Tuesday by the Russian crypto news publication Coinlife and later confirmed…
Continue ReadingA publicly-listed bitcoin mining operator is set to double the size of its operations in a multi-million-dollar deal, largely funded through a sale of its shares. HIVE Blockchain announced via…
Continue ReadingThe Bitcoin (BTC) network hash rate took a steep dive on March 26, dropping by a whopping 15.95%, which is a 45% sink from its peak highs of 2020. The…
Continue ReadingBitcoin (BTC) miners will continue to capitulate due to low prices, but upcoming events for Bitcoin Cash (BCH) and Bitcoin SV (BSV) will fuel the turmoil, says a new forecast.…
Continue ReadingAlthough China remains, by far, the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies. According to Thomas Heller, business director of one of…
Continue ReadingCoronavirus might be the biggest story of the decade, but climate change will be the grand narrative of the century. As energy of any kind becomes of premium value to…
Continue ReadingAccording to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the…
Continue ReadingThere’s never a dull day in the cryptocurrency world. The latest curious proposal to come out of the space is from an unlikely candidate. A nominee for CME Group’s board…
Continue ReadingWhile bitcoin (BTC) looks set to prolong its recent bullish moves, those responsible for making new bitcoin have increased their selling. The world’s largest cryptocurrency by market value rose from…
Continue ReadingIt’s troublesome times for everyone right now, not least for miners. But as Bitcoin experiences its second-largest drop in mining difficulty at 15.95%, miners have started abandoning BCH for the…
Continue ReadingA key measure of competition among Bitcoin miners just dropped by 15.95 percent – the second-largest decline in the network’s history. The drop in so-called mining difficulty signals some miners…
Continue ReadingThe global market meltdown has indirectly benefited Russia‘s bitcoin miners, even as the cryptocurrency‘s price tumbled along with other assets. That’s because the Russian national currency has rapidly lost value,…
Continue ReadingJust over a month since announcing the upcoming release of the Antminer S19 series, the crypto mining hardware is on sale at last. Today, Bitmain revealed that its next-gen mining…
Continue ReadingFor a tech that was supposed to be democratic and distributed in order to free financial systems from the grip of government-influenced banks and return control of the money supply…
Continue ReadingHuobi, the fourth-largest cryptocurrency exchange by daily trading volume to date, saw significant progress in its crypto mining business in 2019. Huobi Pool, a cryptocurrency mining arm of Huobi, says…
Continue ReadingA group of investors charged US-based GPU maker Nvidia with making false statements about its inventory of graphic processing units (GPUs). However, US District Judge Haywood S. Gilliam Jr. threw…
Continue ReadingIf you’ve had your fill of bad news lately, look away now. Bitcoin mining profitability just hit $0.07 per T/Hash. That’s the lowest it’s ever been. Bitcoin Mining Profitability Plummets…
Continue ReadingBitcoin’s price crash last week has cast a shadow over mining firms, which have spent over half a billion dollars overhauling equipment over the last six months in preparation for…
Continue ReadingMiners may be driving the recent Bitcoin price slide ahead of the halving, dumping coins to ensure their expenses get paid. Halving May turn into Negative Event for BTC Confidence…
Continue ReadingBitcoin’s PoW consensus mechanism is secured by consumption of electricity, this is what makes each newly mined Bitcoin have value. The newest model to predict Bitcoin price is based on…
Continue ReadingCrypto mining is becoming exponentially competitive. It used to be that anyone with a PC could mine at a profit, but now you need expensive equipment to stand any chance.…
Continue ReadingBitcoin’s mining difficulty rate adjustment is one of the key innovations behind the success of the Nakamoto consensus. As the amount of miners increases or decreases the difficulty of Bitcoin’s…
Continue ReadingNeedless to say, things are not looking pretty out there. And following yesterday’s daily close, Bitcoin had sunk 10% to end the day at just above $8k. With that move,…
Continue ReadingBitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit…
Continue ReadingAccording to his models, the “common sense” prediction is that bitcoin price is going to $135k, says Adaptive Capital partner and on-chain analysis expert, Willy Woo. However, if there were…
Continue ReadingSouth Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain? It was another good day for global…
Continue ReadingA New York power plant turns to Bitcoin mining in a successful bid to increase profitability. Bloomberg reported on Mar. 5 that a power plant in New York’s Finger Lakes…
Continue ReadingWith just over two months to go and BTC still struggling under $9K, will Bitcoin’s halving really affect its price? A Quick Recap of the Bitcoin Halving The Bitcoin halving…
Continue ReadingThe computer processing power of the bitcoin network is growing again – albeit slowly – as major Chinese miner manufacturers gradually resume business after the coronavirus outbreak delayed shipments. The…
Continue ReadingOn 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…
Continue ReadingBitcoin has spent the weekend consolidating in the mid-$8k zone following a week of sharp declines through several levels of support. The stock to flow model is still holding course…
Continue ReadingThe electricity used to power the Bitcoin network is enough to power the Czech Republic more than once over. New figures by a PwC researcher have shown that the Bitcoin…
Continue ReadingAlex de Vries, the founder of the Digiconomist, has given a damning assessment of the electricity consumed by Bitcoin (BTC) mining in an interview with British media outlet, The Telegraph.…
Continue ReadingOn 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…
Continue ReadingTwo of the largest bitcoin mining equipment manufacturers are in a neck-and-neck race to roll out top-of-the-line machines ahead of bitcoin’s halving event in less than three months. On Thursday,…
Continue ReadingYesterday, the active supply of Bitcoin on the market was at its lowest in months — suggesting consistent demand for BTC ahead of the halving. The next Bitcoin halving is…
Continue ReadingFor another 80 days, mining one Bitcoin will be relatively easy. After the halving, it will be roughly twice as resource-intensive to generate one new coin. Better start moving fast! …
Continue ReadingNasdaq-listed Riot Blockchain plans to sell its cryptocurrency exchange RiotX while doubling down on its bitcoin mining businesses. In an announcement on Thursday, the company said it is considering opportunities…
Continue ReadingBitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate. Layer1, which raised $50 million in…
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