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Miami Mayor Reveals Plans to Attract Chinese Bitcoin Miners Looking for Crypto-Friendly Pastures

Bitcoin miners who have been evicted from China as a result of the new crackdown could soon be able to find a home in Miami, Florida. Francis Suarez, the city’s mayor, recently revealed that he is working to reduce electricity costs in order to draw in more crypto miners to the region. Attracting Bitcoin MinersRead More дальше »

2021-6-18 15:31


Introducing Pi Network – Making Cryptocurrency Accessible to the Masses

In the earliest days of Bitcoin and first-generation cryptocurrencies, anyone could mine coins using any basic computing setup. Until around 2013, all you needed was a standard GPU. However, as the value of Bitcoin rose and more miners entered the space, cryptocurrency mining became ever more competitive, to the point where it now requires specialist […] дальше »

2021-6-14 18:49


Bitcoin Miners Dumping Half A Million BTC Couldn’t Dent Bull Rally

Bitcoin price is still fighting to break back above $60,000 per coin, but things could push higher according to miner behavior. After dumping more than a half a million BTC on the market during the bull rally, and barely being able to make a dent in terms of price decline, miners might have finally given in and started holding their coins for the sudden surge ahead. дальше »

2021-4-7 18:30


Samson Mow on Blockstream, Seetee, Bitcoin Mining, NFTs & Infinite Fleet

Andy is joined by Samson Mow, CSO at Blockstream. Samson discusses the partnership between Blockstream and Seetee, a new Bitcoin company started by a 100-year-old company from Norway. He talks about the drop in hashpower from Chinese miners as American miners increase, and he explains why he thinks Bitcoin will hit $100k in 2021 and could go even as high as $300K leaving $100K as the new price floor. дальше »

2021-3-22 06:00


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Tesla Investment in Bitcoin Could Mean More Work for Xinjiang Coal Miners

There is a good chance that any new bitcoins generated after Elon Musk boosted the crypto will be sourced using cheap coal power in China’s Xinjiang.  Cheap Reserves of Fuels Make the Province Suitable The region, which has risen to prominence in recent years for complaining about harassment of the Uighur Muslim minorities, is alsoRead More дальше »

2021-2-10 00:00


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Risk for Bulls: Bitcoin Miners Begin Aggressively Selling Holdings

Bitcoin’s price action as of late has been rather lackluster, with bulls struggling to hold it above $18,000 as selling pressure mounts Where the crypto trends in the mid-term should depend largely on the continued reaction to the support at $18,000 If the crypto is unable to hold above this level, it could bear witness to some intense selling pressure that sparks a move down towards $17,000 There is some support at roughly $17,600 that […] дальше »

2020-12-11 02:00


Russia’s Ministry of Finance Tells Traders to Disclose Crypto Wallets Or Face Fines And Jail

After introducing an amendment that could see cryptocurrency miners lose all their mining rewards, Russia is once again tightening cryptocurrency regulation. According to a local news release, the Ministry of Finance proposes stricter regulations related to crypto accounts by preparing a package of amendments to the country’s digital asset laws. дальше »

2020-9-25 18:08


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Brutal Blow To Miners: Russia’s New Draft Law Will Ban Crypto Completely And Prohibit Miners From Receiving Rewards

The Finance Ministry of Russia has proposed some amendments that could ban cryptocurrency use in the country. The passing of the new draft bill could be catastrophic for the bitcoin miners in Russia as it aims to prevent them from being rewarded in crypto for the work they put in. Russia Proposes New Law That […] дальше »

2020-9-4 14:38


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2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News. дальше »

2020-7-24 03:00


Bitmain Power Struggle: Truce is Over & Fight for Control Resumes; Bitcoin Miners Could Suffer

The struggle between the co-founder of bitcoin’s biggest miner manufacturer is not looking to end anytime soon. It hasn't even been two weeks, and they are back at it. The fight restarted when Bitmain co-founder Micree Zhan or Zhan Keutan attempted to redirect customer payments to a new bank account in a Wechat post at […] дальше »

2020-7-8 19:16