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Bitcoin miners’ aggregate balances continue to grow despite recent flows to exchanges
Quick Take Recent conversations concerning Bitcoin miners have been dominated by the trend of miners moving their coins to various exchanges. However, it’s crucial not to overlook the core trend: the continuous growth in the aggregate balance of miners. дальше »
2023-7-2 17:38 | |
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Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high
Miners led the charge to one of the biggest sell-offs in recent history, and no one is paying attention to this change in the dynamic of bitcoin hash rate distribution. With China getting serious and banning mining activities in Sichuan, they essentially wiped out 90% of total bitcoin mining activities and forced miners out of […] The post Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high appeared first on ItsBlockchain. дальше »
2021-6-28 15:40 | |
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Borat’s Home Country Kazakhstan emerges as the New Bitcoin Mining Hotspot, as electricity rates are among the cheapest in the world
China always had the lion’s share of bitcoin mining in the world, but recent crackdowns on miners are reducing that dominance and forcing miners to relocate to other countries offering cheap electricity and support for domestic bitcoin mining. дальше »
2021-6-27 16:22 | |
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China cracks down on crypto mining causing BTC price to go down
China has been working hard on getting Bitcoin miners to leave its country, and the most recent effort to do this took place over this past weekend. The crackdown had greater consequences than just getting the miners out of the country, however. дальше »
2021-6-22 10:53 | |
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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. дальше »
2021-6-18 15:30 | |
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Report: Filecoin and Chia Believers in China Are Converting to Ethereum Swarm Disciples
There’s a lot of buzz in China around the Bee mainnet soft launch following the recent hype surrounding Filecoin and Chia. Reports detail that Swarm is set to kickstart the mainnet on June 13, and droves of miners from China are getting prepared to obtain rewards from the distributed storage platform and content distribution service. […] дальше »
2021-6-12 09:00 | |
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China’s crackdown could help Bitcoin’s decentralization – Hedge Fund director
The Bitcoin (BTC/USD) and cryptocurrency market has been affected as a result of China’s recent crackdown on Bitcoin miners in the country. Bitcoin’s price and other cryptocurrency prices have fallen by a large percentage for the past few weeks. дальше »
2021-6-1 21:11 | |
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Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. дальше »
2021-5-27 23:00 | |
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Elon Musk Says His Recent Meeting With North American Bitcoin Miners Was ‘Potentially Promising’
Elon Musk, CEO of Tesla and SpaceX, has announced that he had a meeting with leading bitcoin miners from North America. Musk indicated that they are dedicated to renewable energy usage and encouraging other miners across the globe to follow in their footsteps. дальше »
2021-5-25 01:01 | |
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Miners Remind the Community That Scaling the Bitcoin Block is Important, Push for more Support
How was your recent Bitcoin transaction? Too expensive or too slow? That’s why you should care! Some select miners are reminding the community that the Bitcoin block is still very much in need of scaling. дальше »
2021-5-18 17:17 | |
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Bitcoin Miners Unfazed by Bears, Stacking Up as BTC/USD Trend Below $60k
Recent data from Glass node reveals that Bitcoin miners have been stacking heavily in the last month. Bitcoin Miners are HODLing Bitcoin miners play a critical role in securing the network. By channeling what’s turning out to be expensive computing resources from scarce and costly mining gear, they are rewarded with 6.25 BTC–or over $180k,Read More дальше »
2021-4-29 21:00 | |
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Iran Authorizes Banks and Currency Exchangers to Use Cryptocurrencies for Import Payments
Iran is set for a landmark moment as it has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners to pay for imports. This development follows recent consultations within the government. дальше »
2021-4-28 06:00 | |
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Miners Remind the Community That Scaling the Bitcoin Block is Important
How was your recent Bitcoin transaction? Too expensive or too slow? That’s why you should care! Some select miners are reminding the community that the Bitcoin block is still very much in need of scaling. дальше »
2021-4-25 09:35 | |
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Miners Remind the Community That Scaling the Bitcoin Block is Important, Push for More Support
How was your recent Bitcoin transaction? Too expensive or too slow? That’s why you should care! Some select miners are reminding the community that the Bitcoin block is still very much in need of scaling. дальше »
2021-4-24 15:23 | |
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Bitcoin Miners Maintain HODLing Tactic as Demand Continues to Increase
According to recent data, miners have enhanced their holding mentality and stopped disposing of their coins. The Ongoing Hodling Trend While miners seem to be in a HODLing mood, institutional investors have only intensified their appetite for the popular cryptocurrency. дальше »
2021-4-8 15:01 | |
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Nasdaq listed Canaan Creative Sees A Boost in Demand for Bitcoin Miners As Crypto Prices Rise
Bitcoin Mining firms are struggling to meet the increased demand for mining machines despite the rising prices of cryptocurrencies. According to Canaan Creative, a Nasdaq listed firm, crypto mining orders have been rising despite Bitcoin’s hitting new highs in the recent past. дальше »
2021-3-16 20:52 | |
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Bitcoin Miners Net Position Turn Positive: A Crypto Bull Case?
Bitcoin in Downtrend After another week of turbulent market volatility, the cryptocurrency market saw severe drops with Bitcoin (BTC) and its peers plummeting nearly 25% from recent highs. This selloff caught many speculators and traders off-guard, causing a panic reaction across the market. дальше »
2021-3-1 22:26 | |
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Bitcoin Miners Generate $50M Per Day During Bull Trend
Bitcoin price is trading at nearly $50,000 per coin and on-chain activity is soaring. The recent bull trend and surging interest surrounding the cryptocurrency has allowed miners to surpass over $50 million in revenue in a single day generated. дальше »
2021-2-17 04:00 | |
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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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Bitcoin News Roundup for Jan. 18, 2021
With BTC hovering around $36,000 and Iran's government blaming miners for recent blackouts, CoinDesk’s Market’s Daily is back with the latest news roundup. дальше »
2021-1-19 20:00 | |
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Microsoft Warns Cybersecurity Threat Posing as Monero Miners Attempts to Extract Data
A recently released Microsoft report has revealed that threat actors at the state level are now using coin miner techniques to cover their tracks or blend in. The report, which was published on Nov 30, highlights a recent attempt by state threat actor ‘BISMUTH,’ which leveraged Monero coin miners to infiltrate both government and private […] The post Microsoft Warns Cybersecurity Threat Posing as Monero Miners Attempts to Extract Data first appeared on BitcoinExchangeGuide. дальше »
2020-12-3 00:02 | |
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China's Yunnan province officials crackdown on Bitcoin miners
China has been tightening its grip around crypto and crypto businesses. According to recent reports, authorities from Baoshan city in the Yunnan province have cracked down on Bitcoin miners. The authoThe post China's Yunnan province officials crackdown on Bitcoin miners appeared first on AMBCrypto. дальше »
2020-12-2 21:00 | |
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Microsoft says Nation-State Hacker Group is Leveraging Cryptocurrency to Stay Under the Radar
A new security report by Microsoft says nation-state hacker group Bismuth is now deploying cryptocurrency-mining malware alongside its regular cyber-espionage toolkits. According to the report, the deployment by Bismuth of Monero coin miners in recent campaigns has provided another way for the attackers to monetize compromised networks. дальше »
2020-12-2 18:00 | |
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Microsoft Report says Nation-State Hacker Group is Leveraging Cryptocurrency Techniques to Stay Under the Radar
A new security report by Microsoft says nation-state hacker group Bismuth is now deploying cryptocurrency-mining malware alongside its regular cyber-espionage toolkits. According to the report, the deployment by Bismuth of Monero coin miners in recent campaigns has provided another way for the attackers to monetize compromised networks. дальше »
2020-12-1 18:00 | |
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Bitcoin (BTC) pump to $18k pushes miner revenues to pre-halving levels
The recent BTC run has borne good news for two important parts of the Bitcoin ecosystem — investors and miners. The post Bitcoin (BTC) pump to $18k pushes miner revenues to pre-halving levels appeared first on CryptoSlate. дальше »
2020-11-19 15:29 | |
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Here's what Bitcoin's recent hashrate drop may imply for miners
Bitcoin has seen its hash rate decline over 43.47 % within a span of 3 days, due to Chinese mining farms closing down for the dry season. The reason being, they cannot generate enough hydropower withoThe post Here's what Bitcoin's recent hashrate drop may imply for miners appeared first on AMBCrypto. дальше »
2020-10-30 22:00 | |
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Riot Blockchain Targets 2.3 EH/s Hashrate by June 2021; Acquires an Additional 2,500 Bitmain S19 Pro Miners
Riot Blockchain announced on Oct 6 that it would be expanding its S19 Pro Antminer fleet following a recent purchase of 2500 units from Bitmain. The firm also highlighted progress in previous S19 Pro miners' orders [1,000 in April, 1,040 in May, 1,000 in July, and 8,000 in August] and an update on their deployment. дальше »
2020-10-9 21:32 | |
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Bitmain’s Management Feud Is Finally Affecting Business Operations; AntMiners Shipments Delayed
The constant wrangling within the largest Bitcoin mining hardware producer – Bitmain – is taking a toll on its business and customer operations. According to a recent WeChat note sent on Thursday, the long-awaited hardware miners expected to be released in June and July will need to wait till September and October to be delivered. […] дальше »
2020-8-6 19:08 | |
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Is Bitcoin Mining Legal in India? Miners Still Don’t Know
Following a recent Supreme Court decision, India's crypto industry is optimistic about the future. But miners still don't know if what they do is illegal. дальше »
2020-7-29 18:40 | |
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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 | |
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Bitcoin's Current Price Impacted By Miners? It's Possible, Analytics Company Says
Bitcoin’s recent price action could relate to miner selling.
дальше »2020-7-3 00:15 | |
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Data Shows Recent Bitcoin Difficulty Adjustment May Kickstart New Accumulation Phase
Bitcoin is currently trading just below its most important resistance yet, gearing up for what most crypto analysts expect to be a major move. However, data suggests that sell pressure from miners adjusting to the newly reduced block rewards combined with quiet accumulation may be responsible for the recent sideways price action. Bitcoin Sideways Trading […] дальше »
2020-6-23 23:00 | |
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Bitcoin's hash power still largely 'seasonal'
Bitcoin miners have always been in the spotlight; right from its initial heydays to the ones leading up to its recent halving. For the network, the miners are a very crucial part of the puzzle. For miThe post Bitcoin's hash power still largely 'seasonal' appeared first on AMBCrypto. дальше »
2020-6-6 18:00 | |
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Blockstream CEO Doesn’t Sell Any Bitcoin Mined on Anticipation of 3,000% Price Increase
Bitcoin miners might be busy selling more bitcoin than they are creating post halving but Adam Back, the chief executive officer of Blockstream Corp. , is not. “I don’t sell (Bitcoin),” he told Bloomberg in a recent interview. дальше »
2020-6-3 19:00 | |
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Bitcoin Plunge Coincides With Unknown Mining Pools Dump
Are weaker Bitcoin mining hands capitulating post-halving? Recent sharp declines in the Bitcoin (BTC) price appear to coincide with massive ‘coin’ dumping from unknown mining pools. If anything, the May 2020 halving may quite literally be emptying the wallets of unprofitable Bitcoin miners worldwide. дальше »
2020-6-3 23:20 | |
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For Bitcoin miners will Lightning Network be the straw that broke the camel's back?
Bitcoin miners have been under a lot of stress in the recent past as the king coin underwent its third block reward halving. Sustainability of many mining operations post-halving has been and continueThe post For Bitcoin miners will Lightning Network be the straw that broke the camel's back? appeared first on AMBCrypto. дальше »
2020-5-25 12:30 | |
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