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Bitcoin’s Falling Hash Rate Could Have Dire Implications for BTC’s Price
Bitcoin’s recent mining rewards halving event didn’t have any sudden impacts on the cryptocurrency’s hash rate, but the impacts of it on miner dynamics are now growing increasingly clear. The benchmark cryptocurrency’s hash rate has been sliding lower throughout the past couple of weeks, signaling that miners are beginning to capitulate. History suggests that hash... дальше »
2020-5-24 01:00 | |
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Why Bitcoin Mining Difficulty Just Dropped Considerably In Its First Adjustment Post-Halving
We are now in the 6. 25 block subsidy era after the recent halving. With miners revenue cut in half, some miners with older model mining hardware were forced to leave the bitcoin network due to unprofitability. дальше »
2020-5-21 14:11 | |
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Bitcoin Miners Start to leave Mining Pools After the Halving
As was somewhat to be expected, the recent block reward halving has an impact on the Bitcoin miners. All major pools are losing hashrate rapidly, although it is expected that things will return to normal fairly soon. дальше »
2020-5-16 00:00 | |
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Bitcoin Mining Centralization No Longer An Issue, Other Regions To Overtake China Soon: Analyst PlanB
Over the last few years, the largest and most active Bitcoin miners have operated from China. These large miners include Bitmain, a miner that has been involved in some tug-of-war scenarios in the recent past, one of them being the hash war of 2018 following the hard fork that led to the split of the […] дальше »
2020-4-27 10:59 | |
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Bitcoin halving and a 37% hash rate drop: Will the price pull through?
With less than 17 days remaining for third Bitcoin halving, it is time to take another look at the state of miners, especially after the recent price plunge. The hash rate has changed, the difficulty The post Bitcoin halving and a 37% hash rate drop: Will the price pull through? appeared first on AMBCrypto. дальше »
2020-4-25 18:00 | |
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Coronavirus & Bitcoin Price: Is China Losing Its BTC Mining Monopoly?
The recent 50% crash in Bitcoin price may have long-lasting consequences for miners and possibly signal the end of China’s overwhelming dominance of the mining industry?
дальше »2020-4-5 02:40 | |
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Bitcoin Mining Sell Pressure Waning, Supply Shock To Drive Massive Price Increase
The recent price action in Bitcoin has been particularly devastating to miners who had to turn off their expensive to operate machines after the price of the cryptocurrency fell below the cost of production. дальше »
2020-3-27 19:00 | |
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Bitcoin Mining Difficulty Posts Second-Biggest Percentage Drop in Its History
Competition among Bitcoin miners has eased up, as the recent price drop thinned the herd, fresh data shows дальше »
2020-3-26 06:26 | |
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Data Shows Bitcoin Miners are Now Unprofitable; Here’s What This Means for BTC
Bitcoin has been on a wild ride over the past several weeks and months, with the benchmark cryptocurrency plummeting from recent highs of $10,500 to lows of $3,500 before garnering significant buying pressure that has since sent it back to its current price within the mid-$5,000 region. дальше »
2020-3-19 02:00 | |
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Is Another Bitcoin Capitulation Just Around the Corner?
Miners 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 The halving may turn out to be negative for Bitcoin (BTC) prices, as analysts suspect the recent price slide was triggered by a “miner capitulation. дальше »
2020-3-15 18:00 | |
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Bitcoin Gold’s Recent 51% Attacks Were Resisted by Counterattacks
MIT Media Lab’s Digital Currency Initiative has delved into a recent attack on Bitcoin Gold and discovered counterattacks in which miners put the blockchain back on its original course. James...The post Bitcoin Gold’s Recent 51% Attacks Were Resisted by Counterattacks appeared first on Crypto Briefing. дальше »
2020-3-13 08:59 | |
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STEEM Community Launches Soft Fork To Limit Justin Sun’s Potential Voting Power
STEEM blockchain prepares for a soft fork in light of the recent acquisition of Steemit, the most prominent platform on the blockchain, to prevent a concentration of power on the chain. According to the statement released by the STEEM witnesses (similar to Bitcoin miners), the fork will effectively stop the top holders of the STEEM […] дальше »
2020-2-26 19:30 | |
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Ripple CEO blasts concentration of Bitcoin miners in China, but his critique misses the mark
It’s no secret that the majority of Bitcoin’s miners are located in China, with the geographical centralization of this mining power being a go-to critique for the cryptocurrency’s critics. This sentiment was recently echoed by Ripple CEO Brad Garlinghouse, who explained in a recent interview with CNN’s Julia Chatterley that the heavy concentration of miners […] The post Ripple CEO blasts concentration of Bitcoin miners in China, but his critique misses the mark appeared first on CryptoSlate. дальше »
2020-2-18 08:07 | |
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3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
As tensions escalated between the U. S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. дальше »
2020-2-13 23:10 | |
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Following BTC hashrate, Bitcoin’s energy consumption is on the rise
Despite the efficiency improvements that BTC mining hardware has experienced over the years, Bitcoin’s electricity consumption is on the rise, according to a recent report. Bitcoin’s energy consumption ‘is on par with Czech Republic’ Bitcoin miners are usually described as the backbone of the Bitcoin network. дальше »
2020-2-6 21:00 | |
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Bitcoin SV splits in two as miners fail to upgrade for the recent hardfork
Bitcoin SV (BSV) went through a hard fork that is intends to bring it closer to the original Bitcoin protocol. Despite the significance of this milestone, a substantial number of miners failed to upgrade splitting the chain in two. дальше »
2020-2-5 20:00 | |
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These Factors May Push Bitcoin Halving Forward by Weeks
In the cryptocurrency industry at least, it’s pretty widely understood that the Bitcoin halving is due to take place in May 2020. However, that might not actually be the case. Surging hash rate and recent mining difficulty adjustments mean that miners will solve remaining blocks quicker than expected. дальше »
2020-1-31 01:00 | |
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Iran Issues 1,000 Crypto Mining Licenses
According to recent reports from Iran, the country’s government is reportedly making a move that will benefit crypto miners by granting them over 1,000 mining licenses. New development in Iran favors the crypto mining industry Governments around the world are making significant progress with regulating the crypto industry, especially with regards to overseeing crypto mining operations. дальше »
2020-1-27 15:55 | |
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2019’s Bitcoin Miners Are 5x Faster Than Predecessors
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors. дальше »
2019-12-14 00:55 | |
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Bitcoin Hash Rate Defies Miner Capitulation Prophecy
Despite all the noise about an impending Bitcoin miner capitulation, the network hash rate seems to be on a steady path. Even the benchmark cryptocurrency’s sluggish performance in recent weeks hasn’t deterred the vast majority of miners from sticking to their gameplans. дальше »
2019-12-9 17:26 | |
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How Bitcoin Miners Are Not Causing The Price Plunge
When bitcoin starts to turn south and the selloff intensifies, fingers start pointing. The crypto community wants to blame something and the mainstream media wants to sensationalize fearful headlines to get their clicks. дальше »
2019-11-30 13:30 | |
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Bitcoin Plunges Eliminating Some Miners Before Halving, Could It Be Bullish in the Long Term?
Coinspeaker Bitcoin Plunges Eliminating Some Miners Before Halving, Could It Be Bullish in the Long Term?The recent Bitcoin price plunge could start to put weak miners out of business heading into the halving which does not go well with HODLers since capitulating miners usher in a major bitcoin dump. дальше »
2019-11-20 14:05 | |
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Do Bitcoin Miners Influence BTC Price Action?
Recent research has taken a closer look into bitcoin prices and miner flows to crypto exchanges. There have been clear spikes as expected when larger mining pools liquidate but the correlation is not as strong as many would expect. дальше »
2019-11-11 16:00 | |
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Bitcoin Mining Arms Race Intensifies as UK Firm Joins Global Expansion Efforts
Bitcoin miners around the world are clearly optimistic about the future of cryptocurrency. A series of huge mining operations have come to light in past weeks, with the most recent being a 240 percent expansion of the UK-based Argo Blockchain company. дальше »
2019-10-31 14:20 | |
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RP9 Mining – Start Creating Your Own Bitcoin Mining Machine
Despite recent price drop, cryptocurrency mining still manages to capture the imagination of users, more than a decade after Bitcoin mining became a truly global phenomenon. Yet, both the current and prospective miners face changing fortunes related to price fluctuations of the mining equipment and the cryptocurrencies they dig for. дальше »
2019-10-31 12:54 | |
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Bitcoin Hashrate Flying High, Miners Continue to Bet on Bitcoin
The collective computing power supporting the Bitcoin network has just hit a new all-time high. Evidently, the recent dips in the price of the number one digital asset have not perturbed those in the mining industry. дальше »
2019-10-26 11:42 | |
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Bitcoin miners to face massive hike in electricity tariffs levied by Uzbekistan government
Uzbekistan has time and again proved that it is a crypto-friendly country by legalizing cryptocurrency exchanges and funding several blockchain and cryptocurrency-related projects. However, the country’s recent update has taken a toll on cryptocurrency miners. дальше »
2019-9-29 10:00 | |
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Massive Ethereum “Ponzi Scheme” FairWin Is Vulnerable, ETH Devs Find
Ethereum Blocks Filling Up As covered heavily by this outlet over recent weeks, the Ethereum network has been seeing more activity than ever before. In fact, the network has been used so much that miners... дальше »
2019-9-29 03:23 | |
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UK’s ‘most deprived’ village builds tidal energy crypto miners to reconnect with technology
It’s often said that machines will perform upwards of 40 percent of the world’s jobs by 2035 — but one artist is out to prove that automated technologies can bring positive change too, and he’s using DIY cryptocurrency miners to do it. дальше »
2019-8-29 19:48 | |
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The Mining Power of Litecoin Has Went Down Over 25% Since The LTC Block Halving
Litecoin (LTC) miners are facing problems recently. Many of them have decided to unplug their mining devices after the most recent halving happened. Data from the LTC network shows that the difficulty is going down because of that. дальше »
2019-8-24 23:37 | |
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Prices of Bitcoin Miners in China Have More Than Doubled
The bitcoin mining frenzy is on and miner rigs are once again in high demand following the recent market escalation. It saw the industry emerge from a five-month crypto winter.… The post Prices of Bitcoin Miners in China Have More Than Doubled appeared first on CoinCentral. дальше »
2019-8-7 23:14 | |
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Iran seizes 1,000 Bitcoin miners, says mining with state electricity is a no-no
Authorities in Iran have seized around 1,000 Bitcoin mining machines from two abandoned factories, according to Reuters. The report hasn’t stated what cryptocurrency was being mined, or for how long the farm had been operating. дальше »
2019-6-28 11:41 | |
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Bitcoin Mining Emissions Are Reaching New Highs Per MIT and University of Munich Report
Bitcoin (BTC) is the most popular virtual currency in the world, but there are some critics that complain that it is contributing to climate change. In order for Bitcoin to operate it needs miners to confirm transactions with ASIC hardware. дальше »
2019-6-15 18:56 | |
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Wasted Naysayers Continue to Flog Wasteful Energy-Consuming Bitcoin
By CCN Markets: Here we go again. Yet another article has surfaced taking potshots at the perceived threat of Bitcoin’s energy consumption. A recent article out of MIT Technology Review claims that: Mining Bitcoin is a hugely wasteful process. дальше »
2019-6-14 14:55 | |
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Bitcoin [BTC], cryptos mined on open blockchains are illegitimate tools, claims Russia’s State Duma official
Bitcoin has traditionally been mined over open blockchains around the globe. However, according to a recent report, mining over open blockchains will lead to heavy fines being imposed on Russian miners. дальше »
2019-6-10 19:00 | |
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Coinbase Sides With Bitcoin Cash (BCH) Miners on 51% Attack Smack
By CCN: Coinbase researchers have released their own investigative findings into the recent Bitcoin Cash 51% attack controversy, and their conclusions might upset many Bitcoin maximalists. When Bitcoin Cash came under attack during a scheduled hardfork in mid-May, a group of miners colluded to reverse the attacked blocks and return misappropriated funds to their rightful owners. дальше »
2019-5-31 17:20 | |
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China Investigates Illegal Bitcoin Mining Farms at Hydropwer Stations In Sichuan Province
Authorities in China are investigating allegedly illegal Bitcoin (BTC) mining farms that have apparently been built without the required permissions in Sichuan province. This is according to the local media agency Sina in a report on May 30. дальше »
2019-5-31 01:54 | |
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Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining
According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these firms have been running undercover mining operations in […] The post Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining appeared first on Bitcoin News. дальше »
2019-5-30 23:10 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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Miners Exploit Recent Bug to Launch 51% Attack on the Bitcoin Cash Network
Bitcoin Cash recently upgraded its network to integrate the Schnorr Multisig feature. As good as the development was with the advantages of Schnorr, it led to a fault that would have cost Bitcoin Cash more than the advantages of Schnorr. дальше »
2019-5-25 15:20 | |
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Bitcoin Miner Revenue is Approaching Yearly High
Bitcoin price regained and held ground above $8000 May 24 as new data showed miner revenues had reached their highest in 10 months. Mining Reverses 2018 Bear Market Lows Data from Blockchain. com confirmed miners’ income as the latest in a series of Bitcoin metrics to turn seriously bullish in recent weeks, with rewards now topping $17. дальше »
2019-5-24 20:00 | |
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Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs
Over the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter. ’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed participants to secure significant gains and even older mining devices are turning a profit. дальше »
2019-5-16 07:57 | |
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