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Bitcoin: Will 'institutionalization of mining' sustain Chinese dominance?
China has been the go-to place for Bitcoin mining for years now, with cheap electricity costs being the main reason behind the same. However, the United States, a country that was mostly known for hobThe post Bitcoin: Will 'institutionalization of mining' sustain Chinese dominance? appeared first on AMBCrypto. дальше »
2020-5-15 14:30 | |
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The Monsoons Are Just Round The Corner But Bitcoin Miners in China Aren’t Gearing Up
China is the Bitcoin mining capital of the world primarily because of the availability of clean hydroelectricity in abundance at an affordable price. This is the primary reason Chinese Bitcoin mining farms are responsible for over 60% of Bitcoin mining. дальше »
2020-4-24 20:26 | |
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Analyst: Bitcoin may reach $13k before halving for this key reason
The Bitcoin price has increased from $6,400 to $10,150 in less than two months. Ahead of the block reward halving in May, BTC is likely to see a continuous upward trend. The Bitcoin halving in May reduces the total reward miners get for mining blocks containing transactions on the network. дальше »
2020-2-10 23:00 | |
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Bitcoin Cash developer tax could impact Bitcoin and Bitcoin SV mining ecosystem
Bitcoin Cash, the famous fork of Bitcoin, has been the center of crypto-controversy for the past few days, and the reason behind it - one of the proposals presented for the upcoming network upgrade, sThe post Bitcoin Cash developer tax could impact Bitcoin and Bitcoin SV mining ecosystem appeared first on AMBCrypto. дальше »
2020-1-27 17:30 | |
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Ethereum Wallet App MetaMask Banned from Google App Store
The MetaMask Ethereum wallet, one of the key entry points to crypto-based logins and distributed apps, has been suspended from the Google Apps Store. The reason cited was that MetaMask allowed phone-based mining, which the wallet provider denied. дальше »
2019-12-27 13:38 | |
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Bitcoin Mining Power Declines; Average Hashing Power Reduces to 90 EH/s
Bitcoin’s seven day average mining power suffered a drop in the week bygone to 90 EH/s from 97.90 EH/s on 24th October. The drop comes after the mining power saw three months of continuous rise. According to Chris Zhu, the co-founder of Poolin, the reason for this decline is surprisingly unobvious – the end of […] дальше »
2019-11-2 03:59 | |
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Bitcoin (BTC) Mining is Actually Green
Bitcoin (BTC) mining uses up as much electricity as Austria in a year, at 73. 12 TW/h, shows data collected by Digicomist. com. This exorbitant energy use is viewed as one of the strongest arguments that mining is an activity extremely damaging to the environment. дальше »
2019-10-20 16:30 | |
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RSK Increased Its Merged Mining Rewards; Bitcoin Miners to Gain More?
If you’re a Bitcoin miner or enthusiast, you now have another reason to smile. On October 12th, RSK, the project that brought smart contracts to Bitcoin, launched a new incentive program that will provide a big boost to its merged mining rewards program. дальше »
2019-10-16 04:16 | |
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Researchers find Bitcoin sextortion malware also mines Monero
Analysts have reportedly discovered the source of the sextortion emails that’ve plagued the internet since last year — the ones that demand Bitcoin or else they’ll leak videos of you masturbating to kinky pornography. дальше »
2019-10-14 18:12 | |
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Ravencoin (RVN) To Become ASIC-Resistant via Hard Fork Implementation
The prevention of mining centralization via the use of ASIC miners is becoming more common in the crypto market lately. Now, Ravencoin (RVN) is set to implement a new hard fork that will make the network resistant to ASIC miners. дальше »
2019-10-1 22:09 | |
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Chinese investors to make comeback with Bitcoin, claims Dovey Wan
China’s link with cryptocurrency is not only limited to government initiatives but also the local users that still dominate the Bitcoin mining landscape. Primitive Ventures’ Dovey Wan, who also holds deep understanding of China’s financial market, recently claimed the aforementioned reason as the primary factor for China’s sizable local crypto supply. дальше »
2019-9-4 19:10 | |
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Crypto Mining Firm Argo Blockchain Boosts Its Hashrate, Resulting in Company Stock Price Rise
Argo Blockchain, a company focused on Bitcoin mining, has recently increased its hashrate. The company has been reported to have expanded its mining capabilities a lot lately. The reason for that is that the company got a lot of money because the price of its stocks went up. According to Google Finance, the stocks of […] дальше »
2019-8-28 04:55 | |
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Ukrainian Power Plant Officials Accused of Unauthorised Cryptocurrency Mining
SBU (Security Service of Ukraine) detectives have discovered a cryptocurrency mining operation at one of the nation’s nuclear power plants. The agency has reason to believe that it was officials at the facility that had installed the unauthorised hardware. дальше »
2019-8-22 23:00 | |
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Ethereum: ProgPow will be activated on the mainnet next year as a part of Istanbul 2
Ethereum is currently focused on upcoming hard fork Istanbul. However, this upcoming hard fork will not include the most-talked-about Ethereum Improvement Protocol, ProgPow. The main reason behind this move can be attributed to the security audit of the protocol. дальше »
2019-8-18 22:30 | |
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Bitcoin Mining to Help Reduce Wastage and Costs Associated with Oil Companies
In a recent post shared by Bitcoin. com, arguments have been made in relation to how crypto mining activities can help oil companies reduce both their costs and excess oil, where the latter typically goes to waste. дальше »
2019-7-20 23:40 | |
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China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally
Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions. дальше »
2019-7-14 22:30 | |
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BTC’s existential limitations the primary reason for rise of altcoin universe?
Going against the tide of crypto adoption, Australia’s central bank published a comprehensive report aimed at glorifying their domestic fiat against Bitcoin. The primary argument made by the Reserve Bank of Australia (RBA) was related to the network speeds, scalability and mining costs of Bitcoin, although the ultimate focus was on flaunting Australia’s fiat network’s current performance. дальше »
2019-6-21 22:00 | |
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R3 Founder Finds Security Aspect Of Mining “Pretty Scary,” Shares All During MCC 2019
R3 Founder Finds Security Aspect Of Mining “Pretty Scary,” Shares All During MCC 2019 Prague-based, Braiins, company operating Slush Pool, a crypto-mining pool, launched the Braiins OS Cobalt sometime last year. дальше »
2019-6-3 21:20 | |
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Bitcoin Cash ABC Miners Did Not “Take Over” the Protocol
For some reason, CoinDesk and other publications have taken to publishing the narrative that Bitcoin Cash leveled a “51% attack” on its own chain. Here is one of the articles in question for reference. дальше »
2019-5-25 10:24 | |
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
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Advanced Micro Devices (AMD) Out Earns Target, Talks Of Next Generation Crypto Mining Products
AMD Surpasses Target Earnings As Crypto Bull Market Returns Advanced Micro Devices (AMD), a U. S. -based IT company has surprised Wall Street with more earnings than expects this year, the company affirmed yesterday, April 30. дальше »
2019-5-1 21:37 | |
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Chinese Firm Huatie HengAn Losses $23 Million in Its Secret Crypto Mining Business
A Chinese company subsidiary of Huatie, has been sold for $2 million after having a valuation of $25 million a year ago. The firm is called Huatie HengAn and the reason behind this plunge in its value is related to the drop in cryptocurrency mining profitability. Company Losses 90% Of Its Value After Bear Market […] дальше »
2019-4-21 01:25 | |
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MivHash a renewable energy cloud mining service is becoming the strongest contender in the cloud mining industry
The Massive Progress Of Mivhash Mivhash has started with a concept of renewable energy for cloud mining and for this purpose they use renewable energy that is low in cost. This is the reason why you can invest your Cryptocurrency with Mivhash without having to worry about the high prices for buying hardware that eventually […] The post MivHash a renewable energy cloud mining service is becoming the strongest contender in the cloud mining industry appeared first on ZyCrypto. дальше »
2019-3-29 16:42 | |
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Israeli Court Rules Against One-Size-Fits-All Bitcoin Ban by Bank
An Israeli court ruled on March 17, 2019, that banks can't enforce a blanket ban against all accounts linked to cryptocurrency. Instead, the court said, banks need to consider the specific type and scope of crypto-related activity before determining whether or not to open an account. дальше »
2019-3-20 18:53 | |
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Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019
Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. дальше »
2019-2-26 22:09 | |
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ICO project from Spain to return $68 million to investors
The Spanish cryptocurrency project CryptoSolarTech, which promised to launch mining farms using solar energy, decided to reimburse all funds collected within the ICO to investors. The reason is that it did not manage to receive permits from the Spanish authorities. дальше »
2019-2-24 12:48 | |
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Will This Vulnerability Finally Compel Bitmain to Open Source Its Firmware?
As if Bitmain’s year hasn’t been rough enough, having posted big losses and laying off entire departments, its flagship product now has a firmware vulnerability. A few weeks ago, Bitcoin Core contributor James Hilliard discovered an exploit in Bitmain’s S15 firmware. дальше »
2019-2-21 23:44 | |
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BetterHash Protocol Lets Pool Miners Regain Control Over Their Hash Power
One problem that concerns many is the centralization of mining within the Bitcoin ecosystem. Fortunately, there are talented developers working to solve this problem and Matt Corallo, full-time Bitcoin developer at Chaincode Labs, is one of them. дальше »
2019-1-26 23:50 | |
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Mining Closures Reveal Recurring Bitcoin Bear Market Trend
Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U. S. -based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. дальше »
2019-1-18 09:35 | |
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How Could Nvidia’s Crypto Mining Business Worsen? A Class Action Lawsuit as GPU Demand Collapses
According to the Graphic Processing Unit development company, and graphics cards designer, Nvidia is going from bad to worse as it sees less that positive returns on its GPU sales for cryptocurrency mining. дальше »
2018-12-31 20:36 | |
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Despite undergoing a lower rate of Cryptocurrency adaptation, illegal Crypto Mining is a big business in Africa
Africa (countries in Africa) just like many other countries are still yet to fully adopt the technology of cryptocurrency and the major reason for this can be traced down to law enforcement organizations who are still uncertain on what to categorize cryptocurrencies as and where exactly the digital currencies fall into. дальше »
2018-12-20 23:38 | |
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BitMEX Studies Bitcoin Cash Hashwar, Finds BCH ABC and BCH SV Are Mining with Significant Losses
The Bitcoin Cash (BCH) hashwar begun on November 15. Over the last 24 hours, the two sides have battled for control of the world’s fourth largest cryptocurrency. A BitMEX analysis from earlier today reveals just how costly the battle has become: both BCH camps are mining at a major loss. One reason why bitcoin is […] дальше »
2018-11-17 08:04 | |
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BTCC Announces the "Indefinite" Closure of Its Mining Pool
BTCC will be shutting down its mining pool by the end of the month. According to a recent notice made by the Hong Kong-based exchange, BTCC will deactivate its mining pool servers on November 15, 2018, and cease all operations entirely come November 30. дальше »
2018-11-7 21:29 | |
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BTCC exchange is closing its mining pool business
BTCC, Hong Kong-based cryptocurrency exchange, is shutting down its mining pool business, BTCC Pool Limited, after 4 years in operation. On November 6, BTCC Pool said that it would shut down all mining servers on November 15 and would cease operations indefinitely from November 30, citing the reason for the closure as “business adjustments”. The […] дальше »
2018-11-6 16:08 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Has Bitcoin (BTC) Finally Succumbed To Stock Market Pressure?
Bitcoin (BTC) held its ground when the stock market plunged deep into the red yesterday. Both the S&P 500 and Dow Jones Industrial Average registered significant drops. However, Bitcoin (BTC) remained unaffected by it. дальше »
2018-10-11 17:00 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Are Swiss Banks Soon Going To Be Allowed To Trade Ethereum, In Israel?
Switzerland is one of Europe’s most pro-crypto countries. Home of Zug, affectionately known as Crypto Valley, Switzerland are spearheading numerous moves to cryptocurrency adoption, and are also fostering a very healthy mining industry too. дальше »
2018-9-21 08:00 | |
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Why Bitcoin (BTC)’s Price Is A False Indicator Of Actual Value
Chart for BTC/USD (1W) Bitcoin (BTC) is currently trading just above $6,400. The average cost for mining one Bitcoin (BTC) lies slightly below this level between $5,800 and $6,200. This is the reason the price has managed to stay above those levels for now despite the fact that the volume is so low that a couple of million dollars could swing the price either way. дальше »
2018-9-20 17:00 | |
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Google mysteriously removes cryptocurrency wallets from Play Store
Google removed at least three major cryptocurrency wallets from its Play Store overnight. While the reason for their removal is not immediately clear, Bitcoin. com CEO Roger Ver is blaming Google’s new cryptocurrency mining policy. дальше »
2018-9-13 14:19 | |
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Mines Now Being Used To Mine… Bitcoin
A decommissioned mine in the Norwegian Fjords is alleged to have been converted into a data centre, designed to mine Bitcoin in an efficient and sustainable manner. It’s not the first time an old mine has been re-designed as a Bitcoin mine, there’s a very good reason for that too, old mines allow for the perfect environment for cryptocurrency mining. дальше »
2018-9-3 18:00 | |
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GPU Manufacturing Giant Nvidia Leaves Crypto Mining
Media accounts are leaning toward blaming a supposed lack of interest in cryptocurrency as the reason US chip behemoth Nvidia has backed out of the mining industry. It was only a little over a year ago the company hoped to make an impact in the space. дальше »
2018-8-24 05:00 | |
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SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent
Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain. дальше »
2018-8-21 18:03 | |
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Facebook’s Record-Setting Stock Market Wipeout Revives Crypto Comparisons
Security and volatility. They are the two aspects of cryptocurrencies that are attacked the most. While there are other challenges such as scalability, the energy consumption associated with mining, and privacy, cryptos’ volatility is often cited by skeptics as the reason they could never become a mainstream payment method. In 2017 alone, Bitcoin’s value rose […] дальше »
2018-7-31 23:00 | |
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A Prehistory of the Ethereum Protocol
Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions. дальше »
2018-7-21 23:03 | |
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MinerBit: Bitcoin (BTC) & Bitcoin Cash (BCH) Cloud Mining Plans?
MinerBit claims to be the leading mining company in Bitcoins, why we say ‘they claim' is because the company still has a long way to acquire such a title. Read on to find out why you should stay clear of the platform just yet. дальше »
2018-7-5 13:17 | |
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