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Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination

The bearish trend that has been haunting crypto investors since the beginning of 2018 is now taking a visible toll on mining firms as well. Following the footsteps of rival Hashflare, the Iceland-based cloud crypto mining platform Genesis has announced a drastic step that yet again depicts the woes of a progressively distressed global mining […] Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-20 16:29


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Mining startup dumps unprofitable users, blames it on Bitcoin price drop

Popular cloud based cryptocurrency mining service, Genesis Mining, is calling it time on lower tier Bitcoin mining contracts after claiming they’ve become a pointless endeavor. In a Genesis Mining blog post (spotted by Cryptovibes), the cloud mining firm stated that it will no longer continue to support its lower tier Bitcoin contracts. дальше »

2018-8-16 16:34


Will Bitcoin [BTC]’s big break be during the imminent financial meltdown?

OPINION: The financial crisis of 2008 is still fresh in the minds of those on Wall Street and those in the cryptocurrency space, albeit for very different reasons. While Wall Street is still reeling from the aftermath of the crisis, the cryptocurrency community indirectly exists due to the crisis. As timelessly engraved in the genesis […] дальше »

2018-7-23 13:12


Is the XRP Ledger more decentralized than Bitcoin [BTC]?

OPINION: The XRP Ledger has been bashed by many members of the cryptocurrency community since its genesis. From wanting to work with regulators amongst the anarchism of Bitcoin [BTC] to being a pre-mined currency during the reign of Proof-of-Work, XRP has been an outlier to Bitcoin maximalists and proponents of decentralization alike. Therein lies the […] дальше »

2018-7-23 11:12


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The Bitcoin Wallet provider Xapo receives the 6th-bit ligence from New York State

Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator. Notably, this is the sixth-ever BitLicense the state has granted, with the last one being obtained by brokerage firm Genesis Global Trading in May 2018. With the obtained дальше »

2018-6-18 12:40


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