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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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Blockstream Has 3x The Hashpower of Entire Bitcoin Cash Network
Forbes writer Kyle Torpey reported that Blockstream, a crucial company in Bitcoin Core development, has been hosting Bitcoin miners at two facilities for quite some time. Big Boy Mining Top clients include Fidelity’s Center for Applied Technology (FCAT). дальше »
2019-8-12 19:13 | |
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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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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter
Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. дальше »
2019-5-10 20:04 | |
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Ethereum Creator Rips Crypto Conference for Hosting Bitcoin SV ‘Shills’
Readers may remember the legendary moment last year when Ethereum co-creator Vitalik Buterin responded to a talk by Craig Wright to call him a “fraud. ” Buterin had endured enough of what he viewed to be baseless claims on the part of Wright, who at the time was talking about “dishonest miners” in the crypto economy. дальше »
2019-4-6 21:09 | |
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Genesis Mining Launches New Dash Cloud Mining Offers (x11) For Customers
Genesis Mining Launches New Dash Cloud Mining Offers For Customers The second half of 2018 was very difficult for cryptocurrency miners as a whole. It became increasingly difficult for them to operate in the space with falling crypto prices. дальше »
2019-4-1 20:10 | |
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Bitmain To Launch More Powerful Bitcoin Miners
In a world where Bitcoin mining is increasingly competitive, mining equipment can quickly go obsolete. As hashrate increases, the difficulty of successful block creation soars, thereby making it less profitable to secure the network. дальше »
2019-3-29 20:11 | |
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Bitcoin Miner Says Solar Energy Cuts Mining Costs By 75%
Market conditions and electricity costs have substantially lowered cryptocurrency mining profitability. As a result, big and small-scale cryptocurrency miners are forced to turn to renewable energy to reduce operational mining costs. дальше »
2019-3-14 07:00 | |
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Mongolia Will See At Least 1000 New Bitcoin Miners In 2019
Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market. дальше »
2019-1-12 05:00 | |
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Bitcoin Miners Eviscerated: Japan’s GMO Shuts Down Cryptocurrency Mining Hardware Division
GMO Internet, a major Japanese-based technology company, has shuttered its division responsible for designing and manufacturing mining chips. Mounting losses from a weak cryptocurrency market resulted in the sudden decision. дальше »
2018-12-28 10:20 | |
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Solo Crypto Mining Profitably Is Declining As It’s No Longer Worth The Costs To Mine On Your Own
In the early days of crypto, hobby miners were able to generate enormous profits using ordinary GPUs and even CPUs. Today, things have changed: a new report suggests individual mining is no longer profitable. дальше »
2018-11-15 10:29 | |
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Battle of the Privacycoins: Why Monero Is Hard to Beat (and Hard to Scale)
Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-9-15 20:21 | |
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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. дальше »
2018-8-28 19:11 | |
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Amidst Bear Market, Crypto Miners Repurpose Mining Equipment
A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto. дальше »
2018-7-20 13:00 | |
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Op Ed: Addressing the Threat of Cryptomining Malware
One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »
2018-7-18 23:18 | |
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‘Miners Are Miners Again’: Bitcoin Core Dev Launches Alternative Mining Protocol
Bitcoin core developer Matt Corallo has launched a mining pool which aims to increase decentralization as Bitcoin mining becomes increasingly monopolized. Corallo: Miners ‘Have No Control’ Beginning June 25 but still with what Corallo describes as “vulnerabilities,” the pool uses BetterHash, a protocol which seeks to offer mining pool users the option to use their own block templates rather than those prescribed by pool owners. дальше »
2018-7-3 20:00 | |
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