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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. дальше »
2019-8-6 21:00 | |
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Booze and Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. дальше »
2019-8-8 21:00 | |
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Bitcoin Price Analysis - On-chain metrics pull back as Hash rate and difficulty push for record highs
Network mining fundamentals have shown impressive growth in the past few weeks with both hash rate and difficulty pushing new all-time highs. As long as the markets remain bullish, and mining profitability remains positive, miners will likely continue to add hash rate, especially as older ASICs return to profitability. дальше »
2019-7-25 15:01 | |
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Top 5 Most Lucrative Proof of Stake Platforms
Proof of Stake (PoS) platforms are firm on their way to become the new benchmark in the crypto industry, as their Proof-of-Work (PoW) ancestors continue to grow out of date. PoS’ main advantages include sustainability and incentivization. дальше »
2019-7-21 19:46 | |
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Bitcoin Price Set for 2020 Halving Breakout: Mining and Network Activity at ATH
The Bitcoin price appears set for a massive breakout as network fundamentals are at all-time highs (ATH) as the 2020 halving event approaches. Bitcoin Network Metrics at ATH With the Bitcoin block reward halving less than a year away, the network activity parameters continue to set new ATHs. дальше »
2019-7-7 18:00 | |
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Enecuum Launch Blockchain Network with Mobile Masternodes. Keep Calm and Continue Mining!
Enecuum, a blockchain mobile network for decentralized applications which is able to bring blockchain and cryptocurrencies to the real mainstream, involve mobile devices users into a blockchain network, and provide powerful toolkit for the dApps developers to create fast and low cost applications WEB 3. дальше »
2019-7-4 12:11 | |
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Broke Iran Seizes 1,000 Crypto Rigs, Skips Bitcoin Mining Mosques
As sanctions imposed by the United States continue to bite reducing government revenues and widening the budget deficit, Iran has turned its ire to Bitcoin mining operations in the country that are mooching off the country’s heavily subsidized power. дальше »
2019-6-29 14:35 | |
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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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Litecoin [LTC] mining difficulty hits all-time high as prices continue to fluctuate
The cryptocurrency market, at the moment, is in the middle of a rollercoaster ride, causing prices to fluctuate significantly after a bullish hike lifted the industry’s value and the collective market cap. дальше »
2019-6-4 12:00 | |
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Bitcoin Core 0.18.0 Release: Here’s What’s New
Today, May 2, 2019, marks the official release of Bitcoin Core 0. 18. 0, the 18th generation of Bitcoin’s original software client launched by Satoshi Nakomoto almost 10 years ago, and still the dominant Bitcoin implementation on the network today. дальше »
2019-5-3 16:02 | |
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Iran’s First Ever Bitcoin ATM Unveiled in Tehran
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran. дальше »
2019-4-27 21:31 | |
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Cryptojacking: Malicious Cryptocurrency Mining Is not a Crime, Japanese Court Rules
A court in Japan has acquitted an individual accused of embedding a cryptojacking malware in his website to surreptitiously mine cryptocurrency using the computing power of the visitors to the site. Local Japanese media platform, The Mainichi reports that the court ruled that such activity wasn’t a criminal offense. Meanwhile, Internet security experts continue toRead More дальше »
2019-3-29 20:00 | |
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New AT&T Cybersecurity Crypto Malware Report: “Making it Rain, Bitcoin Mining Cloud Attacks”
There have been several hackers that stole users’ spare computing power to mine virtual currencies. Other attackers targeted large websites and injected crypto mining software to steal users’ computing power when they were visiting the site. дальше »
2019-3-20 20:01 | |
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Ethereum Blockchain Hashrate Analysis Sees Downward Spiral in Power Continue Ahed of Upgrade
The Constantinople hard fork in getting closer and closer to happening after being postponed due to a bug in the update. In response to this, the mining hash rate is declining by the day as miners await the hard fork. дальше »
2019-2-25 17:14 | |
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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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Ethereum Price Analysis - Miners getting squeezed
Ethereum network fundamentals are on pause once again as the Constantinople hard fork has been delayed until February 27th. A reduction in ETH issuance will affect not only the annual inflation but also mining profitability. дальше »
2019-2-13 14:01 | |
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Lack of “Consistency” in Bitmain Business Model Jitters IPO Ambitions
According to a report by 8BTC published on January 24, 2019, an “inconsistent” business model might be to blame for cryptocurrency mining giant Bitmain’s diminishing chances of being listed on the Hong Kong Stock Exchange (HKSE). дальше »
2019-1-26 20:00 | |
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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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Bearish Crypto Market Claims Another Victim in Mining Space
The long-running bearish sentiment of cryptocurrency market has claimed another victim. Giga Watt, a US-based Bitcoin mining firm, sent an email to its customers, stating that it has decided to close down operations. дальше »
2019-1-18 18:06 | |
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Cryptocurrency mining malware has become self-aware (kinda)
A common form of cryptocurrency mining malware has evolved and is now able to switch off security services to continue mining without being detected. Security researchers at Palo Alto Networks’ Unit 42 discovered that the malware used by cryptojacking group “Rocke” is able to gain administrative privileges to Linux-based cloud servers and uninstall vital security programs. дальше »
2019-1-17 18:18 | |
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Bitmain Continues to Downsize Amid Management Restructuring Reports
Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam. дальше »
2019-1-15 00:45 | |
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Bitmain Suspends Texas Mining Operations
Bitmain’s woes continue with layoffs and a muddled suspension that leaves behind a skeleton crew.
дальше »2019-1-15 22:27 | |
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A Look at Some of the ‘Next Generation’ Mining Rigs Available Today
Over the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. дальше »
2019-1-12 03:10 | |
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A Look at Some of the ‘Next Generation’ Bitcoin Mining Rigs Available Today
Over the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. дальше »
2019-1-12 03:10 | |
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Bitcoin is Stabilizing, But Here’s 5 Reasons Why the Crypto Asset Bear Market Can Still Persist
Many cryptoanalysts and investors think that we are at the tail end of the bear run which has lasted for over a year now. Although there are those who think that things will continue to get worse for Bitcoin and other cryptocurrencies. дальше »
2019-1-7 20:55 | |
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Japanese Internet Giants Shutter Crypto Mining Operations
As Bitcoin and crypto prices continue to fall profitability from mining using certain types of hardware inevitably follows suit. Japan has a number of high profile corporations heavily invested in mining operations and it looks like they are about to pull the plug. дальше »
2019-1-3 12:00 | |
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Crypto VC Suggests Bitcoin Cash and Litecoin Could Be Ruined Thanks To Bitmain Layoffs
Bitmain, the Chinese mining hardware manufacturer who recently applied for listing on the Hong Kong Stock Exchange, has laid off around half of their employees, the company confirmed in a statement: “There has been some adjustment to our staff this year as we continue to build a long-term, sustainable and scalable business. дальше »
2018-12-28 00:05 | |
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Bitmain Reportedly Will Sack More Than Half of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-29 21:20 | |
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GMO Internet To Stop Manufacturing And Selling Mining Rigs
Although the company is going to stop making and selling mining rigs, it will continue its in-house mining operations.
дальше »2018-12-27 03:46 | |
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Japanese IT Giant GMO Quits Mining Hardware Business
CoinSpeaker Japanese IT Giant GMO Quits Mining Hardware Business However, the company will continue with its in-house mining business, after relocating its mining operations to a region with cheaper power supply. дальше »
2018-12-26 14:19 | |
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Japan’s GMO Quits Manufacturing and Selling Mining Machines
Japanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company will, however, continue to mine in-house but will relocate its mining center to a region with cleaner and less expensive energy. дальше »
2018-12-26 01:00 | |
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Layoffs Underway Amid ‘Adjustments,’ Bitcoin Miner Bitmain Confirms
Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday. дальше »
2018-12-25 19:00 | |
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Bitcoin Can’t Fall To $0 Nor Enter A “Death Spiral” — Mining Rules Deem It So
As BTC capitulated on Thursday evening, falling under a handful of purported key support levels, a number of bearish commentators, including Nouriel “Dr. Doom” Roubini and Bloomberg’s Mike McGlone, doubled down on their sentiment that cryptocurrencies would continue to disintegrate. дальше »
2018-12-7 14:00 | |
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Bitcoin’s Network Just Experienced Its Second Largest Downward Adjustment
As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime. дальше »
2018-12-4 01:01 | |
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Bitcoin Miners Selling Shakes Off Gold Rush Mentality
Bitcoin (BTC), Cryptocurrency–As prices for Bitcoin continue to slip to their lowest point in over a year, with all eyes on BTC hitting $3,000, a recent inquiry into the dipping hash rate has led some to question the health of the crypto mining industry. дальше »
2018-11-27 04:29 | |
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Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible?
There has been news going around that major mining rigs in China have shut down as a result of reduced profitability due to reduced hash rate. According to the information, many miners say they have been mining at a loss for months but can no longer afford to continue because of increased electricity tariffs due […] The post Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible? appeared first on ZyCrypto. дальше »
2018-11-21 23:26 | |
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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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“Bitmain Is Restructuring,” But Jihan Wu Still a Board Director: Source
Bitmain has denied reports that its CEO Jihan Wu was ousted as the mining firm’s board director while confirming that the board has undergone restructuring. Setting the record straight, Nishant Sharma, international marketing manager of Bitmain Technologies Limited, told Bitcoin Magazine that, instead of losing his position, Wu will continue on as a co-director of the board amidst a wider reorganization. дальше »
2018-11-15 21:26 | |
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Bitmain Sues Anonymous Hacker Over $5.5 Million Theft
Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance. дальше »
2018-11-14 23:31 | |
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Bitcoin Mining ’50 Times More Useful’ – Barry Silbert Rebuts Energy Cost vs. Gold
Cryptocurrency industry figures continue to hit back at negative stories about Bitcoin mining in mainstream media, Barry Silbert claiming mining Bitcoin was “50 times more useful” than gold. What’s In A Number? In a tweet November 6, the Digital Currency Group founder and CEO rebutted claims over Bitcoin mining which originally surfaced in the Nature International Journal of Science. дальше »
2018-11-8 02:00 | |
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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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