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Anger At Call For Congress To Place ‘Effective Ban’ On Bitcoin Mining

Bitcoin proponents have reacted angrily to what they warn is a fresh attempt to make US Congress ban public cryptocurrencies. Murray: US Should Treat Miners Like Banks As financial news outlet Business Telegraph reported, on September 3, an expert witness went before lawmakers to argue miners on blockchains such as Bitcoin’s should face full banking-style regulation. дальше »

2019-9-4 16:00


Bitcoin mining revenue continues to hike despite concerns over profitability

The importance of mining has never been questioned; Simply put, mining is the process of generating new Bitcoins in the network and facilitating transactions on the blockchain. Miners are rewarded for their efforts in BTC for the addition of a new block, but over the past few years, the profitability of mining has been under […] The post Bitcoin mining revenue continues to hike despite concerns over profitability appeared first on AMBCrypto. дальше »

2019-9-1 12:00


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Contradicting Reports Emphasize The Rise And Fall Cryptojacking

Following reports that the alleged Capital One hacker was using servers to mine crypto, cryptojacking is on the tip of the space's tongue. Unfortunately, there seems to be a bit of confusion as to how prevalent cryptojacking is, with a recently released study from McAfee Labs and information from the cybersecurity firm Bad Packets suggesting malicious miners are both on the rise and experiencing a downward trend. дальше »

2019-8-31 19:53


Heavy Rains In China Force Bitcoin Miners To Stop Their Operations

Heavy rainfall in China’s Sichuan province has triggered land and mudslides leading to various local hydropower stations and Bitcoin mining farms to suspend their operations. Sichuan’s mountainous areas of Aba prefecture has been receiving heavy rains since Monday and local government now says landslides have now affected 17 counties in the area. There are several […] дальше »

2019-8-21 20:14


Litecoin dominates Scrypt mining with over 98% market share as Dogecoin-Litecoin hash rate correlation stays strong

Soon after miners’ block reward halving event, Litecoin got tangled in controversies and “FUD,” the latest one being the developer count on GitHub. However, the Litecoin Foundation managed to dodge it, thanks to the Litecoin Community Manager’s elaborate explanation on the subject and its creator, Charlie Lee’s 16-tweet long thread. дальше »

2019-8-13 15:30


Mining Difficulty (MD) Influences Behavior of Miners on the Bitcoin (BTC) Network

As most of our regular readers are well aware of, Bitcoin is a decentralized peer-to-peer network wherein each separate tx is secured using a SHA26 algorithm. Also, it is worth noting that peers on the network are required to invest a certain amount of their computational power (hash power) to verify each individual transaction. In […] дальше »

2019-8-12 19:50