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New Report Finds 80% of Bitcoin Mining Running on Renewable Energy

A new report from CoinShares into Bitcoin mining suggests the practice is likely loss-making for the majority of miners at current prices. Average Miner ‘Running At A Loss’ In a ‘whitepaper’ which received high praise from cryptocurrency figures, CoinShares examined various facets of mining, which has seen increased prominence in recent weeks as Bitcoin price dropped to lows of $3500. дальше »

2018-12-1 00:00


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Bitcoin Miners Navigate A Crypto Minefield

When the Bitcoin (BTC) price crashes, most investors first worry about their portfolio, but their second thoughts likely shift towards the miners. After all, the crypto economy is fueled by mining rewards, and there must be some value attached to the process of verifying transactions in order for the miners to be incentivized to keep the […] The post Bitcoin Miners Navigate A Crypto Minefield appeared first on Crypto Briefing. дальше »

2018-11-28 20:30


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Bitcoin Cash ‘Hash War’ May Soon End As Losses Near $12M

The total cost of the ongoing ‘hash rate war’ affecting Bitcoin Cash has topped $11. 8 million, data from Hong Kong-based cryptocurrency trading platform BitMEX shows. SV Bears Brunt Of Giant Losses Fresh research uploaded to social media November 21 reveals the true extent of the curious phenomenon, in which miners have opted to mine Bitcoin Cash’s two forks at a loss. дальше »

2018-11-23 18:00


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A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed

A bug centering around a new Ethereum token, GasToken, which was enabling abuse on cryptocurrency exchanges, appears to have been resolved. The details are provided in a report originally published on November 13, 2018, that discussed how the bug was exploited by attackers, and what digital platforms could do if they wished to protect their hot wallet funds. дальше »

2018-11-22 00:34


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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Bitcoin Cash ABC update exposes potentially catastrophic vulnerability

It hasn’t been long since the monstrously wasteful hash wars began, but it already seems both newly spawned blockchains are running into potentially crippling technical difficulties. Shortly after BSV (nChain’s implementation of Bitcoin Cash) suffered from a bug that split its network in two, it appears that BAB (Bitcoin-ABC’s implementation of Bitcoin Cash) has rolled out a software update that puts its entire network at risk of 51-percent attacks from rogue miners. дальше »

2018-11-21 20:52


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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan. дальше »

2018-11-21 20:00


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ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs

In recent mining news, Susquehanna International Group has reported that it is no longer profitable to mine ether with a GPU. In other news, a Canadian miner has taken to Twitter to share photos of a system that recycles the heat generated by his six ASIC miners, while Jihan Wu has accused Craig Wright of […] The post ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs appeared first on Bitcoin News. дальше »

2018-11-21 19:15