Cryptocurrencies Mining News
Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban
Things turned south for Bitcoin (BTC) miners in May as China intensified crackdowns on this sector. Even though miners have found the right footing by relocating to other areas like the United States, the eighth consecutive difficulty is being witnessed.
Bitcoin miners score their second-highest month of revenue ever with $1.72 billion in October
Bitcoin miners hauled in $1.72 billion in revenue during October, new monthly data shows, the second-highest level on record.
Does cloud mining pays off? How to choose the best cloud mining website?
Crypto cloud mining is a method of mining in which you pay a monthly amount to the mining company and ask them to mine the cryptocurrency you want. Crypto cloud mining is a system for mining cryptocurrencies that uses the power of rental processors. It does not require the direct installation and mining of related hardware and software. The companies that offer cryptocurrency cloud mining services allow people to open accounts for mining purposes. Then remotely participate in the process of mining cryptocurrencies by paying a fixed fee. This innovation makes mining accessible to more people around the world.
Bitcoin mining hardware maker Canaan's stock price surges more than 80%
Canaan, the bitcoin miner manufacturer that's listed on the Nasdaq exchange, saw its stock price soar by more than 80% on Wednesday.
North Korea Is Expanding Its Monero Mining Operations, Says Report
North Korea is stepping up mining of the privacy coin monero as the regime continues its efforts to circumvent sanctions.
New York Crypto Mining Farm Coinmint Set to Dissolve?
An ongoing dispute between the two partners who hold equal shares in multi-cryptocurrency mining company Coinmint has resulted in one of the partners filing to dissolve the company. Coinmint claims to be the largest digital currency data centre in the world with the company operating in the former Alcoa aluminium smelting plant in Massena, New York.
Bitcoin Mining Farms Not Closing Because of Coronavirus
Some 70% of mining is in China where an outbreak has led to 80% of the people there staying indoors according to a bitcoin miner in China.
Large Bitcoin Cash (BCH) Mining Group Opposes Dev Fund Proposal
There are some dissenting voices within the Bitcoin Cash (BCH) community.
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away.
Bitcoin Cash miners propose 12.5% share of block rewards to support ecosystem
Jiang Zhuoer, CEO of BTC.TOP, the largest mining pool on Bitcoin Cash, announced a proposal through a blog post that would redirect 12.5% of Bitcoin Cash Coinbase block rewards to a development fund.
Crypto mining malware ‘dominates’ cyber criminal activity, report
Just like any other industry, the crypto industry is highly vulnerable to cyberattacks in 2020, according to a Check Point Research‘s cybersecurity report.
Bitcoin miners made an estimated $5 billion in revenue during 2019
The world's bitcoin miners brought in an estimated $5 billion in revenue during 2019.
ASIC mining contributes to Bitcoin’s robust system of immutability and security
With the advent of Bitcoin came industries that were never foreseen, and one of the prominent ones is the mining industry. Undermining Satoshi Nakamoto’s rule of ‘one CPU, one vote,’ the mining of the largest cryptocurrency has been completely overtaken by ASIC miners. Since its inception, there has been a divided sentiment surrounding whether ASIC mining is, in reality, good or not, not just for this particular cryptocurrency, but also other proof-of-work based cryptocurrencies in the market.
Bitmain cancels operation partnership for its Texas mining farm
Bitmain, one of the world's largest bitcoin mining machine manufacturers and miners, has terminated its management agreement with its Texas mining farm operator, DMG Blockchain Solution.
Coinmine CEO talks crypto mining and why good user experience is so important for adoption
CryptoSlate recently had the opportunity to chat with Coinmine CEO Farbood Nivi. In 2019 Nivi founded Coinmine, the manufacturer of the Coinmine One — the first all-in-one crypto device that is made for use by everyone. The beauty of the Coinmine is that no technical expertise is required to set it up and start mining.
Is the ASIC Resistance dream closer to reality, despite claims of it being a myth?
“Today we know that centralization and big bureaucracies have not, as promised, been the answer for promoting better opportunities for society” ~ Carlos Salinas de Gortari
Bitmain to Further Cut Half of Its Personnel
Bitmain has launched its ‘personnel optimization program’ by the end of 2019. At the end of last week, Jihan Wu, CEO of Bitmain held a meeting to ask all department managers to submit the ‘optimization list’. Bitmain will hold its annual meeting on January 17, and the optimization plan is expected to be completed before the annual meeting.
Chinese Bitcoin Miners Pressured to Scale Down Due to Electricity Shortages
Bitcoin (BTC) miners in the Chinese province of Sichuan are reportedly under pressurelocal authorities to scale down their operations due to electricity shortages.
Unknown Miner Reaches 70% of Bitcoin Cash Hashrate
The unknown hashrate of Bitcoin Cash (BCH) has suddenly reached 68.75% today in a surprising development.
Sichuan’s Garze Demands a Cleanup of Bitcoin Mining Operations to Give Priority to Social Electricity Demand
Authorities in Sichuan have started pressuring cryptocurrency mining businesses operating in the “Bitcoin mining capital” amid the dry season which has been leading to a shortfall in electricity supply.
Wear-to-earn NFTs target the billion-dollar fashion industry
The Singapore Effect
Thailand Lays Groundwork for Crypto Tourism to Revive Industry
Major Estonian Bank LHV Starts Offering Cryptocurrency Trading via Bitstamp
YouTube Crypto Scams On The Rise As Victims Lose Millions
26% of crypto investors in Japan tried out NFTs: Survey
TA: Bitcoin Breaking This Confluence Resistance Could Spark Recovery
Unix Gaming Prepares for Launch of a New Token as it Partners with The Club
Musk Reprimands Binance Over Dogecoin ‘Glitch’
Facebook’s centralized metaverse a threat to the decentralized ecosystem?
Ukraine is positioning itself as the Crypto Capital of the World
Seems like Queen Elizabeth Hedge fund (QEHF) is in trouble!