2022-6-1 17:15 |
Miners are still accumulating BTC so far, but continuing depressed prices may up-end the status quo this summer, new analysis says. origin »
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During the Blockchain Pizza Festival held from May 22nd to May 31st, BitFuFu organized an exciting “Team Up, Mine More” event that attracted the attention and participation of many miners.
2023-6-14 16:34 | |
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On May 10, 2022, the parliament of Norway voted against a proposed ban on Bitcoin mining in the country. This was good news for crypto miners, who were relieved at the decision. Red Party (communist party of Norway) initially recommended a plan to restrict the Bitcoin mining activities in Norway in March 2022. However, the […]
2022-5-14 01:00 | |
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The Bitcoin Mining Council has released a report that confirms that 58. 4% of Bitcoin mining comes from a “sustainable electricity mix. ” Elon Musk famously said that Tesla would start accepting when “there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.
2022-5-3 07:00 | |
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While Monero rallies for the last 2 months, miners are getting ready for a fundamental update
2022-4-22 13:21 | |
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On-chain data shows the Bitcoin MPI has spiked up recently, suggesting that miners may have started to dump the crypto. Bitcoin Miners’ Position Index (MPI) Has Sharply Risen Recently As pointed out by an analyst in a CryptoQuant post, some data suggests BTC miners may have began to dump the coin following recent rally. The […]
2022-3-30 22:00 | |
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Bitcoin network fundamentals appear more resilient than ever to attacks on miners‘ operations.
2022-3-22 14:15 | |
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IMPORTANT WARNINGS Trying to deposit a non-supported token may result in the loss of tokens. Send a small test amount first Beware when choosing the network which you want to use for sending crypto How to Withdraw Cryptocurrency on Nicehash Nicehash is a known mining software platform where miners could use to direct their machines […] The post How To Transfer Crypto (BTC, ETH, XRP etc) From Nicehash to Binance? appeared first on CaptainAltcoin.
2022-3-9 00:27 | |
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Last Friday, reports of a cyberattack on Nvidia broke out. America's leading chip manufacturer confirmed a blackout on its business operations for close to 48 hours and attempted to quell panic by assuring frantic users that the attack has no effect on its service to customers.
2022-3-5 12:43 | |
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With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted.
2022-2-25 06:22 | |
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Kazakhstan may soon prove to be a hostile location for crypto miners as the Asian country’s government has proposed a hike in its electricity tariff and taxes for crypto miners. The post New tax proposal in Kazakhstan could push crypto miners out appeared first on CryptoSlate.
2022-2-9 00:00 | |
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Kazakhstan officially shuts down energy for Bitcoin miners till February. The oil-rich nation is struggling to keep up with energy demands as BTC hash rate drops. Kazakhstan may stall bitcoins’ slow recovery with its shut down on mining activities.
2022-1-26 23:53 | |
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The Iranian government is worried some regions in the country may suffer blackouts when… The post Iranian authorities ask miners to halt mining activities again – Here’s why appeared first on Coin Journal.
2021-12-27 15:39 | |
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Bitcoin’s On-chain usage is also on an uptrend, with average active addresses topping 1 million, last seen in May. The post BTC Hash Rate Nearing ATH, Iceland Rejecting New Bitcoin Miners Due to Power Shortage first appeared on BitcoinExchangeGuide.
2021-12-8 17:45 | |
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The exodus of Bitcoin miners from China to USA is generally hailed as a success. But this may be oversimplifying the real picture. A report by Arcane Research which compared mining stocks to Bitcoin rThe post Report explores discrepancies in different Bitcoin mining companies' performances appeared first on AMBCrypto.
2021-12-1 16:00 | |
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The on-chain indicator Puell Multiple shows Bitcoin miners don’t have much incentive to sell at the current price level. Puell Multiple Values Are Still Relatively Low At The Current Level As pointed out by a CryptoQuant post, Puell Multiple values are still not too high, implying miners may not feel pressure to sell at the […]
2021-11-23 22:00 | |
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Bitcoin has seen its own share of ups and downs since the beginning of this year. In fact, it massively rallied over the course of the year's first few months, before becoming a victim of May's flash The post Miners have this role to play in pushing Bitcoin's price above $70K appeared first on AMBCrypto.
2021-11-14 14:30 | |
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The governor of the Irkutsk region in Russia complained to the government about illegal miners. Because of them, power outages may begin in the region.
2021-10-20 10:51 | |
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Bitcoin mining profitability is up 275% since before the May 2020 halving.
2021-10-5 06:47 | |
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China is relentless in its pursuit to push digital currencies out of investors’ sight. After it sent miners packing back in May, China is reiterating that it has more heat in store for the Crypto market.
2021-8-28 17:58 | |
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A look at the history of the Miner’s Position Index (MPI) would suggest Bitcoin miners usually sell before the bull run cycle top. The Bitcoin Miner’s Position Index Vs The Price For Various Cycles As pointed out by a crypto analyst on CryptoQuant, the BTC Miner’s Position Index may suggest that miners aren’t good at […]
2021-8-27 22:00 | |
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Iran’s state electricity company has just shared some good news for its local cryptocurrency miners, announcing that the mining ban is likely to be lifted come September. The Iran Power Generation, Distribution, and Transmission Company (Tavanir) previously prohibited mining on a country-wide basis earlier this year, in May.
2021-8-23 14:56 | |
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2021-8-14 17:46 | |
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Bitcoin miner revenue jumped 15. 8% in July to $971. 83 million. This increase in miner revenue came after three consecutive months of drop following the all-time high of $1. 75 billion in May. Daily bitcoin miner revenue (7DMA) is also on the rise since a low of $20.
2021-8-9 01:07 | |
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The much anticipated London hard fork with EIP 1559 has been activated at block 12,965,000. As of writing, 304. 9 ETH has already been burned. While the burning started fast, it may not continue at this rate as all the miners haven’t started mining 30 million blocks yet, so we are not at maximum capacity.
2021-8-5 17:39 | |
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The United States is now the new hotspot for bitcoin (BTC) miners who have been forced to leave China since May. The events of the past months have effectively crashed Bitcoin’s energy usage and experts have predicted that over 40 percent of the global hashrate by 2022, will be controlled by North America, thanks toRead More
2021-7-21 13:00 | |
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Even as Bitcoin attempts to gain a footing in the now downsized market owing to massive dumping witnessed in May following China’s ban on crypto-related activities, the PBOC seems not to be backing down on its move against Bitcoin miners and traders but instead, seems to have intensified its crackdown. On July 6, the Beijing […]
2021-7-9 22:32 | |
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As Iran’s electricity disruptions continue, the country's Vice President has now charged all Bitcoin miners to stop operations altogether. Electricity Crisis May Continue Until August The Vice President, Eshaq Jahangiri, said that the current electricity situation for Iranians is likely to continue until early August.
2021-7-8 22:19 | |
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Bitcoin may be fresh from its biggest difficulty plunge ever, but estimates warn tat the next may eclipse even that as miners continue to struggle.
2021-7-5 11:21 | |
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Getting your hands on a graphics card (GPU) has been near impossible with cryptocurrency mining and chip shortages eating up all available inventory and hiking prices to record levels. But there may soon be some respit.
2021-9-8 22:13 | |
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The computational power used for mining Bitcoin has collapsed 45% from its peak. In May, when the miners were witnessing high activity, the hash rate hit 180.6 TH/s. Source: Blockchain.com ThisThe post Bitcoin hash rate: Why it’s 'still crazy to see it playing out' appeared first on AMBCrypto.
2021-6-28 20:00 | |
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Let’s take a deeper look at what may appear as a magical process: bitcoin mining.
2021-6-27 19:00 | |
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Bitcoin miners were dealt a blow in May as the Financial Stability and Development Committee of the State Council of China announced further controls on financial risk. The post Could Paraguay emerge as a Bitcoin mining hub after China crackdown? appeared first on CryptoSlate.
2021-6-22 07:00 | |
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"Drop down" seems like a trend for Bitcoin at the moment: From its price 'dropping down' over the past few days, with Social Sentiment was also seen dropping since May 19th. Now hashrate was also, welThe post Bitcoin hashrate & miners: The good and bad you need to know appeared first on AMBCrypto.
2021-6-20 18:00 | |
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Multiple Bitcoin miners in China's Sichuan province were shut down over the weekend and Bitcoin's hash rate is down almost 30% since May. Will the price fall further as a result - and what is the correlation between hash rate and price?
2021-6-22 17:00 | |
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Bitcoin mining activities might be coming to an end as the industry is used to knowing them. The Asian giant has decided to step up its regulations on this sector; many miners have decided to migrate to friendlier countries.
2021-6-19 19:08 | |
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Chinese media sources state that Alibaba Cloud behemoth may stop providing services to crypto companies in China – that would hit Bitcoin miners but not exchanges
2021-6-18 14:50 | |
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Bitcoin miners may opt for ESG ratings to prove “greenness” as environmental concerns loom over the entire crypto industry.
2021-6-17 19:34 | |
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Bitcoin is heating up — some may say erupting — as the Latin American country plans to tap energy from volcanoes for mining the cryptocurrency.
2021-6-10 00:37 | |
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The latest events in China have pushed crypto miners to reevaluate domestic risk as they may now look toward international expansion.
2021-6-5 19:44 | |
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Despite the market crash, Bitcoin (BTC) miners appear only marginally affected with reduced revenues in May, according to data from analytics tool Coin Metrics. The post Bitcoin miners made over $1.
2021-6-3 16:00 | |
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PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of GHX, being available to trade on the 27th May 2021 at 10:00AM UTC. GHX (GamerCoin) was created by the GamerHash team, as an incentive for the miners within the app and as a reward for carrying out the tasks on the Play&Earn module. GHX […]
2021-5-27 16:00 | |
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Following his earlier criticisms of Bitcoin’s energy usage, Tesla CEO Elon Musk has met with bitcoin miners in North America to promote the use of renewable energy for BTC mining activities. New Bitcoin Mining Council Formed After Meeting Tweeting on Monday (May 24, 2021), Musk revealed that bitcoin miners based in North America were committedRead More
2021-5-26 13:30 | |
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While the global cryptocurrency market is presently experiencing a serious correction, Ethereum miners have continued to make a fortune from their ether (ETH) mining activities. According to data released by The Block Research on May 23, 2021, ETH miners have generated about$1.
2021-5-24 14:30 | |
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Jiang Zhuoer, the operator of major Chinese mining pool Lebit Mining, argued that the latest crackdown on crypto in the country would likely lead to miners relocating their activity to Europe and the United States, as pointed out by journalist Colin Wu.
2021-5-23 22:00 | |
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Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally. Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage. The State Grid in […]
2021-5-22 05:02 | |
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Some top metal and mining companies have come together to trace cobalt used in electric cars with the help of blockchain technology. Tracing Cobalt With Blockchain According to an official announcement on Thursday (May 20, 2021), Switzerland-based commodity trading and mining company Glencore, along with leading miners Eurasian Resources Group (ERG), CMOC, and battery materialRead More
2021-5-21 09:00 | |
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On May 10, the Ethereum network generated roughly $89 million in transaction fees, the highest in its history. At this pace, the platform is on the course of printing $32.5 billion in fees, a gold mine for miners but a negative development for users who are increasingly shifting to layer two options. Ethereum is ActivityRead More
2021-5-12 20:00 | |
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For the first time in eight years, more hash rate was channeled from outside of China, the operator of one of the world’s oldest Bitcoin mining pool, F2Pool, notes as per a tweet on May 4. Bitcoin Hash Rate: The Shift in Distribution Bitcoin’s autonomy is because miners willingly channel computing power using expensive andRead More
2021-5-5 23:00 | |
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Cryptocurrency exchange ByBit has announced that it will launch a mining-as-a-service (MaaS) product dubbed ByBit Cloud Mining in May. Notably, the firm indicated that the cloud mining product will help anyone access the Ethereum mining industry without the need for hardware installation.
2021-5-4 15:22 | |
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Eugene Fama, the renowned “Father of modern finance,” predicts Bitcoin will be worthless in a decade. Why? Cryptocurrencies “violate all the rules of a medium of exchange,” Fama said on the Jan.
Grayscale Investments has introduced the Grayscale Bitcoin Miners ETF (ticker: MNRS), a new exchange-traded fund that provides exposure to publicly traded Bitcoin mining companies. The fund, which tracks the Indxx Bitcoin Miners Index, is designed for investors looking to gain…
Digital Currency Group (DCG) has announced the launch of Fortitude Mining, a new subsidiary focused on diversifying exposure to high-growth crypto assets and Proof-of-Work ecosystems beyond Bitcoin (BTC).
CleanSpark is a strong buy and ‘top option’ for investors this year, according to a report by H.C. Wainwright & Co. CleanSpark, a Bitcoin (BTC) mining company, hosted an investor day in New York City on January 27, celebrating its…
HIVE Digital has signed a multi-million deal to acquire a 200 MW mining site in Paraguay, with plans to achieve 25 EH/s by September. Canadian Bitcoin (BTC) mining giant HIVE Digital is set to acquire Bitfarms‘ 200 MW hydro-powered mining…
Bitcoin mining reached significant milestones in 2024, according to the latest industry update from H.C. Wainwright analysts Mike Colonnese and Dylan Scales. Bitcoin (BTC) surged 121% year-over-year, closing the year at $93,390 and outpacing all other asset classes. Key drivers…
Gryphon Digital Mining received a 850-acre industrial site powered by natural gas in Southern Alberta, Canada from a signed agreement with Captus Energy for $18.7 million. According to Gryphon Digital’s press release, the Bitcoin (BTC) mining firm plans to use…