2019-11-7 15:02 |
From 2020, the Chinese government will no longer view mining as a borderline illegal activity.
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China is set to allow cryptocurrency mining. The nation hosts the four largest mining pools around the world. The Chinese government is making significant steps towards the adoption of blockchain technology.
2019-11-6 13:18 | |
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Mining farms in China should no longer be afraid of government repressions. Chinese authorities excluded mining from the list of undesirable types of economic activity.
2019-11-7 12:30 | |
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The National Development and Reform Commission of China appears to had a change of heart on cryptocurrency mining. In the 2019 version of the Industrial Structure Adjustment Guidance Catalogue, cryptocurrency mining is no longer considered an industry that needs to be eliminated.
2019-11-6 12:14 | |
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China will no longer persecute Bitcoin mining, new official documents show
2019-11-7 11:22 | |
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China makes a U-turn on its plan to ban cryptocurrency mining by removing it from the finalized list of industries that are supposed to be eliminated
2019-11-6 10:02 | |
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An aluminum plant in Russia’s northern Karelia region could soon be hosting one of the largest Bitcoin mining facilities in the country. Of course, the plant is no longer serving its primary purpose after being decommissioned in 2018.
2019-10-31 22:20 | |
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By CCN Markets: One of Africa’s largest insurers, Old Mutual, has announced it will no longer cover crypto mining equipment due to lack of regulation. After researching the industry, the Pan-Africanist financial group discovered a number of reasons that prompted it to make the decision that will not sit well with crypto miners.
2019-6-14 11:31 | |
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Pan-African insurance firm Old Mutual Insure will no longer insure the computer equipment used by crypto mining operations, citing the unregulated nature of the industry and its ties to cybercrime as two major factors.
2019-6-13 18:53 | |
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Iran’s deputy energy minister has said that power bills for crypto mining should be calculated in real electricity prices and no longer subsidized
2019-6-11 14:04 | |
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The mechanism to move away from mining has taken longer than expected, but now Ethereum prepares to adopt staking soon after a spell on the testnet.
2019-5-9 15:31 | |
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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.
2019-5-3 16:02 | |
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At the bottom of the late 2018 crypto bear market, the price of bitcoin dropped below the $4,500 threshold at which most miners are no longer profitable. A number of bitcoin mining operations were forced to turn off their machines creating an existential threat to the bitcoin network.
2019-5-1 22:00 | |
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AhrvoDEEX is a peer-to-peer decentralized equity exchange that enables profitable trading by using multifactor ranking systems and deep learning algorithms that create smart equity scores and price targets to streamline the decision-making process.
2019-3-28 21:33 | |
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Cryptocurrency miners of all sizes have been suffering from the bear market that has heavily depressed prices, causing some to abandon the field as their proceeds were no longer covering expenses.
2019-3-27 01:50 | |
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The crypto winter has claimed yet another firm as Coinhive announced on February 26, 2019, that they would be discontinuing their services from March 8, 2019. Saying Goodbye Perhaps the most apparent after-effect of the crypto crash of 2018 was the near-immediate decline in the mining sector.
2019-3-1 10:00 | |
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In their blog, the Coinhive mining company recently wrote that the project is no longer profitable enough and the team seems unwilling to continue operating
2019-3-27 13:11 | |
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The prolonged crypto bear market has hit a number of high profile companies such as Bitmain and ConsenSys but even the purveyors of the world’s most popular mining malware have felt the squeeze. The notorious Coinhive mining service is shutting down as it is no longer economically viable.
2019-2-28 11:00 | |
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Argo Blockchain plc, a UK-based, global data centre management firm that allows people to mine a vast array of digital currencies via its platform, has announced plans to refocus its business strategy, citing “severe price pressure and volatility” of the crypto markets, reported Investigate on February 15, 2019.
2019-2-18 14:00 | |
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It’s been awhile since we talked about cloud mining, mostly due to the horrendous bear market. Over the past few months more and more people believe that it’s no longer profitable to mine Bitcoin or other cryptocurrencies.
2019-2-16 03:44 | |
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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.
2019-2-13 14:01 | |
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Over the past few months, more and more people believe it is no longer profitable to mining Bitcoin. What if we assure you that you think wrong? And that we have a solution for you? Official partner of CryptoCompare and ADVFN is here.
2019-2-7 00:10 | |
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Over the past few months, more and more people believe it is no longer profitable to mining Bitcoin. What if we assure you that you think wrong? And that we have a solution for you? Official partner of CryptoCompare and ADVFN is here.
2019-2-13 13:44 | |
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According to a new report by Chainalysis, 60 percent of cryptocurrency hacks (over $1 billion) were carried out by just two professional groups. Cryptocurrency Hacks Are a Centralized Affair If you were already disgruntled by claims of market manipulation and centralized mining, you really won’t like this.
2019-1-30 20:00 | |
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CoinSpeaker JPMorgan Claims Bitcoin is No Longer Profitable to Mine According to JP Morgan experts, current mining costs are higher than the price of Bitcoin. That’s why Bitcoin mining is not feasible for the majority of people.
2019-1-28 12:41 | |
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The drop in the price of Bitcoin has rendered a large percentage of mining operations unprofitable, with only low-cost mines in China operating without losses, Bloomberg reported on January 25, 2019.
2019-1-26 20:00 | |
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Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized. Bitcoin isn’t decentralized because of Core and/or miners.
2019-1-21 21:52 | |
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The concept of a bitcoin mining death spiral has been around for many years. The basic idea is a large number of bitcoin miners may stop mining at nearly the same time because their activity is no longer profitable.
2019-1-18 16:45 | |
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The bear market of 2018 has hit crypto mining companies particularly hard as mining on certain types of hardware is no longer profitable. Falling prices and hashrates have dropped difficulty somewhat but not enough to prevent the founders of the world’s largest mining company to step down as it readies to appoint a new boss.
2019-1-10 13:00 | |
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Japanese e-commerce giant DMM. com is reportedly exiting the cryptocurrency mining business due to “deteriorating profitability,” local media reported. This news follows an announcement by another major Japanese company, GMO Internet, that it will no longer manufacture and sell mining machines, citing similar reasons.
2019-1-2 08:05 | |
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GMO Internet says it will no longer develop, manufacture, and sell Bitcoin mining hardware following significant losses incurred in Q4 2018. The Japanese IT company will instead focus on its in-house mining activities following a comprehensive revenue review.
2018-12-26 17:00 | |
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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.
2018-12-26 01:00 | |
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Japanese internet giant GMO Internet Group is quitting the cryptocurrency mining hardware sector, according to a public document. Citing extraordinary loss in Q4 this year, GMO said that it will “no longer develop, manufacture and sell” miners.
2018-12-26 18:00 | |
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Miners Won’t Be Able To Work For Much Longer With Ethereum, According To A Market Analyst Alex Kruger The bearish market has already brought down faith in Bitcoin for many users, and their mining scene isn’t doing too swell either.
2018-12-21 23:00 | |
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The downturn of the crypto market has forced Beijing-based Bitcoin mining giant Bitmain to close its blockchain development center in Israel and lay off all of its employees, Israeli business news outlet Globes reported on December 10, 2018.
2018-12-13 10:45 | |
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Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra'anana, Israel, according to reports from local news outlet Globes.
2018-12-10 20:51 | |
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The CEO of one of the largest cryptocurrency mining firms in North America says miners are being flushed out of the market after Bitcoin’s latest price drop. Bitcoin Mining No Longer Profitable, Miners Exiting En Masse While November has typically been among the most profitable months for Bitcoin investors in the past, this November led.
2018-12-4 00:15 | |
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A significant decline in price has meant that many miners are no longer profitable, and are thus turning off their mining hardware, dropping the network hashrate substantially. Despite the large increase in block times and increasing transactions per day, there have been no detrimental effects to transaction fees or pending transactions.
2018-12-3 14:01 | |
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A significant decline in price has meant that many miners are no longer profitable, and are thus turning off their mining hardware, dropping the network hashrate substantially. Despite the large increase in block times and increasing transactions per day, there have been no detrimental effects to transaction fees or pending transactions.
2018-12-3 14:01 | |
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The mining profitability of Bitcoin and its major “clones” has been a topic of debate for some time now. While it was evident Bitcoin would be the most profitable currency to mine for the longest time, that is not necessarily the case any longer.
2018-11-27 15:12 | |
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Bitcoin miners learned the hard way that Bitcoin mining is still a Wild West after Bitcoin’s price tanked to a new 13-month low last week. According to data from CoinMarketCap, Bitcoin’s price is now below $4,300, a far cry from its peak value of almost $20,000 in December last year.
2018-11-23 16:14 | |
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Crisis Ahead: Norway Ends Power Tax Subsidy For Bitcoin Miners When you hit rock bottom, it can only get worse, or at least is what the Bitcoin miners in Norway must be thinking right now. The Norwegian government has decided that it no longer supports BTC mining and has decided to cut the power subsidy […]
2018-11-23 08:05 | |
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While some of the ongoing rumours can neither be confirmed or denied, it is being reported all over the internet that the recent drop in Bitcoin’s native hashrate has forced a large number of crypto mining rigs within China to be turned off— primarily because this business avenue no longer seems to be profitable. According […]
2018-11-23 03:35 | |
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Back in the days of the Wild West, gold prices would dictate the profitability of prospecting and mining. Around 150 years later not much has changed with regards to the economics of mining, however the commodity is a little different now.
2018-11-22 16:00 | |
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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.
2018-11-21 23:26 | |
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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.
2018-11-21 20:00 | |
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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.
2018-11-21 19:15 | |
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Mining the cryptocurrency ether (ETH) using high-powered computer systems is no longer profitable, stated a CNBC report on November 13, 2018. Individual Mining no Longer Profitable If a recent report by CNBC is to be believed, cryptocurrency’s gold mining days might be a story of the past, as the activity is no longer a profitable one.
2018-11-16 10:00 | |
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GPU-reliant Ethereum miners are making zero profit amid a bear crypto market and falling network hashrates.
2018-11-15 11:42 | |
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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.
2018-11-15 10:29 | |
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