2020-1-16 17:55 |
The recent US-Iran tensions have increased the concerns of Chinese miners who operate in the country. Local crypto media reports “some Chinese miners are leaving Iran, while locals are buying. origin »
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Rising electricity prices in China and pressure from local authorities are forcing Chinese miners to look for new locations to place mining capacities. Many choose nearby countries such as Kazakhstan and Uzbekistan.
2020-3-1 02:25 | |
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Chinese miners are confident that crypto currencies provide a strong profit opportunity not only for mining even after Bitcoin suffered one of the most important falls in its history. According to an article published by.
2019-3-2 00:25 | |
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JPMorgan has caused a stir amongst cryptocurrency miners, after last month’s report estimating Bitcoin’s ‘fair value’ at $2400. This assessment derives from the marginal cost of producing Bitcoin, but some disagree with Chinese miners’ production cost estimations.
2019-2-21 16:00 | |
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You may have heard that the blockchain mining industry took a hit last year as the prices dropped and mining started to be unprofitable in some regions. Because of this, there is a migration of miners who want to go to the Sichuan province as the rain season has started. Every year, the Sichuan province, […]
2019-2-15 08:02 | |
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Over the last two months, the hashrate between the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks has increased significantly since hitting a low on December 15, 2018. Numerous reports detail that many Chinese miners who control a large portion of SHA-256 hashrate have been recently setting up shop in Sichuan.
2019-2-14 01:50 | |
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China Might Launch A Centrally-Managed Digital Currency, Multiple Reports Suggest Towards the end of 2017, Chinese miners had accounted for about 75% of the Bitcoin (BTC) network’s hashing power and nearly 95% of global BTC trading volume.
2019-2-1 00:16 | |
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Analysts at JPMorgan Chase & Co. are claiming that Bitcoin is no longer worth the cost to mine it — and only low-cost Chinese miners are in a winning position. The analysts at the American multinational investment bank and financial services company found that the production-weighted cost per bitcoin averaged just above $4,000 worldwide in Q4 2018.
2019-1-28 06:00 | |
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Just in the past two months, Bitmain has fired more than half of its staff, has closed an entire office in Tel Aviv, has shuffled top management, and removed two of its chief operations officers. And today, the Chinese bitcoin mining giant decided that it would close another overseas workplace – this time in Amsterdam.
2019-1-14 15:26 | |
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A report released by CCTV—2, the Chinese owned Financial Channel television station indicates that the bear market may have had a significant toll on local miners than initially anticipated. The state-owned broadcaster has just released a report which seeks to document the effects of the 2018 bear market on the local crypto miners. The report […]
2019-1-4 20:20 | |
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Chinese state television has sought to document the toll taken on South Korean cryptocurrency companies by 2018’s bear market, with Financial Channel (CCTV-2) producing a report detailing the challenges faced by Korean miners.
2019-1-4 07:15 | |
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Many have been wondering which group represents the majority of crypto bears recently as prices keep plummeting. Those that got into crypto within the last year have likely fled the scene with tails between their legs and burnt fingers.
2018-12-7 15:00 | |
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Steven Peikin, co-director of the enforcement division of the U. S. Securities and Exchange Commission (SEC), recently described international cooperation as playing a critical role in facilitating investigations in the initial coin offering (ICO) sector.
2018-12-7 12:10 | |
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The price of bitcoin core (BTC) has dropped considerably over the past few months, significantly affecting individuals and organizations that mine the cryptocurrency. According to recent reports, many miners in China are now short selling bitcoins to hedge against falling digital asset prices.
2018-12-7 04:30 | |
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A Bitmain aligned crypto-news site claims in what appears to be a translation of other local media that Chinese miners have become the biggest crypto short sellers, margin selling bitcoin... The post Chinese Miners Have Become the Biggest Crypto Short Sellers Says Local Media appeared first on Trustnodes.
2018-12-7 21:23 | |
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A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.
2018-11-27 21:38 | |
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It is not only the HODLers who are affected by the recent dip in the price of bitcoin, as a report by International Times, published November 23, 2018, posits that cryptocurrency miners in China are selling their expensive mining rigs at giveaway prices.
2018-11-25 00:00 | |
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Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15.
2018-11-9 18:52 | |
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Two principals at a Chinese school got in hot water after installing ethereum miners at the institution, according to a report.
2018-11-8 16:00 | |
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Chinese cryptocurrency mining giant, Bitmain, has officially released a firmware update that allows Bitcoin miners to activate the Overt AsicBoost upgrade that significantly increases their operational efficiency and decreases their cost-basis.
2018-10-23 09:00 | |
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The once booming electronics market in Shenzhen has turned into a ghost-town for crypto miners according to a local media report. While stores would previously showcase asics with flashy colors,.
2018-10-21 15:11 | |
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Even as President Trump feared China’s bitcoin-prowess, the fact is far from the truth it appears as news breaking from local Chinese mining industry reveals that they are shutting down operations in larger numbers.
2018-10-19 22:05 | |
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Bitmain’s $3 billion initial public offering (IPO), as well as that of other Chinese bitcoin mining equipment manufacturers such as Canaan and Ebang, may be adversely affected by the June categorization of the firm’s Antminer S9 ASICs miners as “electrical machinery apparatus.
2018-10-19 05:00 | |
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The office of the United States Trade Representative has changed the classification of mining hardware to an “electrical machinery apparatus,” from “data processing machines. ” A small administrative decision which at.
2018-10-17 21:24 | |
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Ben Kaiser from one of the most impressive universities in America, Princeton University and Alex Ledger from Florida International University have written a paper together on what China is impacting Bitcoin.
2018-10-12 08:00 | |
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Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation.
2018-10-11 00:29 | |
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A research study published on Oct. 5 claimed growing Chinese influence over the Bitcoin protocol is a “looming threat” to the $114 billion network. The paper alleged that China presents a problem to the security, stability, viability of the pioneer cryptocurrency.
2018-10-10 20:00 | |
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Майнера из Китая уличили в краже электричества, стоимостью в $15 000. Суд приговорил его к тюремному заключению на 3,5 года. Chinese guy sentenced to 3. 5 yrs in prison and pay ~$14. 5K in fines for stealing ~$15K worth of electricity to mine 3.
2018-10-8 18:03 | |
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Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain.
2018-8-21 18:03 | |
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Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community.
2018-7-26 19:33 | |
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During the latest 2018 Stifel Cross Sector Insight Conference previously highlighted by Coinspeaker, Garlinghouse marked a towering influx of Chinese miners that has currently gained control over 50% of the Bitcoin hash-rate.
2018-7-25 00:38 | |
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It became known that local authorities of Chinese mountain region Xinjiang are going to haul illegal mining activities before summer 2018 will come to a close. The post China Bids Farewell to ‘Illegal’ Bitcoin Miners by the End of August appeared first on CoinSpeaker.
2018-7-24 21:58 | |
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China’s Xinjiang Uyghur autonomous region is set to eliminate “illegal” bitcoin mining operations by the end of August, a government agency has confirmed to CoinDesk. “Local utility agencies and companies will be held accountable if they failed to shut down ‘illegal’ bitcoin mining operations,” the EIC writes. He said: “I have two partners (in the region):
2018-7-23 18:21 | |
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China's Xinjiang autonomous region is set to halt "illegal" bitcoin mining operations by the end of August, a government agency has confirmed.
2018-7-23 15:02 | |
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Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.
2018-7-21 23:03 | |
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Bitmain, known for its Application Specific Integrated Circuit [ASIC] miners, has recently proposed developing and implementing a protocol for smart contracts on the Bitcoin Cash [BCH] blockchain. The proposals reportedly emerged from Chinese WeChat groups comprising of developers from the company.
2018-7-18 14:24 | |
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With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan.
2018-7-18 01:30 | |
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Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.
2018-7-14 01:04 | |
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According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short-term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China.
2018-7-6 18:50 | |
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IBM wins a massive Australian blockchain contract, Bitcoin miners flooded in China, India and Iran wage crypto war and Malta vies to be crypto No1
2018-7-6 18:48 | |
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Floods in China’s Sichuan province have caused the overall hash rate of the Bitcoin [BTC] to decline. The Sichuan province is known for being on the premier area for mining in China, accounting for over 70% of China’s mining output.
2018-7-3 17:19 | |
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Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners. Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output.
2018-7-1 19:00 | |
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Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week.
2018-6-29 23:07 | |
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Mining In recent mining news, major mining chip manufacturer Ebang Communications has filed for an Initial Public Offering (IPO) in Hong Kong, a Chinese miner has been arrested for allegedly stealing 150,000 kilowatt-hours (kWh) of electricity in roughly one month, and a report has provided unique insight into the state of mining in the Russian
2018-6-28 13:37 | |
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Mining pools controlled by the largest Chinese ASIC miners producer Bitmain, mined more than 42% of bitcoin blocks last week, and their share in the network hashrate is growing, making a '51% attack' on bitcoin more real.
2018-6-26 22:14 | |
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According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network.
2018-6-15 03:10 | |
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Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. And while Ripple certainly was the hot topic, Mr.
2018-6-13 21:18 | |
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Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency.
2018-6-13 17:11 | |
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Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.
2018-6-11 01:34 | |
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HYPE overcame a major resistance level in the past 24 hours, but has more obstacles ahead. Hyperliquid dominated several on-chain metrics, including growing TVL, fees, and perpetual volume.
WIF pumped 12% on the 29th of January, after the Fed rate decision. Depending on U.S. inflation data, the memecoin could extend its recovery to $2 or slip below $1. The Fed rate decisionThe post dogwifhat: WIF can reclaim $2 only If THIS happens appeared first on AMBCrypto.
DeXe skyrocketed to a multi-year high then plummeted by double digits in a single day. Surging derivatives volume and a critical support zone near $14 can determine DEXE's next move. After wThe post Can traders gain from DEXE’s recent dip? THIS data suggests... appeared first on AMBCrypto.
Ethereum average active addresses surged to 670K. ETH’s recent decline exposed Trump’s WLFI to a $14.9M unrealized loss. Ethereum's [ETH] active addresses have surged 37% and surpassThe post Ethereum’s active addresses jump 37% - Is institutional and DeFi demand fueling the surge? appeared first on AMBCrypto.
X Wallet's Visa partnership enables secure, instant funding and P2P payments for users. Elon Musk’s blockchain plans for federal operations could boost Dogecoin's legitimacy and adoption.
Сообщение Major Shift in Japan’s Banking Sector: All Banks to Adopt XRP Next Week появились сначала на Coinstelegram.
Institutional interest in MOVE has escalated, alongside confidence in the token’s long-term potential. MOVE’s ecosystem is expanding, with 10,737 holders. Institutional interest in MovemThe post MOVE surges 16% after WLF's buy - Can it reach an ATH? appeared first on AMBCrypto.