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U.S Senator Spots Major Loophole Following China’s Bitcoin Mining Crackdown, But Will The U.S Tap In?

Cynthia Lummis, a US senator representing Wyoming recently took to Twitter to express her opinion on the recent developments with China-based miners, who have relocated. She called the actions of the Chinese government a serious mistake, while also noting that their actions are a huge opportunity for the USA, that is if more people in […] дальше »

2021-7-1 00:05


TeraWulf Signs Purchase Order for 30,000 Bitmain Antminer S19j Pro Bitcoin Mining Machines

Bitcoin mining firm TeraWulf has signed a purchase order of 30,000 mining machines from the largest Bitcoin machine producer Bitmain. Mining Machines To Be Delivered In 2022 The mining machines, called the Antminer S19j Pro, will be delivered from January to June 2022 according to the announcement released by Bitmain. дальше »

2021-6-30 19:06


Burstcoin was the real green alternative until Chia Network raised $69.7M on a concept of Proof of Capacity

The two biggest consensus mechanisms known in the crypto universe are Proof-of-Work and Proof-of-Stake, created by Satoshi Nakamoto and Sunny King(PeerCoin), respectively. Since creating these mechanisms to support the underlying technology of blockchain, there have been many other alternatives to reduce energy consumption and introduce a new method of mining using hard disks called Proof-of-Capacity, […] The post Burstcoin was the real green alternative until Chia Network raised $69. дальше »

2021-5-27 15:00


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Market Bloodbath Continues as Chinese Government Mulls Banning Bitcoin Mining Activities

The Chinese government has doubled down on its anti-cryptocurrency regulations. Recent reports reveal that government officials called for a crackdown on bitcoin trading and mining activities. Another China FUD? In a meeting held on Friday (May 21, 2021), the Financial Stability and Development Committee of the State Council, headed by Liu He, vice Premier ofRead More дальше »

2021-5-22 01:00


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New Cryptocurrency Kills Your Hard Drive to Mine New Coins

The race is on to become the next mainstream cryptocurrency that doesn’t contribute millions of tons of carbon dioxide emissions due to unsustainable mining practices. Now, a new cryptocurrency called Chia, founded by BitTorrent creator Bram Cohen, is promising to make mining cryptocurrencies at home a whole lot easier (again). дальше »

2021-6-8 21:14


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Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%

On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations, and will add over an exahash of hashrate to Mawson’s mining facilities. Canaan […] дальше »

2021-4-22 17:30


UK Newspaper Takes a Stab at Bitcoin’s Supply, Makes Unfair Claims Ahead of 2020 Mining Halving

UK based newspaper, The Sun, published a piece called “DRY SUPPLY: Bitcoin supply is running out as 85% of ALL coins are now ‘mined’ – and experts say price could soar,” reports News BTC. Turns out that the writer, Henry Pettit made strong claims without backing them up; not to mention the fact that most […] дальше »

2019-8-3 18:01


Chinese Bitcoin Mining Firm Canaan Is Rumored To Have Filed For IPO In The US: IFRAsia Findings

A major Bitcoin (BTC) miner manufacturer from China called Canaan Creative is rumored to have just filed for an Initial Public Offering (IPO) in the United States. According to IFRAsia, some inside sources have claimed that the Chinese company wants to be listed on the U. S. and has the goal of acquiring $200 million […] дальше »

2019-7-31 22:17


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Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament

On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept of Nakamoto Consensus where “miners are the executive power of Bitcoin” and “any needed rules and incentives can be enforced with this consensus mechanism. дальше »

2019-7-2 19:10