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Bitcoin Hash Rate Declines to August Levels as Some BTC Miners Consider Shutting Down
The current state of the cryptocurrency markets can be compared to the free-fall experienced due to gravity when someone jumps out of a plane before deploying a parachute. Ever since the 14th of November this year, the value of BTC has fallen from levels around $6,300 to current levels of $4,500. дальше »
2018-11-20 16:13 | |
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Bitcoin Hash Rate Sees 10% Decline, BCH Fork Drama Might be Biggest Reason
In a report from The Block, miners seem to be suffering with the latest changes to the Bitcoin hash rate. The media news site has said that this is the “steepest decline in two years.” Though the hash rate managed to reach its highest numbers in October on the 4th, the rate has since dropped […] дальше »
2018-11-19 21:57 | |
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Cryptocurrency Miners May Have to Pay More for Electricity in Chelan County
There is little doubt that cryptocurrency mining is extremely power intensive, with particular emphasis on coins that still rely on the Proof-of-Work (PoW) consensus mechanism. Recognizing this, Washington State’s Chelan County Public Utility District (PUD) has proposed a rate hike for mining enterprises within the region. дальше »
2018-11-18 17:00 | |
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Bitcoin Cash Miners Exchange Heat While Asian Traders are Buying BCH
CoinSpeaker Bitcoin Cash Miners Exchange Heat While Asian Traders are Buying BCH There is a huge competition between the opposite mining pool camps for the hash rate occupancy to gain dominance over the network. дальше »
2018-11-14 15:58 | |
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Bitmain’s New 7nm Chip Miners Are Available for Purchase Today
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. дальше »
2018-11-9 18:52 | |
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Have Ethereum Miners Been Losing Money Since August?
Ethereum miners may not be having a good time. Though the price of the Ether coin has stabilized at around $200 and it continues to be the second largest cryptocurrency in the world by market cap, miners may not be winners in this case. дальше »
2018-10-29 21:29 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Demand For Bitcoin Mining Chips Reportedly Declining as Taiwan’s Chipmaker Slashes Growth Target
The world’s largest chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) has cut its growth target to 6. 5% following a reducing demand for chips by Bitcoin miners. The company had earlier predicted a growth rate range of 7%-9% in the fourth quarter of the year, an expectation which seems to be unattainable. дальше »
2018-10-21 11:00 | |
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Class Action Suits Launched Against Cryptocurrency Mining Investment Company
The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. дальше »
2018-10-18 20:05 | |
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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
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. дальше »
2018-10-11 00:29 | |
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Bitcoin miners hit $4.7B in revenue this year, but its becoming unprofitable
Bitcoin miners have raised over $4. 7 billion in revenue so far this year, but rising electricity prices have rendered cryptocurrency mining almost completely unprofitable, even for the world’s biggest pools. дальше »
2018-10-9 15:33 | |
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Mining empty blocks is spiking on Ethereum – that could be a problem
Mining crypto is all about the money so why would miners leave transaction fee rewards on the table? The number of mined empty blocks has been increasing on the Ethereum blockchain at a steep rate – a 637% increase since September. дальше »
2018-10-8 22:34 | |
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Battle of the Privacycoins: What We Know About Grin and Beam’s Mimblewimble
Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-10-2 17:27 | |
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Study Reveals Growing Sophistication in Malicious Mining of Cryptocurrency
Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time. дальше »
2018-9-25 23:59 | |
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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. дальше »
2018-9-15 01:22 | |
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DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople
Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer. дальше »
2018-9-11 18:15 | |
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Washington Mining Enclave to Be Hit with Increased Power Costs
Low energy prices from the local hydroelectric plant attracted many cryptocurrency miners to Grant County, Washington. But it seems like the gravy train may soon hit the buffers as authorities announced a series of price hikes. дальше »
2018-9-7 00:00 | |
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Self-Proclaimed Bitcoin Creator “Faketoshi” Wright Ridiculed on Twitter [Again]
Craig Wright, the Australian computer scientist and self-proclaimed creator of Bitcoin, has once again found himself at the receiving end of a controversy of his own making. It all started with Wright lashing out at Bitcoin miners who are unable to mine even 32MB blocks. дальше »
2018-9-6 14:29 | |
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50 Percent Energy Rate Hike for Crypto Miners Approved in Central Washington State
The commissioners of a public utility district in central Washington State have unanimously approved a rate hike for cryptocurrency miners. The utility serves over 46,000 customers throughout the county. дальше »
2018-9-2 16:55 | |
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Crypto Miners to See Bitcoin Mining Energy Rate Spike by Chelan County’s PUD
Crypto Miners Complain As Chelan County’s PUD Plans on Increasing The Bitcoin Mining Energy Rate Recently, a group of crypto miners located in Washington held a round of meetings with local electricity providers where they discussed the planned increment in power rates. дальше »
2018-8-23 21:35 | |
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Chelan County PUD Looking to Increase Energy Rate for Bitcoin Mining by 7 Cents Per KWH
On August 20, 2018, cryptocurrency miners in the Washington state held another round of public comment with the electricity providers to discuss the proposed power rate increment. However, nothing good came out of the meeting as the Public Utility District (PUD) officials have postponed the hearing. дальше »
2018-8-23 22:00 | |
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Spilling energy demands are another US Run the Order of the Trapieror Moratorium Crypto Mining Forms
It is well known that crypto mining is energy-consuming process. Some of the U. S. states have taken measures against crypto miners as well. Recently, New York state created a new electricity rate scheme for cryptocurrency miners, who now pay more than average consumers. дальше »
2018-7-31 19:13 | |
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Growing Bitcoin Miner Enthusiasm, Hash Rate, Indicates Bullish Crypto Market Breakout
Are We Close To A Bullish Cryptocurrency Mining Market? At the end of 2017, cryptocurrency mining activities were at their peak. The famous virtual currency was traded around $20,000 dollars and miners were enjoying important returns after selling their coins in the market. дальше »
2018-7-31 09:29 | |
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Google Play Store Bans Crypto Mining Apps
With crypto miners making up a large portion of total cyberattacks, the rate of cryptocurrency hacking is taking rise. In a policy update released July 26, 2018, Google banned crypto mining applications from its Play Store. дальше »
2018-7-29 03:00 | |
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Governance, Part 2: Plutocracy Is Still Bad
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. дальше »
2018-7-21 23:03 | |
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Taiwanese Microchips Producer TSMC Says Weak Crypto Mining Demand Cuts Revenue Forecast
TSMC Cuts Revenue Forecast Due to Weak Demand For Crypto Miners Taiwan’s microchip producing giant TSMC recently decreased its annual revenue and capital expenditure estimates after growth rate reduction in the smartphone and crypto mining industries. дальше »
2018-7-20 21:04 | |
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Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners
New developments in New York is likely to make its Upstate cities a more conducive home for cryptocurrency mining. Due to the abundance in power supply, the state’s regulator has opened the doors of New York”s upstate as it approves a decent payment rate for miners who consume massive amounts of electrical power to carry […] The post Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners appeared first on ZyCrypto. дальше »
2018-7-13 23:17 | |
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A new set of Electricity rate for Crypto miners created by New York State
A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. State regulators in New York allowed a municipal utility provider to implement a new set of electricity rates for cryptocurrency miners. дальше »
2018-7-13 18:24 | |
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New York State Creates a New Set of Electricity Rates for Crypto Miners
A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. Now miners will pay more than average consumers. The post New York State Creates a New Set of Electricity Rates for Crypto Miners appeared first on CoinSpeaker. дальше »
2018-7-13 15:51 | |
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Big Apple Authorities Providing Some Reprieve To Cryptocurrency Miners
New York City State is providing some reprieve to cryptocurrency miners after its regulatory authorities authorized a brand-new electricity rate for an upstate utility that lets mining ventures work out deals there. дальше »
2018-7-13 14:00 | |
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Crypto miners get updated power rate structure approved by NY state officials.
New York state regulators have approved a new electricity rate scheme for cryptocurrency miners that will allow them to negotiate contracts, Bloomberg reported July 12. According to Bloomberg, several months ago the state of New York gave permission to 36 municipal power authorities to charge crypto miners more than other consumers. The Massena municipal utility дальше »
2018-7-13 06:31 | |
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Weather Disruptions Threaten Crypto Miners’ Profits
Crypto mining activities have often been called out because of their effects on the environment. However, in recent times, the environment has hit back at crypto mining facilities. Recent floods in Sichuan in China and heat waves in some regions of Europe made the global hash rate drop briefly, reports Financial Times. дальше »
2018-7-10 16:34 | |
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Ethereum’s Uncle Rate Falls Nearly 50%, Could Miners Now Increase the Limit?
The rate of ethereum’s uncle blocks has fallen from an all time high of 2,100 a day to currently around 1,200 despite the network recently being congested and apparently operating... The post Ethereum’s Uncle Rate Falls Nearly 50%, Could Miners Now Increase the Limit? appeared first on Trustnodes. дальше »
2018-7-8 14:43 | |
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Ethereum [ETH] Network congestion – Is FCoin accountable?
An unprecedented increase in the cost of transactions for Ethereum has been observed in the past few days. According to Etherscan, this is the result of abnormal amounts of fees being collected by miners in comparison to what is normally collected. дальше »
2018-7-6 05:34 | |
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Syscoin: Chain “Fully Operational as per Design” After “Irregular” Trade Activity
On July 3, 2018, Binance suspended all trading and withdrawal services due to "irregular" Syscoin (SYS) trades carried out "from a number of API users. " The exchange has since resumed all activities, according to a blog post. дальше »
2018-7-5 20:11 | |
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Bitcoin [BTC] miners take a hit after Chinese floods in Sichuan
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. дальше »
2018-7-3 17:19 | |
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Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t
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. дальше »
2018-6-29 23:07 | |
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Quebec electricity price hike: Crypto miners must pay up to 3 times the current rate
Japan Confirms Entrance Into the Crypto Space Price Hike for Crypto Miners Quebec, a province in eastern Canada, offers one of the lowest power rates in North America. Quebec has been trying to attract crypto miners with its inexpensive electricity and cold winters, as news. дальше »
2018-6-23 07:32 | |
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Quebec Hikes Electricity Price: Crypto Miners to Pay up to 3 Times Current Rate
The Canadian province of Quebec has reportedly decided to charge cryptocurrency miners up to roughly three times the current price after they flooded utility Hydro-Quebec with requests for mining operations. дальше »
2018-6-23 05:40 | |
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Quebec crypto miners will now be needed to bid for electricity under the newly laid down rules.
The new regime seeks to allocate up to 500 megawatts, in addition to 120 megawatts of already existing initiatives. The starting rate is reportedly 1 Canadian cent ($0. 0075) per kilowatt hour, which is 20 percent above the industry standard price. дальше »
2018-6-22 07:06 | |
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