Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown

Leading Bitcoin mining rig manufacturer Bitmain Technologies Ltd has reportedly stopped the sales of mining rigs following the Chinese crackdown on crypto mining. Influx Of Secondhand Sellers Causes Bitmain To Stop Sales The Beijing mining giant decided to halt sales of machines for spot delivery due to the high rate of secondhand Bitcoin miners selling […] The post Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown first appeared on BitcoinExchangeGuide. дальше »

2021-6-24 18:12

China’s Ban On Mining Is Changing Crypto’s Landscape

China announced last week that financial institutions in the country would no longer be able to sell Bitcoin services, and that mining would be prohibited. Many in the Bitcoin community, including this paper, reacted with skepticism to the news, noting that China has previously “banned” its companies from using Bitcoin with little effect, and that […] дальше »

2021-5-25 02:20

Nicehash vs Minergate: Cloud Mining Duel [2021]

Overall interest in mining Bitcoin and similar cryptocurrencies has taken a bit of a hit as of late, due to miner profitability falling through the floor along with the Bitcoin price. One area that seems to be most affected is cloud mining; profit margins here are lower by default (due to third party fees involved) […] The post Nicehash vs Minergate: Cloud Mining Duel [2021] appeared first on CaptainAltcoin. дальше »

2021-4-20 15:40

BTC Miners Are Now Accumulating, not Selling

Miners Stop Supplying According to data from cryptocurrency analytics firm Glassnode, Bitcoin (BTC)miners stopped selling their mining rewards overall last week, in favor of accumulation. The Miner Net Position Change (MNP) data show the difference between miner rewards and miner sales turned positive for the first time since Dec 27. дальше »

2021-2-28 22:10

How Long Does It Take to Mine One Bitcoin in 2021?

The use of bitcoin as a store of value has grown tremendously. Bitcoin’s attraction has revived a much more positive reception of blockchain networks and cryptocurrencies in general. The Bitcoin network and mining Amid the 2008 Wall Street financial crisis, an anonymous author and developer, Satoshi Nakamoto, published a whitepaper proposing a decentralized currency model … Continued The post How Long Does It Take to Mine One Bitcoin in 2021? appeared first on BeInCrypto. дальше »

2021-2-26 21:51