Bitcoin Mining Hash Rate Drops to Lowest in 180 Days

Large scale bans in bitcoin mining in China have seen the mining hash rate hit a three-month low. The post Bitcoin Mining Hash Rate Drops to Lowest in 180 Days appeared first on BeInCrypto. дальше »

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Crypto Market Forecast: Week of June 21st 2021

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin dips as China's Sichuan province clamps down on mining activity, Ethereum gets closer to deploying the London hard fork, and Binance prepares to launch an NFT marketplace. дальше »

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Bitcoin's Mining Difficulty to Record Longest Drawdown Since Major Bear Market Bottom

Thanks to the Chinese authorities, finding and adding new blocks to the Bitcoin blockchain is getting a whole lot easier дальше »

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Bitcoin Mining In China To Usher Historic Moment, Will BTC Be Affected?

Sino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn off their machines. дальше »

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No Bitcoin Block Found in an Hour

The bitcoin network currently is heavily congested with average fees rising as an unknown amount of hashpower is turned off in Sichuan, the world’s bitcoin mining capital. The electricity supply... дальше »

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Lights Go Off in Sichuan Bitcoin Mining Farms

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China also bans miners in hydropower -dominated Sichuan province

Southwestern Chinese province, Sichuan, has embarked on the present crackdown on crypto miners in China. According to the Chinese crypto media outlet, PANews, the province has identified 26 suspected mining projects it wants to screen and possibly shut down by June 20. дальше »

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Bitmain Giant Releases New Dogecoin/Litecoin Mining Machine: Details

Top-tier mining gear producer Bitmain has rolled out a new miner for mining DOGE and Litecoin дальше »

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How China Bitcoin FUD Is Lowering The Cost To Produce BTC

Bitcoin FUD out of China might be helping to lower the cost to produce BTC. The news of the crackdowns on mining farms in China has rocked the market lately. Entire mining operations were shut down and they had to be moved to other sites. дальше »

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China Will Knock Out The U.S. In The Race For Crypto Adoption, Coinbase Co-Founder Asserts

China, which has long dominated other countries in Bitcoin mining power and adoption, but has also recently clamped down hard on bitcoin miners, is now being touted as the country that will likely beat the U. дальше »

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Chinese Officials in Ya’an Carry Out Crypto Mining Bans

Ya’an, a prefecture-level city in the Sichuan province, has become the latest region to experience China’s growing ban on cryptocurrency mining. The post Chinese Officials in Ya’an Carry Out Crypto Mining Bans appeared first on BeInCrypto. дальше »

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Bitcoin Mining Council: We Need To Tackle Negative Media Narratives

The Bitcoin Mining Council has publicized its aim to tackle negative media narratives. In its inaugural meeting which was hosted on Twitter Spaces, the council discussed bad press that has been surrounding Bitcoin and its mining in the past weeks. дальше »

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Ethereum Cloud Mining With Bybit – Is it Worth it?

On May 4, crypto derivative exchange Bybit launched a new service - an Etereum cloud miner. The company says this new Ethereum cloud mining service could be your best shot to mine ETH with minimal investments and earn sizable profits. дальше »

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Chinese Bitcoin Mining Hub Sichuan Shutting Down Over Two Dozen Operators

While good for the decentralization of bitcoin mining, China shutting down bitcoin mining operations is “not healthy” for the cryptocurrency because it lowers the historic price floor for BTC. The post Chinese Bitcoin Mining Hub Sichuan Shutting Down Over Two Dozen Operators first appeared on BitcoinExchangeGuide. дальше »

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Why China’s Crackdown On Bitcoin May Be Just Beginning

Bitcoin mining activities might be coming to an end as the industry is used to knowing them. The Asian giant has decided to step up its regulations on this sector; many miners have decided to migrate to friendlier countries. дальше »

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AscendEX Launches Hummingbot Liquidity Portal

AscendEX, formerly BitMax, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the launch of the Hummingbot Liquidity Mining Portal. AscendEX users will be able to access tools and upside that were previously only available to a small circle of sophisticated market makers. дальше »

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AscendEX Launches Hummingbot Liquidity Portal

AscendEX, formerly BitMax, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the launch of the Hummingbot Liquidity Mining Portal. AscendEX users will be able to access tools and upside that were previously only available to a small circle of sophisticated market makers. дальше »

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Local Reports Indicate Bitcoin Miners In Sichuan Have Been Ordered To Shut Down

Officials in Sichuan, a major bitcoin mining hub in China, have reportedly issued a shutdown order for bitcoin mining operations there. дальше »

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Miami to Offer Clean Nuclear Power to Chinese BTC Miners to Boost Crypto Activity in Region

Coinspeaker Miami to Offer Clean Nuclear Power to Chinese BTC Miners to Boost Crypto Activity in Region The mayor highlighted that how Miami can efficiently generate an adequate clean nuclear supply to power the Bitcoin mining process in the city. дальше »

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Chinese Authorities Order Shutdown Of 26 Bitcoin Mining Farms In Sichuan

Authorities in China have ordered the closure of crypto mining farms in Ya’an, a prefecture city in Sichuan that has emerged as a key crypto mining center. The order comes on the heels of Beijing’s wider clamp down on the bitcoin mining industry. дальше »

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Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows.

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Bitcoin Mining Council Launches, Aims to Correct BTC Misconceptions On Energy Use

The Bitcoin Mining Council (BMC), a coalition of miners and public companies, held its first formal meeting on Wednesday with MicroStrategy CEO Michael Saylor as convener. The Council aims to counter the misinformation about Bitcoin amid a growing debate over the amount of energy used in mining the cryptocurrency. дальше »

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Alibaba Cloud Says It May Stop Servicing Crypto Mining Companies in China

Chinese media sources state that Alibaba Cloud behemoth may stop providing services to crypto companies in China – that would hit Bitcoin miners but not exchanges дальше »

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GHPEX Hash Card: Hash and Earn

Crypto mining was always considered one of the most secure and profitable ways of gaining a source of blockchain-based passive income. Cloud mining made crypto mining easier because hashpower exchanges like Global Hashpower Exchange (GHPEX) gave people the ability to effortlessly purchase hashing power on a dedicated platform. дальше »

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How Utopia (Crypton) Ushers in The Next Era Of Cryptocurrency Mining

In the current cryptocurrency landscape, there are many different ways to generate new assets and secure networks. Furthermore, the traditional mining approach may soon be a thing of the past due to growing energy consumption concerns. дальше »

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Miami mayor offers city's clean nuclear power to Chinese Bitcoin miners

Mayor Francis Suarez wants to make Miami a Bitcoin mining hub by offering the city’s cheap, clean nuclear energy supply.

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Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week

The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity. дальше »

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Power Generation Companies in Sichuan, China, Ordered to Stop Servicing Bitcoin Miners

Crypto journalist Colin Wu reports that the Chinese province of Sichuan has banned Bitcoin mining today after all дальше »

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Bitcoin Mining Firm Bitfarms To Be Traded On Nasdaq

Toronto-based Bitcoin mining firm Bitfarms expects to begin trading under “BITF” on the Nasdaq stock market on June 21. дальше »

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Kyber Network To Launch On Polygon With $30 Million Liquidity Mining Program

Decentralized finance liquidity hub Kyber Network would expand to Ethereum layer 2 scaling solution Polygon network later this month. The Kyber community is said to have voted in favor of the move according to the Kyber Improvement Proposal for the expansion. дальше »

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Canaan Sells 10,000 Bitcoin Miners To Genesis Digital Assets

Bitcoin mining firm Genesis Digital Assets has purchased an additional 10,000 Bitcoin miners from the ASIC machine manufacturer Canaan. By the end of the month, Canaan plans to complete the order of 10,000 A1246 and A1166 Pro Avalonminers. дальше »

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Bitcoin (BTC) miners in China plot plans to ‘go green’

Some of China’s storied Bitcoin miners are planning to use more renewable energy sources to power their expansive mining rigs, local outlet CGTN said today. The post Bitcoin (BTC) miners in China plot plans to ‘go green’ appeared first on CryptoSlate. дальше »

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Kraken CEO Explains Why Elon Musk Should Learn More About Bitcoin Mining

Powell believes Musk needs to delve into the topic дальше »

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World Bank cites this as a Bitcoin issue for not helping El Salvador

The World Bank has rejected El Salvador's request to implement Bitcoin as legal tender. This decision was taken in light of the negative environmental effects of Bitcoin mining and transparency drawbaThe post World Bank cites this as a Bitcoin issue for not helping El Salvador appeared first on AMBCrypto. дальше »

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Майнинговая компания Hut 8 вышла на Nasdaq

Канадская майнинговая компания Hut 8 Mining Corp. вышла на фондовую биржу Nasdaq. Теперь ее акции торгуются на платформе под тикером HUT. дальше »

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Genesis Digital Assets Purchases 10,000 Bitcoin Miners from Canaan

The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and A1166 Pro Avalonminers by the end of the month. дальше »

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Bitcoin fails to break $41,000 even as ‘green’ crypto mining gains traction. What’s next?

Bitcoin price crossed the $40,000 region for the first time in the last two weeks as Tesla CEO Elon Musk joined the chorus for green alternatives for crypto mining. The post Bitcoin fails to break $41,000 even as ‘green’ crypto mining gains traction. What’s next? appeared first on CryptoSlate. дальше »

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Chinese Mining Facilities Face Shutdown as Texas Continues to Impress

All mining facilities in Xinjiang, Inner Mongolia, and Qinghai provinces have been shut down. China has long accommodated over half the world’s bitcoin miners, but now, Beijing wants them out ASAP. дальше »

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Clean Bitcoin Mining Solutions Grow Thanks To Ongoing China Crackdown

China’s crackdown on Bitcoin mining has led to an increase in clean bitcoin mining operations. Even though trading of cryptocurrencies has been banned in China since 2017, the country still leads the world in crypto mining rigs. дальше »

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Estonian IT company inks $26M crypto mining deal with Bitmain

Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity.

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Genesis Digital Assets Buys 10,000 Bitcoin Mining Rigs From Canaan

Bitcoin mining firm Genesis Digital Assets has bought 10,000 bitcoin mining rigs from Canaan, advancing a partnership that started in April. дальше »

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Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program

The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools.

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Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining

Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices from the grid and fined an operator. дальше »

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Hut 8 вышла на Nasdaq и анонсировала запуск добычи Ethereum

Канадская майнинговая компания Hut 8 Mining Corp. вышла на фондовую биржу Nasdaq. Теперь ее акции торгуются на платформе под тикером HUT. It's a sweet day to be listing on the @Nasdaq 👉 Ticker: HUT @JaimeLeverton @Hut8Mining #btc #eth #ESG 🚀🚀🚀 pic. дальше »

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Bitcoin's Green Energy Usage Now Exceeds 50 Percent. Will Tesla Resume Payments?

One of the most influential Chinese miners claims that Bitcoin mining is already predominantly green дальше »

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These U.S. States Want Your Bitcoin Mining Business

Several U.S. states, including Texas, Wyoming and Illinois, are actively vying to attract bitcoin mining businesses. дальше »

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Bitcoin Mining Difficulty Falls to January Level Making it Easier to Mine BTC

The latest negative adjustment came after the hash rate dropped, yet again, due to China banning crypto mining operations in Xinjiang, Yunnan, and Qinghai last week. The post Bitcoin Mining Difficulty Falls to January Level Making it Easier to Mine BTC first appeared on BitcoinExchangeGuide. дальше »

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Bitcoin Emits Less Than 2% Of The World’s Military-Industrial Complex Carbon Emissions

Published research shows Bitcoin mining produces a mere fraction of the carbon emissions coming from the world’s military-industrial complex. дальше »

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Bitcoin On-Chain Analysis: Mining Indicators Suggest BTC Close to a Bottom

BeInCrypto looks at on-chain BTC data as it relates to miners. The difficulty ribbon compression, the hash ribbon, and the Puell multiple are analyzed.  The post Bitcoin On-Chain Analysis: Mining Indicators Suggest BTC Close to a Bottom appeared first on BeInCrypto. дальше »

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Elon Musk Wants “50% Clean Energy Bitcoin Mining,” How Do We Determine That?

On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions. дальше »

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