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Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving

About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus paid to miners for solving mathematical puzzles that underpin the […] The post Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving appeared first on Bitcoin News. дальше »

2020-5-12 01:27


China-Based BTC Miner and Wallet, Bixin, Opens A $66M Crypto Investment ‘Fund Of Funds’

The announcement released on Friday states, Bixin will set aside 6,600 BTC (~66 million dollars) from its proprietary mining capital into the “fund of funds”. The funds will be invested in global quantitative trading funds with a special focus on arbitrage, BTC futures and general technical and trend analysis within the industry. As Bitcoin heads […] дальше »

2020-5-8 15:52


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Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’

Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining stocks, cryptocurrencies, and offshore banking. дальше »

2020-5-7 16:55


Binance mining pool breaks into top-10 as fears over exchange-driven mining linger

Bitcoin's spot price has been restricted to within the $8.5k - $9k range, with the block reward halving less than a week away. The event will finally answer the much-debated question: whether the halvThe post Binance mining pool breaks into top-10 as fears over exchange-driven mining linger appeared first on AMBCrypto. дальше »

2020-5-6 16:00


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Iran: Bitcoin Mining Giant Receives Government License

Iranian authorities have licensed Turkish Bitcoin mining giant, iMiner, to begin operations in the country. iMiner to Operate Bitcoin Mining Facility in Iran According to a report from a local news outlet, Tabnak, in late April 2020, Iran’s Ministry of Industry, Mine and Trade granted a bitcoin mining license to iMiner, which will see theRead MoreRead More. дальше »

2020-5-6 19:07