2020-9-3 23:22 |
Bitcoin miners are in no hurry to sell their mined coins, expecting the first cryptocurrency that is currently trading at about $11,000 to grow. Miners' wallets accumulated a record high number of bitcoins. origin »
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In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto mining at the Hashcon 2020 event as well as bolstering a blockchain […] The post Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners appeared first on Bitcoin News.
2020-9-2 11:30 | |
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This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province.
2020-8-5 03:00 | |
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Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase.
2020-5-30 01:10 | |
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Since the block rewards for Bitcoin Cash (BCH) miners were cut in half more than a month ago, the network has awakened to a harsh new reality. A good number of miners on the network pulled the plug on their mining rigs due to the reduced revenue.
2020-5-26 16:45 | |
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It’s been a brutal past two weeks for Bitcoin miners. After the block reward halving that transpired on May 11th, the revenue of BTC miners was effectively cut in half overnight. The number of coins issued per block fell from 12.
2020-5-26 15:00 | |
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CoinCorner, one of the UK’s oldest Bitcoin exchanges, has seen a growing number of people entering the Bitcoin market in the run-up to the halving in May. A halving (sometimes also called “halvening”) is an event where the Bitcoin mining reward is halved, meaning miners receive half the amount of Bitcoins for verifying transactions.
2020-4-16 15:15 | |
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The fifth-largest cryptocurrency by market cap, Bitcoin Cash (BCH) is set to undergo halving today, April 8, 2020, which means that the number of BCH coins created approximately every 10 minutes will fall from the current 12.
2020-4-8 13:00 | |
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The current global economic conditions are not favorable, even for cryptocurrency miners. As per Coin Metrics, a significant number of bitcoin (BTC) miners have capitulated as a result of the excruciatingly low prices.
2020-4-2 12:21 | |
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According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the week of falling prices that followed, bitcoin miners have been struggling.
2020-3-27 20:45 | |
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In case you missed it, the supply of new Bitcoin hitting the market will drop this year. The event, known as the Bitcoin halving, will see the number of Bitcoin rewarded to miners per block fall to just 6.
2020-2-8 01:00 | |
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Bitcoin SV (BSV) went through a hard fork that is intends to bring it closer to the original Bitcoin protocol. Despite the significance of this milestone, a substantial number of miners failed to upgrade splitting the chain in two.
2020-2-5 20:00 | |
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In less than six months’ time, Bitcoin will see an extremely important event. Known as a “halving” or “halvening,” the number of coins issued per block to miners will get cut in half from 12. 5 to 6.
2019-12-22 09:50 | |
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In less than six months’ time, Bitcoin will see an extremely important event. Known as a “halving” or “halvening,” the number of coins issued per block to miners will get cut in half from 12. 5 to 6.
2019-12-21 09:46 | |
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In less than six months’ time, Bitcoin will see an extremely important event. Known as a “halving” or “halvening,” the number of coins issued per block to miners will get cut in half from 12. 5 to 6.
2019-12-20 01:00 | |
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With Bitcoin’s price dropping below $7,000 this week, attention has turned towards Bitcoin miners and their hardware to determine when profitability will be lost. Already, a number of older model miners have lost their profitability, with only a few newer pieces of equipment still in the green.
2019-12-19 22:14 | |
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The Ethereum network will be undergoing a network upgrade, or a hard fork on approximately December 7, 2019, at block number 9,069,000. All node operators and miners are requested to upgrade their node clients to account for variable block times.
2019-11-21 18:00 | |
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The Bitcoin difficulty is a number which regulates the time that it takes for miners to add new transaction blocks to a blockchain. A higher difficulty number suggests that the competition for block rewards is higher, while a lower number suggests the opposite by incentivizing more miners to participate.
2019-11-13 02:48 | |
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Argo Blockchain, increased the number of its crypto mining machines to 7,000, with plans to add additional 10,000 machines in 2020. Argo to Increase Crypto Mining Machines by 10,000 The crypto mining industry saw a surge in interest due to recovering prices in 2019, with many of the miners who previously left the industry making a comeback.
2019-11-11 14:19 | |
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The collective computing power supporting the Bitcoin network has just hit a new all-time high. Evidently, the recent dips in the price of the number one digital asset have not perturbed those in the mining industry.
2019-10-26 11:42 | |
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Bitcoin (BTC) mining industry is a lucrative and profitable industry that is witnessing a swelling growth in the number of companies entering the field. The U.S still lags behind in the industry as Chinese mining firms and chip makers hold 60% of the global BTC mining business – compared to U.S’s 5% capture of the […]
2019-10-16 21:34 | |
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The Bitcoin (BTC) network produced an unusually slow block, taking 119 minutes to discover the block number. The anomaly is happening despite the record activity of miners. Slow Block May Be a Statistical Anomaly The Bitcoin network has a 10-minute block schedule, and so far keeps within the predetermined time, with only small fluctuations.
2019-10-1 15:00 | |
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If you solved a really complicated math problem all by yourself, you’d obviously want credit for it. This is the central idea behind “proof of work,” the consensus mechanism that powers Bitcoin and a number of other assorted cryptocurrencies.
2019-9-25 14:42 | |
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The crypto mining company Argo Blockchain recently installed 1,000 mining machines on its Bitcoin mining facilities. According to reports, these new machines will take the current number of miners up to 6,000.
2019-9-20 21:56 | |
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The hash rate of Bitcoin (BTC) has finally reached a historic new high: 100 quintillion hashes per second (EH/s). This large number was never before reached in the history of the token, which shows that there are now more miners in the market than ever before.
2019-9-17 03:30 | |
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The number of BTC awarded to miners for adding blocks to the Bitcoin blockchain is set to decrease next year. These so-called halving events occur about every four years and are part of the cryptocurrency’s distribution schedule.
2019-9-10 01:00 | |
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Today marks the second anniversary of the User-Activated Hard Fork, which split the Bitcoin community into two competing currencies. While there have been many forks since then, none have been as successful or long-lived as Bitcoin Cash (BCH).
2019-8-2 02:15 | |
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CoinMetrics has released a detailed report about Bitcoin and it’s forks, covering a number of topics from the elimination of OP_RETURN in BSV, to the time taken to rewrite the blocks on a network.
2019-7-31 01:05 | |
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Cryptocurrency prices are back on the rise, and the number of miners is rising with them. In the past couple of months, hashrates have been racing higher, indicating that some large-scale miners may be back in business.
2019-7-23 22:44 | |
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By CCN Markets: One of Africa’s largest insurers, Old Mutual, has announced it will no longer cover crypto mining equipment due to lack of regulation. After researching the industry, the Pan-Africanist financial group discovered a number of reasons that prompted it to make the decision that will not sit well with crypto miners.
2019-6-14 11:31 | |
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On May 15, 2019, Bitcoin Cash (BCH) implemented a system upgrade designed to support a number of scaling solutions. Shortly after the fork, there appeared to be a power struggle between miners looking to recuperate lost BCH, which became spendable after the upgrade.
2019-6-8 06:00 | |
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Binance Research published their “Latest Insights & Analytics for March-May 2019” with one of the sections explaining the hard fork on Monero that happened on March 9th, 2019. Monero (XMR) just completed its latest fork in a series of forks that are expected to starve off the increasing number of ASIC miners on the blockchain. […]
2019-6-5 19:29 | |
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Cannabis is growing the U. S. and Canadian economies as the push for decriminalization moves forward. In fact, as American industries go, its 250,000+ employees far surpassed the 52,300 coal miners in the USA in 2018.
2019-5-27 22:46 | |
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Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network.
2019-5-8 00:53 | |
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Bitcoin Blocks Are Close To Becoming Full Once Again Bitcoin (BTC) blocks seem to be reaching a limit, leading to an increase in the fees that miners take for processing transactions. Since April 2018, the number of transactions in the Bitcoin network has been growing, reaching 452,000 transactions in just a single day a few […]
2019-5-7 21:47 | |
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At the bottom of the late 2018 crypto bear market, the price of bitcoin dropped below the $4,500 threshold at which most miners are no longer profitable. A number of bitcoin mining operations were forced to turn off their machines creating an existential threat to the bitcoin network.
2019-5-1 22:00 | |
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The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.
2019-4-23 19:35 | |
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They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.
2019-4-17 20:52 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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This infographic provides a schematic overview of the main Bitcoin-related “forks” that can happen and shows the most important forks that have happened. It does not provide an overview of all forks that have happened.
2019-4-8 18:08 | |
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Number Of Electroneum Mobile Miners Increases Highly But Price Remains Firm Much like other cryptocurrencies available in the industry, users of Electroneum – a mobile-based cryptocurrency launched in 2017 – are somewhat dispirited with the frequency and nature of their transactions as nothing seems to have changed in recent times. No Significant Change In Price […]
2019-3-4 20:58 | |
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There appears to be a genuine lack of excitement in the cryptocurrency industry as of right now. With none of the main markets effectively making a significant move, there are a lot of uncertain factors to keep an eye on.
2019-3-4 21:25 | |
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Miners among the most popular Proof-of-Work (PoW) networks have earned around $21 billion since each network started, Bitcoin (BTC) accounting for more than half of the earnings. Each block is currently allowing more transactions to be processed thanks to implementations such as Segregated Witness (SegWit).
2019-2-26 18:55 | |
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NiceHash Invites Smaller Crypto Miners To Join Them For Hash Power That Could Defend The Community Against A 51% Attack Last month, a Reddit user pointed out an interesting fact – DASH’s hash rate is over 70% powered by NiceHash.
2019-2-12 00:37 | |
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One problem that concerns many is the centralization of mining within the Bitcoin ecosystem. Fortunately, there are talented developers working to solve this problem and Matt Corallo, full-time Bitcoin developer at Chaincode Labs, is one of them.
2019-1-26 23:50 | |
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Whenever I claim that bitcoin is the only decentralized cryptocurrency, I get one of two arguments:My X coin is also decentralized. Bitcoin isn’t decentralized because of Core and/or miners.
2019-1-21 21:52 | |
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The concept of a bitcoin mining death spiral has been around for many years. The basic idea is a large number of bitcoin miners may stop mining at nearly the same time because their activity is no longer profitable.
2019-1-18 16:45 | |
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A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north.
2019-1-12 08:05 | |
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As part of the new Bitcoin Magazine site, we’ve launched a custom block explorer, using Blockstream’s open-source implementation Esplora. What Is a Block Explorer?Bitcoin runs on a distributed network of computers that participate in securing and maintaining a ledger of transactions called a blockchain.
2019-1-3 06:35 | |
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The Bitcoin hash rate – the number of hashes per second the network is performing – has stabilized undergoing its biggest downward difficulty adjustment in seven years amid lower BTC price.
2018-12-21 01:00 | |
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The Fear and Greed Index has plummeted to 21, marking heightened fear in the market. ETF net flows show a mixed trend, with BTC seeing minor inflows while ETH struggles with continued outflows.
Pi Network’s 82. 8 billion holdings sparked concerns over centralization, transparency, and validator control. Despite reaching a $12. 26 billion market cap, PI faced growing skepticism amid goThe post Pi network not really decentralized? 82.
Despite altcoins seeing significant losses, XRP's dominance has been at its highest level since 2020. XRP has gained by 2.61% over the past day. Over the past year, Ripple's XRP has experienThe post XRP Dominance booms as altcoins bleed - Can it challenge Bitcoin, Ethereum next? appeared first on AMBCrypto.
Ethereum's net taker volume remained deep in the red, signaling sustained sell pressure over the past few months. Despite the selling pressure, the total number of ETH holders continued to incrThe post Ethereum faces heavy sell-off - So how are investors still holding strong? appeared first on AMBCrypto.
The declining crypto trading volume raised concerns about weakening market momentum and trader exhaustion. Sustained recovery requires both rising prices and increasing trading volume for stronThe post Crypto trading volume plunges 63% despite market cap recovery - Rally at risk? appeared first on AMBCrypto.
Global asset manager Franklin Templeton has officially entered the XRP ETF race, filing an S-1 form with the U.S. Securities and Exchange Commission (SEC).
The U. S. Strategic Bitcoin Reserve boosts global government interest in cryptocurrency adoption. Deutsche Bank sees Bitcoin as a “hard reserve asset” with strong diversification potential.