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Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
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. дальше »
2020-9-2 11:30 | |
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Research: number of bitcoins in wallets of miners reaches two-year high
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. дальше »
2020-9-3 23:22 | |
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Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’
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. дальше »
2020-8-5 03:00 | |
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Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
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. дальше »
2020-5-30 01:10 | |
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Post-Halving Reality: Bitcoin Cash Network ‘Not Looking Healthy’ As On-Chain Metrics Continue Slumping
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. дальше »
2020-5-26 16:45 | |
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If Bitcoin Follows the 2012 and 2016 Halvings, Price Will Go “Almost Vertical”
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. дальше »
2020-5-26 15:00 | |
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CoinCorner CEO: Interest in bitcoin grows as halving approaches
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. дальше »
2020-4-16 15:15 | |
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Bitcoin Cash (BCH) Poised to Undergo First Halving; Miners Hold Tight
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. дальше »
2020-4-8 13:00 | |
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Upcoming Bitcoin SV And Bitcoin Cash Halvings Will Spark Mass Miners Exodus To The BTC Network
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. дальше »
2020-4-2 12:21 | |
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Bitcoin Miners Are Selling Coins Faster Than They Can Generate Them
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. дальше »
2020-3-27 20:45 | |
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Research Firm: BTC Fundamentals Strengthening Ahead of Bitcoin Halving
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. дальше »
2020-2-8 01:00 | |
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Bitcoin SV splits in two as miners fail to upgrade for the recent hardfork
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. дальше »
2020-2-5 20:00 | |
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Why This Investor Thinks There’s No Way the Bitcoin Halving Is Priced In
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. дальше »
2019-12-22 09:50 | |
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Halving Priced In or Not, Bitcoin’s Trajectory Bullish for 2020: Exec
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. дальше »
2019-12-21 09:46 | |
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Why Bitcoin’s 2020 Halving Will Catalyze “FOMO” and “Large Bull Run”
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. дальше »
2019-12-20 01:00 | |
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Bitcoin’s Price Drop Threatens Mining Hardware Break-Even Prices
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. дальше »
2019-12-19 22:14 | |
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As ETH 2.0 Edges Closer, Ethereum Prepares for Istanbul Hard Fork
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. дальше »
2019-11-21 18:00 | |
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Bitcoin Difficulty Adjustment Suggests New All-Time High Inbound
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. дальше »
2019-11-13 02:48 | |
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Argo Blockchain Now Employs 7,000 Crypto Mining Machines
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. дальше »
2019-11-11 14:19 | |
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Bitcoin Hashrate Flying High, Miners Continue to Bet on Bitcoin
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. дальше »
2019-10-26 11:42 | |
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Layer1 Raises $50M From Investors Like PayPal’s Co-Founder, To Build Wind Powered Bitcoin Miners
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 […] дальше »
2019-10-16 21:34 | |
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Bitcoin Network Experiences Slowest Block in 5 Years
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. дальше »
2019-10-1 15:00 | |
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What is Proof of Work?
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. дальше »
2019-9-25 14:42 | |
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Argo Blockchain Mining Company Plugs In 1,000 New Mining Rigs, Bringing Total to 6,000 Units
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. дальше »
2019-9-20 21:56 | |
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Bitcoin ‘s Blockchain Stronger Than Ever, to See Historic Milestone Of 100 EH/s as 500,000 ASICs Go Live
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. дальше »
2019-9-17 03:30 | |
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Looking Towards the Bitcoin Halving: Will BTC Price Pump in 2020?
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. дальше »
2019-9-10 01:00 | |
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Two Years Later, Is Bitcoin Cash Living Up To Its Promises?
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). дальше »
2019-8-2 02:15 | |
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Bitcoin Forks: Cheap Fees and High Throughput May Centralize Networks and Disincentivize Miners
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. дальше »
2019-7-31 01:05 | |
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Ready To Start Mining? Here’s What You Need To Know
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. дальше »
2019-7-23 22:44 | |
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Major African Insurer Refuses to Cover ‘Risky’ Crypto Mining Equipment
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. дальше »
2019-6-14 11:31 | |
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The Bitcoin Cash fiasco: a reorg or a 51 percent attack?
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. дальше »
2019-6-8 06:00 | |
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Binance Releases Report on the Latest Monero Hard Fork on ASIC Resistance Improvements
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. […] дальше »
2019-6-5 19:29 | |
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The Growing Use Cases of Blockchain in Cannabis
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. дальше »
2019-5-27 22:46 | |
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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report
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. дальше »
2019-5-8 00:53 | |
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Bitcoin Blocks Are Close To Becoming Full Once Again Per Latest Industry Research Report
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 […] дальше »
2019-5-7 21:47 | |
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Bitcoin mining - back in (the) black
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. дальше »
2019-5-1 22:00 | |
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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners
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. дальше »
2019-4-17 20:52 | |
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power
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. дальше »
2019-4-11 23:38 | |
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Infographic: A Map of Bitcoin Forks
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. дальше »
2019-4-8 18:08 | |
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Looking Into The Electroneum Price (ETN Token) After Recent Mobile Mining News
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 […] дальше »
2019-3-4 20:58 | |
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Electroneum Price Remains Stable as Number of Mobile Miners Increases Sharply
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. дальше »
2019-3-4 21:25 | |
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Cryptocurrency Miners Exceeded $100 Million In Revenue Mining Empty Bitcoin Blocks
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). дальше »
2019-2-26 18:55 | |
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NiceHash Invites Smaller Crypto Miners To Join Them For Hash Power In Dash Debate Against A 51% Attack
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. дальше »
2019-2-12 00:37 | |
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BetterHash Protocol Lets Pool Miners Regain Control Over Their Hash Power
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. дальше »
2019-1-26 23:50 | |
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The Bitcoin Cash Mining Death Spiral Scenario
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. дальше »
2019-1-18 16:45 | |
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Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit
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. дальше »
2019-1-12 08:05 | |
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Bitcoin Magazine Launches Custom Block Explorer
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. дальше »
2019-1-3 06:35 | |
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Bitcoin Hash Rate Stabilizes After Mining Difficulty Adjusts to Lower Price
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. дальше »
2018-12-21 01:00 | |
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