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3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
As tensions escalated between the U. S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. дальше »
2020-2-13 23:10 | |
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Following BTC hashrate, Bitcoin’s energy consumption is on the rise
Despite the efficiency improvements that BTC mining hardware has experienced over the years, Bitcoin’s electricity consumption is on the rise, according to a recent report. Bitcoin’s energy consumption ‘is on par with Czech Republic’ Bitcoin miners are usually described as the backbone of the Bitcoin network. дальше »
2020-2-6 21:00 | |
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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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These Factors May Push Bitcoin Halving Forward by Weeks
In the cryptocurrency industry at least, it’s pretty widely understood that the Bitcoin halving is due to take place in May 2020. However, that might not actually be the case. Surging hash rate and recent mining difficulty adjustments mean that miners will solve remaining blocks quicker than expected. дальше »
2020-1-31 01:00 | |
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Iran Issues 1,000 Crypto Mining Licenses
According to recent reports from Iran, the country’s government is reportedly making a move that will benefit crypto miners by granting them over 1,000 mining licenses. New development in Iran favors the crypto mining industry Governments around the world are making significant progress with regulating the crypto industry, especially with regards to overseeing crypto mining operations. дальше »
2020-1-27 15:55 | |
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2019’s Bitcoin Miners Are 5x Faster Than Predecessors
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors. дальше »
2019-12-14 00:55 | |
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Bitcoin Hash Rate Defies Miner Capitulation Prophecy
Despite all the noise about an impending Bitcoin miner capitulation, the network hash rate seems to be on a steady path. Even the benchmark cryptocurrency’s sluggish performance in recent weeks hasn’t deterred the vast majority of miners from sticking to their gameplans. дальше »
2019-12-9 17:26 | |
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Prices of Bitcoin Miners in China Have More Than Doubled
The bitcoin mining frenzy is on and miner rigs are once again in high demand following the recent market escalation. It saw the industry emerge from a five-month crypto winter.… The post Prices of Bitcoin Miners in China Have More Than Doubled appeared first on CoinCentral. дальше »
2019-8-7 23:14 | |
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Iran seizes 1,000 Bitcoin miners, says mining with state electricity is a no-no
Authorities in Iran have seized around 1,000 Bitcoin mining machines from two abandoned factories, according to Reuters. The report hasn’t stated what cryptocurrency was being mined, or for how long the farm had been operating. дальше »
2019-6-28 11:41 | |
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Bitcoin Mining Emissions Are Reaching New Highs Per MIT and University of Munich Report
Bitcoin (BTC) is the most popular virtual currency in the world, but there are some critics that complain that it is contributing to climate change. In order for Bitcoin to operate it needs miners to confirm transactions with ASIC hardware. дальше »
2019-6-15 18:56 | |
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Wasted Naysayers Continue to Flog Wasteful Energy-Consuming Bitcoin
By CCN Markets: Here we go again. Yet another article has surfaced taking potshots at the perceived threat of Bitcoin’s energy consumption. A recent article out of MIT Technology Review claims that: Mining Bitcoin is a hugely wasteful process. дальше »
2019-6-14 14:55 | |
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Bitcoin [BTC], cryptos mined on open blockchains are illegitimate tools, claims Russia’s State Duma official
Bitcoin has traditionally been mined over open blockchains around the globe. However, according to a recent report, mining over open blockchains will lead to heavy fines being imposed on Russian miners. дальше »
2019-6-10 19:00 | |
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Coinbase Sides With Bitcoin Cash (BCH) Miners on 51% Attack Smack
By CCN: Coinbase researchers have released their own investigative findings into the recent Bitcoin Cash 51% attack controversy, and their conclusions might upset many Bitcoin maximalists. When Bitcoin Cash came under attack during a scheduled hardfork in mid-May, a group of miners colluded to reverse the attacked blocks and return misappropriated funds to their rightful owners. дальше »
2019-5-31 17:20 | |
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China Investigates Illegal Bitcoin Mining Farms at Hydropwer Stations In Sichuan Province
Authorities in China are investigating allegedly illegal Bitcoin (BTC) mining farms that have apparently been built without the required permissions in Sichuan province. This is according to the local media agency Sina in a report on May 30. дальше »
2019-5-31 01:54 | |
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Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining
According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these firms have been running undercover mining operations in […] The post Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining appeared first on Bitcoin News. дальше »
2019-5-30 23:10 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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Miners Exploit Recent Bug to Launch 51% Attack on the Bitcoin Cash Network
Bitcoin Cash recently upgraded its network to integrate the Schnorr Multisig feature. As good as the development was with the advantages of Schnorr, it led to a fault that would have cost Bitcoin Cash more than the advantages of Schnorr. дальше »
2019-5-25 15:20 | |
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Bitcoin Miner Revenue is Approaching Yearly High
Bitcoin price regained and held ground above $8000 May 24 as new data showed miner revenues had reached their highest in 10 months. Mining Reverses 2018 Bear Market Lows Data from Blockchain. com confirmed miners’ income as the latest in a series of Bitcoin metrics to turn seriously bullish in recent weeks, with rewards now topping $17. дальше »
2019-5-24 20:00 | |
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Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs
Over the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter. ’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed participants to secure significant gains and even older mining devices are turning a profit. дальше »
2019-5-16 07:57 | |
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Bitcoin’s Mining Fees Mirror Rocketing Price Surge as Miners Cash in
Bitcoin’s recent gains of around 25 percent in the last week or so has not only been good for traders and hodlers, but also miners who have managed to cash in on a boost in... The post Bitcoin’s Mining Fees Mirror Rocketing Price Surge as Miners Cash in appeared first on Ethereum World News. дальше »
2019-5-13 12:48 | |
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Why Chinese Miners are in a Frenzy over Used Bitcoin Mining Rigs
Chinese crypto miners are in a frenzy over pre-owned bitcoin mining devices following the recent price upsurge that saw the lodestar digital coin’s value rise from sub $4,000 figures to… The post Why Chinese Miners are in a Frenzy over Used Bitcoin Mining Rigs appeared first on CoinCentral. дальше »
2019-5-10 18:59 | |
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Why Moving to Texas Could Give Bitcoin Miners Maximum Profit
Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look at why Bitcoin mining would be the perfect solution to capture this energy ‘waste’ and transform it into sound money. дальше »
2019-4-24 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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Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power
Over the last six months, reports of Chinese miners crossing the border to obtain cheap electricity from regions like Vietnam, Cambodia, Thailand, and Iran have abounded. According to a recent interview, Chinese miners have found extremely affordable electric prices ($0. дальше »
2019-4-11 22:58 | |
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Op Ed: Why Bitcoin’s “Toxic” Maximalism Makes Sense
Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past. дальше »
2019-4-5 16:23 | |
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Cisco Report Sees University Campuses as the Second Largest Miners of Cryptocurrency
Cisco, an American multinational technology conglomerate, has announced that their recent research has led them to the conclusion that university grounds are easily the second biggest miners of cryptocurrency. дальше »
2019-3-6 17:38 | |
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Report: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners
Per a recent study by Cisco, college campuses are ranked the second biggest miners of digital currency across industry verticals, as students use “free” electricity
дальше »2019-3-6 01:29 | |
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Bitcoin Hash Rate Update: Miner Margins Shift Back Into Growth Despite Revenues At 19-Month Lows
Bitcoin Hash Rate Stagnates And Miner Revenues Fall Revenues for Bitcoin miners seem to be falling to their lowest intake since August 2017. In a recent report released by Diar, miners that were able to improve their equipment and that secured low electricity prices have seen their margins reduced. Thus, they had to deploy a […] дальше »
2019-3-5 19:27 | |
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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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Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019
Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. дальше »
2019-2-26 22:09 | |
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Bitmain Q3 of 2018 Bitcoin Mining Reports Show $500 Million in Losses During Bear Market
The bear market was not kind to anyone in the crypto industry. Anyone watching the market could easily see that the values of nearly every coin dropped, but the lack of progress in the cryptocurrencies’ values also made it difficult for miners to earn their rewards as well. In a recent report from Bitmain, the […] дальше »
2019-2-19 11:04 | |
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Bitcoin Network’s Block Size Averages Record Biggest Ever, But Jury is Out on Being Spam or Real Payments
According to a recent report from various news outlets is that miners on the Bitcoin blockchain are mining some of the biggest blocks on record. More specifically, it was reported that, on February 12th this year, there was an average block size of 1. дальше »
2019-2-15 23:10 | |
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Jameson Lopp Compares Bitcoin to a New Form of Life, Relates BTC to the Human Body
In a recent Tweet, Jameson Lopp, the Chief Technology Officer (CTO) at Casa, made a comparison between Bitcoin with a new form of life. If Bitcoin is a new form of life:* Electricity is its food* The Internet is its circulatory system* Miners are its hearts* Blocks are the heartbeats* Full nodes are the white […] дальше »
2019-2-12 22:01 | |
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What’s the Magic Behind the 2020 Bitcoin Halving? How the BTC Value and Volatility
Bitcoin halving has been a major topic of conversation in the industry lately, despite still being 471 days away. The milestone is worrisome amongst miners, who will reduce their overall reward as the limited supply dwindles, but a recent article from NewsBTC indicates that Bitcoin itself will flourish. With the halving, Bitcoin will become less […] дальше »
2019-2-9 04:54 | |
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Altcoins Beware: An Overview of Recent 51% Attacks
The so-called 51% attacks are among the major security threats to digital currencies as they allow enable perpetrators to control the network and all transactions passing through it. What Is a 51% attack? Cryptocurrencies are bolstered by blockchain technologies or distributed ledgers which store information about all transactions ever made in a network. дальше »
2019-2-7 21:00 | |
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New Bloq Labs Software Suite to Launch Called Titan to Increase Crypto Miners Hashrate Power
Bloq Labs has been working on a new software suite for blockchain miners called Titan. In a recent release, the company announced that they had just completed a beta version available to the public. дальше »
2019-1-28 17:23 | |
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Bloq Labs Reveals Software Suite That Aims to Increase Hash Power by Double Digits
The blockchain organization Bloq Labs has introduced a beta version of a new software suite for cryptocurrency miners called Titan. Bloq co-founder Jeff Garzik announced the project at the recent Binance conference in Singapore and claims the protocol can maximize a mining machine’s hashrate by double digits with thoughtful configuration and dynamic adjustment. дальше »
2019-1-27 20:20 | |
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Some ETH Miners Didn’t Follow Through With Developer Advice, Now Mining On An Unofficial Chain
Following the discovery of major security risks in a recent audit on Ethereum’s upcoming Constantinople upgrade, Ethereum developers have… The post Some ETH Miners Didn’t Follow Through With Developer Advice, Now Mining On An Unofficial Chain appeared first on Invest In Blockchain. дальше »
2019-1-19 21:15 | |
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Crypto Miners Top Cybersecurity Threats List; Affecting 27% Of Organizations Worldwide
The Three Largest Cybersecurity Threats Are Related To Crypto Miners According to a recent report released by ZDNet, the three most prevalent threats that spread on internet are related to crypto miners. дальше »
2019-1-15 22:09 | |
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An Overview of the Most Recent and Profitable Crypto Mining Machines in 2019
Cryptocurrency mining has increased with more powerful machines being manufactured despite the 2018 bear market. As it stands, the most recent machines in the market have the ability to facilitate 28-76 trillion hashes in one second. дальше »
2019-1-14 19:28 | |
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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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Hive Criticizes Norwegian Government Amid Concession Cuts to Miners
Hive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. дальше »
2019-1-2 12:35 | |
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Bitcoin Mining Difficulty Adjusts 10% Upwards For the First Time in Months
Bitcoin continues to stabilize its network activity with a return to upward difficulty adjustments after hash rate reversed its decline last month. Bitcoin Continues To Police Itself Data from statistics resources Blockchain and Bitcoin Wisdom confirms that the Bitcoin network’s most recent difficulty adjustment was up, not down, by just over 10 percent. дальше »
2019-1-1 17:00 | |
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How Cryptocurrency Miners Adapt And Adjust To Pull Through The Bitcoin Bear Market
How Cryptocurrency Miners Are Adjusting And Trying To Pull Through The Bear Market The recent state of the market has really been a bad experience for crypto miners and investors. For some time now, many crypto miners have been striving to make little profits in the bear market. Some crypto miners have lost hope and […] дальше »
2018-12-22 21:57 | |
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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada
When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs. дальше »
2018-12-22 21:41 | |
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