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Banks May Refuse Deposits from Crypto Firms, Says Israeli Court

An Israeli court has ruled that Union Bank of Israel cannot close the bank account of a crypto mining firm but can refuse certain deposits, as reported on March 17, 2019. Illegal Closure Despite consistent collaborations with various banks around the world, the blockchain industry has continuously faced the challenge of not being able toRead MoreRead More. дальше »

2019-3-19 22:00


Sparkpool Ethereum Mining Pool Shares $300,000 USD Fee With Mistaken ETH User

ETH Mining Pool Sparkpool Splits $300,000 USD Fee With Accidental Sender Something really curious happened at Sparkpool, an Ethereum mining pool, recently. According to the company, they received an email from a user who accidentally sent 2,100 ETH as a transaction fee to the company on February 19 (around $300,000 USD at the time). At […] дальше »

2019-3-12 22:28


Bitcoin Is Resonating With Students Who Are Using “Free” Electricity From Campus To Mine Cryptos

Students Use “Free” Electricity From Campuses To Mine Virtual Currencies Cryptocurrency mining activities have been expanding around the world since Bitcoin (BTC) was launched to the market. Althoguh at the beginning it was possible to mine Bitcoin using CPU and GPU hardware, now it is necessary to have specialized devices known as ASIC. These ASIC […] дальше »

2019-3-6 22:58


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Germany: Six Arrested in Illegal Crypto Mining Operation

German police have arrested six members of a mining ring who were making use of stolen electricity to mine currency since 2017, as reported by Freie Presse, February 6, 2019. Hijacked Power While people around the world enjoy using cryptocurrency, the actual process of mining crypto is quite tedious and more importantly, expensive, particularly inRead MoreRead More. дальше »

2019-2-9 06:00


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After reports of Nicehash controlling around 70% of DASH Nethashrate, the 51% attack is once again a real Threat

Nicehash owns about 70% of DASH mining network according to a Reddit user (Jan 10), and the news is already causing a wave of concerns within the community Investigation It looks like someone currently controls over 51% of DASHs hashrate over Nicehash mining pools; a recent Reddit post accusing Nicehash of being a threat to Proof of Work (PoW) cryptocurrencies. дальше »

2019-1-11 15:22


Crypto VC Suggests Bitcoin Cash and Litecoin Could Be Ruined Thanks To Bitmain Layoffs

Bitmain, the Chinese mining hardware manufacturer who recently applied for listing on the Hong Kong Stock Exchange, has laid off around half of their employees, the company confirmed in a statement: “There has been some adjustment to our staff this year as we continue to build a long-term, sustainable and scalable business. дальше »

2018-12-28 00:05


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Bitcoin Price to $17K in 2020, Says ‘Unorthodox’ Mining Difficulty Prediction

An ‘unorthodox prediction’ of mining difficulty increases puts the bitcoin price somewhere around $17,000 in 2020 — due to the possible power law relationship between the two. Bitcoin price and difficulty ‘power law relationship’ Twitter user @100trillionUSD is back again with another intriguing chart — this time plotting the relationship between BTC price and expected bitcoin mining difficulty in the coming years. дальше »

2018-12-23 22:00