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Bitmain Lost $328 Million Buying Bitcoin Cash, According to BitMex Research

Bitmain made a bad bet on Bitcoin Cash but could still become “one of the great companies” in the cryptocurrency world, researchers from BitMEX reveal. ‘Bitmain Can Be A Legendary Crypto Company’ As part of an in-depth look into the mining giant ahead of its controversial planned initial public offering (IPO), BitMEX considered the potential for the company to recapture its former success while leveling thinly-veiled criticism at its management. дальше »

2018-8-30 22:00

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Elastos Teams Up With Bitmain On Merged Mining

Elastos, the 77th-largest crypto by market capitalization, is about to get several thousand new miners—although they may not realize it. In an announcement today, the eighteen-year-old project revealed a merged mining partnership with Bitmain that will bring the ELA protocol into the two largest Bitcoin mining pools. дальше »

2018-8-28 17:45

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Is Mining Cost the Best Indicator for Determining Bitcoin Price Trends?

Bitcoin mining cost has been a good but cliched indicator for crypto market trends. However, the costs are based on a plethora of internal and external factors that may make them less reliable. Could there then be a way in which mining costs become the most reliable method of determining crypto prices? Medium user BarclayJames makes […] Is Mining Cost the Best Indicator for Determining Bitcoin Price Trends? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-28 17:38

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DPW Holdings New Hydroelectric Dam Is A Crypto Mining Revolution

Valatie Falls Hydroelectric Dam, New York, is set to see a new life within cryptocurrency mining, after firm DPW Holdings Inc made a bid to purchase the aging dam in March 2018. This will see a new cryptocurrency mining branch open up within DPW Holdings, a brave move considering the falling profitability of cryptocurrency mining as a result of depleting values from currencies such as Bitcoin and Litecoin and of course, an increase in the price of energy and mining equipment. дальше »

2018-8-28 14:00

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Japan’s Internet Giant GMO Abandons Bitcoin Cash Mining

Japanese internet giant GMO has switched its entire mining capacity from Bitcoin Cash (BCH) to Bitcoin (BTC) as of July 2018. GMO Mines 568 Bitcoin Blocks In July A copy of the company’s monthly mining report uploaded to social media by cryptocurrency business investor Trace Meyer confirms that in July, GMO mined 568 Bitcoin blocks and 0 Bitcoin Cash blocks. дальше »

2018-8-24 19:00

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Будем жить: майнеры потребляют втрое меньше электричества, чем банковский сектор

В июле издание The Economist со ссылкой на эксперта Алекса де Фриза сообщило, что устройства для майнинга Биткоина потребляют около 22 тераватт-часов электричества — столько же, сколько вся Ирландия. дальше »

2018-8-22 21:00

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Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination

The bearish trend that has been haunting crypto investors since the beginning of 2018 is now taking a visible toll on mining firms as well. Following the footsteps of rival Hashflare, the Iceland-based cloud crypto mining platform Genesis has announced a drastic step that yet again depicts the woes of a progressively distressed global mining […] Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-20 16:29

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Here’s Why Genesis Mining Might Have Just Booted You Off Their Platform

Genesis Mining is a popular cloud based Bitcoin mining platform that lets users mine for Bitcoin. Each user is placed on a contract, through which they are allocated provisions in order to be able to mine through the platform, differing platforms offer differing rewards but of course, the bigger the reward the more expensive the contract, therefore, Genesis Mining have had to make some cut backs in order to ensure that those on the big contracts still have access to the service, as a result of the collapsing value of Bitcoin. дальше »

2018-8-17 08:00

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Is Bitcoin Mining Going To Destroy The Planet?

Is mining Bitcoin worth the threat it poses our very existence? Whilst Bitcoin offers communities and society a chance to access a new technology and a form of value that is not regulated by the government, it’s production and mining does have a detrimental impact on the planet, yet, few people seem to recognise that this is the case, especially those scholars who are big on blockchain. дальше »

2018-8-10 06:00

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Cryptocurrency Malware Infects Over 200,000 Mikrotik Routers

A cryptojacking campaign has affected over 200,000 routers made by Mikrotik, the Latvian networking company.   A Months-Old Vulnerability Exploited Security researchers recently mapped a series of cryptomining attacks, which initially attacked a large number of users in Brazil to create a growing mining botnet by infecting compromised devices with malware. дальше »

2018-8-7 07:00