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Brutal Blow To Miners: Russia’s New Draft Law Will Ban Crypto Completely And Prohibit Miners From Receiving Rewards

The Finance Ministry of Russia has proposed some amendments that could ban cryptocurrency use in the country. The passing of the new draft bill could be catastrophic for the bitcoin miners in Russia as it aims to prevent them from being rewarded in crypto for the work they put in. Russia Proposes New Law That […] дальше »

2020-9-4 14:38


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Bitcoin Plunges Below $11,000 as Selling Pressure from Miners Ramps Up

After facing some slight turbulence yesterday, Bitcoin incurred a massive rush of selling pressure today that sent its price reeling down to lows of $10,700 This movement came about in the form of a sharp selloff following a prolonged bout of sideways trading within the lower $11,400 Analysts are now noting that the market is now at serious risk of seeing further downside This comes as multiple large BTC mining pools begin offloading their holdings […] дальше »

2020-9-4 21:00


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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


Ethereum Classic Hit by Yet Another 51% Attack, But Has Defensive Plans

Ethereum Classic was hit by another 51% attack on Aug. 29, making it the third attack on the blockchain this month. Various organizations in the crypto community have responded to the attack. ETC Cooperative has advised miners and exchanges to keep confirmation requirements high, which will prevent the attacker from making use of their ill-gotten gains. дальше »

2020-9-1 13:26


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Multimine’s User-Friendly Platform Aims at Making Everyone to Start Mining Regardless of basic Knowledge

With so many competitive cloud mining companies currently in existence, crypto mining has proven to be one of the hottest businesses of the year. While there are so many genuine cloud mining companies offering appealing features for independent miners, have in mind that there are scammers who appear as real mining companies looking for opportunities […] дальше »

2020-8-28 20:21


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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021

Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17. 7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021. дальше »

2020-8-26 22:30