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Sweden Braces For Migrant Caravan Of Norwegian Bitcoin Miners
Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt. дальше »
2018-11-24 15:00 | |
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Norway Ends Power Subsidies for Cryptocurrency Miners
Norwegian news outlet Aftenposten reported recently that the government wants cryptocurrency miners to have standard power tariffs instead of their previously subsidized rates. The revised power rates will be effective from the New Year, raising the power liability of the miners significantly and affecting their profitability. дальше »
2018-11-24 14:59 | |
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End of the Bitcoin Cash (BCH) Hash Wars, Offers Much Needed Relief for Traders and Miners
The last two weeks since the 14th of November seemed like a never ending fall into the abyss for many crypto traders and hodlers. Bitcoin (BTC) fell from levels above $6,300 to current levels of $4,347 in the same time period and took with it the entire market on the way down. дальше »
2018-11-24 13:30 | |
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Bitcoin Cash ‘Hash War’ May Soon End As Losses Near $12M
The total cost of the ongoing ‘hash rate war’ affecting Bitcoin Cash has topped $11. 8 million, data from Hong Kong-based cryptocurrency trading platform BitMEX shows. SV Bears Brunt Of Giant Losses Fresh research uploaded to social media November 21 reveals the true extent of the curious phenomenon, in which miners have opted to mine Bitcoin Cash’s two forks at a loss. дальше »
2018-11-23 18:00 | |
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Bitcoin Mining No Longer Profitable for Some as Bitcoin Price Hits 13-Month Low
Bitcoin miners learned the hard way that Bitcoin mining is still a Wild West after Bitcoin’s price tanked to a new 13-month low last week. According to data from CoinMarketCap, Bitcoin’s price is now below $4,300, a far cry from its peak value of almost $20,000 in December last year. дальше »
2018-11-23 16:14 | |
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Norway Has Change Of Heart For Bitcoin Miners As Country Halts Its Power Tax Subsidy
Crisis Ahead: Norway Ends Power Tax Subsidy For Bitcoin Miners When you hit rock bottom, it can only get worse, or at least is what the Bitcoin miners in Norway must be thinking right now. The Norwegian government has decided that it no longer supports BTC mining and has decided to cut the power subsidy […] дальше »
2018-11-23 08:05 | |
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Bitcoin Mining News: Norway Revokes Subsidies, Bitmain Opens Washington Facility
In mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors. дальше »
2018-11-23 04:40 | |
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Norway Revokes Mining Subsidies, Bitmain Opens Washington Facility
In mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors. дальше »
2018-11-23 04:40 | |
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HIVE Blockchain Company Updates Crypto Cloud Mining Agreements, Appoints New Executives
HIVE Blockchain Technologies has revealed the progress made regarding the impending transition to HIVE 2. 0. The corporation operates several cryptocurrency mining centers. Firstly, HIVE issued updates concerning its ASIC miners which were launched at the end of September. дальше »
2018-11-28 18:06 | |
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HIVE Blockchain Company Updates Crypto Cloud Mining Agreements, Appoints New Executives
HIVE Blockchain Technologies has revealed the progress made regarding the impending transition to HIVE 2. 0. The corporation operates several cryptocurrency mining centers. Firstly, HIVE issued updates concerning its ASIC miners which were launched at the end of September. дальше »
2018-11-22 16:14 | |
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Bitcoin’s Hashrate Plunges, “Miners Sold by the Kilo” Trends in China
Bitcoin’s hashrate has suddenly fallen by nearly 50% from a high of 62 quintillion/exahashes a second to 34 quintillion at the time of writing. This is the first time bitcoin’s... The post Bitcoin’s Hashrate Plunges, “Miners Sold by the Kilo” Trends in China appeared first on Trustnodes. дальше »
2018-11-22 15:26 | |
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Bitcoin Miners Ruined by Downturn, “Selling Hardware by the Pound”; Giga Watt Files Bankruptcy
Miners have been decimated by the market downturn. In response, miners have started decommissioning hardware, mothballing rigs, and even selling hardware by the pound. Bitcoin and cryptocurrency proof-of-work (PoW) mining is a controversial topic. дальше »
2018-11-22 03:55 | |
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A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed
A bug centering around a new Ethereum token, GasToken, which was enabling abuse on cryptocurrency exchanges, appears to have been resolved. The details are provided in a report originally published on November 13, 2018, that discussed how the bug was exploited by attackers, and what digital platforms could do if they wished to protect their hot wallet funds. дальше »
2018-11-22 00:34 | |
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Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible?
There has been news going around that major mining rigs in China have shut down as a result of reduced profitability due to reduced hash rate. According to the information, many miners say they have been mining at a loss for months but can no longer afford to continue because of increased electricity tariffs due […] The post Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible? appeared first on ZyCrypto. дальше »
2018-11-21 23:26 | |
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Bitcoin Cash ABC update exposes potentially catastrophic vulnerability
It hasn’t been long since the monstrously wasteful hash wars began, but it already seems both newly spawned blockchains are running into potentially crippling technical difficulties. Shortly after BSV (nChain’s implementation of Bitcoin Cash) suffered from a bug that split its network in two, it appears that BAB (Bitcoin-ABC’s implementation of Bitcoin Cash) has rolled out a software update that puts its entire network at risk of 51-percent attacks from rogue miners. дальше »
2018-11-21 20:52 | |
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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’
The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan. дальше »
2018-11-21 20:00 | |
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ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs
In recent mining news, Susquehanna International Group has reported that it is no longer profitable to mine ether with a GPU. In other news, a Canadian miner has taken to Twitter to share photos of a system that recycles the heat generated by his six ASIC miners, while Jihan Wu has accused Craig Wright of […] The post ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs appeared first on Bitcoin News. дальше »
2018-11-21 19:15 | |
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Bitcoin Hash Rate Declines to August Levels as Some BTC Miners Consider Shutting Down
The current state of the cryptocurrency markets can be compared to the free-fall experienced due to gravity when someone jumps out of a plane before deploying a parachute. Ever since the 14th of November this year, the value of BTC has fallen from levels around $6,300 to current levels of $4,500. дальше »
2018-11-20 16:13 | |
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Bitcoin Cash Hash War Stacking Heavy Loses
CoinSpeaker Bitcoin Cash Hash War Stacking Heavy Loses Miners on both sides of the Bitcoin Cash divide are currently running at significant losses after the hard fork of November 15, crypto experts from BitMex exchange have claimed. Bitcoin Cash Hash War Stacking Heavy Loses дальше »
2018-11-20 12:53 | |
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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn
Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin. дальше »
2018-11-20 23:08 | |
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Bitcoin Hash Rate Sees 10% Decline, BCH Fork Drama Might be Biggest Reason
In a report from The Block, miners seem to be suffering with the latest changes to the Bitcoin hash rate. The media news site has said that this is the “steepest decline in two years.” Though the hash rate managed to reach its highest numbers in October on the 4th, the rate has since dropped […] дальше »
2018-11-19 21:57 | |
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Bitcoin mining optimization level 100: Heating a 6000 sqft home with 6 S9 ASICs
A Canadian miner posted an interested tweet today, showing an image of his house being heated with the excess energy created by his bitcoin miners. This is the prototype Francis is referring to. It completely and comfortably heat my 6000 sqft home, at my desired temperature during Quebec winters. дальше »
2018-11-19 00:26 | |
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BCHABC Generates Nearly Empty Blocks While BCHSV Blocks Grow Bigger
There are still some intriguing aspects about the Bitcoin Cash hash war to highlight. As neither network can gain a major edge over the other, a lot of enthusiasts have begun looking beyond the number of blocks and actual hashrate. дальше »
2018-11-19 23:30 | |
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Craig Wright Comes for XRP, says the Currency ‘is a Security and Biggest Scam in the Space’
Other than threatening miners and responding to perceived opponents in the cause of claiming ownership over the Bitcoin Cash Network, Craig Wright has quite a handful of points to throw out on why he believes Ripple (XRP) is a Security. дальше »
2018-11-19 21:07 | |
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Cryptocurrency Miners May Have to Pay More for Electricity in Chelan County
There is little doubt that cryptocurrency mining is extremely power intensive, with particular emphasis on coins that still rely on the Proof-of-Work (PoW) consensus mechanism. Recognizing this, Washington State’s Chelan County Public Utility District (PUD) has proposed a rate hike for mining enterprises within the region. дальше »
2018-11-18 17:00 | |
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NVIDIA Q3 2018 Earnings Report Solidifies Drying Crypto Mining Business
American technology company NVIDIA released its Q3 2018 earnings report on November 15, 2018, which states that the company’s graphics processing units (GPU) sales among cryptocurrency miners has plummeted a great deal since Q4 2017 cryptocurrency boom. дальше »
2018-11-18 15:00 | |
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RippleNet Use Case With American Express And Santander Simplifies USA-UK Cross Border Payments
Along with the recently declared Bitcoin Cash (BCH) Hash Wars taking center stage for a countless number of cryptocurrency miners and enthusiasts, it's very easy to have some otherwise weighty developments just slip off the radar by comparison. дальше »
2018-11-18 05:32 | |
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One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments
Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV). дальше »
2018-11-17 02:13 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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MinerGate Crypto Mining Pool Launches xFast Miner Software Client with New Interface Features
The MinerGate digital currency mining pool has established the xFast Miner; a new graphical user interface that will henceforth act as the default mining client of MinerGate. MinerGate is renowned for its multicurrency support as well as having a user-friendly interface. дальше »
2018-11-17 00:40 | |
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Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV) miners are losing more than $0,7M per day
On November 15, Bitcoin Cash (BCH) hard fork activated. After the hard fork, Bitcoin Cash has split into BCHABC and BCHSV. According to Bitmex Research, Bitcoin Cash ABC miners are making considerable daily losses, even larger losses than SV miners. дальше »
2018-11-17 23:49 | |
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Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand
Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone. дальше »
2018-11-16 16:09 | |
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How Cartels May Control EOS and Fundamentally Threaten its Survival
There is evidence that a small group of block producers (miners) control the entire EOS network. These block producers have the power to censor transactions, blacklist individuals, and ensure they remain in power. дальше »
2018-11-16 15:30 | |
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Bitcoin Unlimited vs Bitcoin ABC vs Bitcoin SV – Node & Economic Support
There are still a lot of unknown factors associated with the upcoming Bitcoin Cash hard fork. While miners clearly favor Bitcoin SV at this time, things may look a bit different where everything else is concerned. дальше »
2018-11-15 19:53 | |
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Сайт Coingeek подвергся DDoS-атаке
Владелец крупнейшего BCH-пула Келвин Эйр сообщил о DDoS-атаке на свой новостной сайт. hahaha…someone DDosing https://t. co/k3ybTnnwU5…. this is exactly my point on why we need adult leadership provided by miners to take over from the Devs. дальше »
2018-11-15 19:19 | |
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Сайт Coingeek подвергся DDoS-атаке накануне хардфорка Bitcoin Cash
Владелец крупнейшего BCH-пула Келвин Эйр сообщил о DDoS-атаке на свой новостной сайт. hahaha…someone DDosing https://t. co/k3ybTnnwU5…. this is exactly my point on why we need adult leadership provided by miners to take over from the Devs. дальше »
2018-11-15 18:58 | |
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Cryptocurrency Miners Disappear In Sweden After Racking Up Major Energy Costs Leaving Bills Unpaid
In the Swedish county of Norrbotten, there have been a string of failures. For not one, but two cryptocurrency mining initiatives which set up in the region not too recently. These two companies, rather than going into administration and paying their bills, have simply disappeared into thin air, leaving unpaid bills as the only record […] дальше »
2018-11-15 16:21 | |
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BCH Hash Wars: Ripple’s David Schwartz Had Warned the Crypto Community about Miners
As the Bitcoin Cash (BCH) Hash War continues to affect the crypto markets, Ethereum World News went back in time to see if such an event had been predicted and how it could have been avoided. In the process of going through our archives, we came across a piece written back in August about how the […] The post BCH Hash Wars: Ripple’s David Schwartz Had Warned the Crypto Community about Miners appeared first on Ethereum World News. дальше »
2018-11-15 15:26 | |
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Hash War is On: Craig Wright Threatens to Crash Bitcoin Price Down to $1000
CoinSpeaker Hash War is On: Craig Wright Threatens to Crash Bitcoin Price Down to $1000 Craig Wright, the man claims to be the real Satoshi Nakamoto and pseudonymous creator of Bitcoin, has threatened to crash the price of ‘his’ headline cryptocurrency if miners support the Bitcoin Cash ABC project in the upcoming fork. дальше »
2018-11-15 13:43 | |
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Solo Crypto Mining Profitably Is Declining As It’s No Longer Worth The Costs To Mine On Your Own
In the early days of crypto, hobby miners were able to generate enormous profits using ordinary GPUs and even CPUs. Today, things have changed: a new report suggests individual mining is no longer profitable. дальше »
2018-11-15 10:29 | |
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Competing Bitcoin Cash Forks Show Differing Outcomes; Miners Support SV while Traders Side with ABC
Ahead of Bitcoin Cash’s (BCH) impending fork on November 15, 2018, miners maintaining the network may be taking two different paths for the protocol if data from Coin Dance is considered. Competition in Decentralization The two teams, Bitcoin ABC and Bitcoin SV, led by Bitcoin Cash proponent Roger Ver and CoinGeek CEO Calvin Ayre respectively, are engaged in a fierce. дальше »
2018-11-15 08:00 | |
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