This Bitcoin halving could lead to greater mining power centralization: Bitfinex analyst

2024-4-20 00:47

Upcoming Bitcoin halving may lead to mining power centralization and innovation as miners adapt to new profitability challenges. The post This Bitcoin halving could lead to greater mining power centralization: Bitfinex analyst appeared first on Crypto Briefing. origin »

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Источник: cryptobriefing.com

mining power → Результатов: 126

Russian power grid titan eyes Bitcoin mining ventures

Rosseti's move into crypto mining could boost Russia's economy by utilizing excess power capacity, despite regional mining restrictions. The post Russian power grid titan eyes Bitcoin mining ventures appeared first on Crypto Briefing.

2025-1-27 05:03	Markets
mining power ventures crypto bitcoin russian eyes

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Bitcoin miner CleanSpark purchases 45,000 ASICs for $145M

The BTC mining firm projects its mining power will reach 16 EH/s by the end of the year.

2023-4-11 18:11	Bitcoin
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Why The Bitcoin Mining Hashrate May Not Be Out Of The Woods Just Yet

The bitcoin mining hashrate took a sharp nosedive as a historical storm tore through multiple US states. This saw power grids consolidate power to be able to provide enough energy for residents to heat their homes and some mining operations had to wind down to free up more of the electrical.

2022-12-28 02:00
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Bitcoin Mining Company Buys Entire Coal Power Plant

More cryptocurrency mining companies are buying up coal-burning power plants. Most recently, Pennsylvania-bsed holding company Stronghold Digital Mining bought a powerplant Venango County, Pennsylvania over the summer to power 1,800 mining computers inside shipping containers next to the power plant, NBC News reports.

2021-9-27 17:51	Cryptocurrencies
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Is Solar Power A Good Fit For Bitcoin Mining?

As Bitcoin transforms the incentives around energy use, will solar power become the future of mining?

2021-8-24 19:17	bitcoin mining
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Exploring Illegal Mining Camps in Western China

This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.

2019-5-31 20:14	Mining
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Bitfury, Commons Foundation To Launch BTC Mining Ops In Paraguay

The two groups want to power Latin American mining centers with local hydroelectric power.

2019-2-5 20:38	World
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Power Mining Pool | What a Crypto Mining Scam Looks Like

Power Mining Pool had some clear early warning signs of a potential cloud mining Ponzi scams. Find out what you should look for in this case study. The post Power Mining Pool | What a Crypto Mining Scam Looks Like appeared first on CoinCentral.

2018-11-14 00:36	#scams
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[Breaking] Chinese Crypto Media Outlet Says Bitmain’s Jihan Wu has Lost Executive Power with Board

Jihan Wu, the co-founder of Bitmain, one of the largest Bitcoin mining equipment manufacturers in the whole world, is reportedly no longer able to use executive power to decide the future of Bitmain.

2018-11-13 20:30	News
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Bitmain Reshuffles Board Ahead of IPO, CEO Jihan Wu Loses Executive Power

News reaching Ethereum World News indicate that the Bitcoin Mining Giant known as Bitmain, has undergone a board reshuffle that has led to its CEO – Jihan Wu – losing his seat as the board’s executive director.

2018-11-13 20:09	Litecoin (LTC)
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Bitcoin Cash’s ‘Hash War’ Solidifies as Network Hard Fork Approaches

Over the past day, bitcoin cash mining pools supporting Craig Wright's Bitcoin SV have consolidated even more of the relative amount of hash power.

2018-11-13 20:00
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Bitcoin Cash’s ‘Mining War’ Escalates as Blockchain Hard Fork Approaches

Over the past day, bitcoin cash mining pools supporting Craig Wright's Bitcoin SV have consolidated even more of the relative amount of hash power.

2018-11-14 20:00
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Jihan Wu loses his decision-making power in Bitmain

Jihan Wu, the head of Bitmain, the largest mining equipment manufacturer, and the worldwide known “face” of the company for years, left the board of directors of Bitmain. Now he will not be able to participate in the decision-making process.

2018-11-14 16:26	News
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DMG Starts Operating 60MW Bitcoin Mine in British Columbia

DMG Blockchain Solutions has announced that it has started generating up to 60 megawatts (MW) of electricity at an 85MW substation it owns in western Canada. It will use the substation to power its flagship cryptocurrency mining facility, which is one of the largest such sites in the country by power output.

2018-11-12 15:00
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Latest Crypto Mining Malware Viruses Cridex and Gozi Reinvent Themselves to Target Exchanges

A new computer virus that spread all over the web is threatening Switzerland. The virus allows the attacker to mine Monero (XMR) using the victim’s CPU power. This kind of virus was ranked as the sixth most significant malware to hit Switzerland during the first half of 2018. The information was released in a paper […]

2018-11-10 06:11	News
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Bitmain to Power Up 90,000 S9 Antminers to Increase Bitcoin Cash Hash Power Before BCH Hard Fork

The Bitcoin Cash upcoming hard fork is generating divisions in the cryptocurrency market. The giant crypto mining company Bitmain decided to deploy an extra 90,000 Antimner S9 machines in order to increase the hash power on the Bitcoin Cash network.

2018-11-8 22:18	News
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Bitmain’s New 7nm Chip Miners Are Available for Purchase Today

Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15.

2018-11-9 18:52	Mining
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University shuts down its entire network to stop Bitcoin crypto-jackers

A Canadian university had to shut down its entire campus network after it discovered hackers had hijacked its computing power to surreptitiously mine cryptocurrency – Bitcoin, to be exact. In a statement released earlier this week, Nova Scotia-based St.

2018-11-7 13:44	hard fork
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BTCC Announces the "Indefinite" Closure of Its Mining Pool

BTCC will be shutting down its mining pool by the end of the month. According to a recent notice made by the Hong Kong-based exchange, BTCC will deactivate its mining pool servers on November 15, 2018, and cease all operations entirely come November 30.

2018-11-7 21:29	Mining
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Another Report Says Crypto Mining Uses More Power than Traditional Mining

A report published today has stated that mining $1 worth of Bitcoin requires more electricity than mining almost any material traditionally dug from the earth. The authors state that between three million and 15 million tons of carbon emissions have been caused by the sector over the last two years.

2018-11-6 00:00
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AMD to create eight new crypto mining rigs

AMD, a leading manufacturer of graphics cards (GPU), has partnered with Sapphire, ASROCK, ASUS, MSI, Biostar, TUL and Rajintek to provide the next best crypto mining rigs. The mining rigs to be created are expected to cater to the varied expectations and purchasing power of each client.

2018-11-5 17:47
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Bitcoin Cash Mining Pool SVPool Takes Lead With 8% of Total BCH Hash Power

SVPool (Satoshi Vision Pool) is a recently available open, mining pool for Bitcoin Cash [BCH] miners, who’s values match that of Satoshi Nakamoto’s. As per its official website, SVPool will run the Bitcoin SV, restore the Bitcoin protocol via the new full node integration, limit changes and work towards scaling. Given the nature of SVPool, […]

2018-11-3 22:21	News
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Kenya’s Bithub Africa Mines Bitcoin Using Solar Power

Bithub Africa has started using off-grid solar power to mine bitcoin and ethereum. John Karanja, the founder and chief executive officer of the small Kenyan mining operation, hopes to spread the technology to the rest of the continent while exposing the lie that cryptocurrency mining poses a danger to the environment.

2018-10-31 12:50
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Mining Report Says EOS Blockchain Requires Much Less Electricity in Comparison to Bitcoin or ETH

There are indeed a growing number of positive aspects with EOS, but a newly discovered quality could make it much favorable among cryptocurrency enthusiasts. For example, it has been found that EOS consumes a less amount of power compared to the sheer consumption witnessed with Bitcoin in the creation of virtual coinage. Calculations performed by […]

2018-10-31 03:22	News
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.

2018-11-1 23:35	Op-ed
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Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats

With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain.

2018-10-30 21:45	ethereum
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New York’s Plattsburg Pushing for Crypto Mining Regulations

Access to cheap electricity and a relatively cooler climate makes a city or county a more preferred location for cryptocurrency miners. The power-heavy industry needs electricity not only to power its miners but also to keep facilities cool.

2018-10-28 16:29	Mining
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WinMiner: Bringing Cryptocurrency Mining to the Masses

WinMiner takes away the hurdles and complexities of cryptocurrency mining and brings forward a comprehensive, easy-to-use platform which generates profits from your unused computer power. With an experienced team of established professionals, jointly responsible for over 1 billion installs of consumer applications, WinMiner introduces its one-of-a-kind token sale on the Aion platform.

2018-10-23 20:21	Industry
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini

Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.

2018-10-24 19:38	Op-ed
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Wasteful? Iceland Farmers Says Bitcoin Mining is ‘Too Good to Be True’

A relatively small cryptocurrency mining operation in Iceland has come up with a simple, yet effective solution cryptocurrency mining’s electricity issues. It uses excessive geothermal energy from farmers’ machines to power up the mining equipment in a win-win situation.

2018-10-23 23:00
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WinMiner Lets Anyone Mine Cryptocurrency With Just One Click

WinMiner brings forward a unique platform which enables everyone to efficiently harness and to optimize unused computing power through a comprehensive cryptocurrency mining algorithm. Cryptocurrency Mining Made Simple WinMiner presents a platform which allows mining of the most profitable digital currencies at any given moment.

2018-10-23 21:00
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New Samsung 7mn 7LPP Chips Could Reduce Crypto Mining Energy Use By 50%

Innovative Samsung Chips Could Be Beneficial for Cryptocurrency Mining Activities Samsung started to produce a new 7nm chip known as Low Power Plus (7LPP) process node. According to the company, the new chip is able to reduce energy consumption by up to 50 per cent.

2018-10-19 19:42	News
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Can Nuclear Power Plants Benefit from the Bitcoin Mining Industry

There has been a great deal of criticism lately concerning bitcoin’s tendency to use more energy than a whole country. The claim is hotly disputed and some even say that it is better to use the excess energy than to waste it, which is something that bitcoin can do. But – wait a moment, while […]

2018-10-19 11:58	News
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Now Fake Crypto Mining Apps Are Fooling Android Users

Cryptojacking is becoming a nuisance for PCs, and mobile users around the globe as the computing power of their devices is being used without their explicit permission to mine digital currencies.

2018-10-18 17:49	Scam
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Class Action Suits Launched Against Cryptocurrency Mining Investment Company

The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers.

2018-10-18 20:05	Law & justice
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How Bitcoin Mining Can Help Nuclear Reactors

Generating electricity closer to full capacity and at a constant rate is the most economical, technically simple and safe mode of operation at nuclear power plants, according to NEA. Bitcoin mining can help by utilizing the excess energy reactors can generate outside peak seasons and hours of consumption, reducing the stress from powering up and […] The post How Bitcoin Mining Can Help Nuclear Reactors appeared first on Bitcoin News.

2018-10-17 03:20
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Bitcoin Mining: Chinese Man Gets 3.5 Year Sentence for Stealing Power to Mine Bitcoin

A Chinese man has been handed a three and a half year sentence for illegally tapping power from a train station in China for crypto mining purposes. According to a… The post Bitcoin Mining: Chinese Man Gets 3.

2018-10-15 19:09	bitcoin mining
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Welcome To The Daily 2 – The All New Video Series By Crypto Daily

Introducing The Daily 2, the all new video series by Crypto Daily and proclaimed crypto evangelist, Brian Wilson. Don’t miss a thing, be sure to subscribe to The Crypto Daily Official YouTube channel which can be found here.

2018-10-15 15:00
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Don’t Underestimate China’s Power In Bitcoin

There has been a wealth of news of late about China and the Chinese authorities new position on cryptocurrency. In the shortest possible terms, the government want to totally ban cryptocurrency trading and investment and wish to stamp out the Bitcoin culture that has slowly built up in China.

2018-10-15 23:00	China
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Bitcoin Network Comes To A Standstill In China

Ben Kaiser from one of the most impressive universities in America, Princeton University and Alex Ledger from Florida International University have written a paper together on what China is impacting Bitcoin.

2018-10-12 08:00
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Adobe Flash Being Used For Cryptojacking

Cybersecurity software company Palo Alto Networks reports that miners looking to use your computer to expand their hashing power are getting sneakier. New fake Adobe updates are circulating that will actually update the plugin on your computer, but also install illicit mining malware.

2018-10-12 07:52	monero
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Reasons Why Bitcoin Crashed Today

It only takes a few minutes for Bitcoin to lose $200 and that’s exactly was happened today. Not only has Bitcoin crashed earlier today but it took the whole market down with it including Ethereum, XRP, Monero, Stellar and so on.

2018-10-11 17:30
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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network

Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation.

2018-10-11 00:29	Mining
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Examining Litecoin (LTC) Mining Profitability During Crypto’s Bear Market Prices

Is it Currently Worth to Mine Litecoin (LTC)? Cryptocurrency mining activities have been very profitable in different occasions. Users were able to earn extra income and at the same time make the network more secure.

2018-10-10 21:20	News
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With the CBAC, East Meets West in Search of Adoption and Innovation

The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.

2018-10-10 23:38	Adoption & community
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Decentralized privacy-preserving cloud network Perlin releases testnet

CryptoNinjas DAG-based distributed ledger Perlin has made its testnet alpha available for private testing. The team has built a secure and ultra-fast network platform to utilize the vast amounts of idle compute power available on computers, smartphones, game consoles, mining.

2018-10-10 20:47
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China: Man Sentenced to Prison for Stealing Railway Electricity to Mine Bitcoin

Although the Chinese regulatory bodies have maintained their distance from cryptocurrencies, it has not deterred the people in the country from partaking in the promising crypto mining industry – as a Chinese man was recently sentenced to 3.

2018-10-9 15:00
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Chinese Bitcoin Miner Gets 3.5 Years in Prison for Stealing Train Power

A Chinese court has sentenced a local resident to three and a half years in prison and a fine of about $14,500 for stealing power from a train network to run his Bitcoin mining gig.

2018-10-9 14:38	News
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FlyMining: Real And Profitable Green Bitcoin Cloud Mining Service?

What Is FlyMining? FLYMINING is a cloud-mining farm that is completely eco-friendly and offers cloud-mining facilities in a clean and transparent manner. The farm consists of three 20ft. containers that have more than five hundred and forty mining machines, which provide a total hash power of almost seven Petahashes per second—the fastest so far. The FLYMINING […]

2018-10-9 09:01
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BTC Currently Valued at Fair Market Price, Bitcoin Magazine Pro Data Shows

Bitcoin Magazine Pro’s Bitcoin Cycle Master tool rates Bitcoin’s current price of $63,500 as fair market value, signaling potential growth based on historical trends and on-chain metrics.

Bitcoin fails to draw safe haven flows amid Middle East crisis: Kaiko

Amid Middle East tensions, Bitcoin's value drops by 6%, underperforming as a safe-haven asset compared to gold and the US Dollar's rally. The post Bitcoin fails to draw safe haven flows amid Middle East crisis: Kaiko appeared first on Crypto Briefing.

Bitcoin investors to moderate price expectations post-halving: Glassnode

Glassnode advises Bitcoin investors to moderate their expectations for the upcoming halving, citing historical data and diminishing returns. The post Bitcoin investors to moderate price expectations post-halving: Glassnode appeared first on Crypto Briefing.

Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates

The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.

Bitcoin on-chain metrics are “decidedly positive” after the halving, highlights Bitfinex report

The SEC's approval of Bitcoin ETFs has transformed the market, with inflows supporting prices and altering post-halving dynamics. The post Bitcoin on-chain metrics are “decidedly positive” after the halving, highlights Bitfinex report appeared first on Crypto Briefing.

Bitcoin Transaction Fees Come Crashing Down Post Halving

After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction.

The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees

Soccer has the World Cup. Athletics and many other sports have the Olympics. Crypto has the halving. The milestone in the blockchain's 15-year history technically means a cut in rewards for crypto miners with each block – a feature designed to minimize inflation.

2024-4-20 00:47

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