As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return

As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate ReturnsWhile on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline and Bitcoin’s overall hashrate has […]

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Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network

Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC NetworkHash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. Only buyers of hashrate know this, as well […]

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Bitcoin’s Hashrate Hits Record High 130 EH/s, as BTC Price Faces Resistance at $12,000

Bitcoin’s seven-day average hashrate has reached a new all-time high of 130 exahash per second (EH/s) – a feat that might positively influence the asset’s price, while adding to the fundamental strength of the Bitcoin network. According to the latest data from charts.Bitcoin.com, the previous peak of about 127 EH/s was recorded on July 28. […]

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BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Proposal

BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding ProposalSince Btc.top founder Jiang Zhuoer revealed an infrastructure funding proposal from five major mining pools last week, which would fund BCH devs via redirection of 12.5% of BCH coinbase rewards, the Bitcoin Cash community has been understandably bustling with debate, discussion, and suggestions. Reactions have ranged from calling the move a “tax” that is incongruous […]

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BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

BTC's Hashrate Touches 120 Exahash, But the Price Has Not FollowedOn January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower. […]

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Bitcoin’s Software Has Been Rolled Back Before

Remembering the Coordinated Effort to Rollback Bitcoin's Software Back in 2013When Binance lost $40 million to hackers this week, the crypto community discussed reorganizing the chain after it was suggested by a developer from MIT. Many people were upset by this proposition, declaring that there was no way a coordinated effort with miners could be pulled off. However, most bitcoiners don’t seem to remember that […]

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Mystery Bitcoin Miners Are Altering Mining Pool Dominance

Mystery Bitcoin Miners Shift Mining Pool Dominance ImmenselyDuring the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a block. Over the last two years, however, unknown miners have started to dominate […]

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Bloq Labs Reveals Software Suite That Aims to Increase Hash Power by Double Digits

The blockchain organization Bloq Labs has introduced a beta version of a new software suite for cryptocurrency miners called Titan. Bloq co-founder Jeff Garzik announced the project at the recent Binance conference in Singapore and claims the protocol can maximize a mining machine’s hashrate by double digits with thoughtful configuration and dynamic adjustment. Also read: An […]

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Bitmain Reveals the Total Hashrate of Its Cryptocurrency Mining Hardware

Bitmain Reveals the Total Hashrate of Its Cryptocurrency Mining HardwareChinese bitcoin mining giant Bitmain has revealed the total hashrate of all its cryptocurrency mining hardware. This was done as part of a larger push towards greater business transparency by the company ahead of its rumored massive IPO.  Also Read: The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million Bitmain Transparency Policy Bitmain […]

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