Bitcoin History Part 21: Miners Pour One out for Satoshi

Bitcoin History Part 21: Miners Pour One out for SatoshiThere are a few ways of looking at bitcoin mining. As an ostensibly selfish enterprise, wherein miners are seeking to extract precious coins for profit. And as a community of individuals who envisage a better way of generating, handling and using money, and are motivated to secure the Bitcoin network. The truth is probably somewhere […]

The post Bitcoin History Part 21: Miners Pour One out for Satoshi appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Mining Operations Offer New Strategies Before Reward Reduction

Bitcoin Mining Operations Offer New Strategies Before the Reward ReductionAs the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining. Moreover, a few days later at Bitmain’s annual customer appreciation meeting, […]

The post Bitcoin Mining Operations Offer New Strategies Before Reward Reduction appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin

Chicago Company Mines at Oil Wells, Educates Producers About BitcoinUtilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies are working to expand the niche and U.S.-based EZ Blockchain shared […]

The post Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Mining Chip Maker Ebang Next in Line to File for US IPO

ASIC Chip Maker Ebang Next in Line to File for US IPOEbang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American […]

The post Mining Chip Maker Ebang Next in Line to File for US IPO appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico