Bitcoin Mining – DIGIT INFO

Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline

Slush Pool encoded a Reuters headline in an apparent nod to the Bitcoin genesis block, which contains a banner from The Times.

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Mining City: A Blueprint for Success?

Mining City: A Blueprint for Success? “Together we grow!” This is the slogan of Mining City, a company with a solid foundation in the cryptocurrency market. Is this catchphrase a real promise, or an overstated declaration? Let’s find out. Brick by Brick Cryptocurrencies are considered by many as the “gold of the digital age”. Just as the discovery of gold deposits […]

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Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered

The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims of “tens of millions of dollars.” Fraudulent Claims […]

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This Bitcoin mining company’s stock is in free fall following Q3 loss

Q3 was a tough quarter for mining rig manufacturers as the impact of COVID-19 continued to weigh.

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Justice Department extradites alleged BTC mining ponzi operator from Panama

AirBit Club’s leadership have been gathered in New York City and will face charges for stealing “membership dues” to finance massive marketing events and lavish personal lifestyles.

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Bitcoin mining difficulty approaches ATH as price stabilizes above $18K

Mining difficulty on the network rose by 8.9% today while the hash rate is more than 130 EH/s.

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With share price outpacing Bitcoin, Riot Blockchain appoints new director

The Bitcoin mining giant appoints a new director with a stellar institutional background as stock prices surge.

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OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away

Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China only means the corresponding block rewards will reflect this imbalance. They add […]

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Bitcoin mining revenue hits yearly high, after return to pre-halving levels

Bitcoin mining revenue has topped $20 million per day, its highest level this year.

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$2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined

Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges.

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