Bitcoin Mining – DIGIT INFO

Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash

Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on May 22, there were 17 mining pools hashing […]

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Bitmain Confirms Ousting of Micree Zhan, Threatens Legal Action

Bitmain issued statements saying that Micree Zhan has been ousted and threatened him and employees supporting him with legal action for not complying.

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Examine the Bitcoin First Difficulty Adjustment Post 2020 Halving

It will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth.

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Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers

Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty.

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Iranian President Calls for Launching a Cryptocurrency Mining Strategy

Iranian President Calls for Launching a Cryptocurrency Mining Strategy Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s President Hassan Rouhani told the press that the country needs to spur a cryptocurrency mining strategy, […]

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China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?

Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate.

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Institutional Investors Buying Up BTC Like Crazy After Halving

Institutional investors brewing a perfect Bitcoin storm

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Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China

It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that bitcoin mining operations have […]