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“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 … Read more
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 … Read more
Q3 was a tough quarter for mining rig manufacturers as the impact of COVID-19 continued to weigh. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
Mining difficulty on the network rose by 8.9% today while the hash rate is more than 130 EH/s. Go to Source Powered by WPeMatico
The Bitcoin mining giant appoints a new director with a stellar institutional background as stock prices surge. Go to Source Powered by WPeMatico
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 … Read more
Bitcoin mining revenue has topped $20 million per day, its highest level this year. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
2020 marks a new era for mining institutionalization, bringing with it both benefits and challenges. Go to Source Powered by WPeMatico