Chinese Police Find Secret Bitcoin Mining Operation in Suspected Tombs
Chinese law enforcement discovered an illegal Bitcoin mining operation in what appeared to be multiple underground burial sites. Go to Source Powered by WPeMatico
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Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH). The latest hardware is modeled after Bitmain’s more … Read more
Bitmain Launches New T19 Bitcoin Miner After S17’s Troubled Launch
World-leading mining hardware producer Bitmain launched its new Antminer T19 Bitcoin Mining ASIC. Go to Source Powered by WPeMatico
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 … Read more
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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, … Read more
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. Go to Source Powered by WPeMatico
Institutional Investors Buying Up BTC Like Crazy After Halving
Institutional investors brewing a perfect Bitcoin storm Go to Source Powered by WPeMatico
