Market Shakeup — BSV Faces Steep Decline After UK Judge’s Decision in COPA Case 

Market Shakeup — BSV Faces Steep Decline After UK Judge’s Decision in COPA Case In recent times, the cryptocurrency landscape has experienced a widespread decline, yet the digital asset bitcoinsv, known for its associations with Craig Wright, has seen the most significant weekly downturn within the crypto sphere, dropping 18.9% versus the U.S. dollar in seven days. This decline in bitcoinsv’s value closely follows the verdict by U.K. Judge […]

Go to Source

An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable

An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain UnreliableA single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%. Unknown Hashpower Captured 64% […]

Go to Source

Powered by WPeMatico

Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets

Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital AssetsThe ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis Digital Assets. Genesis will be acquiring Canaan’s A1246 Avalonminer rigs that produce 90 terahash per second (TH/s) and deliveries will be shipping during the second half of 2021. Canaan and […]

Go to Source

Powered by WPeMatico

US Judge Dismisses Antitrust Case Accusing Bitmain, Kraken, and BCH Devs of Manipulation

US Judge Dismisses Antitrust Case Accusing Bitmain, Kraken, and BCH Devs of ManipulationA U.S. court in Miami has dismissed an amended complaint in the lawsuit that accused nine defendants including Kraken founder Jesse Powell, Bitcoin.com founder Roger Ver, Bitmain’s Jihan Wu, and a few open-source Bitcoin Cash developers of collusion. U.S. Magistrate Judge Chris McAliley dismissed the amended complaint under Federal Rule of Civil Procedure on March […]

Go to Source

Powered by WPeMatico

Craig Wright Plans to Take Legal Action Against BTC Developers, Hopes to Recover Over $3B in ‘Stolen Bitcoin’

Craig Wright Plans to Take Legal Action Against BTC Developers, Hopes to Recover Over $3B in 'Stolen Bitcoin'Craig Wright, the individual that claims to be Satoshi Nakamoto, seems to be planning to initiate legal action against a number of open-source blockchain developers. Wright’s legal team, Ontier LLP, has allegedly sent letters to programmers who work on blockchains like Bitcoin, Bitcoin Cash, and Bitcoinsv as well. The self-styled Bitcoin inventor’s legal action letters […]

Go to Source

Powered by WPeMatico

10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 ‘Satoshi Era’ Bitcoins from 2010 Spent Today

10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 'Satoshi Era' Bitcoins from 2010 Spent TodayOn December 27, at around 2 a.m. in the morning (EST), another large string of decade-old sleeping bitcoins was transferred. The miner spent 20 block rewards that were originally mined in 2010, and also spent the corresponding bitcoin cash block rewards as well. The bitcoins moved are worth well over $27 million using today’s exchange […]

The post 10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 ‘Satoshi Era’ Bitcoins from 2010 Spent Today appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

20 More Block Rewards from 2010 Spent Today— Why Are Decade-Old Bitcoins Waking Up?

20 More Block Rewards from 2010 Spent Today— Why Are Decade-Old Bitcoins Waking Up?Following the 21 coinbase rewards from 2010 spent on November 7, another long string of so-called ‘sleeping bitcoins’ mined a decade ago were transferred on Sunday morning. According to onchain data, the 20 block rewards from 2010 with 1,000 BTC were transferred at 4:02 a.m. EST. A ton of ‘zombie coins’ moved in 2020, after […]

The post 20 More Block Rewards from 2010 Spent Today— Why Are Decade-Old Bitcoins Waking Up? appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Another Mysterious String of 1,000 ‘Satoshi Era’ Bitcoins Mined in 2010 Moved Today

Another Mysterious String of 1,000 'Satoshi Era' Bitcoins Mined in 2010 Moved TodayOn November 7 at around 12:37 a.m. (EST), another string of so-called ‘sleeping bitcoins’ were moved for the first time since 2010. The peculiar movement stemmed from 20 blocks from 2010 with approximately 1,000 BTC spent ($15.5 million) in a single block. 2020 has been a wild year and in the Bitcoin world, it’s been […]

The post Another Mysterious String of 1,000 ‘Satoshi Era’ Bitcoins Mined in 2010 Moved Today appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Hathor Merge Mining Pool Commands 33% of the Bitcoin Cash Hashrate

Hathor Merge Mining Pool Commands 33% of the Bitcoin Cash HashrateBitcoin Cash proponents have been recently discussing a new mining entity with a large amount of hashrate joined the network. The merge mining operation called HathorMM currently captures 33% of the Bitcoin Cash hashrate and the miners are also mining Bitcoinsv as well. The Bitcoin Cash (BCH) network currently has 2.77 exahash (EH/s) of SHA256 […]

The post Hathor Merge Mining Pool Commands 33% of the Bitcoin Cash Hashrate appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

$12M in ‘Satoshi Era’ Bitcoins Move: 21 Block Rewards from 2010 Spent After a Decade of Slumber

$12M in 'Sleeping Bitcoins' Move: 21 Block Rewards from 2010 Spent After a Decade of SlumberOn early Sunday morning around 1:38:02 a.m. (New York time), approximately 20 blocks with coinbase rewards from 2010 were spent in one block. 1,000 BTC was then consolidated into a single address before moving again. The massive movement of the decade-old ‘sleeping’ bitcoins was caught by an onchain transaction parser and the coins were spent […]

The post $12M in ‘Satoshi Era’ Bitcoins Move: 21 Block Rewards from 2010 Spent After a Decade of Slumber appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico