Whales Move Over $4 Billion in BTC During Sunday’s Market Carnage, 150 Bitcoin from 2010 Spent

Whales Move Over $4 Billion in BTC During Sunday's Market Carnage, 150 Bitcoin from 2010 SpentAfter bitcoin and a myriad of other crypto-assets tumbled in value on Sunday a number of significant whale movements took place. During the morning trading sessions on Sunday (EST), an old school miner transferred three decade-old coinbase rewards with 150 bitcoin worth more than $8.5 million. Later on in the evening, just before the transition […]

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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 […]

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5 Mining Operations Command More Than 50% of BTC’s Network Hashrate

5 Mining Operations Command More Than 50% of BTC's Network HashrateThe cryptocurrency community has been discussing mining centralization after a report was published that disclosed five mining operations command more than 50% of the BTC hashrate. At the time of publication, between F2pool, Poolin, Btc.com, and Antpool, the pools are hashing more than 59% of the BTC network hashrate. Also read: Bitcoin Verde’s New Project […]

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Bitcoin.com Update: Dev Fund Proposal ‘Will Not Go Through’ Without More Agreement

Bitcoin.com Update: Dev Fund Proposal 'Will Not Go Through' Without More AgreementThe BCH infrastructure funding proposal initially announced by Jiang Zhuoer on January 22 will not go through as planned without greater agreement in the Bitcoin Cash community, Bitcoin.com has announced via a read.cash post uploaded today. Also Read: Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan Bitcoin.com Will Not Support Plan Without Greater Agreement […]

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Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan

Heated Debate Continues Over Bitcoin Cash Infrastructure Funding PlanLast Wednesday, the founder of the mining operation Btc.top announced a proposal that would fund Bitcoin Cash (BCH) development over the course of six months. Over the last five days, the funding plan has been the most dominant conversation within the BCH ecosystem, as supporters debate the merits of the miner’s proposal. This week, BCH […]

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Bitcoin Cash Miner Jiang Zhuoer Answers Infrastructure Funding Questions

Bitcoin Cash Miner Jiang Zhuoer Answers Infrastructure Funding QuestionsOn Wednesday, Btc.top founder Jiang Zhuoer disclosed that five mining operations had plans to donate roughly $6 million in coinbase rewards (depending on market prices) to developers building Bitcoin Cash infrastructure. The news was met with mixed reviews as some of the specifics of the deal were scrutinized and the miner funding subject has been […]

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Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block Rewards

Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block RewardsA group of Bitcoin Cash mining pool operations have decided to help fund BCH infrastructure development. On January 22, Btc.top founder Jiang Zhuoer revealed that five mining pools are preparing a short-term developers donation plan. Miners from Btc.top, Bitcoin.com, Viabtc, Antpool, and Btc.com plan to give “12.5% of [the] BCH coinbase rewards to a fund […]

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