Bitcoin hashrate triples since June 28 in recovery from China syndrome
Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown. Go to Source Powered by WPeMatico
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Riot Blockchain reports 1,540% increase in quarterly revenue from Bitcoin mining
Riot Blockchain netted $19.3 million in income for Q2 following its acquisition of Texas mining facility, Whinstone. Go to Source Powered by WPeMatico
Crypto mining needs to be redefined before simply casting it away
To ensure a sustainable future for blockchain and crypto, we need to reimagine the mining process and restructure PoW systems. Go to Source Powered by WPeMatico
Nvidia fails to sell as many crypto-mining GPUs as expected in Q2
The company expects a minimal contribution from its cryptocurrency mining processor sales going forward. Go to Source Powered by WPeMatico
Venezuelan Authorities Reconnect Affected Bitcoin Miners to Power Grid
Venezuelan authorities have reconnected affected bitcoin miners to the power grid in Carabobo state, after having been disconnected for undisclosed causes. Sunacrip, the cryptocurrency watchdog in the country, mediated between the regional power utility authorities and the affected miners, and managed to exert pressure to reconnect these miners, who were disconnected last week. Venezuelan Bitcoin … Read more
Mining software appears to have cracked Nvidia’s Lite Hash Rate algorithm
The exploit reportedly unlocks up to 70% of the original graphic card mining power. Go to Source Powered by WPeMatico
Crypto miner Argo Blockchain goes ‘climate positive’ on greenhouse gas emissions
Environmental sustainability continues to be top of mind for cryptocurrency miners after Elon Musk drew negative attention to the industry earlier this year. Go to Source Powered by WPeMatico
Analysts say $46,500 is the key level for Bitcoin to flip to support
Bitcoin’s fundamentals remain strong but analysts pinpoint $46,500 as the key level to reclaim as support in order to preserve the current uptrend. Go to Source Powered by WPeMatico
Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says
With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider accommodating crypto trade when digital assets are regulated. Capital Market Regulator to Look Into Crypto Trading if Central Bank Regulates … Read more
No gear, no problem! 3 ways to earn Bitcoin through cloud mining and staking
Operational costs are high, but Bitcoin miners are making money hand over fist. Here’s how to join them and profit. Go to Source Powered by WPeMatico
