Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty
Bitcoin’s mining difficulty recently spiked, while miners hold larger piles of Bitcoin than usual. Go to Source Powered by WPeMatico
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Bitcoin’s mining difficulty recently spiked, while miners hold larger piles of Bitcoin than usual. Go to Source Powered by WPeMatico
On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang IPO prospectus was also updated on June 17, raising the … Read more
Micree Zhan released a scathing letter directed towards fellow Bitmain co-founder Jihan Wu, offering to buy out control of the company. Go to Source Powered by WPeMatico
On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term.” There’s still a number of SHA256 mining rig manufacturers today, and regional reports claim that the … Read more
Ebang will reportedly get listed on Nasdaq on June 26, hoping to raise $125 million in an initial public offering. Go to Source Powered by WPeMatico
Bitcoin Cash proponents have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is essentially the first mineable implementation of colored coins on Bitcoin Cash. Mist allows participants to mine the SLP tokens “using proof-of-work to help decentralize allocation of newly minted tokens.” It … Read more
A deeper dive into the story involving a potential scam operation paying millions in ETH transaction fees twice in a row. Go to Source Powered by WPeMatico
Ethereum miners consider increasing the block gas limit, which has both advantages and drawbacks for the network. Go to Source Powered by WPeMatico
F2Pool returns about $500,000 in abnormal ETH transaction fee to its sender after encountering the issue on June 11. Go to Source Powered by WPeMatico
As the network gets readjusted, and Bitcoin mining difficulty increases, older generations of mining machines might be out again. Go to Source Powered by WPeMatico