Bithumb Shares Insights on That $2.6M ETH Transaction
According to Bithumb, the Ether that paid a $2.5 million transaction fee ended up in its coffers. Go to Source Powered by WPeMatico
mining
Auto Added by WPeMatico
Botnet Exploits SQL Servers to Install Crypto Mining App
Sophos revealed recent botnet attacks breach Microsoft SQL server databases to install a well-known Monero mining app. Go to Source Powered by WPeMatico
A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older bitcoin mining machines are becoming useless. … Read more
Bitfury to Launch Bitcoin Mining Fund for Institutional Investors in Japan
Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month. Go to Source Powered by WPeMatico
Bitmain Struggle Continues as Ousted CEO Reportedly Halts ASIC Deliveries
Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office. Go to Source Powered by WPeMatico
Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity
Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network. Go to Source Powered by WPeMatico
Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition
The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once again. Moreover, Glassnode statistics show that blocks are being produced at … Read more
‘Bullish’ — Struggling Miners Done Selling Their Bitcoin, Says Analyst
Bitcoin’s Miner Outflow Multiple shows that buoyant miners are keeping their coins and weaker players have none left to sell, argues Tuur Demeester. Go to Source Powered by WPeMatico
Antminer T19 May Not Affect Bitcoin Hash Rate but Keeps Bitmain Ahead
The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty. Go to Source Powered by WPeMatico
Kyrgyzstan Poised to Legitimize Crypto Mining
Kyrgyzstan’s parliament is deliberating on a tax regime for miners that would be the country’s first regulated framework for crypto activities. Go to Source Powered by WPeMatico
