BTC.top Launches ‘Joint Mining’ Platform, Pitching It as a Cloud Mining Killer
The Chinese mining pool is offering an alternative to cloud mining, charging fees only after their equipment starts to pay for itself. Go to Source Powered by WPeMatico
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Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia
Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle between the Bitmain cofounders. For many years now Bitmain has been … Read more
Illegal Crypto Mining is Booming in the Republic of Abkhazia
The republic still allows the import of crypto mining rigs despite the ban. Go to Source Powered by WPeMatico
10,000 Antminers Go ‘Missing’ in Latest Chapter of Bitmain Power Saga
Former Bitmain staff have been accused of “illegally” moving 10,000 Antiminers from a company-owned mining facility in Mongolia. Go to Source Powered by WPeMatico
2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners
Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, … Read more
Vitalik Buterin Warns High Fees Threaten Ethereum’s Security
As Ether transaction fees hit 100 gwei, the project’s co-founder warns that a failure to respond could undermine the security of the network. Go to Source Powered by WPeMatico
New Satoshi Stash Estimate Claims Creator Mined $10.5B Worth of Bitcoin
On Monday, the blockchain trackers and researchers from Whale Alert published a new research report about the infamous fortune allegedly owned by Satoshi Nakamoto. Researchers estimate that Bitcoin’s creator possibly mined coins up to block 54,316, capturing 1,125,150 BTC or $10.5 billion using today’s exchange rates. For years now armchair sleuths and researchers have tried … Read more
US State of Texas Saddles Up to Become the Next Blockchain Capital
Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities. Go to Source Powered by WPeMatico
$10.9 Billion Bitcoin Stash Proves Satoshi Is Still the Biggest Whale
Analysts estimate Satoshi mined $10.9 billion worth of Bitcoin to keep the network safe but will these BTC ever be spent? Go to Source Powered by WPeMatico
Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas. The United Socialist Party of Venezuela has decided to not allow cryptocurrency mining in specific neighborhoods, specifically … Read more