Researcher: Exchanges Could Fight Hackers By Renting Mining Power
A researcher suggested that exchanges could “rollback” hacks by renting mining power from online marketplaces. Go to Source Powered by WPeMatico
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Venezuelan Authorities Seize Over 300 Bitcoin Mining Machines
Venezuelan authorities confiscated 315 Bitcoin mining systems. Go to Source Powered by WPeMatico
Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain
A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd. Go to Source Powered by WPeMatico
Bitmain Pulls Schrödinger’s Act as Power Struggle Reaches New Heights
Bitmain is having a Schrödinger moment as official accounts make contradictory statements on payment details. Go to Source Powered by WPeMatico
Vulnerability in Ravencoin Creates Extra 1.5% of Maximum Supply for Hackers
An issuance vulnerability resulted in the creation of an extra 5% of Ravencoin’s current supply. Go to Source Powered by WPeMatico
Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin
While shares in Riot Blockchain and Hive Blockchain eclipse Bitcoin’s YTD gains, other mining firms have not fared so well — with Canaan crashing nearly 70%. Go to Source Powered by WPeMatico
$5.3b Asset Manager Invests in US-Hosted Antminer S19s
Two weeks after announcing it had purchased a record 17,595 Antminer S19 ASICs, Core Scientific has announced an expanded partnership with a multi-billion hedge fund. Go to Source Powered by WPeMatico
Mining Company Ebang’s Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange
The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U.S. initial public offering (IPO) by selling company shares. Since the initial sale on opening day, Ebang’s Nasdaq-listed “EBON” is down 11.5%. So far, the … Read more
Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise
Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price of $1.45 each. Each unit is comprised … Read more
Bitcoin’s 5% Drop in Value Puts Pressure on BTC Mining Operations and Older ASIC Rigs
During the last seven days, the price of bitcoin has dropped 4.8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before. The lower price has affected … Read more