Hash Rate Spike Relates to BTC Price, but Halving Throws Miners Off Their Game
According to many crypto pundits, Bitcoin’s price doesn’t necessarily have to increase dramatically following a hash rate spike Go to Source Powered by WPeMatico
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Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of 106 petahash of hashpower to an undisclosed buyer. The purchase is considered … Read more
New York Power Plant Sells Bitcoin Hashpower to Institutional Investors
A New York mining facility has sold 106 petahash of computing power using a new, regulated instrument: a Bitcoin hashpower contract Go to Source Powered by WPeMatico
Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline
Bitcoin Cash sees its first halving since the hard fork from BTC dented by hash rate decline due to miner exodus — but proponents remain upbeat Go to Source Powered by WPeMatico
BCH Post Halving: Two Hour Blocks, Hash Rate Hit
The time between blocks on the BCH network stretched to two hours following the halving. What will happen to the hash rate from here? Go to Source Powered by WPeMatico
Texas Regulator Spots Crypto Firm at Fraudulent COVID-19 Charity Claims
The Texas State Securities Board issues an emergency action against an alleged crypto mining scam making fraudulent COVID-19 charity claims Go to Source Powered by WPeMatico
Cooking Mama Developer Denies Rumours it Mines Crypto
Rumors circulating that a Nintendo Switch game is being used to hijack consoles to mine crypto appear to be unfounded Go to Source Powered by WPeMatico
Bitcoin Cash Halving in T-Minus 16 Hours, BSV to Follow
As Bitcoin’s halving lies about a month away, two of its forks, BCH and BSV will halve this week Go to Source Powered by WPeMatico
Crypto Miner Bitfarms Cuts Costs and Reduces Staff Due to COVID-19 Crisis
Canadian mining firm Bitfarms is temporarily cutting its workforce as part of its efforts to weather the COVID-19 pandemic Go to Source Powered by WPeMatico
Major Chinese Mining Pool Drops out of BTC Mining Race, Looking to Altcoins
One of the top Chinese pools has dropped out of BTC mining race due to Bitcoin price pressure Go to Source Powered by WPeMatico
