ASIC Repair Technician Certification Coming to the US
Bitmain and Core Scientific partner to offer the first certification courses in the U.S. Go to Source Powered by WPeMatico
mining
Auto Added by WPeMatico
Russia’s Biggest Bank is Buying 5000 Blockchain ATMs That Can Mine Crypto
Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs … that are capable of mining cryptocurrency. Go to Source Powered by WPeMatico
Goldbugs Better Buying Mining Stocks, Bitcoiners Can Stick to Bitcoin
Over the past year, stock in four major gold mining companies have averaged triple the returns of physical gold, whereas Bitcoin mining companies have tended to underperform Bitcoin. Go to Source Powered by WPeMatico
1000 Corporate Systems Infected With Monero Mining Malware
Thousands of enterprise computers have been infected with a cryptojacking malware that installs a Monero mining app. Go to Source Powered by WPeMatico
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to a value of 60 points. Simultaneously, … Read more
Bitfury Launches Mining Investment Solutions for Institutions
Bitfury is opening the company up to institutional investment, which it says will help family offices and others to diversify their holdings with Bitcoin mining. Go to Source Powered by WPeMatico
Examine the Bitcoin First Difficulty Adjustment Post 2020 Halving
It will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth. Go to Source Powered by WPeMatico
Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. Go to Source Powered by WPeMatico
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s President Hassan Rouhani told the press that the country needs to spur a cryptocurrency mining strategy, … Read more
Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss. Demand slumped … Read more