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Cyprus-based COSD LLC company has established new technological paradigms for the crypto mining market with the introduction of its CoinFly ecosystem. The system offers robust functionalities for the optimization of mining operations. New paradigms have surfaced in the crypto mining sector thanks to CoinFly, a robust mining system that provides miners an added advantage. The … Read more
The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly the same. Go to Source Powered by WPeMatico
Bitcoin network hash rate experienced some decline, but the first difficulty adjustment post-halving will still see a positive adjustment Go to Source Powered by WPeMatico
Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations. Go to Source Powered by WPeMatico
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116 BTC, down 54% from the 2,405 … Read more
A report indicates that despite concerns over mining after the halving, the health of the Bitcoin network remains excellent. Go to Source Powered by WPeMatico
A new Chinese mining pool swiftly takes 5% of the Bitcoin mining pie, while its origins remain unknown. Go to Source Powered by WPeMatico
Multinational mining titan BHP Group expects to complete its first blockchain iron ore transaction with major Chinese steel producer Baosteel in the near future. Go to Source Powered by WPeMatico
Bitcoin miners are not likely to see capitulation and especially a “mining death spiral” after the 2020 halving due to four major reasons. Go to Source Powered by WPeMatico
Biotech firm-turned-Bitcoin miner Riot Blockchain disclosed strong results for Q1 2020 in its latest quarterly report filed with the U.S. Securities and Exchange Commission. Go to Source Powered by WPeMatico