Binance Research: Non-Economical Reasons Motivate Bitcoin SV Miners
Research conducted by major crypto exchange binance suggests that the motivation driving Bitcoin SV miners is non-economic in nature Go to Source Powered by WPeMatico
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Two Russians Charged With Illicitly Mining Crypto on State Hardware
Two unnamed individuals reportedly infected hardware at Russian state organizations with a program that mines cryptocurrency via a web browser Go to Source Powered by WPeMatico
TikTok Has 1st Viral Bitcoin Video as Owner Launches DLT Venture
ikTok records the first viral Bitcoin video after the firm’s owner reportedly launched a blockchain-related venture in China Go to Source Powered by WPeMatico
Chinese Court Freezes $676K in Assets of Bitmain Manufacturing Subsidiary
The Shenzhen Bao’An District Court in China has frozen $676,000 in assets of a Bitmain subsidiary Go to Source Powered by WPeMatico
Ex-Bitmain Chip Designer Reportedly Arrested for Alleged Embezzlement
A former leading chip designer at Bitmain has reportedly been arrested on suspicion of alleged embezzlement Go to Source Powered by WPeMatico
2019’s Bitcoin Miners Are 5x Faster Than Predecessors
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.” Advanced chip technology has grown relentlessly and it’s significantly bolstered ASIC device … Read more
Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. Also … Read more
Bitmain Expands in South America as Its Market Share Drops to 66%
The world’s top crypto mining hardware firm Bitmain expands its distribution in South America as its market share has been sliding Go to Source Powered by WPeMatico
Government of Abkhazia to Intensify Identification of Crypto Mining Farms
Abkhazia looks to crack down on illegal cryptocurrency mining Go to Source Powered by WPeMatico
IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian
According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining Trust I, reportedly allow for investors to gain wrapped exposure to bitcoin and to … Read more
