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Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American … Read more
Crypto mining company Great North Data has reportedly submitted bankruptcy documents, listing millions in liabilities Go to Source Powered by WPeMatico
Kazakhstan’s lawmakers won’t be taxing crypto mining until the mined crypto is exchanged for fiat money, a report says Go to Source Powered by WPeMatico
Ethereum’s proposed Muir Glacier hard fork would delay the impending Ice Age mechanism Go to Source Powered by WPeMatico
Monero has completed its hard fork and has introduced RandomX, a new ASIC-resistant mining algorithm Go to Source Powered by WPeMatico
Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh but older mining rigs … Read more
Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns, and systemic risks.” The authors state that silicon photonics could be used to shift mining … Read more
Recently, cryptocurrency advocates have been discussing the upcoming halvings set to happen on the BTC and BCH blockchains in six months or less. Since crypto prices have been heading southbound, the SHA256 consensus hashrate continues to remain relatively unfazed and data stemming from freshly minted coins shows miners have been stockpiling. Also Read: Iranian Grid … Read more
A new hacking campaign is targeting Docker platforms that have API endpoints exposed online to mine Monero Go to Source Powered by WPeMatico
A new analysis of Bitcoin mining has pointed to the importance of accounting for renewable energy sources, as opposed to earlier “blanket” assumptions Go to Source Powered by WPeMatico
