Cryptocurrency Analysis and News Portal
A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. The Cambridge Centre for Alternative Finance (CCAF), which is based at the Cambridge Judge Business School, said Wednesday the Bitcoin Mining Map would visualize countries'
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Iranian authorities have licensed Turkish Bitcoin mining giant, iMiner, to begin operations in the country. iMiner to Operate Bitcoin Mining Facility in Iran According to a report from a local news outlet, Tabnak, in late April 2020, Iran’s Ministry of Industry, Mine and Trade granted a bitcoin mining license to iMiner, which
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As BTC halving is expected to happen next week, Bitcoin network’s mining difficulty has reached close to its all-time high of 16.55 trillion. Bitcoin’s mining difficulty adjusts itself every two weeks or every 2016 blocks depending on the competition in each adjustment cycle.We are just seven days from one of
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iMiner, a Turkey-based company, has been granted a license to mine cryptocurrencies in Iran.Local news source Tabnak news reported on April 28 that iMiner has the green light from the nation's Ministry of Industry, Mine and Trade to operate up to 6,000 mining rigs in the city of Semnan.The mining
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Bitcoin mining difficulty – a measure of how hard it is to compete for block rewards – has neared an all-time high in the network’s last adjustment before the halving happens in roughly seven days.The world’s largest blockchain network by market capitalization just adjusted its mining difficulty to 16.10 trillion
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Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total.According to media reports, the miner has spent $7.3 million setting up the mining facility, located in Iran’s
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Showtime released the first episode of the fifth season of financial drama series “Billions,” which opened with a Bitcoin mining bust.The new season, based on the life of the former New York District attorney Preet Bharara, began on May 3 with a plot revolving around a group of cryptocurrency miners
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Crypto research firm, TokenInsight, has published a report covering the crypto mining industry during the first quarter of 2020. The report emphasized swings in Bitcoin (BTC)’s hash rate and the phasing out of older ASIC models.However, volatility has had a greater impact on Chinese miners — with Antminer S9s becoming
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Argo Blockchain, a bitcoin mining firm listed on the London Stock Exchange, reported stellar 2019 earnings Wednesday. The company attributed its success to cutting off its consumer-facing arm and focusing on mining some 1,330 bitcoin (BTC) on the year.In its full-year results, Argo said 2019 revenue was up 11-fold from
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With bitcoin's price jumping to a two-month high above $9,000, even mining equipment thought obsolete is becoming profitable again, at least for a short time.According to the miner profitability index, tracked by mining pools PoolIn and F2Pool, older mining rigs, such as Bitmain's AntMiner S9 or Canaan's Avalon A851, can
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