Bitcoin Mining Roundup: BTC Regains 100 Exahash, Miners Close Shop, Pre-Halving Shake-Up
In 44 days, BTC miners will face the third reward halving as the block subsidy will soon shrink from 12.5 to 6.25
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Mining
US Holding Firm Halted Mining Business After Bitcoin Crashed Below $4K
Although the cryptocurrency markets have slightly recovered following massive sell-offs in mid-March, Bitcoin’s (BTC) faltering price has led to notable miner instability and closures.Soon after Bitcoin dropped below the $4,000 threshold on March 13, DPW Holdings, a Nasdaq-listed holding company, announced that it is temporarily shutting down its cryptocurrency
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Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders
On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins
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Is Staking the Answer to Cryptocurrency’s Mining Problems?
For a tech that was supposed to be democratic and distributed in order to free financial systems from the grip of government-influenced banks and return control of the money supply to the people, cryptocurrencies have turned out to be pretty concentrated. Some 66% of all Bitcoin (BTC) mining now takes
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Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of
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OKEx Pool Among Top 5 Mining Pools, Charts Future Path for the Industry
OKEx Pool, a global integrated mining pool from OKEx, is offering a one-stop mining and trading service for its users from across the world. The mining pool, not confined to any one specific cryptocurrency, is known for the variety of mining services it offers for Proof-of-Work (PoW), Proof-of-Stake (PoS) and
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Hive Expands Ether Mining by 20%, Not Worried by Proof-of-Stake
Cryptocurrency mining company Hive Blockchain Technologies announced a two-phase plan to expand its Ether (ETH) mining operations at the company’s flagship GPU-based facility in Sweden by more than 20%.In a press release, Hive describes the current moment as “an opportune time” to expand its ETH mining capacity. Hive’s Swedish
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Bitcoin Quickly Bounces After Price Loses Crucial $7,700 Mining Support
If you were around earlier this hour, you likely noticed the brief panic on Twitter when Bitcoin fell under $7,600; that was the lowest the cryptocurrency had traded at in literal weeks, not to mention it fell under crucial support.Though, over the past 20 minutes, the cryptocurrency has bounced, rapidly
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Genesis Mining Rejects $3.1 Million Suit From Former Contractor
Two firms in the cryptocurrency space are at legal loggerheads regarding millions of dollars in purportedly unpaid invoices.On September 30, 2019, the London-based payments company Digital Capital sued Genesis Mining over allegedly failing to pay 2.4 million pounds (roughly $3.1 million) in unpaid invoices for its development and maintenance
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Hash Rate and Bitcoin Price During Mining Events: Are They Related?
On Saturday Bitcoin (BTC) price dropped below $9,000 again, increasing the uncertainty surrounding future price estimates and reminding investors that the Coronavirus continues to impact markets across the world.Cryptocurrency market daily performance. Source: Coin360Interestingly, Bitcoin’s hash rate reached an all-time high on March 5 - 157 quintillion hashes per
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