Cryptocurrency Analysis and News Portal
Last updated:February 19, 2020Bitcoin’s firm 2020 uptrend has led many analysts to question what types of fundamental and technical events could help bolster its mid-term price action and propel the cryptocurrency higher, and naturally its upcoming mining rewards halving is one such event that is widely looked upon as being
Read More
The prices of bitcoin have been standing firmly above 9500 levels as markets are less than 100 days away from the highly anticipated bitcoin reward halving event. While traders could have been expecting a positive price trajectory as the halving approaches, miners could find themselves in a completely different story,
Read More
The hype cycles around cryptocurrencies are comparable in their ups and downs to the British weather. This is primarily due to high volatility, which can reduce the entire stash of a potential investor to almost nothing. Those who believe in the growth and prospects of cryptocurrencies are constantly in search
Read More
A recent poll revealed community support for Zcash mining reward changes, which will take effect in November 2020. With the Zcash Founder’s Reward terminating in November, the privacy asset’s mining situation has come into question, a blog post from one of the project's supporters, Electric Coin Company, or ECC, said
Read More
The Securities and Exchange Commission (SEC) has filed suit against Donald G. Blakstad for scamming investors partly through an allegedly fraudulent crypto mining operation.In a filing Jan 8, the SEC alleged that Blackstad, 60, bilked over $3.5 million from investors of three separate firms: an oil and gas company; a
Read More
Canadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia. Per a Jan. 6 press release, DMG has purchased the new miners from Chinese mining giant Bitmain, with the total power consumption of approximately 1.5 megawatts. Initially announced
Read More
SBI Holdings and GMO Internet are all geared up to launch a massive Bitcoin mining facility in Rockdale, Texas. This supports a very strong narrative at play in the Bitcoin mining industry. More and more miners have moved away from Asia are migrating to the United States. Texas, in particular,
Read More
Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the launch of its BETA version and the opening of the Staking function. The first four staking products include KCS-30, TRX-30, XTZ-30, and ATOM-Flexible. In addition to receiving Staking rewards, participating users can also
Read More
The Japanese financial giant SBI Holdings Inc. and internet corporation GMO Internet Group will mine the number one crypto. To mine Bitcoin, SBI and GMO will rent capacity of the world’s leading mining farm based in Rockdale, Texas. As Bloomberg has reported, the companies have agreed with Whinstone Inc., a
Read More
Micree Ketuan Zhan, the co-founder of Bitmain who was recently dismissed by Bitmain’s current CEO Jihan Wu, has publicly opposed layoffs at the firm.As Bitmain — the world’s largest cryptocurrency mining firm — is reportedly planning to cut its workforce by 50% before the next Bitcoin (BTC) halving, Zhan
Read More