Cryptocurrency Analysis and News Portal
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region. The world’s largest crypto exchange is deploying a physical server node for its pool at BitRiver, the largest bitcoin mining hosting provider in Bratsk, Russia. The move would give miner owners
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Singaporean crypto derivatives exchange Bybit has announced that it will soon launch a bi-annual trading competition with a 200 BTC ($1.8 million) prize pool. Dubbed the “World Series of Trading” or WSOT, the contest lays claim to being the world’s largest cryptocurrency trading competition. The inaugural event will take place
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On-chain analytics firm Glassnode said Tuesday that “new” whales, or holders with upwards of $10 million in Bitcoin, are entering the market – considering the amount of BTC sold with no impact on price. Whales rising, but not richer In a release Tuesday, Glassnode said that despite Bitcoin “whales” increasing, they are
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Shortly after the launch of its own cryptocurrency mining pool, Binance is adding specialized features to it to help miners make more money.Earlier this month, Binance Pool launched a new feature called “Smart Pool.” It lets miners automatically switch hash rates to mine the most profitable of three supported coins
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It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation has slowed
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[sociallocker id="55298"] Poolin, the second largest bitcoin mining pool, is expanding its cryptocurrency lending and financial services businesses. The pool announced Monday that it has started working with U.S.-based crypto lender BlockFi, which will be acting like an interbank lender, providing a source of capital for Poolin. The firm initially rolled out
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Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively unknown mining
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New China-based mining pool Lubian accounts for 5.15% of the total Bitcoin (BTC) hash rate, just three weeks after processing its first block. The pool was originally spotted by BlockBeats, a Chinese blockchain news outlet, on May 12. Lubian is currently the sixth-largest mining pool, with a 6.30 EH/s hash rate,
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Leading cryptocurrency exchange Binance launched its mining pool "Binance Pool" on April 27. The pool will operate with zero fees until May 31, after which the rate will be set at 2.5%. The press release for the pool states that large miners can contact Binance to negotiate an extension of the
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Braiins, the creators of Slush Pool, has integrated new software into its BOSminer software suite, which is the first working implementation of the Stratum V2 protocol. The firm says the new software will improve the security and efficiency of mining pools, according to reports on April 6, 2020. Braiins Improving
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