Miners

Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say

</header> <strong>Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter.</strong> Also Read: US, EU and UK Companies Can Now …

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How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago

<header class=”article__header”> </header> <strong>On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today.</strong> Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The 11th …

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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq

<header class=”article__header”> </header> <strong>Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters.</strong> Also read: …

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Stealth Miners on the BCH Network Attract Scrutiny

<header class=”article__header”> </header> <strong>In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and …

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Video Shows $10M Chinese Bitcoin Mining Farm in Flames

<header class=”article__header”> </header> <strong>During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed.</strong> Also Read: Central Banks in Panic Mode – Extreme Tactics …

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Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash

<header class=”article__header”> </header> <strong>Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units by mid-November. Meanwhile, the combined SHA256 hashrate …

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Human-Trafficking Expert Urges US Congress to Regulate Crypto Miners

Cryptocurrencies are helping to facilitate human trafficking, and thus should be regulated far more heavily than at present, an expert witness will tell a U.S. Senate subcommittee today. In written testimony, David Murray, vice president for product development and services at Financial Integrity Network, recommended that Congress create a new class of regulated financial institutions …

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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

<header class=”article__header”> </header> <strong>On August 19, the combined SHA-256 hashrate between the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant …

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Btc.top CEO Highlights the Benefits and ‘Golden Mean’ of Bitcoin Cash

<header class=”article__header”> </header> <strong>On July 23, the CEO of Btc.top, Jiang Zhuoer, debated Nchain’s chief scientist Craig Wright in regard to the civil war between <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BSV” target=”_blank” rel=”noopener noreferrer”>BSV</a> that took place in November. Amid the debate hosted by Bitkan, Zhuoer highlighted the top three advantages …

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How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste

</header> <strong>We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining is actually helping electricity producers prevent energy …

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