Mining 20/07/21 07:56 by Eduardo Próspero

Bitcoin Mining Museum Opens Its Doors In Venezuela. Is It The First-Ever?

The Caribbean nation of Venezuela keeps registering firsts on the book. They have arguably the first-ever CBDC, the infamous Petro, and now this. The first-ever Bitcoin Mining Museum. And even though ...
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Mining 19/07/21 22:27 by Brenda Ngari

Bitcoin Network Posts Its Fourth Consecutive Downward Adjustment Of Mining Difficulty

It hasn’t been this easy to mine bitcoin and earn rewards since January 2020. Bitcoin’s mining difficulty, a measure that determines how hard it is to mine the flagship cryptocurrency, saw anothe...
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Mining 19/07/21 21:00 by Hououin Kyouma

Bitcoin Miners Have Started Selling, Bear Market Ahead?

Bitcoin on-chain data has revealed that miners have started selling more BTC on exchanges, an indicator that a bear market could be ahead. Miners To Exchanges Flow Has Sharply Risen As pointed out by ...
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Bitcoin 18/07/21 21:02 by Olivia Brooke

Why BTC Dropping Below $30,000 Right Now Is More Bullish Than Bitcoin At $60,000

Usually, a drop in the price of an asset is interpreted as a loss for the asset and its investors. However, with the application of fundamental analysis, there could be some anomalies, and this might...
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Other 15/07/21 16:36 by News BTC

Why Does Business Need Decentralized Digital Ecosystems: Interview with DAO Consensus CEO Ilya Churakov

Ilya Churakov is the CEO of the global blockchain platform DAO Consensus, which aims to give businessmen around the world the opportunity for development and unlimited interaction. We asked Ilya a few...
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Mining 14/07/21 21:52 by Brenda Ngari

Anhui Becomes The Sixth Chinese Province To Clamp Down On Bitcoin Mining

To say 2021 has been a rough year for Chinese crypto miners would be a big understatement. The country’s increased crackdown on crypto mining has essentially paralyzed an industry that accounts for...
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Mining 14/07/21 04:03 by Taylor Scott

3,000+ PlayStation Consoles Discovered In Raid, Modified To Mine Crypto

We’ve seen esports and gaming get integrated in the crypto landscape left and right lately – but not quite in ways like this. Thousands of PlayStation consoles were  last week modifie...
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Altcoins 08/07/21 19:24 by Newton Gitonga

‘DOGE Father’ Elon Musk May Have Just Lost The Ultimate Pump Power For Dogecoin

Elon Musk, who famously refers to himself as “The Dogefather” in the crypto space seems to be fast losing traction with his “investor” followers on social media platforms for the past few wee...
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Mining 08/07/21 14:05 by Ruholamin Haqshanas

Bitcoin Miners Receive Major Boost In Revenue Following ‘Great Hashrate Migration’ – What’s Next For BTC Price?

Bitcoin price was trading slightly higher this past week, though still lower by around 50% compared to its peak around mid-April. Price mostly fluctuated between $32k to $37k levels, designating that...
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Mining 06/07/21 15:47 by David Kariuki

Great Migration of Bitcoin Hashpower Sees 50% Of Miners On The Move – A Look At The Magnitude Of This Event On The Market

The largest drop in Bitcoin mining hash power in history – 38% to 49% in total was experienced last week. The event has so far seen 50% of cryptocurrency miners going offline or migrating from Chin...
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Mining 05/07/21 15:53 by Asad Gillani

Marathon Digital Holdings Reported A 17% Spike In Bitcoin Mining

The Bitcoin mining company, Marathon Digital Holdings recently revealed that the company mined a whopping 265.6 Bitcoins in June alone. This number of BTC in June alone exceeds what the company had in...
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Mining 04/07/21 20:42 by PR DESK

Utopia’s Approach to Cryptocurrency Mining

Mining cryptocurrencies is one of the most notable and inevitable activities in the crypto space. Cryptocurrency mining is as old as the evolution of Bitcoin being the first decentralized cryptocurre...
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Mining 03/07/21 21:17 by Newton Gitonga

“We Want You In Wyoming,” U.S. Senator Tells Bitcoin Miners

Outspoken conservative Republican Senator Cynthia Lummis has invited Bitcoin miners to her state of Wyoming. Speaking to CNBC, she expressed her approval of the ability of Bitcoin mining to use ab...
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Bitcoin 03/07/21 16:16 by Brenda Ngari

Enthusiasts Dare Elon Musk To Prove Bitcoin Is Bad For Environment Following Gas Pipeline Blaze In Gulf Of Mexico

A fire erupted on the surface of the Gulf of Mexico on Friday after a gas leak from an undersea pipeline, reports said. Videos of bright orange flames spewing out of the ocean like an apocalyptic mov...
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Bitcoin 02/07/21 20:32 by Adrian Klent

This Country Just Lost Its Only Chance At Becoming The World’s Largest Bitcoin Producer

A prominent Bitcoin proponent has taken to Twitter to point out that China, with its crackdown on Bitcoin miners in the country, has lost its chance to become the highest producer of Bitcoin. Bitc...
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Crypto 02/07/21 20:21 by Brenda Ngari

Iran To Ban The Use Of Crypto In Payment Transactions

In what might be yet another door slamming shut to the use of cryptocurrencies including bitcoin for payments in mainstream commerce, Iranian lawmakers have drafted a bill dubbed “Support for Crypt...
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Mining 02/07/21 14:56 by Eduardo Próspero

Controversial Bitcoin Mining Council Confirms “Sustainable Power Mix”

The Bitcoin Mining Council is back at it. The controversial initiative lead by Michael Saylor presented “the findings of its first quarterly survey focused on two important metrics: electricity ...
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Mining 30/06/21 23:05 by Adrian Klent

U.S Senator Spots Major Loophole Following China’s Bitcoin Mining Crackdown, But Will The U.S Tap In?

Cynthia Lummis, a US senator representing Wyoming recently took to Twitter to express her opinion on the recent developments with China-based miners, who have relocated. She called the actions of the...
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Mining 30/06/21 19:55 by Hououin Kyouma

Poolin Reward Tokens Plummet In Response To China Bitcoin Mining Exodus

Following China’s bitcoin mining crackdowns, Poolin has suspended rewards for its tokenized hashrate contracts. The wBTC and wETH rewards are on pause until “less than 60 days”, as p...
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Mining 30/06/21 18:54 by Ruholamin Haqshanas

What To Expect From Bitcoin Mining Difficulty Plunging 25% In Largest Downward Adjustment In History

Bitcoin mining difficulty, an attribute of Bitcoin that indicates how challenging it is to mine a new block, is poised to plunge by more than 25%. This historic drop comes as the out-turn of China...
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Bitcoin 28/06/21 16:08 by Collins K.O

No New Whales? See On-Chain Analyst Will Clemente’s Puzzling Weekly Bitcoin Decryption

Revered crypto analyst, Will Clemente, last week, tossed the world of Bitcoin into a test tube to analyse what’s changed in the behaviour of the striding coin over the last seven days. The outcomes...
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Mining 25/06/21 12:41 by Eduardo Próspero

Bitcoin Hash Rate Goes On Death Spiral Post China’s Crackdown On Miners

The great Bitcoin miners migration is well underway. And the network’s total hash rate is showing it in a big way. Currently, the number of terahashes per second is at its lowest level in the la...
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Bitcoin 22/06/21 14:55 by Adrian Klent

MicroStrategy’s Saylor Close To Being At A Net Loss With His Bitcoin Investments, ‘CryptoWhale’ Asserts

There has been speculation by Crypto analyst ‘CryptoWhale’, that the CEO of MicroStrategy, Micheal Saylor, is close to incurring a net loss from the company’s investment in Bitcoin,...
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Bitcoin 21/06/21 20:46 by Olivia Brooke

As ‘Death Cross’ Comes For Bitcoin, Crypto Market Pundit Reveals What To Expect In The Coming Months

The pullback from Chinese regulators to Bitcoin miners in the country has greatly affected the market. Bitcoin and other altcoins have so far recorded as much as 50% in losses and the market is antic...
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Mining 19/06/21 21:27 by Reynaldo Marquez

Bitcoin Mining In China To Usher Historic Moment, Will BTC Be Affected?

Sino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn...
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Mining 18/06/21 19:30 by Best Owie

Bitcoin Mining Council: We Need To Tackle Negative Media Narratives

The Bitcoin Mining Council has publicized its aim to tackle negative media narratives. In its inaugural meeting which was hosted on Twitter Spaces, the council discussed bad press that has been surrou...
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Bitcoin 18/06/21 18:08 by Reynaldo Marquez

Why China’s Crackdown On Bitcoin May Be Just Beginning

Bitcoin mining activities might be coming to an end as the industry is used to knowing them. The Asian giant has decided to step up its regulations on this sector; many miners have decided to migrate ...
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Mining 18/06/21 15:55 by Brenda Ngari

Chinese Authorities Order Shutdown Of 26 Bitcoin Mining Farms In Sichuan

Authorities in China have ordered the closure of crypto mining farms in Ya’an, a prefecture city in Sichuan that has emerged as a key crypto mining center. The order comes on the heels of Beijing�...
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Mining 14/06/21 06:44 by Brenda Ngari

Tesla Will Reinstate Bitcoin Payments Once Green Energy Usage By Miners Reaches 50%, Elon Musk Reveals

Elon Musk, who has become an influential force in the cryptocurrency market, said in a tweet on Sunday that Tesla will resume accepting bitcoin as payment for purchases of its electric vehicles once ...
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Altcoins 12/06/21 23:31 by David Kariuki

Jack Dorsey Not Having It With Sen. Elizabeth Warren’s Negative Comment On Bitcoin

The debate on Bitcoin’s mining energy consumption doesn’t seem to be ending any time soon. Elizabeth Warren, the Massachusetts US senator has joined the conversation, saying that one of the ...
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