Cryptocoins News / NewsBTC - 3 years ago
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 per a blog post from Poolin.
Poolin Pauses Rewards...
Bitcoin News / Bitcoin.com - 3 years ago
Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limite...
Cryptocoins News / The Cointelegraph - 3 years ago
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation. Bitcoin’s reliance...
Cryptocoins News / The Cointelegraph - 3 years ago
The U.K.-based mining firm's announcement comes amid the country's Financial Conduct Authority cracking down on crypto exchanges. Galaxy Digital has issued a $20 milli...
Bitcoin News / Bitcoin.com - 3 years ago
Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of the sharpest declines in the network. This might be a consequ...
Cryptocoins News / The Cointelegraph - 3 years ago
Tehran Province, which houses Iran’s capital, was awarded only one license to operate a crypto mining center. Iran’s Ministry of Industries, Mining and Trade issued op...
Cryptocoins News / The Cointelegraph - 3 years ago
Bitcoin network fundamentals reflect the mass mining migration underway this month, but BTC price action still makes gains. Bitcoin (BTC) starts a new week with a key...
Bitcoin News / Bitcoin.com - 3 years ago
John McAfee was reportedly hiding out in a Spanish “ghost hotel” with a bitcoin mining farm in the basement prior to his arrest. Clues from images and messages the antivirus tycoon posted on social media point to a semi-abandoned hotel ow...
Bitcoin News / Bitcoin.com - 3 years ago
On Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s three days ago. Meanwhile, in five days the network’s mining difficulty change is approaching and it co...
Bitcoin News / Bitcoin.com - 3 years ago
Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the co...
Cryptocoins News / CoinJournal - 3 years ago
June has delivered the best of both sides of the cryptocurrency sector. With only a few days left to wrap up the month, here is a summary of the most interesting stories that have happened so far.
UK’s TSB Plans to Ban Cryptocurrencies
Crypto c...
Cryptocoins News / The Cointelegraph - 3 years ago
A look at miners shifting hardware overseas, Amber raises $100m, and Bitmain temporarily shuts down sales among dropping hashrate sales. This weekly roundup of news fr...
Bitcoin News / Bitcoin.com - 3 years ago
While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesda...
Cryptocoins News / CoinJournal - 3 years ago
Miners relocating out of Bitcoin mining regions in China have flooded the market with second-hand mining machines to the detriment of Bitmain’s new devices.
Most miners are now looking to move to Texas or Kazakhstan
Bitmain Technologies Ltd, a...
Bitcoin News / Bitcoin.com - 3 years ago
Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already deployed in the world...