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“# China’s leadership in the Bitcoin mining industry will be challenged ” If you talk about Bitcoin (BTC) mining, you have to talk about China. China has become a giant in the Bitcoin mining ecosystem with major mines and pools, quick, cheap labor and a majority control of the world’s hashing power. So, should you go…
“# Listed firm sells $14M of shares for 1 EH/s in Bitcoin mining power ” The Nasdaq-listed Bitcoin (BTC) mining company Bit Digital has announced it will issue $13.9 million in shares in exchange for mining hardware. According to a Nov. 11 announcement, Bit Digital has inked asset-purchase agreements with non-U.S. investors to issue 4,344,711…
“# ‘Slippery slope’ as new Bitcoin mining pool censors transactions ” Blockchain analytics platform BlockSeer has launched the private beta version of a new Bitcoin (BTC) mining pool (Blockseer Mining Pool) that censors transactions from blacklisted wallets. The pool will use BlockSeer and Walletscore’s labeling data among other verified sources, such as the United States…
“# Bitcoin fees plummet as mempool clears to zero ” The Bitcoin network mempool shrank to its smallest size since mid-October this week after the network’s hash power soared. The clear mempool meant that that thousands of stuck transactions pending confirmation were included in recent blocks, leaving very few unconfirmed transactions still outstanding. The spike…
“# Bitcoin is peerless thanks to early distribution, CoinMetrics analysts argue ” Thousands of different cryptocurrencies have arisen in the since Bitcoin’s (BTC) 2009 genesis block. Even though newer assets come with different technology and new bells and whistles, Bitcoin still has an upper hand in a key category, according to a November report from crypto…
“# Big mining move: Bitcoin’s hash power increases 42% in two days ” The hash power of the Bitcoin (BTC) network has jumped by roughly 30% over the past 24 hours, which if sustained, suggestsg a major difficulty adjustment may soon be incoming. According to Coinwarz, Bitcoin’s hash rate currently sits at 157.5 exahashes per…
“# Grin network hit with 51% attack while GRIN token remains resilient ” Grin, a privacy-focused cryptocurrency built on the Mimblewimble protocol, has just suffered a 51% attack on its blockchain. According to a Nov. 7 tweet from crypto mining group 2Miners, an unknown group accumulated 57.4% of the total hash power of the Grin…
“# Bitcoin miner revenue surges to pre-halving levels ” As the Bitcoin (BTC) price is reaching the highest levels since January 2018, Bitcoin mining is getting more profitable due to a number of factors. According to data from Blockchain.com, BTC miners revenue has soared to levels not seen since Bitcoin’s third halving in May 2020…
“# Crypto mining is now drawing in the world’s top renewables producers ” En+ Group, the world’s top producer of low-carbon aluminum and the largest private-sector generator of hydropower, has entered its first crypto mining joint venture. The new venture, called Bit+, will focus on creating facilities that support crypto mining with a low carbon…
“# Bitfury forms MaaS partnership to upgrade $35M Norway data center ” Crypto mining firm Bitfury has formed a partnership with a private equity firm allowing it to upgrade its existing $35 million blockchain infrastructure in Norway. According to a Nov. 2 announcement from the Luxembourg-based LIAN Group, the firm has launched crypto mining as…