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“# BTC hash rate slumps amid seasonal miner migration in China ” Mining data aggregators attribute a slump in Bitcoin’s hash rate to the end of the wet season in Sichuan, resulting in many miners migrating to other jurisdictions. On Oct. 26, Thomas Heller of Bitcoin (BTC) mining blog Hashr8 reported that roughly 22 exahashes…
“# How to build a crypto mining rig in 2020 to earn Bitcoin and Ether ” In a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn played into the hands of the industry by not only attracting professional cryptocurrency…
“#’Gold Rush’ mines fascinating group of veterans for Season 11” This group of “Gold Rush” miners is like none of their predecessors on the top-rated Discovery series. “Gold Rush” returns Friday for Season 11 with a two-hour episode (8-10 p.m.) and a new mining boss: Fred Lewis, a former special forces medical sergeant and linguist…
“# Filecoin creator denies strike allegations ” Juan Benet, the creator of Blockchain-based data storage platform Filecoin, has called allegations that miners of its token have been on strike since Saturday “nonsense.” According to a report by 8btc.com, five of the largest Filecoin miners turned off their machines to protest the project’s “unfair” economic model, which currently…
“# Bitcoin mining’s future is green, and Russia has the best chance ” Last month, Chinese President Xi Jinping, declared that China has plans to become carbon neutral by 2060, calling for a “green revolution.” If the plan is properly implemented, it could help China to finally shed its biggest-polluter status and significantly improve the…
“# Ebang aims to set up digital financial platform in New Zealand ” Ebang, a major Chinese Bitcoin (BTC) mining equipment supplier, is planning to acquire a financial firm in New Zealand to set up a local digital asset financial service platform. According to an official announcement on Oct. 14, Ebang International Holdings has entered…
“# Former Steem devs believe CPU mining is the key to a fair launch for their ‘blockchain 3.0′ ” In March, the crypto world saw the first instance of what many saw as a hostile takeover attempt of another blockchain. Justin Sun, the founder of Tron, had acquired Steemit, Inc. and the Steem blockchain with…
“# The first-ever mining hardware marketplace just launched ” Asic Jungle has launched a beta version of what it calls “the first-ever mining hardware marketplace” for cryptocurrency mining hardware. The company’s CEO Artem Bespaloff told Cointelegraph that he has created a trusted platform for second-hand mining equipment that operates without any middlemen: “[It’s] the first…
“# Ethereum miners made 450K ETH from high network fees during DeFi peak ” Ether (ETH) miner revenue skyrocketed during the month of September according to data from glassnode, an onchain analytics resource. While the price of Ether did not rise significantly during this time, miners on the Ethereum network saw their revenue increase due…
“# Ethereum’s fees higher than Bitcoin’s for a record two straight months ” Ethereum (ETH) transaction fees have exceeded those on the Bitcoin (BTC) network for two months straight. Crypto market data aggregator Messari tweeted about the streak on October 8, noting it is the longest period that Ethereum’s transaction fee revenue has exceeded Bitcoin’s…