Category: Miners
-
‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu
Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central banks’ loose monetary policy infecting the world will bolster the value of…
-
Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History
Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29. The hashrate touched an all-time high of 136 exahash per second (EH/s) but has since dropped to 75 EH/s. Moreover, the crypto network has seen the second-largest difficulty drop since October 2011. Also read: While You’re Under Quarantine, Check These Sites…
-
Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate
The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s overall hashrate during the last seven days. Last year analysts noticed a large amount of the hashrate on all three SHA256 networks (BTC, BCH, and BSV) was being processed by mystery miners. Since…
-
Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving
In 18 days, the Bitcoin Cash (BCH) network will see its next halving as the block reward will decrease from 12.5 to 6.25 coins on or around April 8, 2020. BCH will be the first blockchain out of the top three SHA256 networks to halve as BSV will see a reward reduction two days after…
-
Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published plans for the upcoming upgrade, Btc.top founder Jiang Zhuoer revealed his…
-
Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium
A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell for a 10-20% premium compared to coins sold on the open market. Even though the…
-
Bitcoin Cash Node Reveals Upgrade Plans for May and Difficulty Algorithm Research
[youtube https://www.youtube.com/watch?v=Fd6GFpZjLxU&w=560&h=349] On March 2, the developers behind the Bitcoin Cash Node project announced the team’s plans for the May upgrade and beyond. The programmers highlighted that the implementation was built to follow the longest chain, regardless of whether the Infrastructure Funding Plan (IFP) is voted in. Bitcoin Cash Node will also implement two new…
-
‘A Drop-in Replacement for ABC’ – BCH Devs Release Bitcoin Cash Node Software
On February 27, a group of developers behind the Bitcoin Cash Node implementation released the first version of the project’s codebase. The new client is essentially a drop-in replacement for Bitcoin ABC 0.21.0, as the code aims to disable the Infrastructure Funding Proposal (IFP). Also Read: BCH Funding Debate: Developers Plan to Launch IFP-Free Version…
-
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model…
-
Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor
The anticipation for the block reward halving for BTC, BCH, and BSV has been building. All three cryptocurrencies will see rewards halved from 12.5 to 6.25 coins throughout the months of April and May. The following is a comprehensive list of websites that are counting down each crypto’s reward halving in different ways, so people…