Category: Miners
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This Company Sets Out to Prove Crypto Mining Has a Place in Your Home
Hotmine, a company based in Ukraine which engineers home appliances for crypto enthusiasts, is not new to mining equipment development. But sometimes it takes the right time and the right technology to be able to create and offer solutions that consumers would be willing to buy and use. Thanks to tech progress and proper market…
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Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data
Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind the Blitz Ticker project have decided that’s exactly what…
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Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower stations have been fined already for powering bitcoin farms without authorization. Also…
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Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say
[youtube https://www.youtube.com/watch?v=TjuzBZnhXJU&w=560&h=349] Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter. Also Read: US, EU and UK Companies Can…
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How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago
On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The 11th Anniversary of the…
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Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters. Also read: 4 New High-Powered…
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Stealth Miners on the BCH Network Attract Scrutiny
In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the BCH hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and BCH pool distribution as speculators believe a few…
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Bitcoin.com Launches HashRace Promotion to Maximize Miners’ Profits
JAPAN, TOKYO, October 21, 2019 — Bitcoin.com, the world’s leading resource for cryptocurrency-related products and news, has launched the HashRace, a Bitcoin.com Pool promotion aimed at maximizing profits for its extensive network of Bitcoin mining clients. The 180 day promotion, which began on October 21st, 2019, will reward miners with an unlimited hashrate bonus for…
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Video Shows $10M Chinese Bitcoin Mining Farm in Flames
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money…
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Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash
Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units by mid-November. Meanwhile, the combined SHA256 hashrate (BCH and BTC)…