Category: Mining
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HASHR8 Assesses The World Of Bitcoin Mining With Launch Of Index Reports
Bitcoin mining-focused media company HASHR8 has launched the first report in its “Bitcoin Mining Index,” a planned series on the world’s prominent mining regions that offers detail on how the practice is taking shape and where opportunity lies around the globe. “Bitcoin mining is truly a global game,” Whit Gibbs, CEO of HASHR8, told Bitcoin…
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Jumping into the pool: How to earn a profit mining Bitcoin and Ether
Where can you mine Bitcoin and Ether in 2020? Here are the top tips about mining pools and what you need to know before joining one of them.
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Bitcoin (BTC) pump to $18k pushes miner revenues to pre-halving levels
The recent BTC run has borne good news for two important parts of the Bitcoin ecosystem — investors and miners. Data from on-chain tracking firm Glassnode shows miner revenues are back at pre-halving levels, i.e. before May 12 of this year. These are the same as when block rewards were double those of today. #Bitcoin…
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OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China only means the corresponding block rewards will reflect this imbalance. They add…
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Bitcoin’s market cap surpasses Nvidia at over $336B
Both Bitcoin and Nvidia saw major growth in 2020, but Bitcoin’s market cap wins today.
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Taxman gets the boot: Bitcoin Cash Node emerges as victor of hard fork
As Bitcoin Cash goes through another fork, Bitcoin Cash Node seems to be the emergent winner for now.
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Poolin Launches Initiative To Activate Taproot, Encouraging Other Mining Pools To Join
Top 2 Bitcoin mining pool Poolin wants Taproot, and hopes other pools do too. Poolin, the Chinese mining pool that currently controls around 13 percent of all hash power on the Bitcoin network, is preparing for Taproot, the proposed protocol upgrade for which the code is included in the upcoming Bitcoin Core 0.21.0 release. Bitcoin’s…
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China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks
Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country.
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The rise of major Bitcoin mining institutions is inevitable
2020 marks a new era for mining institutionalization, bringing with it both benefits and challenges.
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China’s leadership in the Bitcoin mining industry will be challenged
China has a lot of advantages in the Bitcoin mining industry, though it won’t last forever, as more countries are entering the space.