Category: Mining
Bitcoin miners (BTC) want to co-ordinate the market to maximize their earnings as the remuneration of the 2020 block is halved. Is the mine controlling the market? This was the conclusion of a new Bitcoin price analysis by popular trader Filb Filb as BTC / USD reached $ 9,000 on July 17th. The biggest cryptocurrency […]
Japanese financial giant SBI Group has set up a subsidiary that will manufacture mining cryptocurrency chips, the company confirmed in a statement on March 22. SBI, which has launched spin-offs covering various aspects of the encryption industry, says it wants to expand its mining influence with the creation of SBI Mining Chip Co. Ltd. (SBIMC). […]
Encrypted investment products and research firm CoinShares estimates that 74.1% of bitcoin mining (BTC) is powered by renewable energy in its six-month mining report released on June 5th. The report also states that “at current prices, the mining average is extremely profitable, with even greater tools and high-cost producers now able to achieve a positive […]
The Australian Securities and Exchange Commission (ASIC) published new guidelines on initial currency offering (ICO) and encryption on its official websites on 30 May. The regulator analyzed the requirements for an encryption company to comply with both Australian companies and ASIC operations, but did not cover regulations applied by other national agencies. In particular, the […]
Plouton Mining, California, will build North America’s largest bitcoin mining plant, the company confirmed in a June 25 press release. Plouton, which is a subsidiary of Plouton Group Holding, says the area in west Mojave will have about 49 acres of solar panels that generate 10-13 megawatts of electricity daily. The site was chosen because […]
Bitcoin (BTC) has now had 85% of its circulation since August 1, leaving just 3.15 million new coins for the next 120 years. 3.15 million bitcoins, 120 years According to data from the Blockchain tracking resource, on Thursday it saw Bitcoin miners export 17,850,000 units as part of the transaction validation process. As a result, […]
The cryptocurrency mining company Argo Blockchain is unquestionably growing due to the increase in the company’s share price. An aggressively growing mining company ProactiveInvestors, based in the United Kingdom, said on August 27 that crypto mining company Argo Blockchain is expanding its mining potential after its share price has risen sharply in recent months. According […]
Leading specialized integrated circuit (ASIC) application developer Bitmain announced two new S17 miners in a news release shared with Cointelegraph. The two new ASICs, the S17e and the T17e, will be released on September 9th. The company claims that both models show improvements, which should translate into higher performance, more stable operation and longer life. […]
The Bitcoin (BTC) network was freshly disrupted on September 30 as fire elements destroyed $ 10 million worth of mines. A video of a alleged Bitcoin miner firing appears According to Marshall Long, one of the first active miners of Bitcoin, the giant data center of the mining company Innosilicon, began to burn on Monday. […]
It has been rumoured for months after Cryptocurrency trade ban in China that Mining will also be banned. Though nothing of that sort happened initially, looks like it might be happening soon. According to a leaked document online, the country’s internet finance department sent out notices to local governments to make plans to make miners […]
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