Bitcoin Mining

Bitcoin Mining

Bitcoin Mining Difficulty Drops 9% to January Levels

Bitcoin has just got easier to mine while major manufacturers have started shipping their latest machines ahead of China's rainy summer season.

News  ·  4 June 2020
Bitcoin Mining

Iranian Lawmaker Says Bitcoin Should Be Central Bank’s Turf

An Iranian lawmaker wants his country’s central bank to take bitcoin seriously.

News  ·  2 June 2020
Crypto Lending

Bitcoin Mining Pool Poolin Partners With BlockFi to Expand Crypto Lending Service

Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.

Business  ·  2 June 2020
Bitcoin Mining

Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut

The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months.

News  ·  22 May 2020
Bitcoin Mining

Bitcoin Mining Difficulty Drops by 6% in First Adjustment After Halving

The Bitcoin network just fine-tuned a key parameter to coax back miners who quit after last week's halving hammered their profits.

News  ·  20 May 2020
Bitcoin Mining

The Last Word on Bitcoin’s Energy Consumption

What people fail to consider when they criticize Bitcoin's electricity footprint, according to our columnist.

Business  ·  19 May 2020
Newsletters

First Mover: Bitcoin’s Hot Again and Crypto Miners Are Hoarding – Or Are They?

Bitcoin is rallying again, and some analysts are taking a closer look at data extracted from the underlying blockchain for signals on whether cryptocurrency miners are buying or selling. Or if they're HODLing.

Markets  ·  15 May 2020
Bitcoin

Bitcoin’s Price Has Bounced but Miners May Still Be Switching Off Post-Halving

While bitcoin is fast reversing its pre-halving price drop, hash-rate data suggests miners are still leaving the network.

Markets  ·  14 May 2020
Bitcoin Mining

Hut 8 Mining Revenue Continues Decline in Q1

Hut 8's Q1 2020 earnings fell, pulled lower by falling revenue, decreased EBITDA and increased collateral requirements.

Business  ·  11 May 2020
Bitcoin

Crypto Long & Short: Bitcoin Markets Are Growing Up. Bitcoin Mining Is, Too

There is a notable shift in the style and profile of bitcoin miners, towards more sophisticated structures and financial engineering.

Markets  ·  11 May 2020
China

Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation

After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl.

News  ·  8 May 2020
Bitcoin Mining

One of Bitcoin’s Earliest Miners Is Dedicating $66M in Crypto to a Fund of Funds

Bixin, one of the earliest bitcoin miner operators and wallet startups, is dedicating 6600 bitcoin, worth $66 million, to a new fund of funds.

News  ·  8 May 2020
Bitcoin

Bitcoin Node Count Falls to 3-Year Low Despite Price Surge

The number of Bitcoin nodes fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer.

Tech  ·  6 May 2020
Bitcoin Mining

Bitcoin Mining Difficulty Nears All-Time High in Final Adjustment Before Halving

Bitcoin mining difficulty increased to 16.10 trillion (T) on Tuesday, close to the network’s all-time high of 16.55T recorded in March.

Tech  ·  5 May 2020
Bitcoin Mining

US Court Dismisses Lawsuit Over Riot Blockchain’s Crypto Pivot

A U.S. judge has dismissed a lawsuit alleging the firm changed its name to include "blockchain" in 2017 to boost its share price.

Business  ·  4 May 2020