Bitcoin History Part 13: The First Mining Pool
The notion that anyone could solo mine bitcoin – on a CPU no less – seems positively quaint today. But in 2010, this method wasn’t just possible – it was the norm. With an exponentially
Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs
Over the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter.’ Since the recent price hike this spring, mining digital assets with next-generation miners has allowed
Bitcoin is Dominating Crypto Taking Over 90% of All Mining Fees
When considering Bitcoin dominance in terms of market cap and trading volume, spare a thought for the poor miners. The miners of other altcoins, that is, as they share under 10% of the total fees
Bitmain Losing 88% Market Share is Turning Out Great For Bitcoin (BTC)
Bitcoin mining giant Bitmain has less positive news as bitcoin price reclaims $6000 and the hash rate continues its steady climb. Its internal mining operations show a reduction of 88% of hash power in the past
London-Listed Argo Blockchain Adds 1,000 Miners in Bid to Salvage Stock Price
Argo appealed to shareholders to block the bid at the time. Mining equipment image via Shutterstock The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides
Québec Allocates 300 MW Energy Quota for Crypto Mining
Québec, the resource-rich Canadian province, has made up its mind about cryptocurrency mining. Régie de l’énergie, the region’s energy regulator, has rendered its decision on the blockchain sector and lifted the moratorium on electricity supplies.
Bitcoin Network Hash Rate Climbs to 6-Month High
The Bitcoin hash rate has climbed to its highest level since late October 2018 as the BTC spot price looks to break $5,800. Bitcoin Hash Rate Reaches 4th-Highest-Ever Level Data from Blockchain.com currently shows the
Square Cash Bitcoin Sales Will Overtake Mining Rate After 2020
Square’s Cash app reported record Bitcoin revenue once again, in its Q1 2019 earnings report. If growth continues at this rate, there could soon be 2 BTC bought on Square Cash for each one mined. Record
Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner
On April 28, the China-based mining rig manufacturer Bitmain Technologies announced the launch of its latest Antminer T17 model which processes roughly 40 terahashes per second (TH/s). The machine delivers better power efficiency with 55
How to Start Cloud Mining Bitcoin Cash
You might have contemplated getting into cryptocurrency mining but are concerned that you don’t have the technical skills, time or money to invest in the field. Cloud mining eliminates these problems and lets you benefit
Why Moving to Texas Could Give Bitcoin Miners Maximum Profit
Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look at why Bitcoin mining would be the
Will Belarus Be the First Country With Nuclear-Powered Bitcoin Mining?
Cryptocurrency mining has lost some of its profitability during the prolonged bear market of the past year. However, not all investors are short-sighted. Belarus, for example, is not giving up on its intentions to develop
Bitcoin Maintains Uptrend as Key Indicator Shows a Big Move is Imminent
Bitcoin price bulls are working to maintain the daily uptrend and volume falters over the holiday weekend. Meanwhile, the long-to-shorts ratio has reached a decisive moment. Is a Bitcoin breakout imminent? Bitcoin Price: Market Overview Over
