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Single Miner Reorgs Ethereum Classic – Devs Report a Chain Split

August 1st, 2020|

Members of the Ethereum Classic team reported that the network suffered a reorganization (reorg) today. The blockchain network is asking service providers to halt deposits while it carries out maintenance of the chain. The latest

Power Plants in Iran Are Authorized to Mine Bitcoin

July 29th, 2020|

Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities

Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia

July 25th, 2020|

Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan.

2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

July 23rd, 2020|

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China

New Satoshi Stash Estimate Claims Creator Mined $10.5B Worth of Bitcoin

July 21st, 2020|

On Monday, the blockchain trackers and researchers from Whale Alert published a new research report about the infamous fortune allegedly owned by Satoshi Nakamoto. Researchers estimate that Bitcoin’s creator possibly mined coins up to block