Miners

Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range

The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash per second (EH/s). As of …

Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range Read More »

Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

5 Major Banks Exposed for Moving Trillions for Mobsters, Onecoin, and Drug Cartels According to the International Consortium of Investigative Journalists (ICIJ), five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. The massive leak is 2,100 documents spanning from 2000 to 2017 … read …

Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot Read More »

Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage

$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the …

Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage Read More »

Prepping for an Airdrop: Prominent BCH Community Members Bid Bitcoin ABC Devs Farewell 

On August 18, 2020, the Bitcoin ABC development team announced a “feature freeze,” which will include a new Infrastructure Funding Plan (IFP) and a week later explained it was also initiating a “governance council.” Despite the recent announcements, Bitcoin ABC has lost considerable support and it appears the project will separate from Bitcoin Cash come …

Prepping for an Airdrop: Prominent BCH Community Members Bid Bitcoin ABC Devs Farewell  Read More »

Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations

There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule. Moreover, during the last few days, …

Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations Read More »

Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low

700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its … read more. Bitcoin.com …

Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low Read More »

Bitcoin Miner Hut 8 Closes Better-Than-Expected Equity Round at $8.3M

Miner Hut 8 said last week it had raised a total of $8.3 million from selling a 6% equity stake to investors, approximately $800,000 more than the original $7.5 million funding target. The Toronto-listed mining company says the funding will keep it competitive as smaller entities with older equipment feel the pinch from last month’s …

Bitcoin Miner Hut 8 Closes Better-Than-Expected Equity Round at $8.3M Read More »

Market Wrap: Bitcoin Traders Expect Big Move as Volatility Plummets

Bitcoin opened the week still stuck in a price range just above $9,000 Monday, moving less than 0.2% from Friday’s close as of 20:00 UTC (4 p.m. ET), according to Bitstamp. At 00:00 UTC on Monday (8:00 p.m. Sunday ET), bitcoin (BTC) was changing hands around $9,115 on spot exchanges such as Bitstamp. Despite a …

Market Wrap: Bitcoin Traders Expect Big Move as Volatility Plummets Read More »

5 Chinese Banks Say Legal Crypto Traders’ Accounts Will Not Be Frozen as Police Widen Crackdown

Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in … read …

5 Chinese Banks Say Legal Crypto Traders’ Accounts Will Not Be Frozen as Police Widen Crackdown Read More »

Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments

Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in … read …

Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments Read More »