Mining Pools

Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide

The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling, regulation, and security. The September 2020 third edition of the Global Cryptoasset Benchmarking Study concentrates on four …

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Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains

The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during the last 24 hours touching $344 billion. Bitcoin (BTC) markets have surpassed key levels above the $11k mark on Saturday, …

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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, …

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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 …

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BitClub Programmer Admits Mining Scheme Stole $722M in Bitcoin

A 35-year-old Romanian programmer of the Bitclub Network pleaded guilty on Thursday to his role in establishing the mining pool Ponzi scheme that defrauded investors of hundreds of millions of dollars in bitcoin. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a …

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Bitcoin SV President Hits Out at Binance as Former Critic Becomes Top Miner

Another day, another spat in the crypto space… The president of the Bitcoin Association, the entity behind Bitcoin Satoshi Vision (BSV), has accused Binance of cherry picking its relationships with the cryptocurrency project after news came out earlier this week that the exchange’s new mining pool was now the single biggest verifier on the BSV …

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Mining Pool Distributes $2.4M Transaction Fee After Flood of Phoney Refund Claims

A mining pool has called time on the wait for an ether whale to reach out after making a transaction with an unusually high fee worth in the millions of dollars last week. Bitfly, the company behind the Ethermine pool, announced Monday it had opted to distribute a total of 10,668 ETH (now worth just …

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A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless

Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv In mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told … read more. …

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Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash

Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on May 22, there were 17 mining pools hashing …

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