European Miners Prepare for Bitcoin Halving, Energy Costs Still Challenging
The bitcoin halving event is now here with us. Miners around the world are preparing for this major event in the crypto world. However, miners in Europe still face a ...
Tag: Mining
Ethereum Community Heavily Opposes Controversial ProgPoW
The latest reports reveal that opposition continues to increase against the execution of the controversial Programmatic Proof-of-Work (ProgPoW) proposal in the Ethereum community. By description, ProgPoW is an ASIC-resistant PoW ...
SBI, GMO Partners With World’s Largest Bitcoin Mining Site Operator
The latest reports revealed that the operator of the firm that will soon become the biggest Bitcoin mining facility globally signed a mega-deal with GMO internet provider and Japanese financial ...
Bitmain Might Offload 50% of Staff Before BTC Halving
The mining industry keeps suffering whenever the crypto markets plunge. In that context, Bitmain, the crypto mining giant, is reportedly planning to reduce its workforce by an additional 50%. On ...
Bitcoin Explodes Into 2020 With An All-Time High Hash Rate
2020 is already promising to become a great year for bitcoin. With the imminent halving set to take place later in the year, the flagship crypto has already hit a ...
The Newly Announced Ethereum Muir Glacier Upgrade To Run On Binance
According to the latest reports, Binance cryptocurrency exchange plans to suspend Ether deposits and withdrawals. This move will be executed to support the recently announced Ethereum network Muir Glacier upgrade. ...
Masternodes Explained
Masternodes are described as servers that can be found on decentralized networks. These servers have unique functions that make them significantly different from ordinary nodes. The ordinary nodes normally cannot ...
Miners Surpass $1B in Fee Revenue as Bitcoin Thermocap Nears $15B
By mid-October, Bitcoin miners were reported to have made close to $15 billion securing the network. Data obtained from Coin Metrics released on October 15 showed that since bitcoin’s invention ...
UK Bitcoin Miner Targets 240% Capacity Increase Using New $10M Hardware
Despite the volatile bitcoin price trends, mining activities have benefited from new investments. The latest reports reveal that a UK-based mining firm by the name Argo Blockchain has doubled its ...
Bitcoin May Tokenize Oil to Fight Sanctions. Is There Petro-Bitcoin Coming?
Many countries have announced the development of their cryptos. It could be either backed by gold, oil, or a strategic extension of their fiat system. Also, some information has come ...