Mining Blog & Mining News

Mining Blog & Mining News

JD.com Joins Digital Yuan Pilot, Canadians Get New BTC & ETH Exchange + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. CBDCs news JD.com, a multi-billion dollar Chinese e-commerce platform, has joined the central People’s Bank of China (PBoC)’s digital yuan initiative. It becomes the largest company so far to admit that it is working with Beijing on its breathless drive to become the first major economy in the world to release a digital version of its fiat curren...
JD.com Joins Digital Yuan Pilot, Canadians Get New BTC & ETH Exchange + More News

Before Correction, 70% Of Yield Farmers Planned to Stay In The Field - Survey

In the male-dominated field of yield farming, the majority of DeFi (decentralized finance) farmers plan to continue the activity despite high risks and fees, found a recent survey by major ranking website CoinGecko. However, the answers were collected before the major correction in the market this month. Would you continue to do yield farming & liquidity mining in the next 3 months? "The yield farming trend has taken the industry by storm - most crypto owners have heard of it by September 20...
Before Correction, 70% Of Yield Farmers Planned to Stay In The Field - Survey

Crypto Listing and Delisting Announcements: Week 38

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. __ Bibox Listings: Keep Network (KEEP) ChartEx (CHART) Linear Token (LINA) Uniswap (UNI) Frontier (FRONT) Stafi (FIS) Aavegotchi (GHST) yieldfarming.insure (SAFE) Pickle Finance (PICKLE) Perpetual Protocol (PERP) Bilaxy Listin...
Crypto Listing and Delisting Announcements: Week 38

Binance's 'Innovation Zone,' Iranian Power Plants Eye Bitcoin Mining + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Binance CEO, Changpeng Zhao, announced the creation of the so-called Innovation Zone, which the post said will allow users to trade newer token offerings from their Binance account, while also "protecting less suited users from being exposed to the "risk" that comes with trading them." Zhao added that the exchange can list a coin w...
Binance's 'Innovation Zone,' Iranian Power Plants Eye Bitcoin Mining + More News

Bitcoin Mining Difficulty Zooms to All-Time High, But BTC Price Moves Faster

After the Bitcoin (BTC) mining difficulty jumped sharply today, mining has become 20% more difficult than right before the third BTC halving in May. However, in the same period of time, the price of the most popular cryptocurrency rallied by 27%, saving miners' profit margins. On Sunday morning (UTC time), mining difficulty, or the measure of how hard it is to compete for mining rewards, jumped by 11.35% to 19.31 T, hitting a new all-time high. This increase was the second-highest in more ...
Bitcoin Mining Difficulty Zooms to All-Time High, But BTC Price Moves Faster

KuCoin Establishes Strategic Partnership with Poloniex to Elevate Digital Asset Exchange Industry

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Today (September 18), one of the world's most popular digital assets exchanges, KuCoin officially announced its strategic partnership with the internationally well-known digital assets exchange Poloniex. KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS and PoW mining pools, and other industrial exploration. The two parties will jo...
KuCoin Establishes Strategic Partnership with Poloniex to Elevate Digital Asset Exchange Industry

FirstDerivative Yield Farming Project is Now Live with x10 Bonus!

Disclaimer: The text below is a press release that was not written by Cryptonews.com. __ The latest trends at the cryptocurrency market are largely characterized by DeFi gaining more momentum and the upcoming launch of ETH 2.0 staking algorithm. As both DeFi and staking markets keep growing swiftly, their synergy also strengthens, leading to an increased superposition and consequently more composability. However, those processes come with a number of complications like increased gas price, the ...
FirstDerivative Yield Farming Project is Now Live with x10 Bonus!

Crypto Exchange Giant Kraken Completes Japan Return + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Kraken has officially opened its new Japanese exchange under the umbrella of its Tokyo-based Payward Asia subsidiary. Per an official Kraken blog post, customers can start creating accounts from today, although fiat deposits in JPY and transactions will begin “in late September or early October.” The firm stated that it would infor...
Crypto Exchange Giant Kraken Completes Japan Return + More News

Cold Shower For Sweating Bitcoin Miners in Sight as Hashrate Soars

Bitcoin (BTC) mining difficulty is estimated to hit another all-time high on Saturday and reduce mining profitability, as the computational power of the network is now up by more than 20% since the beginning of August. Mining difficulty, or the measure of how hard it is to compete for mining rewards, is set to jump by 12%, to 19.49 T, according to estimations by BTC mining pool BTC.com. This would be the second-largest increase in more than a year after the measure dropped by 1.2% during the pr...
Cold Shower For Sweating Bitcoin Miners in Sight as Hashrate Soars

Blockchain Summit Global Is One of The Most Outstanding Technology Events of the Year (Now Also Virtual)

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 2020 has been conditioned by a pandemic that has disrupted everything, especially the presential events. Blockchain Summit UY reinvented itself as Blockchain Summit Global 3rd Edition with great strength, an incredible lineup of Speakers and a truly outstanding audience. In the manner of a live TV program, conducted by Alejandra Labraga, the third edition of Blockchain Summit Global was launched, with a truly c...
Blockchain Summit Global Is One of The Most Outstanding Technology Events of the Year (Now Also Virtual)

Alibaba Accelerates in Blockchain Patent Race + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news More blockchain-related patents were published in the first half of 2020 than in all of 2019, a year that had already seen 3 times more blockchain patents published than in 2018, a new report by KISSPatent showed. Alibaba has published 10 times more patents than IBM this year alone, it added. However, IBM still owns the most block...
Alibaba Accelerates in Blockchain Patent Race + More News

Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining

Disclaimer: The text below is a press release that was not written by Cryptonews.com. On September 16, 2020, KuCoin, an IDG-backed crypto exchange, announced that its Pool-X platform has launched the BurningDrop program and will provide services for the Kratos Genesis token (KTSt) Distribution. Users can join the KTSt Genesis Mining via Pool-X. From 20:00:00 on September 16, 2020 to 20:00:00 on September 24, 2020 (UTC+8), users can get KTSt via BurningDrop and improve their computing power by bu...
Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining

New Rumors On Indian Crypto Ban, Bonds on Blockchain + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news India plans to introduce a new law banning trade in cryptocurrencies and the bill is expected to be discussed shortly by the federal cabinet before it is sent to parliament, Bloomberg reported, citing undisclosed people familiar with the development. The federal government will encourage blockchain but is not keen on cryptocurrenc...
New Rumors On Indian Crypto Ban, Bonds on Blockchain + More News

Crypto Listing and Delisting Announcements: Week 37

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. __ Bibox Listings: Alchemy Pay (ACH) Loopring (LRC) Phala (PHA) Sun Token (SUN) Bilaxy Listings: Perpetual Protocol (PERP) Xfinance (XFI) PYLON (PYLON) CreedToken (CREED) SakeToken (SAKE) PickleToken (PICKLE) BNSD Finance (BNSD) Minis...
Crypto Listing and Delisting Announcements: Week 37

How Game Theory Helped a Swiss Entrepreneur Overcome the Financial Crisis: A Success Story

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Benjamin Franklin, an American politician, inventor and writer, said: "If you know how to spend less than you get, then you have the Philosopher's Stone. The hero of today's rubric does not have a philosopher's stone, but he knows exactly how to rise from the ashes after serious losses and move on. Undoubtedly, it is an integral part of everyday life, but when it comes to falling markets or a globa...
How Game Theory Helped a Swiss Entrepreneur Overcome the Financial Crisis: A Success Story

Why DeFi Isn’t Always As Decentralized As You Might Think

With the word ‘decentralized’ in its name, you’d think that DeFi (decentralized finance) would be pretty decentralized. If a platform claims to be DeFi, this should mean that it isn’t under the control of any single party or entity, and that it operates as a function of a large and dispersed number of individuals. However, ‘decentralization’ can mean a variety of things in crypto, and DeFi is no exception in this regard. Some DeFi platforms are more decentralized than others, while some are dec...
Why DeFi Isn’t Always As Decentralized As You Might Think

Cooking, Slicing, Trimming, Merging, Migrating, and 20 Crypto Jokes

This crypto week, bitcoin price dropped, and so did the mining difficulty, and we learned that "exclusive mining" can also be used for tax evasion and money laundering. Then, SUSHI trimmed some of its losses after FTX CEO agreed to take over the admin keys from Chef Nomi, and then SushiSwap migrated from Uniswap to its own decentralized exchange, taking hundreds of millions of dollars in liquidity with it. Also, somebody sent USD 1m to Swerve Finance contract, Binance revealed a new feature to p...
Cooking, Slicing, Trimming, Merging, Migrating, and 20 Crypto Jokes

DeFi Unlocked: How to Earn Crypto Investment Income on Compound

DeFi (decentralized finance) has emerged as the hottest crypto trend of the year, with the total amount of US dollars locked in decentralized finance protocols surpassing USD 9bn on September 1 before correcting lower. In our new “DeFi Unlocked” series, we will introduce you to the different ways you can earn investment income in the booming decentralized finance market. In part one of our DeFi series, you will discover how to earn interest on cryptoassets by placing them into the Compound (CO...
DeFi Unlocked: How to Earn Crypto Investment Income on Compound

Justin Sun's Tron Scores New DEX Partnership + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Binance Labs and other prominent investors-backed one-year-old DEX aggregator 1inch said it partnered with Justin Sun's Tron (TRX) for JustSwap and Mooniswap integration. 1inch will fully integrate with JustSwap, Tron’s decentralized trading protocol, while 1inch's Mooniswap, a next-generation automated market maker, will i...
Justin Sun's Tron Scores New DEX Partnership + More News

As SushiSwap Drains Liquidity From Uniswap, Aave Leads In DeFi

Following SushiSwap (SUSHI)'s completed migration from the major decentralized exchange Uniswap to its own decentralized exchange, taking hundreds of millions of dollars in liquidity with it, Uniswap fell from the throne of dominance, with crypto lending protocol Aave (LEND) sitting in its place - at least for now. DeFi Pulse shows total value locked (TVL) to be USD 7.17bn, with Aave flipping Uniswap, given the latter's drop from the 1st to the 9th spot. Aave itself currently has USD 1.5...
As SushiSwap Drains Liquidity From Uniswap, Aave Leads In DeFi

Chinese Tech Giants to ‘Do Battle’ for Blockchain Talent + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news A Chinese blockchain talent acquisition battle has begun, with heavyweight tech giants like Tencent, Baidu and Alibaba in direct competition for a small group of top blockchain experts, per Sohu. The media outlet stated that the Big Data Research Institute at the recruitment firm Lagou’s latest report on the state of employment in...
Chinese Tech Giants to ‘Do Battle’ for Blockchain Talent + More News

Blockchain Adoption Lacks Evidence, Firms Use It For Non-Existing Problems - Report

Blockchain is used by a number of companies that do not have clearly defined problems they claim to have solved with the novel technology, according to a recent report. It concluded that nearly half of the examined companies showed no evidence of a problem solved. The Centre for Evidence-Based Blockchain (CEBB), operating under the auspices of the British Blockchain Association (BBA), a non-profit established in 2017, published a peer-reviewed paper with a focus on "evidence-based blockchain" (E...
Blockchain Adoption Lacks Evidence, Firms Use It For Non-Existing Problems - Report

Venezuela Reportedly Blocks its Citizens from Accessing Coinbase

Reports from Venezuela appear to indicate that the government has blocked the United States-based major crypto exchange platform Coinbase. The claims were made by multiple Twitter users, although the government is yet to make a statement on the matter. Venezuela-based internet tech group Venezuela Inteligente shared screenshots that appeared to show that Coinbase access was blocked, as well as the MercaDolar platform, another USA-based firm. The latter offers remittance and foreign exchange serv...
Venezuela Reportedly Blocks its Citizens from Accessing Coinbase

If You Can't Stand the DeFi Heat - Get Out of the Sushi Chef's Kitchen

Jay Hao is the CEO of crypto exchange OKEx. _ We saw a lot of action over the weekend in what played out as one of those adrenaline-packed high-drama movies the likes of which crypto hasn't witnessed in recent times. We all watched on popcorn in hand as [decentralized finance] DeFi's new darling SushiSwap tanked 60% in 24-hours after its anonymous creator Chef Nomi converted all his SUSHI to Ethereum (ETH) in a move not unreminiscent of Litecoin (LTC)'s Charlie Lee from the days of o...
If You Can't Stand the DeFi Heat - Get Out of the Sushi Chef's Kitchen

Ukraine, Russia, Venezuela Beat China & US in Crypto Adoption + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Ukraine, Russia, and Venezuela have taken three top spots in the Global Crypto Adoption Index, announced by Chainalysis today. "While trading and speculation are important to the cryptocurrency economy, we wanted our index to emphasize grassroots adoption by everyday users," the blockchain intelligence firm said. Their intention is to highlight t...
Ukraine, Russia, Venezuela Beat China & US in Crypto Adoption + More News

Bitcoin Mining Difficulty Drops While BTC Slips Below USD 10K Again

Following a month of rising Bitcoin (BTC) mining difficulty, the first adjustment in September saw the difficulty drop - though it still remains at the second-highest level in the network's history. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, dropped 1.21% today, but it was not enough for it to drop out of the 17 T level. It's now sitting at 17.35 T. The all-time high was reached just last adjustment, at the end of August, thanks to a rise ...
Bitcoin Mining Difficulty Drops While BTC Slips Below USD 10K Again

Chainlink, Binance Coin Weekend Rally Stalls On Monday

On Monday, chainlink (LINK) and binance coin (BNB) corrected some of their gains gathered in a post-crash rally this past weekend. While BNB jumped by around 20% in a matter of three hours yesterday, LINK increased by 35% during the weekend. At pixel time, (11:28 UTC), LINK corrected some of its gains in a day and is now up by 0.7%, to USD 12.06. The price is still down by 27% in a week. At the same time, BNB dropped by 4% in a day and 7% in a week, trading at USD 21.6. The gains for LINK today...
Chainlink, Binance Coin Weekend Rally Stalls On Monday

'Exclusive Mining' Can Be Used for Money Laundering & Tax Evasion - Report

Cryptoasset miners are incentivized to keep transactions secret, said a recent paper, warning that the type of mining called "exclusive" allows them to do so while it can also be used for tax evasion and money laundering. "The authors observe that blockchain nodes have no incentive to forward new transactions to their peers. In fact, miners have an incentive to do the opposite and keep transactions secret in the hope of being the only one who can earn the associated transaction fees," said in a...
'Exclusive Mining' Can Be Used for Money Laundering & Tax Evasion - Report

A Whole Lot of DeFi and 20 Crypto Jokes

In DeFi news: the DeFi boom may be prompting the growth of a BTC-ETH bridge, a new item was served on the DeFi table - SushiSwap, Mike Novogratz said that the DeFi frenzy proves the power of bitcoin and warned of a possible correction, and after criticizing yield farming again, Vitalik Buterin revealed his vision for a new DeFi project. Also, according to Craig Wright, DeFi, Chainlink, DEXs, and stablecoins, are all a scam. In rest of the market news: Bitcoin upped its dominance, altcoins went ...
A Whole Lot of DeFi and 20 Crypto Jokes

Vale Makes Blockchain-powered Iron Deal with Chinese Firm + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Brazilian mining giant Vale has completed its first blockchain-powered iron ore sale to Chinese steel giant Nanjing Iron and Steel, per a press release and a report from media outlet NetEase. The steel producer is based in Jiangsu Province and is part-owned by the Chinese state. Vale said that the deal saw it ship 176,000 tons of ...
Vale Makes Blockchain-powered Iron Deal with Chinese Firm + More News
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