Mining Blog & Mining News

Mining Blog & Mining News

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Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. Cryptocurrencies have been all over the news lately. This is largely due to their wild price fluctuations. However, what seems to be forgotten amongst all the talk of all-time highs and 60% corrections is that you can actually use them to buy things with. You know, like a currency? Every year the list of retailers prepared to accept payment in some form of cryptocurrency is expanding too. Today...
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Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. Bitcoin continues to make its early adopters rich but how much of a risk is making an investment today? There are all kinds of factors to consider. Will governments try to ban it? Can governments successfully ban it? Will quantum computing or another cryptocurrency render the Bitcoin technology obsolete? Of course, then there’s risks inherent with any investment. Do you look after it yourself, ...
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As a group of mining pools announced their infrastructure funding plan for Bitcoin Cash (BCH), the crypto industry players are discussing if this is a dictatorial move, if it's a soft work, and to how many more forks it may lead. Jiang Zhuoer, CEO of one of the largest mining pools on Bitcoin Cash (BCH), BTC.TOP, published an intention to direct 12.5% of BCH coinbase rewards to a fund that will support Bitcoin Cash infrastructure. This is a "6-month short-term donation plan," (May 15-November 1...
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Uzbekistan’s president has produced a draft decree that will see tax authorities in the country waive taxes on cryptocurrency trading and transactions – for both Uzbeks and non-nationals living in the country. As previously reported, the government has been keen to implement the new measures – as well as new mining regulations – since the turn of the year. However, according to a document posted on the government’s official website, the draft decree could be implemented as early as February, wit...
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news A central bank group will assess potential cases for central bank digital currencies (CBDC). The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank, the Swiss National Bank, and the Bank for International Settlements (BIS) have created a group to share experiences...
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news The Venezuelan government will create a “crypto casino” in the Hotel Humbolt de Caracas in the country’s capital. Media outlet Criptonoticias reports that the only cryptocurrency likely to be accepted in the casino is the state-issued, oil-backed petro token – although gamblers will be able to buy petro using other c...
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The South Korean government is reviewing a proposal that could see it introduce a tax on cryptocurrencies. Meanwhile, new Russian Prime Minister Mikhail Mishustin appears keen to see the government adopt a crypto tax law by spring 2020. Per news agency Yonhap, the Korean finance ministry is currently mulling a plan that would see crypto taxed in income tax declarations. Earnings would be taxed at what would come out to a rate of around 20%, with coins to be classified as “other or miscellaneous ...
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Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. __ We rarely make a big deal about crypto tech upgrades. We dissect them. We run them through our technology model. And we give you our objective analysis. Period. But this is an exception. Ethereum 2.0 is now finally moving forward in a substantive way, and it’s slated to have...
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. IPO news Proof of Trust Ltd said Friday it is planning to float its shares on the Main Market of the London Stock Exchange in an unspecified future, reported Alliance News. The firm uses smart contracts to manage arbitration or dispute resolution that may arise from any transactions using blockchain. The Swedish crypto exchange BT...
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While Craig Wright news prompted bitcoin SV (BSV) rally is still based on speculations, rather than clear answers, the price of now the 4th largest coin has already dropped from its heights reached earlier today. At pixel time (11:15 UTC), BSV trades at c. USD 362 and is down 17% from its peak of USD 436. The price even touched USD 327 earlier today. So far, this is the biggest correction during the recent rally. In either case, it's still up 77% in a day, increasing its weekly gains to 212%. B...
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CCBOX.IO is a payment tool that bundles faucets into one node. Here you can accumulate and withdraw cryptocurrency. CCBOX has an API for instant transactions without fees.
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Proof of Stake has become fashionable. Towards the tail end of 2019, a growing number of crypto-exchanges and platforms added support for proof-of-stake (PoS) tokens, as well as for staking services that invest PoS crypto on the behalf of users. At the same time, the number of proof-of-stake digital assets grew, as did the amount of value staked in them. Such growth is set to continue in 2020, with analysts expecting more PoS projects to come online in the new year. Not only that, but they expe...
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2020 will see the mining pools start to integrate more altcoin mining with huge market potential and risks, says token data and rating agency TokenInsight. The agency's 2019 mining industry report claims that there are only 64 mineable coins including Bitcoin (BTC) with more than USD 100,000 trading volume in 24 hours, and these (with BTC) account for 82% of total crypto market capitalization. What we're seeing now is altcoin mining and staking entering the “main” stage, says the report. These w...
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As the 20th coin by total market capitalization, Ethereum Classic (ETC), is set to go through another upgrade, Agharta, in three days, its price is up by more than 30% in the past month, which is 4 times more than in a month leading to its previous upgrade, Atlantis, on September 12, 2019. In comparison, bitcoin (BTC) went up c. 7% in the past month, while in September (the same period when ETC neared Atlantis) it fell 11%. In the first month after the Atlantis upgrade, ETC was moving similarly ...
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2020 could be “one of the brightest years” that the digital asset industry has seen so far, finds Vision Hill,a New York-based full service digital asset management firm. They also provided a framework for how investors can think about approaching the digital asset market next year. Their report explains that this opinion is not price-related, but that we’ll see the industry maturating faster. The company expects the public digital asset market to continue recovering next year, showing that ther...
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YouTube has continued the attack against crypto-related videos, and the events in the past two days have made some content creators hide their videos, or just abandoned crypto content altogether. Others are calling for a YouTube boycott. As previously reported, the Google-owned American video-sharing giant has been restricting some crypto-related videos. Many more people based in different countries are alleging that one or more of their videos have been removed and that they've received strike...
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The Customer Electronics Show (CES 2020) is already in full swing. And this year’s event, now being held in Las Vegas and winding up on January 10, will have a special significance for the cryptocurrency and blockchain industry – following on from themes first explored at CES 2019. But for many, this will be the year when innovators and industrialists must stop talking about blockchain, and actually start making money from it. Nowhere is that truer than South Korea – where many of the country’s ...
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulations news Russia’s Central Bank has said it is ready to test stablecoins in regulatory sandbox conditions. The bank’s governor, Elvira Nabiullina, is known as one of Russia’s greatest arch-skeptics. But per Interfax, Nabiullina now says she wants companies who “want to issue tokens secured by assets” to test their coins in ...
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There isn’t enough data for us to know for sure or predict with any certainty how Bitcoin (BTC) will behave before or after the mining reward halving, so there’s no room for stress, panic or wild predictions. The next BTC halving is the talk of the town, and it is safe to expect that it’ll continue to be (increasingly) so until the actual event in May 2020. But the new report by crypto market analysis firm Coin Metrics says that we simply do not have enough information to know how the world’s mo...
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After YouTube's attack on crypto-related videos that lasted for several days, forcing quite a few creators into hiding for self-preservation, now the Google-owned giant says it wasn't intentional, followed by the YouTubers' return from exile. YouTube has finally provided a response to the situation and to individual channels, following days of silence and speculations about the reason behind platform's striking the videos as harmful and dangerous. Hey there, this was an error on our side during ...
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Alibaba subsidiary and AliPay operator Ant Financial has announced that its enterprise blockchain platform will move out of beta testing and go live in February. Per a report published by Bihal23, Guofei Jiang, Ant Financial’s vice president, has stated that the new platform will allow small firms and micro-enterpr...
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Long lines are reportedly forming at Venezuelan stores that accept Petro (PTR) pay, reports Venezuelan media outlet Panorama. The news outlet published photographs of what it says are customers queuing up to spend their state-issued, oil-backed tokens at some of what Caracas claims are the 4,300+ stores nationwide th...
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George McDonaugh is the CEO and Co-Founder of KR1 plc, the London listed cryptocurrency and blockchain investment company. Facebook’s Libra, Twitter, Digital Fiat, and China Let’s look at some macro trends circling the esoteric inner core of this ongoing technological revolution. First up there’s Facebook’s Libra, which currently is a swirling mass of confusion. It’s clearly become a major part of the world’s biggest social media giant’s roadmap and they’re throwing a lot of resources at it. Fo...
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Here is what happened in the Cryptoworld in the second quarter of this year: Total crypto market capitalization in Q2 April The quarter started with Bitcoin price suddenly jumping by 16% in an hour, reaching USD 4,882 per coin, the level last seen in November 2018, then it went above USD 5,000. This all prompted numerous crypto forecasts to start pouring in. Singapore-headquartered blockchain company Pundi X blamed the bear market and long certification process for missing their expansion targe...
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In December, Micree Zhan Ketuan, the ousted co-founder of the world's largest producer of Bitcoin mining equipment, Bitmain, reportedly asked a Cayman Islands court to reverse a shareholder decision that cost him voting control of the crypto-miner. Shareholders voted then to convert Bitmain’s Class B shares to one vote per share, versus 10 votes previously — effectively slashing Zhan’s influence, Bloomberg reported, citing documents presented to the court. Zhan wrote in a letter published Novem...
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The popular oft-debated narrative of Bitcoin (BTC) as a safe haven is being tested yet again, following the U.S. strike in Iran. (Updated at 17:00 UTC: updates in bold). Iranian Major-General Qassem Soleimani, head of the elite Quds Force, and Iraqi militia commander Abu Mahdi al-Muhandis were killed in an air strike on their convoy in Baghdad airport by the U.S. airstrike late on Thursday, reports Reuters. Veteran war-zone correspondent and political analyst Elijah J. Magnier posted a Twitter t...
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Contestants taking part in the Argentinian edition of TV game show Who Wants to Be a Millionaire? were quizzed on their knowledge of cryptocurrencies. Per Criptotendencia, two contestants were asked to state which of the following four was not a cryptocurrency: Petro (PTR), Bitcoin (BTC), Vencum or Ethererum (ETH). T...
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Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund's (IMF) Monetary and Capital Markets Department. Tommaso Mancini-Griffoli is a Deputy Division Chief in the same Department. _ Central Bank Digital Currencies (CBDC) is a complex and multidisciplinary topic requiring active analysis and debate. It raises questions related to monetary policy, central banking operations, and payment systems—as well as financial stability and legal foundations and regulation. ...
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Here is what happened in the Cryptoworld in the last quarter of this year and this decade: Total crypto market capitalization in Q4 October We started this quarter with looking who is to blame for Bitcoin price crash. We were in for a surprise when a German bank stated that Bitcoin prices are in for a major boost next year and that current prices do not take into account the upcoming halving. Speaking of which, the discussions on the halving and what it might mean for the future of BTC miners h...
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Osaka prosecutors have charged Meijo Gakuin Educational Corporation executives with embezzlement, claiming they over misappropriated local education authority funds. Per Nikkei, a former director allegedly used just short of USD 1 million of funds from a school property sale to buy cryptocurrencies in 2017. Police raide...
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