Mining Blog & Mining News

Mining Blog & Mining News

Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket

Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom. And it seems that even though some leading companies have been going to great pains to distance themselves from the digital yuan, many Chinese investors are unconvinced, and are still snapping up tech shares at a rate of knots. Earlier this week, multiple unconfirmed reports claimed a Chinese state-ow...
Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket

Bearish Bets Being Placed on Bitcoin as Halving Nears

With the much-anticipated bitcoin (BTC) halving now less than a month away, more traders are placing bearish bets on the price of the number one cryptocurrency, signaling some degree of doubt as to how enthusiastically the event will really be received by the market. The bets, known in trader circles as put options, have risen steadily relative to the opposite bet – call options – since March 23, data from the crypto derivatives analytics provider Skew shows. Options are financial derivatives t...
Bearish Bets Being Placed on Bitcoin as Halving Nears

Bitcoin DeFi Investment, New Local Stablecoin + More News

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. Investment news Atomic Loans, a provider of non-custodial bitcoin (BTC)-backed loans, has raised a USD 2.45 million seed round, led by Initialized Capital, with participation from ConsenSys, Morgan Creek Digital, and several private investors. The startup said it aims to bring decentralized finance to Bitcoin. "Initially, this beg...
Bitcoin DeFi Investment, New Local Stablecoin + More News

Mark Cuban Might Finally Like Bitcoin If It Becomes 'Grandma-Friendly'

Outspoken American billionaire Mark Cuban has stated that he could change his stance on bitcoin (BTC) if it could become more user-friendly – and if the cryptocurrency could somehow shrug off what he called a reliance on fiat currencies. Mark Cuban, who owns the Dallas Mavericks basketball franchise, has gone on record as stating that, although he does own some bitcoin holdings, he still thinks the cryptocurrency is just as “terrible” an investment as gold. However, in an appearance on Anthony P...
Mark Cuban Might Finally Like Bitcoin If It Becomes 'Grandma-Friendly'

'Bitcoin Halving' Is Now More Popular Than 'Bitcoin' on Google

People are getting increasingly more interested in the halving of the world's number one coin by market capitalization - Bitcoin (BTC). As a matter of fact, their interest has reached an all-time high and is now stronger than in Bitcoin itself. The third Bitcoin mining reward halving is on its way, estimated to happen in less than a month, in May, and the coin is undoubtedly more known in the world than it was in 2016, before the second halving. However, it seems that those who already know ...
'Bitcoin Halving' Is Now More Popular Than 'Bitcoin' on Google

First Halvings, New Steps and 20 Crypto Jokes

The week behind us had many news and quite a few firsts for us. ETH saw a wave of buying, leaving BTC in the dust, while BTC's mining difficulty was set to increase - which indeed it did, and BCH had its first halving, with miners seen changing camps ahead of it. Meanwhile, BSV rallied ahead of its own first halving, while opinions still remain largely divided on how BTC's halving will affect its price. Ray Dalio thrashed cash as store of value, but avoided Bitcoin questions, and cryptos...
First Halvings, New Steps and 20 Crypto Jokes

Mining Monero on HTC Exodus 1s is Coming in 3 Months

HTC Exodus 1s smartphone users should soon be able to mine crypto directly on their phone. HTC, a major Taiwanese consumer electronics company, has partnered up with ASIC chip design company Midas Labs in order to enable users of the HTC blockchain-powered smartphone Exodus to utilize their devices to mine Monero (XMR) directly. This will be accomplished via an app dubbed DeMiner, which is being developed by Midas Labs. Per the joint press release, the app is expected to become available to the...
Mining Monero on HTC Exodus 1s is Coming in 3 Months

Blockchain Patents, COVID-19 Crypto Scams, Shelved Coin + More News

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 A total of 35 global multinationals have applied for a combined 212 blockchain patents in China, including the likes of Sony, Mastercard, Intel and Walmart, reports the Global Times. Mastercard has been responsible for almost a quarter of that number, lodging a whopping 46 “payment methods, payment software and pay...
Blockchain Patents, COVID-19 Crypto Scams, Shelved Coin + More News

Number of Bitcoin Whales Hits 2 Year High as Accumulation Accelerates

The number of Bitcoin (BTC) whales with at least BTC 1,000 (USD 6.9 million) in their wallets has reached its highest point in more than 2 years, or almost 1,850 entities, according to a new research. Also, the number of whales active in the market during an “accumulation phase” has not been this high since the end of 2015, crypto market researcher Glassnode said in its weekly report. In fact, according to them, the number of these large players actually increased ahead of the market crash in mi...
Number of Bitcoin Whales Hits 2 Year High as Accumulation Accelerates

Bitcoin Cash Lost 66% Of Its Hashrate, Bitcoin SV Miners Leaving Too

Today, Bitcoin SV (BSV) halved its mining reward for the first time, cutting it to BSV 6.25 (USD 1,195) per block and prompting some miners to leave the network, while Bitcoin Cash (BCH), two days after its first halving, still can't stop its miners from leaving. BSV saw its hashrate, or the computing power of the network, drop by almost 16% in 24 hours (07:35 UTC). In the past 24 hours, BCH's hashrate dropped almost 63%. Between this current number and the halving two days ago, the has...
Bitcoin Cash Lost 66% Of Its Hashrate, Bitcoin SV Miners Leaving Too

New BlockFi Investor, New Way to Stack Sats, Novogratz's Warning + More News

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. Investment news Major U.S.-based cryptocurrency lending startup BlockFi has brought on Singaporean hedge fund Three Arrows Capital as a strategic investor to the company, said the startup in an emailed press release without providing any details about the deal. The news follows the USD 30 million series B funding, and Three Arrows...
New BlockFi Investor, New Way to Stack Sats, Novogratz's Warning + More News

Bitcoin Approaches Halving With Bitcoiners Still Divided Over Its Effects

As Bitcoin (BTC) is approaching its third mining reward halving, opinions still remain largely divided on how this event will affect BTC price. A small poll of 750 Bitcoiners on March 17 showed that half of the respondents believed that the price of bitcoin would increase over the next 1 to 3 months or over 4-6 months after the halving, according to cloud mining operator Genesis Mining (they commissioned the survey). 32% of respondents said that the halving would lead to a price decrease, while...
Bitcoin Approaches Halving With Bitcoiners Still Divided Over Its Effects

The Smallest of the Biggest Bitcoins, Bitcoin SV, Rallies Ahead of Halving

In preparation for its first mining reward halving in less than two days, the smallest of the three biggest bitcoins, bitcoin SV (BSV), has outperformed all the top 10 cryptos today and in the past week. Currently (13:56 UTC), the sixth coin by market capitalization trades at USD 208. It appreciated almost 8% in a day and almost 28% in a week. The price is also up by 6% in a month and 162% in a year. BSV's 24-hour trading volume stands at USD 2.7 billion and is the 6th largest today among t...
The Smallest of the Biggest Bitcoins, Bitcoin SV, Rallies Ahead of Halving

Bisq Attacked, BUX Crypto Launched, Bithumb Got a Black Mark + More News

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. Exchanges news Bisq, an open-source, peer-to-peer crypto trading platform, said that an attacker was able to exploit a flaw in their trade protocol, targeting individual trades in order to steal trading capital. "We are aware of approximately 3 BTC and 4000 XMR stolen from 7 different victims," they said, adding that a proposal wi...
Bisq Attacked, BUX Crypto Launched, Bithumb Got a Black Mark + More News

Bitcoin Cash Miners Just Lost Half of Their Reward

The fifth-largest cryptoasset by market capitalization and a Bitcoin (BTC) hard fork, Bitcoin Cash (BCH), just went through its first halving, seeing the mining reward cut by half, to BTC 6.25 (USD 1,672) per block, which reduces the supply of new coins entering circulation. Congratulations to @AntPoolofficial for finding the block— BitMEX Research (@BitMEXResearch) April 8, 2020 As reported, this is the first of three major bitcoins to go through this event. The next one is its fork Bitcoin SV ...
Bitcoin Cash Miners Just Lost Half of Their Reward

Mining Bitcoin Just Became More Difficult by Almost 6%

While, two weeks ago, it was estimated that Bitcoin (BTC) mining difficulty might drop by 16%, it just went up 5.77 % today, as more miners turned their machines on in the past two weeks. (Updated at 09:10 UTC: the second paragraph has been updated.) The mining difficulty (used as a measure for how hard it is to compete for mining rewards) now stands at 14.7 T, or almost at the level, it was in the second half of January, according to major Bitcoin mining pool BTC.com. In the next adjustment in ...
Mining Bitcoin Just Became More Difficult by Almost 6%

Nestlé, Tesla Testing Blockchain Solutions + More News

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 Nestlé has expanded the use of the IBM Food Trust blockchain technology platform to its Zoégas coffee brand, said the major food company. Through blockchain-recorded data, the customers will be able to trace their coffee back to the different origins, and the platform will give users access to the data provided by ...
Nestlé, Tesla Testing Blockchain Solutions + More News

Bitcoin Cash Miners Changing Camps Ahead of Its First Halving Tomorrow

The fifth-largest crypto network by market capitalization, Bitcoin Cash (BCH), is halving its mining rewards tomorrow for the first time while the network is seeing a drop in hashrate ahead of the event. The halving will likely lead some BCH miners to switch over to Bitcoin (BTC), but this may be a temporary deal. One of the halvings expected this year is scheduled for tomorrow. Bitcoin's halving is in May, but its fork, BCH and Bitcoin SV (BSV), a fork of BCH, (estimated for April 10) will ...
Bitcoin Cash Miners Changing Camps Ahead of Its First Halving Tomorrow

No More Relief for Bitcoin Miners - Mining Difficulty to Increase Again

The previously expected even bigger relief for the Bitcoin (BTC) miners is not coming. Instead, starting tomorrow, Bitcoin mining difficulty, used as a measure for how hard it is to compete for mining rewards, is set to increase as more miners turned their machines on in the past two weeks. Following the second-largest drop in Bitcoin mining difficulty of 15.95% on March 26, there were initial estimates that the next adjustment may bring an even larger drop. Yet, a day before the scheduled even...
No More Relief for Bitcoin Miners - Mining Difficulty to Increase Again

Dear Bitcoiners: An Optimistic Letter To Friends And Foes Around The Globe

Below is an article by Gigi, a well-known Bitcoiner, developer, and independent writer. _ The madness of this world became obvious in an instant. Everything is changing way faster than most of us ever imagined — but I’m not worried. To the contrary, I’m weirdly optimistic — because of Bitcoin, and because of you. You probably don’t know me; I probably don’t know you. And that’s perfectly fine. However, I know some of you — and I believe that I know some of you quite well, even if we have never m...
Dear Bitcoiners: An Optimistic Letter To Friends And Foes Around The Globe

Ripple Expands in Asia, Brave & CoinTracker Reach New Milestones + More News

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 London-based international money transfer service Azimo and Thailand’s Siam Commercial Bank (SCB) have partnered up and announced a new service delivering cross-border payments into Thailand powered by RippleNet, global payments network by Ripple, an American blockchain company focusing on payments technologies. Acco...
Ripple Expands in Asia, Brave & CoinTracker Reach New Milestones + More News

Bityard Has Now Launched! Register now and earn 258 USDT for Free!

Disclaimer: The text below is a press release that was not written by Cryptonews.com. _ You’ve heard it first here, Bityard, the world’s leading digital contract trading platform, has officially launched. According to industry authoritative sources, Bityard has received a strategic investment from a US hedge fund worth 10 million dollars, creating a precedent in the industry for complex contracts and simple transactions. At Bityard, our ambition is to foster research and development of relevant ...
Bityard Has Now Launched! Register now and earn 258 USDT for Free!

Miners Pressing Bitcoin Price, but Analyst See a Bright Future

Miners are pressing bitcoin (BTC) price now, they'll likely press it more in the near future, but the future after that has a bull in it, analysts find. Miner-led selling pressure for bitcoin is high and will probably increase even more in the months ahead as it goes through its halving expected in May, finds crypto market analysis firm Coin Metrics. Though they reiterated that there isn't enough data to predict what may surround the halving, which contributes to the priced-in v. not-pri...
Miners Pressing Bitcoin Price, but Analyst See a Bright Future

Boerse Stuttgart's Crypto App Grows 40% This Year + More News

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 Boerse Stuttgart Group’s crypto app BISON, launched more than a year ago, has hit the 100,000 active users mark. The press release states that the number of active users of BISON has grown by more than 40% since the beginning of 2020. On peak days, c. 16,000 price alerts are triggered and sent as push notifications, ...
Boerse Stuttgart's Crypto App Grows 40% This Year + More News

New Gen Bitcoin Mining Machines 'To Serve For 3-4 years' + More News

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. Mining news Hardware maker Bitmain says that newer mining rigs could be used for longer than previous devices due to a forthcoming market turnaround. Per media outlet 8btc, Bitmain chief Jihan Wu stated that bitcoin was about to enter “a slow-coming and long” bull market phase, meaning that “next-generation mining machines could s...
New Gen Bitcoin Mining Machines 'To Serve For 3-4 years' + More News

Reversed Loses, Settled Lawsuits, Pickled Gold and 20 Crypto Jokes

Let's see what this past week served on our crypto table. Bitcoin and major altcoins reversed losses Monday, after the Fed announced unprecedented measures to support the economy, while Coronavirus put gold in a peculiar pickle. As BTC mining difficulty saw a historic drop, a new Cardano scaling solution was unveiled but ADA remained unchanged. BitMEX said that their BTC 35K Insurance Fund fulfilled its role during the market crash, and Coinbase said it'll allow its app users direct acce...
Reversed Loses, Settled Lawsuits, Pickled Gold and 20 Crypto Jokes

Investors Accused Ripple CEO of Dumping XRP While Touting It + More News

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 In an amended complaint filed Wednesday in the U.S. District Court of the Northern District of California, XRP investors accused Ripple CEO Brad Garlinghouse of touting the product, as well as suggesting that he was holding his XRP for the long-term while unloading XRP 67 million and liquidating the coins within days of...
Investors Accused Ripple CEO of Dumping XRP While Touting It + More News

Are Miners Waiting for Bitcoin to Hit Breakeven Point?

Johnson Xu is the Chief Analyst at TokenInsight, a token data and rating agency. __ The sharp market downturn in mid-March 2020 forced some Bitcoin (BTC) miners to switch off their mining rigs. As a result, the Bitcoin network hash rate plummeted to ~75.8 EH/s. After reaching its lowest recent point, down from its all-time high of ~136 EH/s, the network hash rate is currently hovering at ~100 EH/s. Consequently, we have seen a fall of almost 16% in mining difficulty, resulting in the second-larg...
Are Miners Waiting for Bitcoin to Hit Breakeven Point?

Panic in Bitcoin Market 'Dissipating,' Miners Returning

Bitcoin (BTC) on-chain activity and again increasing hashrate suggest positive moves in the market and the largest cryptocurrency network, according to blockchain analysis firm Glassnode. With the price stabilizing and investors slowing down the portfolios readjustments, on-chain activity has seen decreases across the board. Compared to the last couple of weeks, when the transactions were fewer in number but larger in value, transaction count now has stayed relatively stable in relation to trans...
Panic in Bitcoin Market 'Dissipating,' Miners Returning

How To Earn Crypto Rewards Through Staking & Masternode Coins?

Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. __ Staking and the Proof-of-stakes Staking can basically be called the method of setting aside a certain number of cryptocurrency coins through a node on the network of the crypto asset universe, to participate in the process work inside of the network itself. These cryptocurrency coins and networks, usually considered for staking, manage the mechanism of proof of stake. Widely known as an alter...
How To Earn Crypto Rewards Through Staking & Masternode Coins?
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