Mining

On Thursday, June 18th, the leading cryptocurrency behaves atypically, hardly moving at all. Bitcoin is trading at around $9,500 now.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Bitcoin price analysis.The difficulty of mining BTC has increased now.Microsoft is testing a BTC-based product.On W1, the Bitcoin stopped under the resistance level. Technically speaking, the cryptocurrency keeps trading under 61.8% Fibo. This consolidation means another bounce off this level. The aim of the...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 906. Heute sprechen wir über folgende Themen: Ethereum Supply ist weniger als erwartet, Bitcoin Mining Schwierigkeit steigt rasant an & Kommt das komplette Krypto Verbot in Indien? Die heutige Show wird gesponsert von VeraCash.com – Das goldgedeckte Konto, mit dem Du überall bezahlen kannst –  www.veracash.com/  & www.veraone.io – 100% goldgedeckter ERC20 Token. 1.) Vitalik: Ethereum Supply Is 40M Lower...

Canaan Creative has some monster-sized decisions to make if it wants to stay in business and compete with the likes of Bitmain and other mega mining ventures.Canaan Creative Isn’t Where It Needs to BeCanaan Creative is arguably the second-largest crypto mining firm in China after Bitmain, and yet the company isn’t doing so hot since the halving. Stock shares in the company have fallen well below the two-dollar mark, suggesting that people just aren’t interested in the company’s equipment – or...

In this article, we will take a look at the role that cryptocurrencies play today and at the changes that may happen for them in the future.More and more things are going online these days and monetary transactions and business are no exception. You have probably heard about cryptocurrency and all the potential it supposedly possesses. Maybe you are thinking of investing in it or perhaps even mining it yourself. Cryptocurrency can be difficult to get a proper grasp on, but essentially...

A popular blockchain security company finally revealed who was the sender of last week’s Ethereum transactions with abnormally high fees.Reportedly, it’s a small South Korean cryptocurrency exchange that pays little to no attention to its security protocols.The BackstoryLast week, CryptoPotato reported on two transactions with abnormally high fees that took place on Ethereum’s network. Both of them were sent out from the same address. The first carried 0.55 ETH and paid a fee of 10,668 ETH,...

The Jakarta Metro Police have arrested US national Russ Albert Medlin, considered to be the unofficial owner of the large cryptocurrency Ponzi scheme BitClub Network. The police acted after receiving a tip that Medlin has been involved in a child prostitution ring.BitClub Network Owner Arrested In IndonesiaThe Jakarta Metro Police’s Cyber Crimes Directorate captured Medlin in Kebayoran Baru, South Jakarta, on Sunday, a report informed. On the day of the arrest, police officers intercepted and...

The Republic of Kazakhstan continues to maintain its bullish stand on cryptocurrencies and crypto mining operations. The central Asian country is planning to attract millions of dollars of investments to its domestic crypto industry within the next three years, local media reported Tuesday.Askar Zhumagaliyev, Kazakhstan’s Digital Development, Innovation, and Aerospace Industry Minister, made this known while addressing the Senate in a June 11 plenary session.Crypto And Mining Are Part Of...

The mining pool, which processed a mysterious Ethereum transfer carrying a needlessly excessive $2.6 million transaction fee, has announced it will distribute the millions among its miners.Bitfly, which operates the Ethermine mining pool, announced the decision on Monday, stating that four days is long enough for someone to have come to claim it.Miners Will Keep $2.6 Million Ethereum FeeAs announced by BitFly via Twitter on June 15:As the sender of the transaction https://t.co/h21A2Th4fw has...

No doubt bitcoin has been moving through hoops and tunnels since the coronavirus took hold of the global economy, but thanks to companies like Grayscale, it doesn’t look like the currency is about to lose its steam anytime soon.Grayscale Is One of Many Companies Supporting BTCBack in March, the currency saw its price fall into the mid-$5,000 range. This was after it had spent the whole previous month trading for well over $10,000, a price the currency hadn’t seen in roughly half a year. From...

Despite a particularly shaky month, new research suggests that bitcoin miners pulled in a hefty amount of revenue in May – the month of the highly-anticipated third halving.The Halving Didn’t Affect Bitcoin Earnings MuchMay really had everyone up in arms over the halving. The event had people excited just as much as it had them worried. Crypto analysts went back and forth about what would happen following the halving. Crypto would go up very quickly; it would come down with a thundering...