Mining

By examining numerous aspects of the Ethereum network since its launch in 2014, a cryptocurrency research firm concluded that the asset price is significantly undervalued.Ethereum DevelopmentsBlockfyre based the analysis on several core features of the Ethereum network and its performance in the past six years. Firstly, the company examined the development activities, saying that they have been continuously increasing, regardless of how the price has acted.Ethereum Development Activities....

The gap between Bitcoin’s hashrate and its mining difficulty has led to a miners capitulation –  which could result in a major Bitcoin price dump.As pointed out by trader and popular YouTuber TheMoon, large discrepancies between hashrate and mining difficulty have typically resulted in a sudden departure of Bitcoin miners in the past. This, in turn, has historically been followed by a significant BTC price drop.Seen below is a chart analysis that points out the crossover between the moving...

Apparently, not all mining companies are in good shape. Canaan Creative – the largest mining facility in China after Bitmain – has announced that sales seriously dropped during quarter one of 2020, and that the company has lost nearly $6 million despite significantly lowering prices on all its mining equipment.Canaan Creative Takes a Nasty HitIn all, Canaan has lowered the prices of all its mining machines by half in the past few months, but this hasn’t been enough to keep revenue streams...

New information suggests that local government authorities in the Chinese province Sichuan are seeking to ban cryptocurrency mining operations in the region.Contrary, sources familiar with the matter claim that these notices are misunderstood, and crypto mining will not suffer major negative consequences.A Region In China Clamps Down On Crypto Mining?The story began with the local media outlet PANews posting on Twitter the notice, which reads:“The Financial Administrative of the Sichuan...

After having fallen to around $8,900, Bitcoin price now is around $9,160. Since Monday teh asset has lost over $300 of its value.Already 10 days have passed since the last Bitcoin halving occurred but the price now is still hovering around $9K. The only thing that has since skyrocketed and not come down is the BTC average transaction fee, which at the time of reporting was averaging above $6. However, its hash rate has dropped to its yearly low of around 86.985E.This is an indication that a...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 887. Heute sprechen wir über folgende Themen: Craig Wright Statement Satoshi Coins, Private Keys Satoshi File & Iranischer Präsident will nationale Bitcoin Mining Strategie.  Die heutige Show wird gesponsert von: https://bitwin24.com/coin-fakten/ 1.) Craig Wright Statement about Moving Satoshi Coinshttps://coingeek.com/craig-wright-statement-about-moving-satoshi-coins/ 2.) Craig Wright Already Has Key to...

The bitcoin halving has come and gone, and many were worried about the state of bitcoin’s mining operations and how they would handle the coming future. Would mining remain a profitable industry, or would it sink into oblivion never to be heard from again?The Halving: Did It Hurt the Industry?While there are certainly changes the arena must deal with, bitcoin miners and mining machines are still witnessing some profits creeping into the space, suggesting that the recent halving hasn’t...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 884. Heute sprechen wir über folgende Themen: XRP als Brückenwährung besser als Bitcoin, Bitcoin Rüstungswettlauf beginnt, da neuer chinesischer Mining-Pool für Furore sorgt & McAfee Ghost Coin kopiert? 1.) Ripple soll neuer weltweiter Zahlungsstandard werden – XRP als Brückenwährung besser als...

Several supercomputers in European nations have been shut down following reports that they’ve been infected with cryptocurrency mining malware. Thus far, devices in countries such as the United Kingdom, Switzerland and Germany have all been affected and taken offline at the time of writing.Mining Malware Shuts Down SupercomputersThere is now an ongoing investigation into where the malware came from and which parties are potentially responsible for uploading it onto the computers. The malware...

Während die Regierenden der Welt gerade die Wirtschaft in den Sand fahren, gibt es doch noch einige gute Nachrichten und innovative Firmen, die Stellen schaffen und ohne Kredit vom Staat Investitionen tätigen wollen: TSM, ein Hersteller von Bitcoin-Mining-Chips,will eine Fabrik in Arizona bauen. Was dort hergestellt wird, ist allerdings noch nicht bekannt. Neuer Standort in den USA gesucht Der...