Mining

Merely days ahead of the Bitcoin halving, Ukraine and Iran are taking steps into expanding mining services within their borders.Ukraine plans to utilize excess nuclear power, while the Asian country has granted a license to a Turkish company to operate up to 6,000 mining rigs in Semnan.Nuclear Power Utilized For Crypto Mining?The Ukrainian Ministry of Energy and Environmental Protection recently published a press release outlining the possibility of adopting cryptocurrency mining soon....

The Bitcoin halving 2020 will be here in just one short week. And while we don’t know the exact date and time yet (more on that in a minute), it’s a fairly big deal. That’s because if we look at previous Bitcoin halvings, we see a pretty clear trend of the Bitcoin price rising shortly after the halving. So what exactly is “the halvening,” why does it happen, and why don’t we know when it will occur? In this article we’ll explain everything you need to know. What does the...

10 years have passed since the birth of Bitcoin and the first use of Blockchain, a technology that has not stopped evolving, and it is no wonder. Blockchain has opened a huge world of opportunities for both large companies and individual users, not only for the development of new applications or improvements to computer systems but for the possibility of obtaining rewards through cryptocurrency mining, thus creating a market which is more competitive every day. In this sense, we see that...

As BTC halving is expected to happen next week, Bitcoin network’s mining difficulty has reached close to its all-time high of 16.55 trillion. Bitcoin’s mining difficulty adjusts itself every two weeks or every 2016 blocks depending on the competition in each adjustment cycle.We are just seven days from one of the most-awaited events of 2020, the next Bitcoin halving. Next week, the world’s largest cryptocurrency will undergo halving cutting the mining rewards to half. As scheduled, Bitcoin’s...

Bitcoin intelligence, data, and analytics firm Glassnode found the Bitcoin hash rate hit a new all-time high over the weekend, ten days before the Bitcoin halving event.In other words, miners are putting more computational power into maintaining the Bitcoin network. Because miners must venture electricity and capital intensive computer processors to mine Bitcoin, the increase in hash rate is a bullish sign. It means miners are after the Bitcoin rewards they get from maintaining the network....

Less than two weeks before the third-ever Bitcoin Halving, Micree Ketuan Zhan, the ousted co-founder and chairman of Bitmain, received a partial legal victory in the Beijing Haidian District Bureau of Justice.The Bureau reversed a decision from January 2nd, which allowed current CFO Luyao Liu to replace CEO Jihan Wu as the registered legal representative of the Beijing branch.Zhan Scores One On BitmainThe leading Bitcoin mining firm’s leadership issues have been going on for years now. They...

A Chinese city known as Ya’an is asking all its bitcoin and crypto miners to use up all its excess hydropower.Ya’an: Use Up Our Water!Ya’an is known as being one of the biggest bitcoin mining hubs in the country of China. It has recently put out a notice telling all crypto miners that there is a surplus of hydroelectrical power, and it wants to see it used up before the summer, which is typically a very rainy season for those living in the area. The rain will provide more water to be utilized...

The good news has arrived, folks. Bitcoin – the number one cryptocurrency by market cap – has broken $7,700 in what looks like a continuation of its recent bullish behavior.Bitcoin Has Shot Up By $200The good news is that the currency is consistently rising and experiencing what appear to be daily spikes. Bitcoin has jumped from $7,500 to about $200 higher since late last week. Everything has been pumping as of late, with assets like Ethereum breaking $190 for the first time in months and...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 871. Heute sprechen wir über folgende Themen: Ich brauche deine Hilfe, Bitcoin Mining Boom in China & Tron (TRX) DApps werden Teil von Samsungs Galaxy Store 1.) Ein besonderer Tag – Der 40. Geburtstag meiner Frau. Hast Du Lust sie zu überraschen? Schicke ein kleines Geschenk:BTC: 3EJmrbVJZnTwXuoKcv1CMaLUz4yfzBGgKjETH: 0x27fc92400556d9e67259708a8667c90c25a98bd9 2.) Bitcoin Mining Boom in China? – Regierung...

Microsoft and cryptocurrency have developed a strong relationship over the years, but its latest maneuver is likely to make many crypto fans raise their eyebrows in a state of confusion and concern.Microsoft to Unveil New Mining Technology – Through Your Brain?The computer and software giant has recently unveiled a new patent application for technology that’s in development. This technology is designed to monitor bodily functions – like your brain activity – to mine cryptocurrency.How would...