Mining

Binance, the world’s largest cryptocurrency exchange by trade volume, is unrelenting in its rapid expansion drive in the crypto industry. The exchange has officially launched a crypto mining platform dubbed “Binance Pool,” a move that will likely challenge top mining pools in the industry.Binance CEO Changpeng Zhao (CZ) shared updates about the new mining platform last week Friday, saying that the Binance Pool has been launched in a closed-beta phase with its first block of Bitcoin already...

DigiByte caught the public’s attention in April as its price increased by as much as 300% throughout the month. However, a recent report indicates that an unknown entity has begun monopolizing two pools of DigiByte’s five consensus algorithms and that it could, theoretically, pull off a 51% attack on the network relatively easy.DigiByte’s Reported VulnerabilityAccording to a detailed analysis posted on Reddit, an unknown entity is using superior mining hardware and is beginning to monopolize...

Taiwanese smartphone maker HTC is adding a new crypto mining feature to its Exodus I phone.HTC – Bringing New Power to SmartphonesUnder normal circumstances, mining crypto can be a relatively complicated process. Usually, it requires a hard-hitting computer with lots of energy and electrical power to get the job done. Often, the work cannot be completed with one computer alone or will require multiple mining machines to extract all the operator is looking to attain.One of the other big...

Bitcoin mining hardware manufacturer Ebang International Holdings has become the latest mining chips company planning to get listed on a major stock exchange via an Initial Public Offering (IPO) in the United States.Ebang Files $100M IPO In The USThe China-based firm has applied with the US Security and Exchange Commission (SEC), so it can raise up to $100 million from investors through an IPO in the country.Ebang is now expected to face questioning from the securities regulators to be deemed...

Ebang, a Chinese Bitcoin ASIC chip manufacturer, is looking to go public with new shares. The company has filed with the U.S. SEC for a $100 million IPO.Ebang International, one of the world’s largest Bitcoin mining machines producers, announced that it had filed for an initial public offering (IPO) in the U.S.China-based Ebang is going to raise around $100 million via this IPO. The F-1 form was filed with the U.S. Securities and Exchange Commission (SEC) on Friday, April 24. The company also...

A digital currency mining scam has surfaced in China. In an age where malicious crypto schemes are at an all-time high, China and certain other regions of Southeast Asia appear to be a growing hub for such activity.A Digital Mining Scam for the AgesThe scam stems from a company known as Antimatter Kingdom (AK), which reported calls itself a “super mining application group.” The organization runs on the CXC Chain, which first appeared in early April. As much as $11 million has been stolen from...

Egal ob Mining oder Trading, diese Kryptowährungen versprechen im Jahr 2020 die beste Performance. Egal ob Mining oder Trading, diese Kryptowährungen versprechen im Jahr 2020 die beste Performance. Investitionen in Kryptowährungen können unterschiedlich aussehen. Man hat die Möglichkeit in die nötigen Werkzeuge, die Hard- und Software, für das Mining und die Validation von Kryptowährungen zu investieren. Man kann sich Coins und Tokens...

A group of miners controlling 70% of the decentralized network PegNet hash rate manipulated the price of a Japanese Yen-pegged stablecoin dubbed pJPY. By submitting false data, they managed to artificially inflate a wallet balance of $11 up to $6.7 million but couldn’t liquidate the assets later. Miners Manipulate A Stablecoin’s Price Built on top of the Factom protocol, PegNet is a decentralized network allowing users to trade stablecoins pegged to fiat currencies, commodities, and other...

Only 19 days are left before the long-awaited Bitcoin halving. BTC mining difficulty sets to hit an all-time high, as a result, many miners may stop their business activities for a while.Bitcoin halving is approaching fast, as the block remaining to be mined until the event hits 2,837 at the time of writing. These 19 days left before the day X will be a catalyst that will push the market up in the following months, similarly to the previous BTC halving events.Bitcoin MiningThe mining...

We are now one step closer to the launch of the latest version of Ethereum, ETH 2.0, that is expected to be faster and more scalable than the existing network.Towards the launch of Ethereum 2.0, the first successful mining and validation of a block on a testnet occurred on Friday. Ethereum 2.0 is set to replace the computationally-intensive proof-of-work consensus mechanism for a proof-of-stake one.Large Ethereum holders are hence going to be rewarded for verifying transactions under the new...