Mining

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...

With Bitcoin halving set to take place on May 12 and 22 days left, institutional investors are catching the fever and can’t help taking advantage of the crypto asset’s huge opportunities.Bitcoin halving has become the internet new order, with its searches scaling by the day. With a lot of anticipation leaning on a possible bull rally, institutional investors are rushing to claim a share of the pie. The block halving event is scheduled to take place on May 12, 2020, whereby the Bitcoin mining...

The coronavirus has shut down many non-essential businesses, and that has affected the bitcoin mining arena in many ways.It All Depends on Where Bitcoin Mining HappensFor several bitcoin mining ventures, where they’re located has a lot to do with whether they’re permitted to run normally during the pandemic. In Canada, for example, bitcoin mining and the extraction of new cryptocurrencies is considered essential. Thus, many firms have been allowed to remain open, though some report that their...

The bitcoin halving has got everyone on edge, and searches surrounding the term are at an all-time high.What’s Going to Happen with the Bitcoin Halving?Bitcoin has halved in the past, so it’s not like the event scheduled for this coming May is anything special. However, many analysts say that bitcoin’s future may ride on this single halving for several reasons, as it will likely determine whether bitcoin’s price spikes to its all-time high again.A halving means that the number of block...

In less than a month, the third Bitcoin block halving, arguably the most anticipated event in the crypto space as of now, will take place. After the halving, the reward that miners receive for verifying transactions and maintaining the Bitcoin network will be cut in half. In theory, the price of Bitcoin should increase after rewards divvy up, as it means Bitcoin will become even scarcer. Recall these mining rewards are the way new Bitcoin is created, and cutting them in half means that new...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 863. Heute sprechen wir über folgende Themen: FINMA beginnt Bewilligungsverfahren für Facebook Coin, Purse.io schliesst die Pforten & Ölfirmen werden in 5 Jahren Bitcoin Mining dominieren. [embedded content] 1.) FINMA beginnt Bewilligungsverfahren für Facebook Coinhttps://www.btc-echo.de/libra-lbr-finma-beginnt-bewilligunsverfahren-fuer-den-facebook-coin/ 2.) Bitcoin-Based Payment Facilitator Purse.io Shuts...

The coronavirus has had terrible effects on the cryptocurrency arena, but nothing has suffered the way crypto mining companies have suffered. The latest venture to fall victim to the stifled COVID-battered economy is Hut 8 Mining Group, a crypto mining firm stationed in Canada.Hut 8 Is the Latest Company to Get HitRecently, the company issued a statement detailing some of the concerns it had regarding how to keep its operations steady. Hut 8 says it’s experiencing heavy delays in the delivery...

Bitcoin (BTC) mining might be the long-awaited savior to the falling oil industry and might also help in stamping the legitimacy of the asset in North America and in other corners of the world.Bitcoin (BTC) mining has been a very lucrative business for most huge firms in the greater Asian region. However, with the onset of the coronavirus crisis, things have been destabilized and the serendipity of events have made the rest of the world to diversify their businesses. As the world struggles to...

The argument surrounding next month’s highly anticipated bitcoin halving is revving up.The Bitcoin Halving: Could Be Bad, Could Be GoodThe bitcoin halving is slated to bring the number of block rewards garnered by bitcoin miners down by half. The event is designed to control inflation and ensure bitcoin maintains a level of rarity that keeps it popular and useful in today’s growing financial markets.While bitcoin has halved before, this event seems to be garnering more attention than past...