The bitcoin mining arena is being heavily impacted by the coronavirus. Among the biggest firms being hit is the Nasdaq-listed Riot Blockchain, which recently submitted a report explaining that the global pandemic is taking a massive toll on its operations.Riot Blockchain Is the Latest CasualtyIn the report, the mining firm explains two major factors under the headline “general risk” that it feels are particularly dangerous to its operations. For one thing, many workers have been forced to...
Read More »Bitcoin Halving Is 42 Days Away, Hash Rate and Miners Lose Force
Bitcoin is believed to enter the miner capitulation stage, where hash rate and price drop significantly. However, some researchers claim that Bitcoin price is independent of the halving cycles, as well as of hash rate.Per TradingView general manager Pierce Crosby, the programmatic price limits have significant influence over the Bitcoin hash rate. The lower the price per coin, the lower the profits from block mining. Crosby believes that part of the network’s rigs will slow down, causing a...
Read More »HIVE Purchases BTC Mining Firm Based in Canada
Ether mining, bitcoin mining… At the end of the day, for companies like HIVE, it’s all part of the same process: extracting new coins and placing them on the market to be sold, traded and hodled if need be.HIVE Expands Its Mining PowerThat’s why an ether mining company has just purchased a bitcoin mining firm. Sure, the coins may be different, but if the technology and the methods of extraction are virtually the same, why the heck not?The company making the purchase is known as HIVE...
Read More »Microsoft Files A Patent Application For Cryptocurrency Mining Through Human Activity
Cryptocurrency mining is one of the ways to start stacking digital assets, and it appears that the tech giant Microsoft has come up with a new idea. The company has filed a patent application for an innovative system to mine cryptocurrencies.Microsoft And Cryptocurrency MiningOne of the leading technology companies in the world, Microsoft, is seeking patent protection from the World Intellectual Property Organization (WIPO). According to the application, sensors could detect certain...
Read More »CME Group Looks to Unveil Its Own Token and Extract Cryptocurrency
The CME Group in Chicago, Illinois, is proving to be one of the biggest and most influential establishments in the entire crypto community.The CME Group Is Heading for the TopThe company has gone on to break all kinds of records with its latest bitcoin futures options, which became available in late January of this year. The firm has already managed to outdo the likes of Bakkt, which arguably had greater publicity going into the bitcoin futures market and had more of a leadup before its doors...
Read More »Report: Bitcoin And Lightning Development Funding At A Healthy Level
The development funding state of Bitcoin Core is at a healthy level, according to a report compiled by BitMEX Research. They came to this conclusion by examining the leading organizations and individuals funding open-source Bitcoin and Lightning development.A Healthy Funding State of Open-Source BTC DevelopmentThe BitMEX research team based the report on publicly available information and speaking to specific individuals, who were willing to share their details. Thus, they concluded which...
Read More »BTC Mining Ventures Like California’s Digital Farms Are Being Forced to Close Their Doors
The coronavirus has caused several businesses to shut down as of late, but the price of bitcoin is also contributing heavily to economic downplay. Several mining firms and blockchain-based enterprises don’t see a point in keeping their doors open so long as the asset’s price suffers, and some companies – like mining venture Digital Farms in California – have decided to shut down “indefinitely.”Digital Farms Will Close Down for a WhileThis isn’t the first time we’ve seen the mining industry...
Read More »Microsoft patentiert Konzept für Cryptocoin und Mining System
Steigt Microsoft nun auch ein? Nachdem Facebooks Cryptocoin bereits kurz vor der Markteinführung ist, dürfte es nicht verwundern, dass auch andere Tech-Riesen einen Cryptocoin planen. Im Falle Microsofts geht es jedoch um ein Konzept, das wirkt, als käme es aus einem Science-Fiction Buch.Crypto News: Microsoft patentiert Konzept für Cryptocoin und Mining SystemMicrosofts Patent will „Body Activity“ zum Mining von Cryptocoins nutzen. Offenbar stellt man sich das System so vor, dass menschliche...
Read More »CME Group Should Start Mining Bitcoin, Board Of Directors Nominee Says
CME Group is the largest institutional provider of Bitcoin futures contracts. However, according to a nominee for the upcoming Board of Directors election, the company should also focus on additional operations, including mining Bitcoin and other companies, to create additional value for its stakeholders.CME Group Should Start Mining BitcoinDante Federighi is a nominee for CME Group’s upcoming board of directors election. He is also the co-founder of an investment managing firm called...
Read More »#843 Bitcoin & Ethereum Dreamteam, Bitmain Antminer S19 ausverkauft & BTC Mining Difficulty Crash
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 843. Heute sprechen wir über folgende Themen: Bitcoin & Ethereum bald das neue Dreamteam, Bitmain: Antminer S19 innerhalb von 24 Stunden ausverkauft & BTC Mining Difficulty fällt 16% [embedded content] 1.) Bitcoin & Ethereum bald das neue Dreamteam? – Buterin will eine Verbindung ohne Dienstleisterhttps://cryptomonday.de/bitcoin-ethereum-bald-das-neue-dreamteam-buterin-will-eine-verbindung-ohne-dienstleister/...
Read More »
Mining
