Mining

Das Ethereum Netzwerk ist weiterhin davon entfernt, sich als alltagstaugliche Alternative zu präsentieren. Die Transaktionskapazität sinkt weiter, während gleichzeitig der Wettbewerb um die Mining-Blöcke gestiegen ist. Zwischenzeitlich berichteten Nutzer von Gebühren im Bereich von über 30 US-Dollar mit dem ETH.Ethereum News: Ethereum Transaktionsgebühren übersteigen 30 US-DollarDas ETH-Netzwerk hat seit Mai dieses Jahrs zirka 10 Prozent an Transaktionskapazität eingebüßt. Währenddessen ist...

China continues its crackdown on crypto exchanges. Binance and Bithumb raid rumors cause widespread FUD. Will China’s U-turn on crypto impact the market? The Peoples Bank of China (PBOC) has reiterated its position on crypto trading, vowing the immediate disposal of cryptocurrency exchanges. For weeks China’s strict attitude towards cryptocurrencies has seemingly morphed into something less stringent. Blockchain technology has been championed within the country, and a lighter touch was...

The Tor Project, fondation à but non lucratif responsable de la maintenance des logiciels pour le réseau anonymisant Tor, accepte les dons en bitcoin via le Lightning Network. Il est désormais possible de soutenir le projet Tor en effectuant des micro-transactions d’une valeur d’un dollar (13135 satoshis à la publication de cet article). A cette fin la fondation s’appuie sur BTCPay Server,...

La chaîne d’information internationale iranienne Press TV a rapporté le 13 novembre dernier qu’un porte-parole du ministère iranien de l’Energie, aurait donné, lors d’une interview (introuvable) avec le média iranien IRIB News, quelques précisions sur les nouvelles règles fixées aux mineurs de bitcoins en Iran. Le minage de cryptomonnaies serait ainsi interdit pendant les heures de grande consommation, soit plus de 300 heures par an. Le...

As previously reported by CoinSpeaker, China’s Bitcoin mining giant Canaan Creative conducted its IPO with its shares going public on the Nasdaq platform on Wednesday, November 20.Well, things have certainly not gone the way Canaan thought and it looks like the decision to go public was all done in haste. In its filing to the United States Securities and Exchange Commission (SEC) Canaan marketed its shares for $9 to $11, as per the Bloomberg report.Previously, Canaan planned to raise around...

The drop in bitcoin mining difficulty may be a sign of a strong selloff.Price should tumble as weak miners panic sell their BTC holdings.The drop would be an opportune time to buy the number one cryptocurrency.In the last few days, bitcoin has been hounded by fear, uncertainty and doubt (FUD) over miner capitulation. The FUD is largely fueled by the sudden drop in mining difficulty as well as bitcoin’s bearish price action. The number one cryptocurrency has failed to sustain its bullish...

In recent months, Bitcoin price has slowly descended from the 2019 high of $13,880 to the current levels of just above $8,130. This plunge is beginning to put weak miners out of business. In the past week, Bitcoin’s mining difficulty plunged 7% abruptly. That drop enabled miners to easily solve algorithms and mine blocks.That development means that the weak miners and those that encounter high operating costs are constantly going out of business. The new move does not go well with the bitcoin...

Bitcoin’s mining difficulty suddenly dropped. The move down indicates that inefficient miners are going out of business. The capitulation of weak miners is long-term bullish for the dominant cryptocurrency. Bitcoin’s slow descent from the 2019 high of $13,880 to its current level of $8,130 is starting to put weak miners out of business. Over a week ago, the largest cryptocurrency’s mining difficulty suddenly plunged 7%. The drop in difficulty makes it easier for miners to solve algorithms...

The environmental effects of cryptocurrency mining on our planet are allegedly more costly than we might have thought, according to a new report.Cryptocurrency Mining Report Provides a Dollar FigureThe document, which is entitled “Crypto Damages: Monetary Value Estimates of the Air Pollution and Human Health Impacts of Cryptocurrency Mining” has been published in the scientific journal “Energy Research and Social Science.” It was authored by several researchers at the University of New Mexico...

Mining giant Canaan Creative is set to launch its IPO later this month. The Avalon miner maker proceeds with its IPO despite massive devaluations. The company appears to be betting on a strong bull market, which would dramatically increase demand for mining equipment. Bitcoin mining is a delicate balance of these three factors: equipment efficiency, electricity costs, and bitcoin price. Miners often have control over the first two factors but they are at the mercy of the dominant...