Tag Archives: Bitcoin Mining

Hut 8 is a company that claims to be a new kind of mining firm. As bitcoin’s price crashes this week, some have taken notice of the increased hash rate in the bitcoin mining arena, and some are very curious how new companies are looking to extract new coins.Hut 8: New Ways to Access CoinsAccording to Andrew Kiguel, the CEO of Hut 8, the company’s name is taken from a project led by Alan Turing, a British mathematician who broke the Nazis’ enigma code during WWII. In a recent interview, he...

Tom Lee of Fundstrat fame is back in the news, and he’s being very serious when he says the S&P needs to experience a breakout if bitcoin is going to gain its momentum back. Tom Lee: If BTC Is to Do Well, the S&P Must Do WellLee has commented about this in the past. He’s convinced that BTC and the S&P share some very strong ties, and when one drops, the other is sure to follow. As of late, there appears to be a hint of truth to what he’s saying in that as the stock market has...

Bit Farms, a cryptocurrency mining company stationed in Canada, has bought more than 2,000 new A10 Avalon mining machines to improve its mining capabilities. Bit Farms Is Moving Up the Mining RanksCanada has proven to be very attractive to foreign crypto miners, who see the company as a prime haven thanks, in part, to its low energy costs and vast open spaces – perfect for building new mining businesses. At press time, the bitcoin hash rate is breaking all sorts of records, which means that...

North Korea is developing its own national digital currency. The trend follows a long list of other countries, predominantly in Asia and the Middle East such as Iran and China and is likely an attempt to thwart present U.S. sanctions. North Korea and Crypto: A Scary Mix?It’s hard to know how to feel about news like this. On the one hand, any national venture involving digital assets is likely to propel the industry forward, but at the same time, what does North Korea plan to do with this...

Many industry experts are now speculating on Bitcoin price as the top cryptocurrency has been trading sideways for quite a while after climbing more than 200% this year. The huge price increase from $3,300 to $13,000 has left everyone wondering – which way Bitcoin is heading now?It seems like everyone is waiting for something to happen, but nothing is happening. Just recently, experts claimed that Bitcoin failed to go past one of the essential resistance points at $10,500 and now could be...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 707. Heute geht’s um folgende Themen: Chinesische Behörden gehen  gegen Mining-Unternehmen vor, Das globale Finanzsystem könnte Bitcoin übernehmen & Bitcoin Handel nur Schwindel? 1.) Chinesische Behörden gehen in Innerer Mongolei gegen Mining-Unternehmen vorhttps://de.cointelegraph.com/news/chinese-authorities-plan-crackdown-on-crypto-mining-in-inner-mongolia 2.) Das globale Finanzsystem könnte Bitcoin...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 706. Heute spreche ich mit Christoph Bergmann von Bitcoinblog.de über spannende Bitcoin Themen, wie Mining, Skalierung, Adoption, Lightning, BCH, BSV uvm. 1.) Bitcoinblog.dehttp://www.bitcoinblog.de Top 10 Kryptowährungen am 14.09.19 um 09:00Uhr Sonnige GrüsseDennis “Bitcoin-Informant” Koray

A new survey conducted by analytics firm Gate Trade suggests that Telegram users in Iran are earning an average of $500 to $3,000 in cryptocurrency funds. Iran Is Boosting Its Crypto UsageIran has been heavily into cryptocurrency following new economic sanctions from the United States and President Donald Trump pulling his country out of the 2015 nuclear deal. Iran has sought ways to alleviate some of the issues stemming from these sanctions including potentially introducing a national...

Bitcoin mining equipment manufacturer Bitmain has launched two new ASIC machines for miners to enjoy. With roughly 18 million of 21 million BTC units already extracted, the world of bitcoin mining is getting rather tough and competitive, and the introduction of new equipment is likely to add strain to an already up-and-down industry. Bitmain Is Making Its Mark Once AgainIn addition to Bitmain’s machines, a new air-cooled mining container released by Northern Bitcoin based in Frankfurt,...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 701. Heute geht’s um folgende Themen: Verbot für Bitcoin Mining vorgeschlagen, Facebook wollte ursprünglich BTC nutzen & Blockchain Smartphone geht an den Start. 1.) US-Kongress: Verbot für Bitcoin Mining vorgeschlagenhttps://bitcoin-kurier.de/us-kongress-verbot-fuer-bitcoin-mining-vorgeschlagen/ 2.) Bitcoin was Facebook’s first choice says Abra’s...