Shaurya Malwa · 29 mins ago · 2 min read · Insights via Da Hongfei
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The Chinese state does not present a long-term threat to Bitcoin, a well-known developer wrote in a blog this week.
CryptoSlate recently sat down with Ethan Vera, the CFO of Luxor Mining Pool and a former investment banker at Goldman Sachs.
In June, $2 trillion asset manager Fidelity Investments published a report on institutional investment in the Bitcoin and crypto industry.
Bitcoin’s mining difficulty saw a 10 percent upward adjustment today, causing hash rates to reach a historic all-time high of 17 trillion.
Weeks after the Bitcoin halving in mid-May, miners are seemingly moving out of China and into Europe — with one prominent mining pool stating geopolitical tensions between the United States and China are a major catalyst.
The Chinese-based Bitcoin mining giant Ebang is the latest crypto company to list on the public markets.
It was a long time coming.
A tweet by Bitfly, the parent firm of Ethereum mining pool Ethermine, stirred up debate over the weekend after the firm revealed miners are voting to increase GAS limit from 10,000,000 to 12,500,000 each block.
Bitcoin and Ethereum miners are pocketing over 99 percent of all fees generated by the broader crypto-mining ecosystem, on-chain analytics firm Messari said Friday.
A new report by Bitcoin trading giant BitMEX focussed on the BTC mining industry, exploring if three mining giants could IPO on United States markets and if China’s Bitcoin mining could grow.
Bitcoin miners are having a field day; if they are taking advantage of the negative adjusted difficulty, that is. The network’s protocol jumped over the weekend to over 110 terahashes per second (Th/S) at of June 8, just 10 Th/S below its May 12 all-time high of 122 Th/S.
Internal struggles at Bitmain, the biggest Bitcoin mining equipment maker in the world, are persisting.
Weeks after Bitcoin’s now-concluded halving event, data collated by on-chain analytics firm Glassnode shows “weaker” miners might have sold all their digital holdings.
Investors and analysts who had believed that the mining rewards halving would reduce the selling pressure placed on Bitcoin appear to have been proven right, as selling activity from miners has plummeted in recent weeks.
Bitcoin bore witness to its seventh-largest negative difficulty adjustment seen in its relatively brief history.
Behaviors seen amongst Bitcoin miners can provide insights into the state of the crypto market, as they are the collective group responsible for both running the BTC network and placing a steady stream of selling pressure on the market.
Bitmain’s launched its new T19 mining rig yesterday, featuring improved software and efficiency.
The world’s equity, fuel, and bonds markets have entered into uncertain and volatile periods — driven on the back of unstable trade wars, changing fundamentals, and the ongoing coronavirus pandemic.
Bitcoin mining, long known as an obscure activity limited to cyberpunks and dominated by Chinese brands, can now be an alternative investment option for accredited investors looking to take a BTC bet.