People
Bitmain Looking to Replace Its Two CEOs: IPO Jeopardized?
Bitmain, the Bitcoin mining giant, is reportedly looking to replace its two founders and co-CEOs with an in-house tech chief, sources told the South…
Priyeshu Garg 3 min read
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Largest Bitcoin Mining Pools Gutted as Bitmain Reels
The two largest Bitcoin mining pools, BTC.com and Antpool, have lost a large chunk of their hash power over the crypto winter. The two…
Mining
Bitcoin Miners Eviscerated: Japan’s GMO Shuts Down Cryptocurrency Mining Hardware Division
GMO Internet, a major Japanese-based technology company, has shuttered its division responsible for designing and manufacturing mining chips. Mounting losses from a weak cryptocurrency…
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Mining
Bitcoin Companies Purge: Bitmain and Huobi Lay Off Workers
The crypto-winter is affecting billion-dollar players in the cryptocurrency market. After the much-publicized layoffs at ConsenSys, SpankChain, and Steemit, mining equipment manufacturer Bitmain is…
Opinion
Humor: New Cryptocurrency Aims to Reduce Energy Consumption from Christmas Lights
Americans and their Christmas lights consume a staggering amount of energy. For December alone, these glowing ornaments consumed 4.5 terawatt-hours of electricity, more than…
Mining
Zcash Mining Mysteriously Spikes Despite Low Profitability
Zcash’s network hash rate has mysteriously spiked by over 40 percent since Dec. 10th. It is unknown what is causing the spike, but it…
Mining
Now Users Can Mine Ethereum (ETH) Using Idle Computing Power with Razer
Computer gaming company Razer is turning towards cryptocurrency mining to augment revenue and appeal to youth, rewarding users with tokens to spend in a…
Mining
Bear Market Forces Bitmain to Close Blockchain Development Center in Israel
The downturn of the crypto market has forced Beijing-based Bitcoin mining giant Bitmain to close its blockchain development center in Israel and lay off…
Mining
Explained: Bitcoin 51% Attacks
One of the worst things to happen to a proof-of-work cryptocurrency is a 51 percent attack. Such attacks undermine the immutability—and consequently the trust—in…
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Analysis
Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco
Mining
Bitcoin Miners Ruined by Downturn, “Selling Hardware by the Pound”; Giga Watt Files Bankruptcy
Merge
Ethereum’s New Serenity Protocol Lowers the Cost of Running Staking Nodes
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