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…
Mitchell Moos 8 min read
Mining News
Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
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Analysis
Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco
To successfully conduct a 51 percent attack on the Bitcoin network would cost an incredible $1.4 billion. This massive network supports over 5 million…
Mining
Bitcoin Miners Ruined by Downturn, “Selling Hardware by the Pound”; Giga Watt Files Bankruptcy
Miners have been decimated by the market downturn. In response, miners have started decommissioning hardware, mothballing rigs, and even selling hardware by the pound.…
Latest Mining News & Analysis
Merge
Ethereum’s New Serenity Protocol Lowers the Cost of Running Staking Nodes
Ethereum's new Serenity update, which will enable the network to transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus model, has been generating…
Mining
Nvidia Stock Plunges as Chip Sales Plunge With Bitcoin Prices
After a stellar rise in business over the last year due to the cryptocurrency boom, chipmaker Nvidia’s optimistic figures for graphics card demand in…
Analysis
Explained: Bitcoin Cash Hash Wars, Where the Factions Stand on the Issues
Recently, there has been a storm brewing in Bitcoin Cash (BCH). Two upgrades to the underlying software of Bitcoin Cash threaten to split the…
Academia
Chinese Principal Fired for Crypto Mining on The Job
Headmaster Lei Hua has been fired from his job at a school in Hunan, China, after a total of nine mining rigs were found…
Hacks
Canadian University Shuts Down Entire Network After Mining Attack
Last week St. Francis Xavier University in Nova Scotia, Canada reportedly shut down its entire computer network for four days due to an attempted…
Scams
Texas Securities Board Hits Two “Fraudulent” Mining Operations with Emergency Cease-and-Desist Orders
The Texas Securities Board pounces on two mining operations using social media and multilevel marketing to propagate a transnational web of “fraudulent crypto-mining programs”,…
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Mining
Will Paraguay Invest Its Excess Power Into Bitcoin Mining?
Contributor
Technology
ASIC Resistance Is Still Worth the Fight for Egalitarian Mining, This Time With Merkle Tree Proofs (MTP)
Adoption
Bitfury Considers Listing for $3 – $5 Billion in Europe’s First Major Crypto IPO
Mining
