Friday, October 30, 2020

Mining

Nasdaq-listed Bitcoin miner hit by coronavirus, records a 50% drop in revenue

The Bitcoin industry has not been spared from the ill-economic effects of the ongoing coronavirus pandemic.According to a recent filing with the US Securities...

Bitcoin mining reaches its largest difficulty ever, here’s what it means

Miners on the Bitcoin network are facing the highest difficulty they ever have to generate new blocks, data shows.Network difficulty has surged to an...

Mining pool co-founder on Bitcoin mining centralization, ‘death spirals’, and money printing

CryptoSlate recently sat down with Ethan Vera, the CFO of Luxor Mining Pool and a former investment banker at Goldman Sachs. At Goldman Sachs,...

Fidelity Investments invests big in Bitcoin mining as institutions want crypto

In June, $2 trillion asset manager Fidelity Investments published a report on institutional investment in the Bitcoin and crypto industry.The Wall Street giant found...

Bitcoin mining difficulty reaches historic highs—and analysts say it’s bullish

Bitcoin’s mining difficulty saw a 10 percent upward adjustment today, causing hash rates to reach a historic all-time high of 17 trillion.Changes in mining...

Bitcoin miner outflows are showing signs of a weakening BTC market

It was a long time coming. After Bitcoin’s May 12 halving event, many in the cryptocurrency community suggested weaker miners would move out of...

“Miners don’t care,” says Ethereum dev as proposal to increase ETH scalability floats

A tweet by Bitfly, the parent firm of Ethereum mining pool Ethermine, stirred up debate over the weekend after the firm revealed miners are...