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Mining Sector Sees Extreme Volatility Amid Coronavirus and Crash During Q1

Samuel Haig 2 hours ago Mining Sector Sees Extreme Volatility Amid Coronavirus and Crash During Q1 TokenInsight reports that Q1 2020 saw significant hash rate volatility and some mining farms fell into negative performance. 5058 Total views 40 Total shares Listen to article 0:00 News Crypto resear..

Miner Survivability Post-Halving: A Hash Rate Comparison

Alejandro de la Torre 2 hours ago Miner Survivability Post-Halving: A Hash Rate Comparison Poolin releases figures showing current hashrate distribution in the lower quartile to calculate miner capitulation after the halving of Bitcoin’s block subsidy. 1195 Total views 48 Total shares Listen to ar..

Next-Generation Bitcoin Mining Hardware Arrives Just In Time For BTC Halving

Samuel Haig 9 hours ago Next-Generation Bitcoin Mining Hardware Arrives Just In Time For BTC Halving MicroBT has unveiled its coming series of 100 TH/s miners for the post-halving block rewards, igniting competition with Bitmain. 4142 Total views 71 Total shares Listen to article 0:00 Interview Bi..

Bitmain to Compensate its Past Customers After Price Cut

News Leading cryptocurrency mining application specific integrated circuit (ASIC) producer Bitmain announced the intention to grant a partial refund to the customers that bought its AntMiner S17+ and T17+ before the price cuts. A post published by Bitmain on April 14 announced that customers who p..

Bitmain S19 Antminers Sell Out, Won’t Ship Until May 11

News The world’s largest manufacturer Bitcoin ASIC miners, Bitmain, has sold out its first round of domestic Antminer S19 sales within 24 hours of accepting orders. On March 23, Bitmain tweeted that it opened up its first phase of domestic sales for its long-await Antminer S19s — before selling ou..

The History of the Bitter Debate Over Ethereum’s ProgPoW

In depth The Ethereum (ETH) community has recently been engaged in a bitter debate sparked by a proposed mining algorithm change. Dubbed ProgPoW, the proposal would invalidate all currently existing ASICs to only allow mining Ethereum with a GPU. While ProgPoW was born in 2018, it has seen alterna..

Canaan Faces Class Action Lawsuit Alleging Dubious Practices During IPO

News Blockchain services and cryptocurrency mining hardware producer Canaan is facing a class-action lawsuit filed by investors following claims of dubious practices for attracting investments. Investor rights-focused law firm Rosen Law Firm has initiated the suit on behalf of Canaan securities p..

Canaan Used ‘Bogus’ Deal to Attract Investment, Argues Analyst

News A report by Marcus Aurelius Value, an analysis organization, argues that the Nasdaq-listed ASIC manufacturer Canaan (NASDAQ: CAN) misrepresented its potential revenue for 2020. At least one of its clients is an alleged related party who is unable to honor the $150 million purchase contract. A..

Ahead of Bitcoin Halving, Bitmain Announces Upcoming Antiminer S19

News Leading mining hardware manufacturer Bitmain has announced two new upcoming miners — the Antminer S19 and the Antminer S19 Pro. According to a press release on Feb. 27, the Antminer S19 will boast a hash rate of 95 terahashes per second (TH/s), and the Pro will offer 90 TH/s. However, Bitmain..

Ethereum Anti-ASIC Protocol Delayed As Crypto Developers Mull

Ethereum Developers Delay ProgPoW Activation Per previous reports from this outlet, early last month, Ethereum (ETH) developers convened in a meeting that glossed over a number of subjects, including the network’s ASIC-resistant qualities. After some deliberation, the project’s core developers deter..

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Central Bank Digital Currencies Will Not Affect Bitcoin

With greater interest by central banks around the world to create digital versions of sovereign fiat currencies, there are some concerns about how this...

Venezuela is Serious About Building Up Bitcoin Reserves

Holding reserves in currencies and investment commodities is something that nearly all central banks practice. The United States Federal Reserve, for example, keeps ample...

Cryptocurrency Market Surging on Fundamental Developments

The world of digital currency trading posted very solid transaction volumes on May 8 as Bitcoin returned to its highly anticipated $10,000 level. The...

South Korea is Preparing for a Sovereign Cryptocurrency Future

Over the next two years, the central bank of South Korea will be working on a blockchain project that would create a digital version...

How Blockchain Applications Are Being Used During the COVID-19 Pandemic

A couple of major blockchain development conferences have been canceled, and the cryptocurrency markets are feeling the economic impact of the coronavirus pandemic, but...
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