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Blockstream Unveils Bitcoin Mining Center as Hash Rate Surges

Blockstream, by many measures, is one of the most important companies to the Bitcoin and broader cryptocurrency ecosystem. The San Francisco-based company, which was founded by the creator of the Proof of Work system that Bitcoin leverages, has found itself involved in some of the industry’s most i..

Malaysia: Bitcoin Miners Raided Over Stolen Electricity

Malaysian’s electricity company recently stormed the location of some bitcoin miners suspected to be using electricity illegally. According to a report by the Malay Mail, the electricity utility company suffered a loss of over $760,000 due to the activities of the bitcoin miners. The case of elect..

Blockstream Bitcoin Mining Services Aim To Enhance Decentralization

Blockstream yesterday announced a brace of new Bitcoin mining services, with an eye firmly on network decentralization. Blockstream Mining is a co-location and hosting service housed in two huge new data-centers, while Blockstream Pool is the world’s first mining pool to use the BetterHash protocol...

Fidelity Joins Blockstream’s New Institutional Bitcoin Mining Service

News Blockchain technology company Blockstream has announced details of its Bitcoin mining services. In a blog post on Aug. 8, the company revealed two massive data centers for enterprise class co-location services, along with Blockstream Pool, using the BetterHash protocol. Its aim is to maintain..

Bitcoin Miners Earn More in a Day than BSV and BCH Do in 1...

In one day, Bitcoin miners earned up to four times the revenue accrued by their counterparts on the Bitcoin SV and Bitcoin Cash networks combined. Bitcoin is King According to a Friday (August 2, 2019) tweet from “Shakepay,” Bitcoin miners earned $540,000 in transaction fees. This figure is more th..

Strong Bitcoin Miners Pave Way For Bullish Price Action: Willy Woo

Bitcoin Analyst/Economist, Willy Woo, is known for his stellar work on signaling models and tools to aid investment decisions. Well, now he has unleashed a new metric, the Bitcoin Difficulty Ribbon. How Difficult Can One Bitcoin Be? The ‘ribbon’ consists of several simple moving averages of mining..

Bitcoin Passes New Milestone as Network Mines 85% of Its Total Supply

News Bitcoin (BTC) now has 85% of its supply in circulation as of August 1, leaving just 3.15 million new coins for the next 120 years. 3.15 million bitcoins, 120 yearsAccording to data from monitoring resource Blockchain, Thursday saw Bitcoin miners extract the 17,850,000th unit as part of the t..

Bitcoin Still Ranks Lower Than EOS And Tron, Chinese Gov’t Says

Bitcoin remains outside the top ten cryptocurrencies according to the Chinese government, which produced fresh industry rankings July 31.CCID: Bitcoin Not A Top 10 Cryptocurrency According to the latest instalment of the rankings, which the CCID Research Institute of the Ministry of Industry and ..

Canaan Reportedly Beats Bitmain to First US Bitcoin Mining IPO

Bitcoin mining giant Canaan creative has reportedly beat fellow Chinese crypto mining hardware manufacturer Bitmain Technologies to the punch by filing for an initial public offering (IPO) in the U.S. Canaan will be hoping to follow through on its plans at the second time of asking after allowing a..

Chinese Mining Giant Becomes ‘First’ To File US IPO: Unconfirmed Report

News Chinese Bitcoin mining giant Canaan Creative has allegedly filed a $200 million initial public offering (IPO) request with United States regulators. Report: Canaan ‘beats Bitmain’ to IPO filingThat was according to a report which appeared on local social media platform WeChat on July 31, whi..

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