The coronavirus
pandemic altered the delivery schedule for Asian manufacturers such as Bitmain,
MicroBT, and Innosilicon.
China, the country that registered
the first Covid-19 outbreak, is home to the main companies that manufacture crypto
mining equipment. Due...
It was reported that
the processing power of the network climbed to 119 TH/s per second. The figure
is nine times higher than the hash rate achieved when BTC was priced at USD
20,000.
Bitcoin's processing...
Venezuelan police officers reported that they had arrested
two men that had been carrying nine ASIC mining devices. Even though cryptocurrency
mining is legal in the South American country, some cases of police extortion
have occurred.
The Ukrainian government decided to accept BTC, ether (ETH) and the stablecoin or stable currency Tether, as a means to support the country in the war against Russia.
The outbreak of the war...
The organization will deliver the funds as an
investment, through donations. The "Unknown Fund" considers anonymity
to be the "greatest challenge" of this era.
An organization called Anonymous created a funding instance under the
name of...
Between April and October, some
crypto-miners in China go to provinces or cities where it is not raining in
order to mine without spending large sums of money.
The rainy seasons in China have generated...
Bitcoin still maintains a significant share of PoW
mining rewards, at a level that exceeds 80%.
The rewards received by Bitcoin miners constitute an important part of
the salaries paid through the main proof-of-work
(PoW) chains....
The major mining equipment manufacturers are beginning
to resume their usual activities. The entire mining industry is preparing for
the next Bitcoin halving.
As a consequence of the outbreak of the coronavirus, the upstream and
downstream...
Skepticism is the most common
position on the possible impact of the halving. Historically, halving events have
coincided with increases in the price of the main cryptocurrency.
The decreasing issuance of Bitcoin (BTC) that
this third...
The third Bitcoin halving will reduce the reward per
mined block from 12.5 BTC to 6.25 BTC. Miners’ profits depend mostly on this
reward.
The third Bitcoin halving is soon to occur and will have...
