• On May 23rd, TradeBlock announced that it is servicing an interesting trading company called Cumberland Mining. TradeBlock says it will be enabling an “order management system and execution tool set” for the enterprise. Cumberland Mining is associated with the principal trading group DRW Holdings LLC. Not much is known about  this company, but it is said that it most likely scored 27,000 bitcoins in the US Marshals Service (USMS) bitcoin auction in March 2015. Also read:

    Cumberland Mining Has ‘Won Big Bitcoin Auctions’

    | 2016/05/24 5:00 am
  • Mining profitability calculator host CoinWarz has recently launched a calculator for Ether, the token that fuels the Ethereum platform. “Perfectly timed” with the history-making DAO crowdfund, the company believes that their calculator has hit the market just in time for Ether mining profitability to be pushed “to the moon.” Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for

    CoinWarz Launches Ether Mining Profitability Calculator

    | 2016/05/19 1:00 pm
  • Cloud mining service provider HashFlare has announced another batch of one-year Ether mining contracts. With no maintenance fees, the company believes that their contracts are the “best value” that can be found in the Ether cloud mining market. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and or services. Ether Mining With HashFlare   To

    HashFlare Offers ‘Cheapest’ Ether Cloud Mining Contracts

    | 2016/05/19 7:46 am
  • Throughout the past few months, here has been a lot of talk about Bitcoin and quantum computing. Coinfac, a company, based in Hong Kong – allegedly owned by Palantir Technologies – wants to use quantum computing for Bitcoin mining. Also read: Web Summit to Host Two-Day FinTech Event in Madrid  Palantir Technologies Not Involved in Coinfac That seems to be the big question right now, although a Palantir spokesperson mentioned there is no connection between

    Claims of Quantum Computing Bitcoin Mining Through Coinfac Debunked

    | 2016/05/13 11:37 am
  • In a surprising development on Wednesday, Bitcoin developer Peter Todd released information around MIT’s ChainAnchor project. ChainAnchor supposedly involves enticing miners with additional compensation to ensure that only transactions from a list of identified and registered users are included in blocks. The news comes at a time of accelerating initiatives to adopt facets of Bitcoin’s Blockchain technology into traditional banking and trading of other digital assets or securities. Also Read: FBI Used Invalid Warrant To Infect Tor

    Peter Todd Exposes MIT ChainAnchor Project That Enables Tracking Bitcoin User’s Identity

    | 2016/04/22 2:00 am
  • Genesis Mining is celebrating its two-year anniversary by handing out 5% discount codes to customers through April 11. Since its creation in 2013, the cloud mining service provider has achieved a user base exceeding 180,000 customers. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. 2 Years of Genesis Mining Marco Streng, Marco Krohn

    Genesis Mining Celebrates 2 Years of Service With 5% Discount

    | 2016/04/08 6:42 pm
  • BW, one of the world’s leading Bitcoin mining hardware manufacturers, have posted an update regarding the status of their 14nm mining chip. As mining chips become smaller, they should consume less energy each while offering the same – or more – hashing power. So far, it seems BW has sold out their first batch of miners already, which is a positive sign for things to come. Also read: Uphold Partners With YES BANK To Strengthen

    BW Delays Public Sale of 14nm Bitcoin ASIC Miners

    | 2016/04/07 8:00 am
  • HashFlare is a cryptocurrency cloud mining company that offers a whole suite of services. Led by a team of mining enthusiasts with a combined experience of 3 years, HashFlare hopes to contribute to the development of mining services as a method of promoting Bitcoin adoption. Disclaimer: This is a sponsored story. Bitcoinist is not responsible for this firm’s products and/or services. HashFlare: Lifetime Bitcoin, Litecoin and Scrypt Mining Contracts The Estonian company caters to a

    HashFlare Offers Top-Notch Cloud Mining Services

    | 2016/03/19 12:32 pm
  • Genesis Mining reports that the profitability on their Ether cloud mining contracts is soaring amid rising Ether prices in recent weeks. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. Genesis Mining’s Bullish Sentiments Paying Off Launched in December 2015, the Genesis’ Ether mining contracts are seeing “rapid ROI,” as the number of Ether

    Genesis Mining Ether Contracts See Explosion in ROI

    | 2016/03/16 1:03 pm
  • HashFlare is announcing one year Ethereum cloud mining contracts with no maintenance fees. The company says that, after signing up for a free account, their new Ethereum mining contracts offer the best value on the market. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. HashFlare Offers Lifetime Cloud Mining Contracts HashFlare allows customers

    HashFlare Offering One-Year Ethereum Mining Contracts

    | 2016/03/10 4:00 pm
  • Leading cloud mining company Genesis Mining has announced the launch of Logos Fund, the world’s first bitcoin mining fund. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services. Genesis Mining Launches Logos Fund The fund, called the Logos Fund, filed Form D with the SEC with the United States Securities and Exchange Commission last

    Logos Fund: World’s First Bitcoin Mining Fund

    | 2016/03/10 1:00 pm
  • Editor’s Note: This article has been modified to correct a misquote. This article originally quoted Brian Armstrong as saying that the Core team was a “Systematic” threat to Bitcoin, when he actually said Core was a “Systemic” threat. Coinbase CEO and co-founder Brian Armstrong recently published a Medium blog post titled, “What Happened At The Satoshi Roundtable.” In this post, Armstrong calls for an immediate block size increase to 2 MB, the creation of a new Bitcoin

    Coinbase CEO: Core Team is a “Systemic Threat”

    | 2016/03/04 6:03 pm
  • Genesis Mining, a well-known Bitcoin mining service, has announced the launch of the first Bitcoin Mining Fund. The fund, known as Logos Fund, is the first SEC-registered Reg D fund, and has already gathered over $100 million USD in interest from both investment groups and individuals. Genesis Mining  has committed $1 million of their own capital to seed the fund and enable growth. Also read: Boosting Bitcoin Classic Mining With Voluntary Fees on A Bitcoin Exchange The Genesis

    Genesis Launches Fund for Major Bitcoin Investors

    | 2016/03/04 6:00 am
  • Bitcoin Classic has been a point of controversy since its announcement. Taking on Bitcoin Core head-to-head, Classic proposes an immediate block size increase to 2 MB, with provisions for future increases. The block size debate has always been contentious, apt to erupt into name-calling and mudslinging. But now, with Core facing serious competition from Classic, this scalability issue may soon be forced to come to a head. Also read: Bitcoinist Weekly News Re-Hash: Bitcoin Classic

    Bitcoin Classic Drama Hits New Highs, Debate Continues

    | 2016/02/29 12:15 pm
  • An interesting shift seems to be happening in the world of Bitcoin mining, as one of the largest mining pools is going through a significant dip in hashrate right now. AntPool is one of the mining pools testing the Bitcoin Classic solution, although not in an official “live” capacity just yet. The recent drop in hashrate on the mining pool can be attributed to many possible factors, yet some people feel Antpool needs to switch

    Antpool Hashrate Drops While F2Pool Gains Close To 30%

    | 2016/02/26 3:28 am
  • In an announcement posted to the company’s blog on Medium, 21 Inc. revealed details about the 21 Bitcoin Computer’s unique ability to facilitate micropayments between users. Updates to the group’s main consumer facing product, released in November 2015 and available for $400, now open unchartered possibilities for integration and usage of micropayments for Bitcoin fanatics, entrepreneurs and developers alike. Also read: What’s Causing Bitcoin’s Current Bullish Run? 21 Inc. and Micropayments The post reads: “Today we’re announcing the

    21 Inc. Details Payment Capabilities for its Hardware

    | 2016/02/23 12:00 pm
  • The Avalon 6 ASIC Bitcoin miner is the latest in Bitcoin hardware from Canaan-Creative/Avalon. Much like the Avalon 4, the new housing makes for a streamlined cooling and setup method. Canaan-Creative, who resurrected the damaged Avalon brand, has worked hard on these next gen ASICs as well as their customer service. This effort has led to the partnership with BlockC.co for distribution. BlockC sent an Avalon 6 for review using their new distribution center in Silicon Valley. Having

    Avalon 6 Review: 3.5 TH/s ASIC Bitcoin Miner Is Stable and Powerful

    | 2016/02/08 8:00 am
  • The ongoing Bitcoin block size debate has been a source for a fair bit of controversy and discussion in recent months, but it finally looks like a decision is just around the corner. With Bitcoin Core having to address some security concerns regarding segwit, and Bitcoin Classic going into beta testing today, developers are off to the races to compile a properly secured block size solution. Antpool is upping the game by announcing beta testing

    Antpool Announces Bitcoin Classic Beta Testing

    | 2016/02/01 3:13 am
  • January 28, 2016 — This Tuesday, AMD launched GPUopen, a suite of MIT-licensed development tools for graphics and GPGPU applications. GPGPU is integral to making mining hardware profitable for many cryptocurrencies, and with the upcoming launch of Vulkan and the recent Hack of AMD’s GCN architecture, many interesting possibilities for the Mining and Cryptocurrency communities present themselves. Also Read: Bank of England Considers Distributed Ledger Technology To Revamp UK Financial Infrastructure   The Trouble with

    AMD Launches GPUOpen: Potentially Huge Boon for Cryptocurrency

    | 2016/01/28 6:47 am
  • January 25, 2016 – For the first time Ever, The bitcoin network has exceeded one Exa Hash/s, or approximately 10.8 ZettaFLOPS per second, according to bitcoinwatch.com’s aggregate metric. This makes the bitcoin network around three-hundred-thousand times more powerful than the world’s fastest supercomputer, the tianhe-2 — clocking in at ~34 PetaFLOPS, and over 43 thousand times faster than every supercomputer on the TOP500 list combined. In theory, the network could be repurposed to run a

    Bitcoin Hash Rate exceeds 1 EH/s For the First Time

    | 2016/01/25 1:25 am
  • The Bitcoin block size debate has taken another interesting plot twist in the past few hours. F2Pool, one of the largest Chinese Bitcoin mining pools in the world, has announced they support the hard fork for an increased 2MB block size. While the post on BitcoinTalk is a weird translation from Chinese to English, it looks like F2Pool might be attempting to push people to accept the Bitcoin hard fork. Not a great move in

    F2Pool Statement Indicates Plan To Hard Fork 2MB Bitcoin Block Size

    | 2016/01/18 4:36 am
  • At least one major Bitcoin mining firm has endorsed, and plans to adopt, Bitcoin Classic. Also read: Registration for D.C. Blockchain Summit Now Open KnCMiner gets on Board with Bitcoin Classic KnCMiner, based in Stockholm, Sweden, specializes in Bitcoin ASIC miners. In a note to personal confidants, which he allowed to be shared to social forums, KnCMiner CEO Sam Cooke discussed his thoughts on the so-called “constitutional crisis” now facing Bitcoin in regards to its

    KnCMiner Endorses Bitcoin Classic

    | 2016/01/17 8:00 am
  • Genesis Mining recently announced a new type of cloud mining contract that will let users mining Ethereum. It was only a matter of time until one of the cloud mining providers started looking at Ethereum contracts sooner or later. These new Ether Cloud Mining contracts will run for one year, and offer some interesting alternatives when the digital currency switches to Proof-of-stake. Also read: The Bitcoin Foundation is Dead, and That’s Probably a Good Thing

    Genesis Mining Introduces Ethereum Cloud Mining Contracts

    | 2015/12/16 2:09 pm