Mining
FINRA Fines Ex-Merrill Lynch Employee For Mining Crypto
The U.S. Financial Industries Regulatory Authority (FINRA) has fined and suspended a former Merrill Lynch representative for cryptocurrency mining. The undeclared outside business...
Bitcoin Miners Becoming ‘Buyers of Last Resort’ for Clean...
The latest report from CoinShares shows that renewable energy powers the vast majority of the Bitcoin mining network contrary to the “ocean boiling narrative.” Bitcoin Mining Uses...
Iran Unveils a Crypto-Mining, Water-Sliding, Sanction-Busting...
We’ve all been there. You’ve got a massive cryptocurrency mining operation, that you need to hide from a powerful foreign aggressor. So what do you do? Well, if...
What Happens When All the Bitcoins Have Been Mined?
Over 83 percent of all bitcoins that will ever exist have already been minted. Over 99 percent will be mined by 2040. So, what happens when all the bitcoins have been mined? Bitcoin...
Bitcoin Mining Difficulty Hits All-Time High – So Is Price Next?
Bitcoin mining difficulty has surged by more than 11 percent to reach a new all-time (ATH) for the network. Bitcoin Mining Difficulty Reaches ATH Data from BTC.com shows that the...
Bitcoin Miner Revenue is Approaching Yearly High
Bitcoin price regained and held ground above $8000 May 24 as new data showed miner revenues had reached their highest in 10 months. Mining Reverses 2018 Bear Market Lows Data from...
Bitcoin is Dominating Crypto Taking Over 90% of All Mining Fees
When considering Bitcoin dominance in terms of market cap and trading volume, spare a thought for the poor miners. The miners of other altcoins, that is, as they share under 10% of the...
Bitmain Losing 88% Market Share is Turning Out Great For Bitcoin...
Bitcoin mining giant Bitmain has less positive news as bitcoin price reclaims $6000 and the hash rate continues its steady climb. Its internal mining operations show a reduction of...
Bitcoin Network Hash Rate Climbs to 6-Month High
The Bitcoin hash rate has climbed to its highest level since late October 2018 as the BTC spot price looks to break $5,800. Bitcoin Hash Rate Reaches 4th-Highest-Ever Level Data from...
Square Cash Bitcoin Sales Will Overtake Mining Rate After 2020
Square’s Cash app reported record Bitcoin revenue once again, in its Q1 2019 earnings report. If growth continues at this rate, there could soon be 2 BTC bought on Square Cash...
Why Moving to Texas Could Give Bitcoin Miners Maximum Profit
Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look...
Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in...
A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23...
Binance Officially Delists Bitcoin SV (BSV) In an Unprecedented Move
Binance has officially announced that it will delist Bitcoin SV from its list of supported tokens. The cryptocurrency exchange has given traders a one-week grace period to adjust to...
China’s Proposed Bitcoin Mining Ban Would Be Good For BTC Price
China’s top economic planning body has unveiled its plan for future industrial structure, categorising industries as ‘encourage’, ‘restrict’ or...
Bitcoin Converts ‘Waste Product’ From Oil Industry into...
Bitcoin mining is an industry that seeks out cheap energy sources that would often go to waste. And in some parts of North America, natural gas is becoming pretty much exactly that...
Bitmain IPO Application Fails to Impress – Set to Expire Today
After six months of inactivity, the Bitmain IPO is set to expire bringing to a close another difficult chapter for the beleaguered cryptocurrency mining behemoth. Bitmain IPO: Dead on...