Bitcoin Hashrate Futures Coming in 2020, Mining Boom Inbound?
Mining companies may benefit from a growing market for Bitcoin (BTC) derivatives to finance and support their power-hungry operations. In 2019, despite price fluctuations, mining...
Will Crypto Save Iran from a Financial Crisis?
Iran is inching closer towards the financial crisis due to sanctions, but the country might still turn to cryptocurrencies for help. Iran is in a bad place right now, as the US...
How Bitcoin Miners Are Not Causing The Price Plunge
When bitcoin starts to turn south and the selloff intensifies, fingers start pointing. The crypto community wants to blame something and the mainstream media wants to sensationalize...
Chinese Mining Giant Trades First Day Flat as Crypto Markets Dump 5%
Things are not looking rosy for Chinese bitcoin mining giant Canaan after day one of trading and they could get far worse today. BTC has dumped almost 4.5% in 24 hours and crypto...
Monero Warns Users of Malware Ahead of Hard Fork
XMR users who downloaded binary files in the past 24 hours or so might have installed malware, Monero said via its official site getmonero.org. Users Notice Weird Binary Files Some of...
Stack Sats Now: Bitcoin Block Rewards Will Be Just 1 Satoshi By 2140
With Bitcoin halving 2020 approaching, many are looking towards the future trying to predict what mining might be like in 100 years from now. What we do know is that miners will...
Bitcoin Mining is Not Banned in China: Report
All bitcoin and crypto market bullishness is emanating from China at the moment. One industry insider has just revealed that, contrary to earlier reports, China will not be banning...
Cost of Storing Bitcoin Increasing, Currently Estimated at 2.1% pa
There are a number of costs associated with using bitcoin and while it is still far cheaper than using traditional banks, they still need to be accounted for. Storage of the digital...
Bitcoin Network Experiences Slowest Block in 5 Years
The Bitcoin (BTC) network produced an unusually slow block, taking 119 minutes to discover the block number. The anomaly is happening despite the record activity of miners. Slow Block...
Explosive Mining Growth Indicates High Confidence in Bitcoin (BTC)
Bitcoin miners are not giving up, showing immense confidence and working against significant network difficulty. The last difficulty hike from September 13 made it 10.38% less likely...
Litecoin (LTC) Bleeds Hashes as Miners Abandon Ship
The Litecoin network was a boom-and-bust story in the summer of 2019. Miners started to abandon the coin as soon as the block reward went through a halving on August 5. Litecoin Reward...
Bitmain Loses $625 Million In Two Months, But Pins Hopes On New Tech
Bitcoin mining rig manufacturer, Bitmain, reportedly made losses of $625 million in the first two months of 2019. However, it has high hopes for a turnaround based on demand for new...