News
Bitcoin's bull market is having a dramatic effect on demand for hardware resources as miners look to ramp up production.
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Bitcoin Mining News
Bitcoin mining is a peer-to-peer process of adding data into Bitcoin’s public ledger in order to verify and secure a contract. Groups of recorded transactions are gathered in blocks and then added into the Bitcoin blockchain. Bitcoin mining requires a lot of resources to protect the network from the possibility of altering past transaction data by making all attempts in changing blocks inefficient for the intruder. Bitcoin mining is rewarded by the network through transaction fees and subsidies of new coins to encourage miners to spend their resources on mining new Bitcoin blocks. As Bitcoin mining is increasingly difficult, it has become impossible to attempt mining as an individual. As a result, most Bitcoin mining is being done by mining pools, which include several participants sharing their reward. Bitcoin mining is controversial, as it is a great tool for securing transactions but complicating the scaling of the network.
- News
The Bitcoin mining giant appoints a new director with a stellar institutional background as stock prices surge.
27531 - News
Bitcoin mining revenue has topped $20 million per day, its highest level this year.
9982 - Market Analysis
Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges.
14398 - Opinion
2020 marks a new era for mining institutionalization, bringing with it both benefits and challenges.
22666 - Opinion
China has a lot of advantages in the Bitcoin mining industry, though it won’t last forever, as more countries are entering the space.
16585 - News
A U.S. mining firm has inked agreements with foreign investors to issue $13.9 million in shares in exchange for Bitcoin miners pushing 1 EH/s in hashing power.
23579 - News
A new WEF report touts blockchain technology as a cornerstone of environmental sustainability.
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Reduced mempool activity not only results in reduced fees but gives users a chance to perform transactions that may not otherwise be practical.
51839 - News
It appears many Chinese miners have completed their annual migration from Sichuan, with Bitcoin’s hash rate spiking more than 40% in two days.
43700 - Markets News
Miners are likely starting to sell some BTC at this point.
11949 - News
At what point will greening crypto energy consumption be enough?
7079 - News
The crypto mining firm's 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy.
10604 - News
Research suggests that Bitcoin miners are holding less of the asset.
4024 - News
He claims to have spent millions of his own money, only to be tossed out of the company he co-founded.
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