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. 

Bitcoin’s recent price action could relate to miner selling.
Bitcoin's Current Price Impacted by Miners? It's Possible, Analytics Company Says
Benjamin Pirus
According to the latest research from Sergio Demian Lerner, Satoshi likely restrained himself from mining Bitcoin in the first five minutes of the block interva...
Researcher: Satoshi Nakamoto Apparently Didn’t Mine Bitcoin for First 5 Minutes
Michael Kapilkov
Bitcoin's mining difficulty recently spiked, while miners hold larger piles of Bitcoin than usual.
Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty
Benjamin Pirus
Markets News
HaoBTC and Poolin shift over 7,000 BTC as bullish tendencies appear to fade and BTC/USD falls back to $9,500.
Bitcoin Price Dips as Two Mining Pools’ Daily BTC Outflows Hit $68M
William Suberg
Follow up
While many experts believe that Telegram has not compromised the security of its customers, some users have reported certain anomalies.
Russia Lifts 2-Year Telegram Ban as Questions Over Security Surface
Shiraz Jagati
Markets News
A giant 14.95% advance makes analysts confident as miners appear to balance increased costs to retain profitability.
Bitcoin Difficulty Sees Two-Year Record Surge as Hash Rate Mimics 2017
William Suberg
The Bitcoin mining ASIC manufacturing industry is expected to further consolidate, as is the wider mining farm operating sector.
BitMEX Report Points to More Consolidation in Bitcoin ASIC Mining
Marie Huillet
Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month.
Bitfury to Launch Bitcoin Mining Fund for Institutional Investors in Japan
Hisashi Oki

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