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. 

Markets News
The drop-off in Bitcoin mining revenue to 2019 levels show a macro bottom for BTC is near as the impact of the halving is starting to be felt.
Miner Revenues Crash, But This Has Always Marked Bitcoin Price Bottoms
Joseph Young
Someone just moved Bitcoin from a wallet that has not been active for over 11 years, but Adam Back does not think it was Satoshi Nakamoto.
Adam Back Thinks Recent BTC Move Wasn't Satoshi
Benjamin Pirus
We have now officially entered the 6.25 block subsidy era, and the fourth Bitcoin halving started to count down.
A Closer Look at the Bitcoin Network’s Post-Halving Hash Rate
Johnson Xu
Biotech firm-turned-Bitcoin miner Riot Blockchain disclosed strong results for Q1 2020 in its latest quarterly report filed with the U.S. Securities and Exchang...
Riot Blockchain’s Bitcoin Mining Revenues in Q1 Rise 70% Year-on-Year
Marie Huillet
Event Recap
Industry leaders from Bitfinex, Poolin mining and TradeBlock research briefed a number of timely topics, including halving effects on Bitcoin amid COVID-19 unce...
Recap of Cointelegraph Talks: Bitcoin's Block Reward Halving
Benjamin Pirus
Does Binance’s venture into mining threaten the integrity of blockchain systems?
Binance Pooling up Mining Game Amid Centralization Concerns
Kirill Bryanov
About 37% of the crypto community expects BTC’s hashrate to be higher 1 month after the block halving than it currently is.
37% Expect Bitcoin's Hashrate to be Higher After Halving: Poll
Adrian Zmudzinski
Chinese officials from the Yaan municipality released a statement on the use of the local hydropower-derived electricity for cryptocurrency mining operations.
Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining
Adrian Zmudzinski

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