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Tag: Mining

Bitcoin mining and China crackdown: What is going on?

As you might have herd, China has been cracking down on Bitcoin miners for quite some time now. The crypto community has been raising some…

Ethereum’s hash rate sinks 20% after China’s mining shutdown orders

Chinese bitcoin miners aren't the only ones being affected by the country's high-level crackdown comment on bitcoin mining activities.

The post Ethereum’s hash rate sinks 20% after China’s mining shutdown orders appeared first on The Block.

Bitcoin Treasure Hunt Set to be Launched by ONFO

Excitement, learning, and the opportunity to get rich will be combined in one campaign. With ONFO project starting to show educational videos about cryptocurrencies, millions of people will have access to information about the intricacies of this market. Its official YouTube channel will be filled with ten crypto videos. But equally important, any viewer will […]

Bitcoin Stabilized in Asian Trading after Two-week Low

Bitcoin price settled in Asian exchanges after an explanation from China’s national bank reaffirming the continuous crackdown on digital currencies in the nation sent the world’s biggest token to a fourteen day low. Bitcoin was last up 3.17% at 32,600, having dropped over 10% on Monday. Ether, the second-greatest digital money, was up 3.54% at 1,950 in the wake of [...]

The post Bitcoin Stabilized in Asian Trading after Two-week Low appeared first on Coin News Asia.

Bitcoin Hash Rate Goes On Death Spiral Post China’s Crackdown On Miners

The great Bitcoin miners migration is well underway. And the network’s total hash rate is showing it in a big way. Currently, the number of terahashes per second is at its lowest level in the last twelve months. That means that mining Bitcoin has not been easier in a whole year. Also, there’s less competition. […]

Assessing the distribution of Bitcoin mining pools

Quick Take

  • The Block Research updates our 2019 piece on Bitcoin hash rate distribution
  • Hash rate is still geographically centered in China but that will likely change given recent regulatory actions taken on by Chinese regulations
  • Foundry, an American-based mining pool, has slowly started to grab market share

Market Analysis Report (25 Jun 2021)

Bitcoin to Become Legal Tender in El Salvador in September | Citigroup Joins Other Banks Offering Wealthy Clients Access to Crypto | Andreesen Horowitz Launches $2.2 Billion Crypto-Focused Venture Fund

Gemini’s climate initiative to help decarbonise Bitcoin

With the help of Climate Vault, the crypto platform is purchasing carbon permits for…

The post Gemini’s climate initiative to help decarbonise Bitcoin appeared first on Coin Journal.

Ethereum’s much-awaited EIP-1559 gets deployed on Ropsen testnet

As announced by Ethereum (ETH) core developer Tim Beiko, the London hardfork upgrade was successfully activated on the Ropsten test network.

The post Ethereum’s much-awaited EIP-1559 gets deployed on Ropsen testnet appeared first on CryptoSlate.

The UK police seized $158 million in cryptocurrency in a money laundering case.

The UK’s Metropolitan Police confirmed that it seized £114 million in cryptocurrency — an amount worth about $158 million — as part of an ongoing criminal investigation in a money-laundering case. The Metropolitan Police said the operation “was carried out by detectives from the Met’s Economic Crime Command on the back of intelligence received about […]

LTC Transactions Compared To Bitcoin Are 75% And Still Growing

The LTC transactions compared to bitcoin are 75% and are still growing according to the data compiled by @MasterBTCLtC that we read more about in our latest Litecoin news. The LTC transactions compared to BTC are 75% so will the transactions flip Bitcoin transactions? Some believe that this could happen soon. What’s more important is […]

Better, faster, cheaper: How DeFi will kill the retail bank

The battle for global consumer deposits is going to be the fight of the century. But to vanquish old-fashioned banks, the DeFi sector needs to up its game.

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