Bitcoin Mining

Bitcoin mining industry suffers due to coronavirus outbreak.

As the world continues to fight the coronavirus pandemic, financial markets all over the continue to plunge. The Crypto industry also has not been immune to the coronavirus outbreak as the leading cryptocurrency witnessed massive swings last month. The...

What’s the Difference Between Staking & PoS in Cryptocurrency?

Crypto Mining Yields: Everyone knows that crypto is the booming currency since it got started, but a lot of you probably don't about the mining process, which is quite popular in the blockchain. Crypto Mining Yields could be a...

Bitcoin Bear Flag Formation & Death Cross: Target of BTCUSD can be $3000-$3500

Bitcoin Bear Flag Formation & Death Cross: BTCUSD could soon reach $3000 levels Bitcoin is most likely headed towards a significant price drop in the short term and could very well enter a prolonged Bearish phase in the long term....

Micree Zhan files a lawsuit against Bitmain’s subsidiary Fujian Zhanhua in China.

Micree Zhan has filed a lawsuit against Bitmain's subsidiary Fujian Zhanhua Intelligence Technologies, and Beijing Bitmain Technologies as a related third party. This time Zhan has filed the lawsuit in China's Fujian province. The hearing of the case was...

Bitcoin mining maker Canaan is being accused of misleading IPO investors.

The China-based manufacturer company, Canaan filed its IPO with the SEC in October 2018 and hoped to raise $400 million. However, Canaan only managed to raise around $90 million when it was listed on the Nasdaq Global Marketplace. Even...

Ripple CEO criticizes bitcoin and ethereum over too much energy consumption.

According to a Telegraph.co.uk report, a bitcoin transaction uses the same amount of electricity as a British household for nearly two months. According to the report, the amount of energy needed to run the cryptocurrency has soared annual highs...

Barry Silbert says bitcoin mining is shifting from China to the USA

According to the Aljazeera report, the CEO of Grayscale Barry Silbert revealed that over the last three to six months, they have been observing an effort to bring the bitcoin production from the cities of China to the USA...

How long does it take to mine a bitcoin [in 2020]: Explained

Since the inception of bitcoin, the process of mining the leading cryptocurrency has changed drastically. Initially, miners were able to use their home computers to mine bitcoins and even make a tidy profit. But now bitcoin mining requires a...

USB bitcoin miner: What is it & how does it work?

Since its inception, bitcoin has come a long way. The leading cryptocurrency dominates the cryptocurrency market at the moment, and it is safe to say that it will continue to do so for a long time. Unlike fiat currencies,...

Iran’s low electricity costs propel the crypto mining industry.

The Iranian government has granted over 1000 licenses for cryptocurrency mining, according to the Financial Tribune report. Currently, several large crypto mining facilities are operating throughout Iran, but electricity cost has kept small players from entering the market.   "Crypto mining...

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Investor flee stocks amidst Coronavirus fears | Bitcoin’s time to shine?

The whole world is grappling with the exponentially rising number of Coronavirus cases. As of the publication of this...