Bitcoin Mining

Bitmain refunds buyers who bought bitcoin miners before price cuts

Bitmain announced on Tuesday that buyers of its AntMiner S17+ and T17+ mining equipment with delivery dates between mid-February and the end of April would receive coupons worth from $17 to $272 per unit. Bitmain's decision reflects the impact...

Post Halving – Miners not interested in BCH anymore

As the world witnessed the Bitcoin Cash halving, the investors and even the Miners have started to dump BCH and switch over to Bitcoin as it might prove to be much more profitable. As of the 8th of April, Bitcoin...

Texas Cloud Mining Company shut down after Fake charity pitch

The Texas State Securities Board (1) has taken immediate actions on a BTC mining firm, which resulted in a cease and desist order. This was filed against Ultra Mining firm by TSSB and Alabama Securities. The firm accused of...

Cooking Mama developer denies rumors about cryptojacking

Developer 1st Playable tweeted that the Nintendo Switch is a safe platform, with no data and privacy issues associated with some mobile and PC games. There were rumors going around, claiming that one of their games is being used...

Crypto mining firm Bitfarms lays off staff citing coronavirus outbreak

Bitfarms on Monday announced that the move is temporary in line with government guidance to help contain the spread of coronavirus. The crypto mining firm has also implemented permanent measures to reduce overhead costs to maintain the long term viability. Bitfarms expect...

Crypto analyst predicts a ‘death drop’ due to miner capitulations

Currently, bitcoin is witnessing a positive rally as the price of the leading cryptocurrency is trading above $7,200 at the time of writing. However, the bullish trend might not last very long as the ongoing miner capitulations are creating...

Miners Shutting Down – Is Bitcoin in a big trouble?

Bitcoin's hashrate dropped from 133.29 EH/S, the highest since the start of 2020, to 108.16 on 12th March, when the price of the leading cryptocurrency plunged below $4,000. Since then, the hashrate has been continuously falling as miners face...

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...

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The world’s reserve currency US dollar is getting weaker compared to crypto, says Ripple CEO.

While the US dollar won't give up its position as the world's reserve currency any time soon, it's definitely...