Summary Unknown Bitcoin mining pools saw a significant Bitcoin outflow before Bitcoin’s fall back below $10,000. Bitcoin mining pools may be “cashing out,” reigniting the... Read More
Mining
Cryptocurrency mining refers to the process in which “miner” dedicated computing power to validate and process transactions on the blockchain.
Summary Canaan Creative surges 17%, following a 70% decline from its IPO. The Bitcoin miner manufacturer seems to be recovering following the Bitcoin correction from... Read More
Summary The Grayscale Bitcoin Trust bought 18,910 Bitcoins since May 11th. However, only 12,337 Bitcoin have been mined since the halving. Institutional interest in the... Read More
Summary A single Bitcoin transaction has an electricity consumption of 549 kWh. The total electricity used to mine Bitcoin rivals that of the entire country... Read More
Summary The final Bitcoin block prior to the halving contained a secret message. The message taunted the increasing Federal Balance sheet due to COVID-19 stimulus... Read More
Summary Bitcoin miner manufacturer Ebang files for $100 million IPO Major Bitcoin miner manufacturer Ebang files for $100 million initial-public-offering (IPO) in the United States.... Read More
Summary Bitmain wins $296,000 lawsuit against cryptocurrency mining pool Poolin Poolin is the second-largest cryptocurrency mining pool Cryptocurrency mining giant Bitmain, won a legal battle... Read More
Summary Bitcoin Cash completed its halving a little over 24 hours ago Network hash rate continues to plummet making a 51% attack feasible Bitcoin Cash,... Read More
Summary HIVE acquires Bitcoin mining farm worth over $42M for just $2.8M (CA$ 4M) This acquisition would double HIVE’s total capacity to 50 MW Combined... Read More
Bitcoin mining is the processing of Bitcoin transactions on the Bitcoin blockchain. The blockchain’s decentralization comes from Bitcoin miners. These miners are located all over... Read More
