[ad_2][ad_1] Iran has reportedly issued permits for 14 bitcoin mining farms and will reduce electricity tariffs by up to 47% to support licensed cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran licenses more crypto mining companies The Islamic Republic of Iran has reportedly issued …
Read More »ETH miners will have little choice once Ethereum 2.0 launches with PoS
[ad_2][ad_1] As Ethereum is finally ready to roll out its Ethereum 2.0 update later this year, ending a long string of delays, the network will begin to move towards a proof-of-stake model. As a result, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few …
Read More »45 Older generation Bitcoin miners are unprofitable after the reward halving
[ad_2][ad_1] On May 11, the Bitcoin network suffered the third block reward halving, which had reduced the 12.5 BTC reward to 6.25 coins following the event. It’s been nearly a week later, and data from mining rig profitability websites shows that more than 45 older generation devices are not profitable …
Read More »Market Conclusion: Some miners face an uncertain future despite the rising price of Bitcoin
[ad_2][ad_1] Despite a post-halving increase in the price of bitcoin on Wednesday, the current value may not be enough to keep less efficient miners operating and that could change market dynamics. At press time, bitcoin (BTC) was trading 2.3% higher in the 24-hour period at $ 9,106. The world’s first …
Read More »Hackers plant crypto miners by exploiting the flaw in the popular Salt Framework server
[ad_2][ad_1] A group of hackers installed crypto mining malware on a corporate server due to a weak point in Salt, a popular infrastructure tool used by IBM, LinkedIn and eBay. Blogging platform Ghost said on Sunday that an attacker successfully infiltrated its Salt-based server infrastructure and implemented a crypto-mining virus. …
Read More »Bitcoin chain data suggests miners expect halving to raise BTC price
[ad_2][ad_1] As the coronavirus pandemic continues to unfold and new signs of blocks slowly starting to lift in Europe, all eyes in the crypto community have returned to the Bitcoin (BTC) halving. There are only 10 days left until the event and Bitcoin’s price appears to be acting accordingly, having …
Read More »BitHull overtakes the ASIC market with new FPGA miners
[ad_2][ad_1] Copenhagen, Denmark – (BUSINESS WIRE) – BitHull SA (www.BitHull.com) is pleased to announce the launch of its two new cryptocurrency miners BH Miner and BH Miners Box. These miners were built around Field Programmable Gate Array or FPGA mining technology, the latest innovation in crypto mining. FPGA mining uses …
Read More »Miners sell more Bitcoin than they mine
[ad_2][ad_1] While bitcoin (BTC) looks set to prolong its recent bullish moves, those responsible for creating new bitcoins have increased their sales. The world’s largest cryptocurrency by market value rose from $ 3,867 to $ 7,000 in the 13 days to March 25, according to CoinDesk’s Bitcoin Price Index. However, …
Read More »Bitcoin Hashrate down 45% – Miners witness the second largest difficulty drop in history
[ad_2][ad_1] Bitcoin’s hashrate plunged 45% from the record highs it saw on February 29. The hashrate hit an all-time high of 136 exahash per second (EH / s) but has since dropped to 75 EH / s. Additionally, the crypto network has seen the second largest difficulty drop since October …
Read More »The best crypto miners in the world are competing to launch top-of-the-line machines before the Bitcoin halving
[ad_2][ad_1] Two of the largest manufacturers of bitcoin mining equipment are in a neck race to launch top-of-the-line machines ahead of the bitcoin (BTC) halving event in under three months. On Thursday, Beijing-based mining giant Bitmain launched its latest AntMiner S19 and S19 Pro models, which boast computing power of …
Read More »