Tag Archives: mining

[ad_2][ad_1] Two of the leading Chinese mining producers who recently had initial public offerings (IPOs) have released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two companies have just launched two ASIC mining devices with hashrates up to …

[ad_2][ad_1] On July 29, RRMine Global CEO Steve Tsou said in a pre-event interview with Cointelegraph China Great Bay Area International Blockchain Week that the future of cryptocurrency mining will transition from labor-intensive to high-tech companies. capital and technology intensity. It will all be a question of computing power. IT …

[ad_2][ad_1] A new report from crypto research firm Bitooda says China accounts for only 50% of Bitcoin’s global mining capacity and the United States 14%. The data stands in stark contrast to previous findings from the University of Cambridge’s Center for Alternative Finance (CCAF), which rated China’s share of the …

[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 …

[ad_2][ad_1] Giant fund manager Fidelity International owns roughly 10.6% stake in bitcoin mining company Hut 8. For six years now, Fidelity, the company that currently manages $ 8 trillion on behalf of its clients, has been mining the cryptocurrency. bitcoin. In May 2017, news.Bitcoin.com reported that Fidelity integrates with Coinbase, …

[ad_2][ad_1] Unidentified attackers exploited a Ravencoin vulnerability to coin extra RVNs “beyond the 5000 RVN per block coinbase,” Ravencoin lead developer Tron Black wrote in a post on Thursday. According to Black, members of Ravencoin’s CryptoScope team, which developed Solus Explorer, recently reached out to the Ravencoin developer team with …

[ad_2][ad_1] Over the past seven days, the price of bitcoin has fallen 4.8% from a high of $ 9,700 on June 24, to a low of $ 8,965 on June 27. Since then the price has risen and the price per bitcoin has returned above the $ 9k zone but …

[ad_2][ad_1] Bitcoin mining has changed a lot since the block reward halved on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH / s) during the past 48 hours. Reports from China show that a number of small mining operations are struggling and …

[ad_2][ad_1] London-listed Argo posted a drop in revenue in May, likely due to the bitcoin halving event. According to the mining company’s monthly operating update, monthly mining margins – revenue minus operating costs – were about 34% in May, down from 39% in April. Overall, the company mined 252 bitcoins …

[ad_2][ad_1] Ten years ago, anyone with a computer and an internet connection could mine cryptocurrency. And this meant that anyone with a computer and an Internet connection could play an active role in democratizing money, even creating some for themselves. Unfortunately, crypto mining isn’t that simple anymore. The greater the …