The post-halving reality of Bitcoin’s network may soon change shape, some industry insiders argue. The reason is quite simple, and, surprisingly, it has...
Advertisement Bitcoin was created as “ Peer-to-Peer electronic cash”, according to the whitepaper. However, the oldest and leading cryptocurrency has over...
Bitcoin (BTC) mining has become a multibillion-dollar industry. Pools, manufacturers and farms contribute to the growth and professionalization of the space. Financial service...
A Chinese mining group has entered the Bitcoin mining pool in seismic fashion amassing 5.15% of the total Bitcoin (BTC) hash rate in just three weeks. Called Lubian, the mining company processed its first block on April 24th after it found block #627,441, something picked up on by BlockBeats. Now, according to data from btc.com, […]
As was somewhat to be expected, the recent block reward halving has an impact on the Bitcoin miners. All major pools are losing hashrate rapidly, although it is expected that things will return to normal fairly soon. When the Bitcoin block reward halved, profitability of mining operations took a hit. Bitcoin Miners are Turning off […]
Bitcoin, at press time, was trading around $8.8k on the immediate next day of the 3rd Bitcoin halving which happened on May 11, 2020. Bitcoin news has leveled up social media as well, as the world as they got ready for the major event—Bitcoin halving. Bitcoiners believe this block reward halving that happens every 4 …
Decentralized loan service, bZx, was hacked second time following a previous incident on Valentine’s Day, for a combined total of 3,581 ETH (currently worth nearly a million Dollars). The hacker took out loans then manipulated the price of the underlying cryptos in order to pay back less than they borrowed. Chinese crypto exchange, FCoin, [...]