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Tag: Poolin

5 Cryptocurrency Mining Facts Which Is Going To Blow Your Mind

In the past few years, cryptocurrencies have become more mainstream like never before. We all know Bitcoin has outperformed almost every other financial...

Bitcoin price may spark ‘war of miners’ — 1-day pool outflows hit $18M

Bitcoin (BTC) losing 5% in a day has sparked major changes for miners, data shows as mining pools suddenly send large amounts of...

Bitcoin hashrate drops 10-20% due to massive floods in China

As of Tuesday, bitcoin hashrate dropped by 25% due to massive landslides in Sichuan province. The landslides caused by heavy downpour caused the Sichaun...

Poolin Expands Crypto Lending with BlockFi Partnership

Poolin, the second-largest Bitcoin mining pool, has partnered with BlockFi to expand its crypto lending and financial services business. First reported by Coindesk,...

Chinese Bitcoin mining startup becomes sixth-largest just days after launch, pockets $3 million

A new Chinese startup focused on Bitcoin mining broke into the top-ten hash power providers last week, a local industry observer tweeted on May 13. The surge Reportedly launched two weeks ago, Lubian.com is now ranked sixth among all miners as per data on BTC.com. The firm accounts for 5.99 percent of Bitcoin hash powers […]

The post Chinese Bitcoin mining startup becomes sixth-largest just days after launch, pockets $3 million appeared first on CryptoSlate.

Bitcoin Miners Start to leave Mining Pools After the Halving

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 […]

The post Bitcoin Miners Start to leave Mining Pools After the Halving appeared first on NullTX.

Bitcoin goes through the “most brutal” halving ever recorded; here’s why

One of the most anticipated events of 2020 within the cryptocurrency industry has taken place. Bitcoin underwent its third halving after AntPool successfully found block 630,000. Now, the rate of issuance of the flagship cryptocurrency has dropped by 50 percent. Consequently, miners will be rewarded 6.25 BTC per block for the next four years, which […]

The post Bitcoin goes through the “most brutal” halving ever recorded; here’s why appeared first on CryptoSlate.

Europe’s Top Miners Share Local Industry Insights

A report compiled by non-profit research institute, dGen, has found that European crypto miners believe that the region’s higher electricity prices when compared...

China’s Xinjiang Region Now Holds a Third of Global Bitcoin Hashpower

China’s dominance on the global blockchain and mining space isn’t news. For a country that has shown to be anti-crypto, China sure does...

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