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Australian Securities Exchange to triple capacity of DLT system
1.10.2020
The new blockchain-based system will replace the existing CHESS system
Bitcoin Users Leery of Tor: 23% of the Network’s Exit Capacity Compromised
13.8.2020
Hackers are stealing bitcoin through the large-scale use of malicious relays on the Tor network according to a newly published research report on the subject. The researcher dubbed “nusenu” said he warned people about the growing problem in December 2019 but instead of improving...
Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia
29.7.2020
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....
2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners
24.7.2020
Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining...
Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%
18.7.2020
A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share...
Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8
14.7.2020
The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported...
Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise
1.7.2020
Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price...
Over a Hundred 10-Year-Old Bitcoin Addresses Signed: Message Calls ‘Craig Wright a Fraud’
25.5.2020
Just recently news.Bitcoin.com reported on Craig Wright’s recently submitted bitcoin address list that contained at least three spent blocks. Following the court filing, on May 25 a pastezone dump of 144 addresses, which are also represented in Wright’s list, contained a verified...
HIVE Blockchain to Double Bitcoin Mining Capacity Through $2.8M Share Deal
1.4.2020
HIVE shares have increased 10 percent since the deal to acquire a bitcoin mining farm in Canada became public
$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
The Controversial S2F Model Predicts Bitcoin Price Will Reach 100,000 USD Within 2 Years
4.2.2020
The current price of BTC is roughly in line with the popular stock-to-flow (S2F) system for technical analysis, and if the trend continues some speculate the price of the asset could reach $100,000 within the next two years. Though the S2F tool is still a controversial metric, and various groups...
SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report
7.1.2020
Potentially the world's biggest bitcoin mine, one still under construction, is said to have signed up two top corporate customers in the form of SBI Holdings and GMO
Mining Giant Bitmain Confidentially Files for U.S.-Based IPO
30.10.2019
According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement...
UK Bitcoin Miner Eyes 240% Capacity Boost With New $10M Hardware Order
30.10.2019
U.K.-based Bitcoin mining firm Argo Blockchain has doubled its order of new cryptocurrency miners to secure a 240% hash power increase
Bitmain Aims to Build a 300MW Texas Mining Farm
23.10.2019
The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s...
Bitcoin’s Dropping Lightning Capacity Might Not Be a Bad Thing
8.10.2019
A look at some recent data around usage on bitcoin's lightning network
Ethereum Tests 25% Capacity Increase as Network Fees Hit Bitcoin Level
19.9.2019
Ethereum tackles congestion with a gas limit increase
CME Asks CFTC to Double Bitcoin Futures Capacity as Interest Soars
13.9.2019
CME Bitcoin futures traders may soon get double limits
ERC20 Tether Transactions Flip Their Omni Equivalent
29.8.2019
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC....
Is Blockchain Speed & Capacity a Problem? Vitalik says Yes, CZ says No
21.8.2019
There was a disagreement over two vital blockchain-related points earlier today between two major figures in the crypto and blockchain world. The issues: speed and capacity of existing blockchains. The figures: CEO of Binance, Changpeng Zhao (CZ), and co-founder of Ethereum, Vitalik Buterin.
The...