Tag Archives: miners.

‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop (BTC) is not seeing capitulati

‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop 
 (BTC) is not seeing capitulati

‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop #Bitcoin (BTC) is not seeing capitulation among miners despite its price dipping over 15% in the past week, new data suggests. According to estimates of Bitcoin’s hash rate from monitoring resource Coin Dance, participation remains as strong now as before the price drop. Hash rate […]

Bitcoin Mining Difficulty Sees Biggest 2019 Drop as Hash Rate Spikes (BTC) mining difficulty adjus

Bitcoin Mining Difficulty Sees Biggest 2019 Drop as Hash Rate Spikes #Bitcoin (BTC) mining difficulty adjusted downwards more than at any time since its 2018 price low on Nov. 8, data shows. As noted by entrepreneur and cryptocurrency commentator Alistair Milne on Monday, difficulty fell by around 7% after the network’s latest readjustment. Difficulty reveals […]

An 18 millionth coin has been mined in the Bitcoin network. On Saturday, October 19, miners mined th

An 18 millionth coin has been mined in the Bitcoin network. On Saturday, October 19, miners mined th

An 18 millionth coin has been mined in the Bitcoin network. On Saturday, October 19, miners mined the “jubilee” 18 millionth bitcoin. At the time of writing, 85.72% of all bitcoins were mined, and annual inflation is 3.72%. There is 207 days left until the next halving. For that time 374,375 new BTCs will appear. […]

Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs Leading Application Specific Integrated C

Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs 
Leading Application Specific Integrated C

Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs Leading Application Specific Integrated Circuit (ASIC) producer #Bitmain announced two new series 17 #Bitcoin (BTC) #mining machines in a blog post published on Oct. 9. Bitmain: higher efficiency and hashrate Bitmain co-founder Jihan Wu announced the S17+ and T17+ mining machines at the World Digital Mining Summit […]

Government of Uzbekistan Triples Tax on Electricity for Crypto Miners The government of the Republi

Government of Uzbekistan Triples Tax on Electricity for Crypto Miners 
The government of the Republi

Government of Uzbekistan Triples Tax on Electricity for Crypto Miners The government of the Republic of #Uzbekistan has ordered a 300% increase on electricity tariffs for cryptocurrency #miners. According to a Sept. 27 announcement, the Cabinet of Ministers of the Republic of Uzbekistan has decreed that #cryptocurrency miners must pay three times more the existing […]

Bitmain to Launch Platform for Connecting Miners and Farms in October Chinese mining hardware gian

Bitmain to Launch Platform for Connecting Miners and Farms in October 
Chinese  mining hardware gian

Bitmain to Launch Platform for Connecting Miners and Farms in October Chinese #crypto mining hardware giant #Bitmain will launch a platform connecting global crypto miners with farm owners in October. World’s first resource to connect farms and miners The platform, dubbed World Digital Mining Map (WDMM), will be officially launched during the World Digital Mining […]

Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption Authorities of cut off power to

Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption  Authorities of  cut off power to

Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption Authorities of #Kyrgyzstan cut off power to 45 crypto #mining firms as they consumed more energy than three local regions combined. Following the power cut, the head of the National Energy Holding Aitmamat Nazarov stated that the #cryptocurrency mining is not defined under Kyrgyzstan law, […]

New Mining Difficulty Metric Points to $31K Bitcoin Price by 2021 (BTC) price should hit $30,000 d

New Mining Difficulty Metric Points to $31K Bitcoin Price by 2021  (BTC) price should hit $30,000 d

New Mining Difficulty Metric Points to $31K Bitcoin Price by 2021 #Bitcoin (BTC) price should hit $30,000 during its current price cycle, new data based on mining difficulty suggests. Published by well-known analyst PlanB on Sept. 10, the statistics combine Bitcoin price as a percentage of difficulty lows, along with the number of blocks since […]

Iranian Police Seize Batch of 117 Smuggled Crypto Mining Machines Iranian provincial police have ar

Iranian Police Seize Batch of 117 Smuggled Crypto Mining Machines  Iranian provincial police have ar

Iranian Police Seize Batch of 117 Smuggled Crypto Mining Machines Iranian provincial police have arrested an individual smuggling in #cryptocurrency mining machines, local news agency Fars News reported on July 31. The Saveh Police Department’s Anti-Trafficking Police seized a truck allegedly carrying 117 cryptocurrency mining machines to the value of 11.7 billion Iranian rials ($277,876 […]

Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners The Iranian Economic Commission

Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners  The Iranian Economic Commission

Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners The Iranian Economic Commission has reportedly finalized a tariff scheme for #cryptocurrency miners, according to a July 21 report from Iranian economic daily Financial Tribune. Per the report, Energy Minister Homayoon Ha’eri announced that, while the tariff scheme has been finalized, it is awaiting approval from the […]