Supporters of Bitcoin SV claim there is a thriving developer ecosystem being built. After seeing a recent Twitter thread on the topic, I decided to take a closer look to find out how true this actually is.BSV/DEVSThe definitive directory of Bitcoin SV …
-Long crypto, short fiat! Looking for an easy and smart investment solution for the crypto market? Cloud mining of bitcoin at Miningzoo.com is the answer for you. This cloud mining provider, though newly launched, has already gained a solid reputation for its convenience, efficiency, and stability. Miningzoo, a rising start in cloud mining, is on […]
The post Bitcoin Cloud Mining Startup Miningzoo Receives Strategic Investment from Institutional Investors appeared first on Global Coin Report.
Mining pools have been the backbone of the crypto-ecosystem, owing to their inherited duty to fuel transactions and ensure immutable credibility. Given the power mining pools hold in the space, countries like China, U.S.A, and Russia have been competing to host the world’s largest mining pools and earn the corresponding block rewards. A recent report listed […]
The post China, U.S and Hong Kong account for 70% of the world’s mining pools, report reveals appeared first on AMBCrypto.
Bitmain is the crypto mining giant and the owner of BTC.com which is the world’s top bitcoin mining pool by hash rate. Recent reports revealed […]
The post Bitmain – Largest Crypto Mining Firm Suing Three Ex-Employees appeared first on Coingape.
Bitmain, the owner of BTC.com, the world’s top bitcoin mining pool by hash rate, is suing the co-founders of Poolin, the seventh-largest pool, for allegedly violating a non-compete agreement – and it’s demanding $4.3 million in damages from one of them. In response, the co-founders said that they were no longer bound by the non-compete agreements […]
Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost
Bitcoin’s recent spike above $9000 has been the talk of the town, with several analysts and proponents of the cryptocurrency vouching for its revival. In a series of tweets, Alex Kruger, a popular economist, spoke about the entry of institutions into the Bitcoin ecosystem and how the switch from retail investors was beneficial to the […]
The post Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost appeared first on AMBCrypto.
The fundamental part of running a successful crypto mining business is rooted in having deep insight into mining and how to make profits from it. Crypto mining is simply a process in which transactions for different types of cryptocurrency are confirme…
Crypto mining giant Bitmain is locked in a legal battle with former employees who started a rival bitcoin mining pool, Poolin.
By CCN Markets: A former investment banker has been slapped with a fine and a suspension by self-regulatory body Financial Industry Regulatory Authority (FINRA) for mining Bitcoin. According to the regulator, Kyung Soo Kim pursued outside business acti…
When Bitcoin mining first started, the mining reward was 50 BTC per block. It then dropped to 25 BTC, and then 12.5 BTC where it is today. The reward halving will continue until approximately the year 2140 when rewards will stop completely and all 21,0…
F2Pool Founder Condemns Block Withholding Attacks Performed by Some Chinese Mining Pools on Its Competitors
Some Chinese crypto mining pools have been soliciting miners with low fees but later raised the rates up to 5% even 10%, said Mao Shixing, founder of world’s third-largest bitcoin mining pool F2Pool, in a weibo post. He continued to point out that these malicious mining pools then use their hashrate to attack other pools […]
Bitcoin’s rising popularity can be attributed to its recent bull run following which, the world’s largest cryptocurrency briefly breached the $9000 mark. At the same time, the cryptocurrency has been plagued with several criticisms from various quarters, one of which is the environmental impact of BTC mining. A recent study by researchers from MIT and […]
The post Research suggests Bitcoin mining’s carbon dioxide emissions are comparable to Las Vegas, Sri Lanka appeared first on AMBCrypto.
By CCN Markets: One of Africa’s largest insurer, Old Mutual, announced that it will no longer cover crypto mining equipment due to lack of regulation, wrote IOL on June 12. After researching the industry, the Pan-Africanist financial group discov…
ProBit Exchange to launch beta testing period for upcoming trade mining feature that will provide transaction-fee free trading
The beta testing session will feature trading pair BTC/USDT ProBit Exchange has been amassing an impressive arsenal during just 6 months since its launch. Their diverse repertoire features over 30 IEO campaigns being run with multiple sellouts, nearly 70 coins with unique listing events such as trading competitions to promote trade and provide user airdrops, […]
Merrill Lynch had informed FINRA about Kyung Soo Kim failing to tell bosses about his mining activities, which flouted rules.
The United States regulatory body, the Fina…
Police have reportedly gathered evidence of people laying cables via fish ponds to steal oil well power to fuel their BTC mining.
Police in China have reportedly gathere…
FINRA slams former Merrill Lynch employee for crypto mining
The post FINRA slams former Merrill Lynch employee for crypto mining appeared first on CoinGeek.
U.S. self-regulatory organization FINRA has fined and suspended an investment adviser over undeclared cryptocurrency mining activities.
The U.S. Financial Industries Regulatory Authority (FINRA) has fined and suspended a former Merrill Lynch representative for cryptocurrency mining. The undeclared outside business activity is also what lost Kyung Soo Kim his job. Moonlighting As A Crypto Miner In December 2017, Kim formed and incorporated ‘S Corporation,’ of which he was sole shareholder and director. He opened and funded a corporate bank account. Then he paid another company to build and operate hardware and software
The post FINRA Fines Ex-Merrill Lynch Employee For Mining Crypto appeared first on Bitcoinist.com.
Litecoin spikes 33% in seven days to become the best performing altcoin. Litecoin is still in the middle of bullish pressure in spite of the […]
The post Litecoin [LTC] Outperforms Bitcoin Ahead of Mining Rewards Halving appeared first on Coingape.
ViaBTC launches BSV mining pool, offers 70% fee discount
The post ViaBTC launches BSV mining pool, offers 70% fee discount appeared first on CoinGeek.
Sichuan, a mountainous province in southwestern China, is still home to the most bitcoin miners for its abundant and cheap hydroelectric energy, despite the country’s tough stance on quashing the crypto market. According to cryptocurrency research firm Coinshare’s latest report, China continues to dominate the bitcoin mining industry with 60 percent of all mining happening […]
Pan-African insurance company Old Mutual has opted out of insuring cryptocurrency mining equipment due to the absence of regulation in the industry.
South African insurance company Old Mutual has refused to insure mining rigs in Africa, making it harder to protect cryptocurrency gear there.