During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money […]
The post Video Shows $10M Chinese Bitcoin Mining Farm in Flames appeared first on Bitcoin News.
Over the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. As the new year begins, some of the top devices that process between 28-76 trillion hashes per second […]
The post A Look at Some of the ‘Next Generation’ Mining Rigs Available Today appeared first on Bitcoin News.
The Bitcoin Cash (BCH) blockchain split on Nov. 15 and the community are still discussing the subject at great length. Since the chain splintered into two separate networks, additional trading platforms like Coinbase and Bitstamp have re-established BCH markets by choosing to list the ABC chain with the exchange ticker “BCH.” Also Read: Indian Government Expects […]
The post Hash Wars: BCH Community Evaluates Six Days of Battle appeared first on Bitcoin News.
On Saturday, Nov. 17, the Bitcoin Cash (BCH) community entered the third day of its hash war, with many supporters growing confident that a resolution may be in sight. Close to 300 blocks have been mined on the Bitcoin ABC side of the chain using the new consensus ruleset, which has also given the network […]
The post Hash Wars: BCH Proponents Confident a Resolution Is in Sight appeared first on Bitcoin News.
It has been close to 24 hours since the Bitcoin Cash (BCH) blockchain split on Nov. 15, and the community is assessing the first day of battle. At the time of writing, both chains are still operational and the ABC chain has a 32-block lead on the SV chain. Now many BCH supporters are patiently […]
The post Hash Wars: Day Two and the Anticipation for BCH Trading Platforms to Reopen appeared first on Bitcoin News.
“On Oct 13, 3:00 CDT I will be doing a 51% attack against the cryptocurrency Einsteinium,” began the call-to-arms. As promises go, this one was as bold as it was brazen. The anonymous attacker has promised to assume majority hashrate control of an altcoin to demonstrate how easy the process is. As proof, they’ve not […]
The post Mischief-Maker Promises to Livestream a 51% Altcoin Attack appeared first on Bitcoin News.
Over the past few weeks, Bitcoin Cash supporters have been debating the upcoming hard fork scheduled for November 15th of this year. Most of the community understands, that as of right now, there are two camps that have entirely different visions. It doesn’t seem like a compromise is coming any time soon. Lately, as each […]
The post Less Than Two Months Away – Bitcoin Cash Upgrade Discussion Heats Up appeared first on Bitcoin News.
According to Fundstrat analyst Sam Doctor, it appears Bitcoin Core (BTC) hashpower has doubled since just before the start of summer. That figure is impressive considering the lingering and deep bear market. “Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May ’18m” Mr. Doctor tweeted. “Breakeven now […]
The post BTC Hashpower Doubles During Bear Market as Miners Sacrifice Profit for Position appeared first on Bitcoin News.
Blockchain development firm Nchain has announced the company’s plans to launch a new Bitcoin Cash full node client called ‘Bitcoin SV.’ Lead developer Daniel Connolly has published the specifications for re-enabling old opcodes for the November 2018 BCH upgrade. So far the unpublished codebase has seen vocal support from the mining pool Coingeek, but right […]
The post November BCH Upgrade Discussion Heats Up After Bitcoin SV Full Node Announcement appeared first on Bitcoin News.
This week cryptocurrency miners had processed the 17 million coins across both Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, marking a great milestone within the history of blockchain technology. Now there are only 4Mn BCH and BTC left to mine but it’s still a very long time away until the very last coins are […]
The post 80% of the 21 Million Bitcoins Have Been Mined Into Existence appeared first on Bitcoin News.
Ethereum (ETH)
Ethereum (ETH)
Dogecoin (DOGE)
Dogecoin (DOGE)
Bitcoin (BTC)
Bitcoin (BTC)
Bitcoin Cash (BCH)
Bitcoin Cash (BCH)