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Tag: mining

China crackdown shows industrial Bitcoin mining a problem for decentralization

June 29, 2021 wp-bot Cointelegraph

The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation.

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Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Texas mining facility

June 29, 2021 wp-bot Cointelegraph

The U.K.-based mining firm’s announcement comes amid the country’s Financial Conduct Authority cracking down on crypto exchanges.

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Chinese hydropower plants on sale as crypto miners move abroad

June 29, 2021 wp-bot Cointelegraph

Advertisements for small-scale hydro plants have reportedly surged on Chinese secondhand e-commerce platforms.

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Active Bitcoin miners now ‘unlikely’ sellers thanks to profit boost — data

June 29, 2021 wp-bot Cointelegraph

The upcoming record difficulty drop means mining Bitcoin is about to get a lot more profitable while hash rate slowly returns to the network, Glassnode

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Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

June 29, 2021 wp-bot Bitcoin News

While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have

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Key Bitcoin price indicator flashes its ‘fifth buy signal in BTC history’

June 28, 2021 wp-bot Cointelegraph

The Puell Multiple just flashed a buy signal for the fifth time in BTC’s history, but its creator cautions that a plunging hashrate and China’s

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Blockchain
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