Bitmain Reportedly Suffered $500 Million in Q3 2018 Losses
- Omar Faridi
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- 19 Feb 2019
Bitmain Technologies, the leading manufacturer of cryptocurrency mining hardware, reportedly lost approximately $500 million during Q3 2018.
Mining
Bitmain Has a New 7nm ASIC Chip for Mining Bitcoin and Bitcoin Cash
- Siamak Masnavi
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- 18 Feb 2019
On Monday (February 18th), Chinese crypto mining giant Bitmain announced a new next generation 7nm ASCI chip for mining cryptocurrencies that use the SHA256 algorithm for Proof of Work (PoW).
Hash Wars: Mining Operation OrcaPool Launches to Defend Altcoins and Forks From ‘Attackers’
- Francisco Memoria
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- 17 Feb 2019
A new mining operation dubbed “OrcaPool” has recently been launched, with the goal of defending altcoins and forked coins from attackers who may attempt to pull 51% attacks on them ...
Australia: Police Raid Cryptocurrency Miner's Home Seeking Weed Grow-Op
- Francisco Memoria
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- 14 Feb 2019
Police in Australia have recently raided the home of a cryptocurrency miner, after believes he was growing weed in it. Acting on information from the public, authorities appear to have ...
Japanese IT Giant GMO Lost $12 Million in the Crypto Sector Last Year
- Francisco Memoria
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- 13 Feb 2019
GMO Internet, a Japanese IT giant that has ventured into the cryptocurrency sector through a mining operation and a cryptocurrency exchange, has recently reported an operating loss of 1.36 ...
6 Crypto Miners Arrested in Germany for Using Stolen Electricity
- John Vibes
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- 9 Feb 2019
6 cryptocurrency miners were arrested in Germany for using stolen electricity to power their operations. The group is accused of bypassing electric meters and using 220,000 euros worth of ...
Bitcoin TX/Block Approaching All-Time-Highs, Fees Remain Minuscule
- Colin Muller
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- 7 Feb 2019
Bitcoin transaction rates are climbing across the board, yet transaction fees remain extremely low. Less demand for crypto combined with more efficient standards of processing blocks may be resulting in ...
Classic Trojan Gets Monero Mining Twist for New Hack Attacks
- John Moore
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- 7 Feb 2019
A classic Trojan program from the noughties has recently re-emerged with an all-new crypto add-on dedicated to mining Monero.
Bitcoin’s Mining Difficulty Resumes Downtrend After Short Recovery
- Colin Muller
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- 3 Feb 2019
The automatically adjusting difficulty of Bitcoin mining has resumed its downward trend, after after rising for two periods during January. Falling mining difficulty is historically rare on the network, but ...
Criticisms of Bitcoin’s Environmental Impact Challenged Again
- Colin Muller
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- 1 Feb 2019
Robert Sharratt, veteran investor and energy industry specialist has lashed out on lazy research practices used to claim Bitcoin’s potential environmental impact - and rebuked a wide array of publications ...
