Bitcoin Mining Pool BTC.com Faces Cyberattack and $3 Million Loss of Funds
BIT Mining has reported this incident to authorities in Shenzhen, China, who are investigating the incident and collecting more evidence.
The bitcoin mining equipment specialist GAWMiners has bought the domain name BTC.com for a record price of $1.1 million.
BIT Mining has reported this incident to authorities in Shenzhen, China, who are investigating the incident and collecting more evidence.
The Crypto-Fintech Laboratory of HKUST Big Data Institute (BDI) and BTC.com announced a strategic collaboration to leverage the complementary advantages of its research and academic strengths as well as solid industry experience to work together to explore cutting-edge financial technologies.
BTC.com, as one of the global Top mining pools, noticed the crowd funded miners’ frustration and offered an effective solution.
The Bitcoin Mining Map offered by Cambridge Centre for Alternative Finance shows the region-wise concentration of the BTC hash rate. It demonstrates that China alone dominates 65% of the total global hash rate.
In Russia, St. Petersburg took place one of the largest international blockchain, cryptocurrency and mining forum – Blockchain Life 2018.
Many of the community members have raised concerns about the centralization of the Bitcoin network that would further result in major attacks.
Starting from 31 December 2016, BTC.com will offer the lowest fee in the industry.
The bitcoin mining equipment specialist GAWMiners has bought the domain name BTC.com for a record price of $1.1 million.