Mining

Here you can find the latest Bitcoin mining news. Mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.

Bitmain Announces Its Next Gen Bitcoin and Bitcoin Cash Mining Chip
February 20th, 2019

Bitmain faced a decline in its 2018 profit margins. However, the company has launched new mining chips in a move expected to put the company back on the profitable track.

Bitcoin Block Reward Halving Could Trigger Price Surge, Predict Traders
February 4th, 2019

The upcoming block reward halving event for the Bitcoin blockchain network is scheduled to take place in May 2020 and could possibly act a trigger for the Bitcoin price surge.

AMD Stock Jumps 10% After Meeting Earnings Expectations
January 30th, 2019

AMD on Tuesday announced mixed fourth-quarter results and guidance that fell short of Wall Street expectations, but beaten down shares were up 5.4% after the report.

What WIll Happen When All Bitcoins Are Mined?
January 29th, 2019

In this guest post Stefan Ateljevic, Head of Content at Hosting Tribunals, explains what comes next for Bitcoin as we draw nearer to the coin’s limit.

JPMorgan Claims Bitcoin is No Longer Profitable to Mine
January 28th, 2019

According to JP Morgan experts, current mining costs are higher than the price of Bitcoin. That’s why Bitcoin mining is not feasible for the majority of people.

Bitcoin Giant Bitfury Enters Music Industry with Its New Blockchain-Based Platform
January 21st, 2019

Named SurroundTM, Bitfury’s music entertainment division will provide a digital system for both monetizing and sharing intellectual property.

Bitmain Cancels Texas Mining Operations
January 15th, 2019

Konstantin Rabin, financial expert and crypto enthusiast, unveils what hides behind Bitmain’s recent decision to cancel mining operaions in Texas explaining what this could mean for the whole industry.

IBM Rolls Out Its First Quantum Computer, Crypto Industry to be Disrupted?
January 10th, 2019

This is the first quantum computer released by the tech giant that will be available for commercial use. Take a look at how the advent of quantum computers can pose a threat to the crypto industry.

Bitcoin Mining Chips Manufacturer Canaan Knocks the U.S. Door for an IPO
January 9th, 2019

After facing rejection from the Hong Kong regulators, Canaan proceeds to even bigger crypto market i.e. the United States to laucnh an IPO.

51% Attack Might be Approaching Bitcoin Cash Network, and Here’s Why
January 3rd, 2019

It seems that a single mining pool was gaining more than half of the total mined blocks on the entire Bitcoin Cash’s network today. Mining pool, BTC.TOP is reported to have reached more than half of the total Bitcoin Cash (BCH) hash rate.