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Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky

October 12th, 2019|

The new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic [...]

4 New High-Powered Bitcoin Miners Revealed

October 11th, 2019|

Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. [...]

Chinese Bitcoin Miners Migrate North After Wet Season

October 9th, 2019|

A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate [...]

Video Shows $10M Chinese Bitcoin Mining Farm in Flames

October 1st, 2019|

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 [...]

Bitcoin Network Experiences Slowest Block in 5 Years

October 1st, 2019|

The Bitcoin (BTC) network produced an unusually slow block, taking 119 minutes to discover the block number. The anomaly is happening despite the record activity of miners. Slow Block May Be a Statistical Anomaly The [...]

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