Bitcoin Cryptocurrency News

Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving

This article was originally published by 8btc and written by Lylian Teng. On October 9, 2019, the China-based cryptocurrency mining giant Bitmain launched its two latest Antminer 17 models to an eager market. On the very same day, another leading ASIC producer, Canaan, also rolled out its next-generation bitcoin miner A11 series. Both new mining Read more…

Bitcoin Cryptocurrency News

Explosive Mining Growth Indicates High Confidence in Bitcoin (BTC)

Bitcoin miners are not giving up, showing immense confidence and working against significant network difficulty. The last difficulty hike from September 13 made it 10.38% less likely for miners to discover a block. But in the meantime, mining pools have been compensated with even more power. Competition Pushes Bitcoin Hashrate Skyward It’s expected that another Read more…

Bitcoin Cryptocurrency News

Bitcoin Looks Attractive As Negative-Yielding Debt Crosses $17 Trillion

Global negative-yielding debt is now over $17 trillion, making investors extremely nervous. And it is forcing them to focus on non-traditional assets, like bitcoin. Investing in Debt and Holding it to Maturity Guarantees a Loss Investors are becoming increasingly fearful as they see that the soaring negative-yielding debt is altering the global economy. According to Read more…

Bitcoin Cryptocurrency News

Bitmain to Increase Hashrate By 50% With 600,000 New Mining Chips

Showing renewed optimism, Bitmain is increasing its investments in the crypto mining industry. Now, Bitmain is reportedly buying 600,000 new crypto mining chips. As a result of this new investment, the company expects to make over $1 billion in profits. Bitmain to Increase its Capacity By 50% Hash rate The battle to produce fast cryptocurrency Read more…

Cryptocurrency News Ethereum

Ethereum, Cardano Foundations among top 50 blockchain firms in Crypto Valley

Built on scientific philosophy and peer-reviewed academic research, the “third-generation” blockchain platform, Cardano, has often been touted as one of the best blockchains in the cryptocurrency space. Working alongside IOHK, a tech startup founded by Charles Hoskinson and Jeremy Wood, Cardano’s journey from the early stages of Byron to the most recent development of the […]

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Altcoin Bitcoin Cryptocurrency News

Bitcoin? Bitcoin Cash? Bitcoin Satoshi’s Vision? Will the real Bitcoin please stand up?

From Cash to Satoshi’s Vision, to Private, to Gold, to Atom and to Adult, the prefix Bitcoin has been used to depict and more commercially, sell and market a host of cryptocurrencies. Currently, there are 38 among the 2186 coins listed on CoinMarketCap, that sport the name “Bitcoin” as their introductory sell. This excludes the Read more…

Cryptocurrency News

Why is $1 Billion Bitcoin Giant Bitfury Building a Blockchain Music Service?

By CCN.com: The Bitfury Group, an early bitcoin mining firm turned global blockchain company based out of London, has announced that it will launch an entertainment division tasked with developing an open-source music platform that runs on blockchain technology. From Mining Bitcoin to Tracking Music IP on a Blockchain Tech companies trying to make waves

The post Why is $1 Billion Bitcoin Giant Bitfury Building a Blockchain Music Service? appeared first on CCN

Bitcoin Mining Getting More Decentralized As Bitmain Loses Dominance
Bitcoin Blockchain Cryptocurrency News

Bitcoin Mining Getting More Decentralized As Bitmain Loses Dominance

Bitcoin mining has become so decentralized that six transaction confirmations now provide “complete protection” against double spending. Data: Mining Monopolies Dwindling That was the conclusion drawn among social media commentators analyzing the latest statistics about the Bitcoin mining industry, which as of January 16 showed no single pool controlling more than 11.4 percent of the Read more…