The Blackminer F1 is a new FPGA miner. According to the officially released parameters, more than 10 different algorithms of altcoins have been programmed into it, and the specs are staggering. Designed with brand new technology and boasting very high hash rates, the F1 is the most powerful and efficient FPGA altcoin miner to date. […]
Bitcoin mining difficulty has increased over 3.5 fold this year, climbing from 1.93T at the start of the year to 7.02T. The monthly increment was at the rate of 15 per cent on average. That means, the hashing power contributed by miners who joined the digital gold rush freshly this year accounted for roughly 75 […]
A bitcoin enthusiast recently initiated a digital survival challenge, managing to survive 21 days in Beijing merely living on 0.21 bitcoin without any help or donations. The event, currently on the 14th day, has caused a quite stir in the bitcoin community in China. The participant of the challenge is a Chinese girl with the online name […]
A crypto trader on cryptocurrency exchange OKEx claimed to lose 20,000 ETH (worth more than $5.1 million at that time) during the unexpected massive crypto drop on September 5. It happened in 23 minutes only for the malfunction of the exchange’s app, which, in fact, could be avoided. OKEx, the world’s second largest cryptocurrency exchange […]
China, a world leader in bitcoin mining, is home to the three largest crypto miner manufacturers – Bitmain (Antminer), Canaan (Avalon) and Ebang (Ebit), all having seek to go public in Hong Kong this year. Many more competent new players like Innosilicon, Whatsminer (ShenMa), Pandaminer, Bitfily, are springing up with their latest product delivering over 30T hashrate. Apart […]
Shenyu, co-founder of F2Pool, world’s sixth largest crypto mining pool based in China, posted a Weibo unveiling the critical crypto prices below which miners have to be shut down for lack of profitability. The price of bitcoin, the dominant cryptocurrency, has struggled throughout 2018, declining by almost 70 per cent since the start of the year. […]
With cryptocurrency markets struggling, Bitfury Group has immersed its mining equipment in a non-conducive liquid to reduce costs at its 40-megawatt mining plant in Tbilisi, Georgia, as it races to mine the remaining 21 million mineable bitcoins. The company’s investment in cooling technology signals the extent cryptocurrency miners are going to chill their energy-intensive computers, […]
The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Falling Rial, New Policy Spur Iran Bitcoin Bull Market The […]
As economic sanctions start to bite, Iran is now looking to cryptocurrencies to ease the damage. The world’s third-largest oil-producer seeks to follow in the footsteps of Venezuela, which has issued an oil-backed digital currency called the Petro. But can Iran succeed where Venezuela is ostensibly faltering? Iran to Start Mining Cryptocurrencies in Three Weeks […]
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