Mining - Tag Archives - Cryptonews (Page 45)

Last-gasp Infra Bill Compromise May not Come Fast Enough to Save US Crypto

It could be a case of close but no cigar for the United States crypto sector – with two rival groups of senators agonizingly close to a compromise on a chaotic and much-maligned infrastructure bill on the cards, just as time is running out.The Senate had hoped to vote on the measure on...

, by Tim Alper

Debunking the 4 Big Bitcoin Myths Promoted By Central Banks in 2021

It's 2021 and central bankers still can't figure out what to make of Bitcoin (BTC). Although many of them have dismissed the asset as a highly speculative bubble in the past, the cryptocurrency keeps growing in terms of price, general adoption, and a variety of other metrics. Due to the massive...

, by Kyle Torpey

Billionaire ‘Most Intrigued’ By Crypto Despite Regulatory Pushback + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.____Investments news Dan Loeb, CEO and Founder of US-based multi-billion hedge fund Third Point, in his letter to investors, said that...

, by Sumejja Muratagić-Tadić

Ethereum Burning Thousands of USD a Minute, While Miners Face the Change

Following its latest and highly-anticipated network upgrade, Ethereum (ETH) is currently burning some USD 8m worth of ETH per day, and has already burned nearly USD 12m. Meanwhile, there seems to have been plenty of confusion among miners on the first day. A total of ETH 4,260 have been burned at...

, by Sead Fadilpašić

Bitcoin Fees ‘Unusually Low’ But Set to Increase

Fees on Bitcoin (BTC) network have dropped more than 90% in a month, with industry insiders noting that they are low compared to what has historically been seen - but that they will now start gradually rising as a series of mining difficulty adjustments that aimed to balance out the China crackdown...

, by Sead Fadilpašić

Coinbase Stops Bitcoin SV Trading Following 5th Attack

Major crypto exchange Coinbase has stopped bitcoin SV (BSV) trading following the latest in a string of attacks on the network. "Due to the 51% attack that has occurred on BSV today we are stopping all BSV trading," the exchange announced on Tuesday.Bitcoin SV suffered a 51% attack on Tuesday...

, by Sead Fadilpašić

Ethereum’s Hope No. 1559: What It Does and What It Doesn’t Do

There are some things that grab the attention of the Cryptoverse for months on end, whether they deserve to or not. One thing that will bring an important change to Ethereum (ETH), and which has been a topic of discussion since last year, is the highly anticipated Ethereum Improvement Proposal, or...

, by Sead Fadilpašić

Ethereum Outpaced by BSC & WAX, Zcash Founder Starts a PoS Campaign + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____Blockchain newsIn July, Binance Smart Chain (BSC), fueled by play-to-earn games, was the most used blockchain (658,000 unique...

, by Linas Kmieliauskas

Polish Lawmakers Press Finance Ministry on Crypto Firms’ Bank Accounts

In the light of Poland’s looming crypto exchange regulations, a group of lawmakers has filed a request for information to the country’s Ministry of Finance, asking whether the ministry plans to facilitate making bank deposits for Polish crypto companies, and if it aims to develop...

, by Jaroslaw Adamowski

What It’s Like To Mine Bitcoin As a Full-Time Job

Nick Sears is only 19-years-old, but in just two years he has managed to build himself a career as a full-time bitcoin (BTC) miner. He reportedly makes USD 54,000 a year, turning down college and living in a room located inside a cryptocurrency mining farm. Sears, who was 17-years-old when he took...

, by Jaroslaw Adamowski

Moody’s Warns El Salvador, PayPal in Ireland, Crypto Investment Flows + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.____Adoption newsProclaiming bitcoin (BTC) legal tender reflects El Salvador’s weakened governance and has raised tensions with...

, by Linas Kmieliauskas

Updated Infrastructure Bill Still ‘Unacceptable’ for US Crypto Industry

Heavyweight critics are gunning for a controversial new bill that they claim will see the United States “essentially abandon” the “fintech revolution” if passed into law.The bipartisan measure, which addresses a range of infrastructure-related measures, could raise up to USD...

, by Tim Alper

MEV Harms Ethereum Users And it May Be Here For Some Time

"MEV is very real and is causing real harm." Miners have made at least USD 109m from MEV. MEV exists on a spectrum, with some examples being worse than others. There remains lots of work to be done before the industry arrives at a significant solution.One of the hottest debates in Ethereum (ETH)...

, by Simon Chandler

Japan’s Crypto Titans Post High Crypto Biz Profits, Pivot Towards Altcoins

Two of Japan’s biggest crypto players – the financial giants the SBI and Monex groups – have posted high crypto profits in their second-quarter reports.Both firms have a range of diverse crypto interests, both at home and abroad. SBI operates two domestic crypto exchanges: SBI VC...

, by Tim Alper

Chinese, Taiwanese Bitcoin Miners Eyeing Paraguay Move

Chinese bitcoin (BTC) miners are reportedly preparing to flock to Paraguay in their droves – with reports claiming that there could be half a million rigs online in the nation in the next three years if regulators do not block miners’ progress, with some industrial players already...

, by Tim Alper

Bitcoin Mining Difficulty Breaks the 2nd-Longest Drop Streak

After four consecutive drops, Bitcoin (BTC) mining difficultly increased on July 31, cutting into the growing profit margins of BTC miners. (Updated on July 31, 05:54 UTC with the adjustment results and market data.)Bitcoin mining difficulty, or the measure of how hard it is to compete for mining...

, by Sead Fadilpašić

# Mining (Page 45)

Cryptonews in numbers