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Bitcoin News
fidelity-bitcoin-fund
Bitcoin News

Fidelity Discloses Ownership In Bitcoin Mining Company, Signs Of Mainstream Crypto Adoption?

Fidelity Investment owns Hut8 shares as per the latest report filed on July 13, 2020. According to the alternative monthly reporting (AMR) filed with the Ontario Securities Commission, Fidelity Investment owns 10.58 percent of the publicly traded, Canadian-based Bitcoin mining firm as adjudged from the 10,451,094 Common Shares it controls.  Fidelity Investments Has A Minority

Fidelity Investment owns Hut8 shares as per the latest report filed on July 13, 2020. According to the alternative monthly reporting (AMR) filed with the Ontario Securities Commission, Fidelity Investment owns 10.58 percent of the publicly traded, Canadian-based Bitcoin mining firm as adjudged from the 10,451,094 Common Shares it controls.  Fidelity Investments Has A Minority

bitcoin fork supply free float
Bitcoin
bitcoin fork supply free float
Bitcoin

Miner ‘Death Spiral’ A FUD? Bitcoin Miners Back In Action As Hash Rate Surges

A FUD regarding Bitcoin miner ‘death spiral’ had been surfacing the crypto community as the halving was underway. However, the latest charts suggest otherwise as hash rate hits an all-time high. Miner’s Miles Away From ‘Death Spiral’ The first and the largest cryptocurrency, Bitcoin was programmed to undergo a process called the “halving” once, every

A FUD regarding Bitcoin miner ‘death spiral’ had been surfacing the crypto community as the halving was underway. However, the latest charts suggest otherwise as hash rate hits an all-time high. Miner’s Miles Away From ‘Death Spiral’ The first and the largest cryptocurrency, Bitcoin was programmed to undergo a process called the “halving” once, every

Canaan Creative ASIC
Bitcoin News
Canaan Creative ASIC
Bitcoin News

Political Fights At Another Leading Bitcoin Miner Manufacturer, Co-founder Leaves Board

Reports from China indicate that senior executives of Canaan creatives, one of leading bitcoin miner manufacturer, have been fired. The purge at Hangzhou offices was instigated by Zhang Nan Geng—the founder. Xiangfu Liu, the co-founder, has also reportedly left the board.  Power Struggle At Bitcoin Miner Manufacturer Canaan The in-fighting–as a Twitter user revealed, stems from

Reports from China indicate that senior executives of Canaan creatives, one of leading bitcoin miner manufacturer, have been fired. The purge at Hangzhou offices was instigated by Zhang Nan Geng—the founder. Xiangfu Liu, the co-founder, has also reportedly left the board.  Power Struggle At Bitcoin Miner Manufacturer Canaan The in-fighting–as a Twitter user revealed, stems from

capitulation-halving
Bitcoin News
capitulation-halving
Bitcoin News

Bitcoin [BTC] Miner Capitulation is Over, Buy Signal Awaits This Confirmation

Bitcoin [BTC] hashrate post halving has returned to its highs again, with positive reports on increasing additions. According to two popular indicators based on the mining statistic, the buy signal is almost here.  When miners capitulate, it signals one of the scariest trends in price. In the past, these have signalled bottoms in Bitcoin prices

Bitcoin [BTC] hashrate post halving has returned to its highs again, with positive reports on increasing additions. According to two popular indicators based on the mining statistic, the buy signal is almost here.  When miners capitulate, it signals one of the scariest trends in price. In the past, these have signalled bottoms in Bitcoin prices

Bitcoin BTC mining
Regulation News
Bitcoin BTC mining
Regulation News

Kazakhstan Eyes $738 Million Via Crypto In The Next Three Years

A recent report drafted by Kazakhstan’s government along with international experts suggests that the country expects to incur a whopping $738 million through investments pertaining to cryptocurrencies, over the next three years.  Kazakhstan Has Eyes On Crypto Mining People’s perspective on cryptocurrencies has evidently evolved over time. Once considered a currency used for dark web-related

A recent report drafted by Kazakhstan’s government along with international experts suggests that the country expects to incur a whopping $738 million through investments pertaining to cryptocurrencies, over the next three years.  Kazakhstan Has Eyes On Crypto Mining People’s perspective on cryptocurrencies has evidently evolved over time. Once considered a currency used for dark web-related

Cryptocurrency Mining
Bitcoin News
Cryptocurrency Mining
Bitcoin News

Bitcoin Miners Bank Cards Frozen By Chinese Authorities In Sichuan

There are fears of “bulk bank cards freezing” that has affected the operation of Bitcoin and crypto miners in the Chinese province of Sichuan according to local media reports. Reports show that several crypto mining and OTC operators’ bank cards were frozen. On follow up they were asked to conclusively verify that their sources of funds

There are fears of “bulk bank cards freezing” that has affected the operation of Bitcoin and crypto miners in the Chinese province of Sichuan according to local media reports. Reports show that several crypto mining and OTC operators’ bank cards were frozen. On follow up they were asked to conclusively verify that their sources of funds

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin [BTC] Miners Recording Massive BTC Outflows, Will Bulls Survive?

Just a day ago Bitcoin was seen lounging above 10K. However, in just a day’s time, the price of the coin plummeted back to the 9K zone. As per CoinMarketCap, Bitcoin witnessed a 5.91% drop in its price over the past 24-hours, at press time. Bitcoin’s New York  Minute Merely 24-hours ago, the crypto community

Just a day ago Bitcoin was seen lounging above 10K. However, in just a day’s time, the price of the coin plummeted back to the 9K zone. As per CoinMarketCap, Bitcoin witnessed a 5.91% drop in its price over the past 24-hours, at press time. Bitcoin’s New York  Minute Merely 24-hours ago, the crypto community

Bitcoin BTC mining
Bitcoin News
Bitcoin BTC mining
Bitcoin News

All Eyes Turn To Bitcoin Bulls As Miner Revenue From Bitcoin Transaction Fees Falls to Normal Levels

A report from GlassNode, an analytics platform, shows that revenue drawn from transaction fees for Bitcoin miners is back to normal levels. In the Bitcoin network, miners play a critical role of not only securing the network but by confirmation transactions and batching them out in blocks roughly every 10 minutes. This rhythmic pulse and

A report from GlassNode, an analytics platform, shows that revenue drawn from transaction fees for Bitcoin miners is back to normal levels. In the Bitcoin network, miners play a critical role of not only securing the network but by confirmation transactions and batching them out in blocks roughly every 10 minutes. This rhythmic pulse and

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Miner’s Revenue Spikes 14% As Bitcoin Transitions From A Block-Reward To A Transaction Fees Model

8 days after halving, data streams from GlassNode, a crypto analytics platform, shows that miner revenue from Bitcoin transaction fees is up 14 percent to 2018 levels. It is unprecedented but nonetheless expected since the network hash rate was somehow expected to shed computing power as miner block rewards were chopped by half. Miners revenue

8 days after halving, data streams from GlassNode, a crypto analytics platform, shows that miner revenue from Bitcoin transaction fees is up 14 percent to 2018 levels. It is unprecedented but nonetheless expected since the network hash rate was somehow expected to shed computing power as miner block rewards were chopped by half. Miners revenue

Bitcoin mining
Bitcoin News
Bitcoin mining
Bitcoin News

Is The Bitcoin (BTC) Miner Capitulation On? Average Block Generation Time rises to 12.1 Minutes

Bitcoin’s popularity is on the rise but network’s core is deteriorating if recent metrics are anything to go by. Maintained by a community of miners who actively ensure transactions are secure and immutable, it has been observed that the average block time has increased from around 8.5 minutes (the average reading on May 10) to

Bitcoin’s popularity is on the rise but network’s core is deteriorating if recent metrics are anything to go by. Maintained by a community of miners who actively ensure transactions are secure and immutable, it has been observed that the average block time has increased from around 8.5 minutes (the average reading on May 10) to

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin Transaction Fees Went Up By 10% Post Halving , Here’s Why And How It Will Impact Bitcoin Miners?

On May 12, right after halving, bitcoin miners reported fees required to move value using Bitcoin from one address to another temporarily spiked by 10.59 percent. The Bitcoin network, as programmed, halved its bitcoin miner rewards from 12.5 BTC to 6.25 BTC as the platform gradually shifts from a reward-based system to a transaction-fee model

On May 12, right after halving, bitcoin miners reported fees required to move value using Bitcoin from one address to another temporarily spiked by 10.59 percent. The Bitcoin network, as programmed, halved its bitcoin miner rewards from 12.5 BTC to 6.25 BTC as the platform gradually shifts from a reward-based system to a transaction-fee model

Bitcoin BTC Mining Difficulty
Blockchain News
Bitcoin BTC Mining Difficulty
Blockchain News

NASDAQ Listed Blockchain Firm Purchases Bulk Next Gen Bitcoin Miners Ahead Of Bitcoin Halving

NASDAQ listed firm, Riot blockchain, purchases over 1000 Antminer S19 Bitcoin miners. The purchase aims at increasing the mining efficiency and lower the power consumption to boost profits post-halving. According to a press release, NASDAQ listed cryptocurrency mining firm, Riot Blockchain, purchased over 1000 Bitcoin miners from top mining hardware manufacturer, Bitmain. The total cost

NASDAQ listed firm, Riot blockchain, purchases over 1000 Antminer S19 Bitcoin miners. The purchase aims at increasing the mining efficiency and lower the power consumption to boost profits post-halving. According to a press release, NASDAQ listed cryptocurrency mining firm, Riot Blockchain, purchased over 1000 Bitcoin miners from top mining hardware manufacturer, Bitmain. The total cost

Bitcoin BTC mining
Bitcoin News
Bitcoin BTC mining
Bitcoin News

Breaking News: Chinese Govt. To Cut Electricity Costs To Protect Bitcoin Miners

The fears that stagnating Bitcoin prices [~$6k-7k] might starve the large Bitcoin miners majority of which are based out of China’s Sichuan province are now hitting the mainstream media. In a surprising move to support large bitcoin miners Chinese govt. is lowering down the electricity costs. Cheaper Electricity in Sichuan To Support Miners Mao Shixing,

The fears that stagnating Bitcoin prices [~$6k-7k] might starve the large Bitcoin miners majority of which are based out of China’s Sichuan province are now hitting the mainstream media. In a surprising move to support large bitcoin miners Chinese govt. is lowering down the electricity costs. Cheaper Electricity in Sichuan To Support Miners Mao Shixing,

Bitcoin Halving
Bitcoin News
Bitcoin Halving
Bitcoin News

Bitcoin Mining Difficulty May Shoot To it’s All Time High Before Bitcoin Halving

19 days to a much-awaited Bitcoin halving, observers estimate that the network’s difficulty could be adjusted to an all-time high barely a six weeks after its algorithm chopped it by 16 percent, the third largest drop in Bitcoin’s short history. Hash Rate Matters However, this is subject to hash rate. Hash rate is nothing more

19 days to a much-awaited Bitcoin halving, observers estimate that the network’s difficulty could be adjusted to an all-time high barely a six weeks after its algorithm chopped it by 16 percent, the third largest drop in Bitcoin’s short history. Hash Rate Matters However, this is subject to hash rate. Hash rate is nothing more

Bitcoin News
Bitcoin News

Hear Bitcoin [BTC] ‘Mining Capitulation’? Analysts Say Time to Look for Longs

‘Hash Follows Price’ – Apart from all the other correlations in and outside of the crypto-markets, this short-term trend has been intact more often than not. The recent dip in price is now causing a considerable drop in the hash rates as well. Moreover, reports of miner capitulation are rampant as well. Technically, many of these

‘Hash Follows Price’ – Apart from all the other correlations in and outside of the crypto-markets, this short-term trend has been intact more often than not. The recent dip in price is now causing a considerable drop in the hash rates as well. Moreover, reports of miner capitulation are rampant as well. Technically, many of these

Bitcoin BTC Hash Rate Rising
Bitcoin News
Bitcoin BTC Hash Rate Rising
Bitcoin News

Bitcoin (BTC) Hash Rate at a new-all-time high, Miners Unfazed by Coronavirus

The bitcoin (BTC) hash rate spiked and is now at a new all-time high according to new data streams from BitInfoCharts. At 120 EH/s, it appears as if traders and the investor community are unfazed by recent price drops. The world’s most valuable digital asset is trading below $8,500, and there are fears that the

The bitcoin (BTC) hash rate spiked and is now at a new all-time high according to new data streams from BitInfoCharts. At 120 EH/s, it appears as if traders and the investor community are unfazed by recent price drops. The world’s most valuable digital asset is trading below $8,500, and there are fears that the

bitcoin mining
Bitcoin News
bitcoin mining
Bitcoin News

Peter Thiel-Backed $50 Million Bitcoin Mining Firm Starts Operations In West Texas

PayPal’s Peter Thiel’s Bitcoin mining firm starts mining operations in West Texas on Wednesday kicking off the $50 million facility as the market awaits BTC halving. The price of Bitcoin (BTC) is on a rise in 2020 after a two-year bearish trend that crippled the crypto industry. Despite the drop in BTC prices, mining on

PayPal’s Peter Thiel’s Bitcoin mining firm starts mining operations in West Texas on Wednesday kicking off the $50 million facility as the market awaits BTC halving. The price of Bitcoin (BTC) is on a rise in 2020 after a two-year bearish trend that crippled the crypto industry. Despite the drop in BTC prices, mining on

Bitcoin News
Bitcoin News

CT Shames Ripple CEO for Spreading Misinformation on Bitcoin and Ethereum Mining

Leading crypto figures are criticizing Ripple CEO after he makes false claims about Bitcoin and Ethereum in a CNN interview.  Brad Garlinghouse, the CEO of Ripple notes that cryptocurrency and blockchain are going to provide a plethora of services and there will not be a single winner. According to him, different assets and platforms will

Leading crypto figures are criticizing Ripple CEO after he makes false claims about Bitcoin and Ethereum in a CNN interview.  Brad Garlinghouse, the CEO of Ripple notes that cryptocurrency and blockchain are going to provide a plethora of services and there will not be a single winner. According to him, different assets and platforms will

Bitcoin BTC mining
Bitcoin News
Bitcoin BTC mining
Bitcoin News

Is Bitcoin (BTC) About to Have an Epic Rally After A Recent Mining Difficulty Adjustment?

There has been a slight Bitcoin mining difficulty adjustment in the last 24 hours and analysts now reckon that BTC is just on the course of an epic rally. Eluding his confidence on Twitter, the analyst going by the name PlanB—a proponent of Stock to Flow Ratio, posted a screen grab of the drop in

There has been a slight Bitcoin mining difficulty adjustment in the last 24 hours and analysts now reckon that BTC is just on the course of an epic rally. Eluding his confidence on Twitter, the analyst going by the name PlanB—a proponent of Stock to Flow Ratio, posted a screen grab of the drop in

coronavirus bitcoin
Bitcoin News
coronavirus bitcoin
Bitcoin News

Bitcoin[BTC]: Experts Paint a Grim Picture for 2020 due to Scams and Miner Sell-Offs

Bitcoin [BTC] price is trading around the $7000 region with a lot of uncertainty around the next move. The primary factors affecting its price currently are the PlusToken scam, selling pressure from miners and the halving speculations. In this interview with on-chain experts David Puell and Willy Woo, Jacob Canfield attempts to clear the FUD

Bitcoin [BTC] price is trading around the $7000 region with a lot of uncertainty around the next move. The primary factors affecting its price currently are the PlusToken scam, selling pressure from miners and the halving speculations. In this interview with on-chain experts David Puell and Willy Woo, Jacob Canfield attempts to clear the FUD