Dmitry Marinichev, Russia’s internet ombudsman who criticized the state’s attempt to block Telegram, plans to take over a closed metal factory to mine Bitcoin. A Bitcoin mining company owned by Russia’s internet ombudsman is planning to open a new facility and corner 20% of the international market. Internet ombudsman targets BTC As local financial news […]
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Bitcoin tries and fails to hold the $9.5K mark, still preserving the recent 30% gains it sealed in its sudden uptick which began on Friday last week. Bitcoin price (BTC) was challenging $9,500 on Oct. 29 as the largest cryptocurrency preserved its higher levels after a bullish breakout over the weekend. Cryptocurrency market daily overview. […]
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Sudden change at the top of the mining giant appears unexpected, with fellow co-founder Jihan Wu threatening staff who do not shun Micree Ketuan Zhan immediately. Altcoin Bitcoin Cash (BCH) has surged 10% in the past 24 hours after it emerged mining giant and major supporter Bitmain had fired a senior executive. Wu to staff: […]
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Chinese cryptocurrency mining giant Canaan Creative has filed for an initial public offering with the U.S SEC to raise $400 million. Chinese cryptocurrency mining giant Canaan Creative has filed to be a publicly-traded company in the United States. On Oct. 28, Canaan Creative filed for an initial public offering (IPO) with the U.S. Securities and […]
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Computing resources dedicated to Bitcoin transaction validation is bigger than ever, underscoring miners’ overall bullish sentiment despite the price falling. Bitcoin (BTC) continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance. Hash rate hits all-time highs in October Data from monitoring resource […]
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Almost half of all people working in the blockchain industry are reportedly employed by cryptocurrency exchanges. Almost half of all people working in the blockchain industry are employed by cryptocurrency exchanges, new research from industry-focused publication The Block reveals. The Block published the research results on Oct. 23, stating that 42% of people at 158 […]
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Historical evidence puts next year’s event in context as Bitcoin network’s next watershed moment. Bitcoin (BTC) advocates continue to focus on the May 2020 block reward halving this week as the impact on price becomes more apparent. Analysts excited for high-stakes halving In a Twitter discussion beginning Oct. 18, commentators noted that next year’s event […]
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Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin mining, in Rockdale, Texas. Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining, in Rockdale, Texas. In a press release published on Oct. 21, Bitmain revealed the project […]
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As Bitcoin price successfully held $7,700-$7,800 support again and now back up over $8,200, several indicators suggest a bullish reversal. Bitcoin price (BTC) has continued to fend off support in the $7,800 region for what will be the fifth week running at the end of today. With the BTC price currently back up over $8,200, […]
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Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from investors including Peter Thiel in a Series A funding round. Cryptocurrency investment and infrastructure platform Layer1 has secured $50 million from a number of industry stakeholders in a Series A funding round. As Fortune reported on Oct. 15, venture capitalist and PayPal co-founder Peter […]
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