Bitcoin Mining

Bitcoin Mining

Tech

Your PGP Key? Make Sure It's Up to Date

Identity thieves now have another tool at their disposal: bitcoin hashing power.

keys, security

Markets

Bitcoin’s Share of PoW Mining Rewards Now Above 80%

Rewards received by bitcoin miners form a major chunk of the salaries paid across major proof of work (PoW) blockchains, according to Yassine Elmandjra, a cryptocurrency analyst from ARK Invest.

Miner Salary Share Across PoW Crytpocurrencies. (Image via ARK Invest)

Markets

This Metric Suggests Bitcoin Has Bottomed Out

Bitcoin likely carved out a major price bottom in December, according to a non-price metric, which has proved as a reliable price indicator in the past.

coal miners

Finance

A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners

A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub.

Sergei Nemchenkov, the head of data centers and digital products at Rosenergoatom / Anna Baydakova for CoinDesk

Finance

Lawsuit Shows How a Public Firm's $80M Bet on Bitcoin Miners Went Terribly Wrong

The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off.

Bitcoin mining facility via CoinDesk archives

Markets

Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.

Credit: CoinDesk archives

Tech

A Plan to Decentralize Bitcoin Mining Again Is Gaining Ground

New code for mining pools could fix problems associated with transaction censorship and more, say its supporters.

(Wikimedia Commons)

Markets

Malaysian Thieves Drill Through Wall to Steal 85 Crypto Machines

Authorities arrested five suspected in the theft of almost 100 bitcoin machines.

concreet

Markets

Chinese Agency Scraps Plan to Eliminate Bitcoin Mining Industry

China's top economic planning agency has remove bitcoin mining from a list of industries to be phased out from the country.

bitcoin yuan

Markets

Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China

After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.

Bitcoin mining farm (CoinDesk archives)