Mining

Mining

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Bitcoin Mining’s New Bidding War

The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump.

Antminer machine

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Bitcoin Can't Fix Venezuela: I Should Know

Diana Aguilar used bitcoin to survive in Venezuela, but cryptocurrency can’t fix the troubled nation's economy, she argues.

venezula, protest

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Funding Approved for Audit of Ethereum's ProgPoW Mining Proposal

Funding has been raised to conduct a technical audit over "ProgPoW" – a hotly-debated proposal to change ethereum's mining algorithm.

Crypto mining machines (lmstockwork/Shutterstock)

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Vitalik Proposal Could Turn Ethereum Staking Into $160 Million Industry

Ethereum researchers are currently discussing the optimal reward issuance rates for a new version of the network called ethereum 2.0.

Vitalik Buterin at DEVCON 2018

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Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund

Bitfury and Swiss investment firm Final Frontier have launched a bitcoin mining fund after it was authorized by an EU regulator.

btc mining

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Grin Cryptocurrency to Discuss Change to Mining Difficulty Schedule

Grin developers are discussing potential changes to the privacy-oriented cryptocurrency's difficulty schedule.

grin, mimblewimble

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SBI Holdings Latest Crypto Venture Will See It Make Mining Chips

Japan's SBI Holdings has teamed with an unnamed “large” semiconductor firm in the U.S. to make crypto mining chips and systems.

mining

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Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say

Bitmain, the largest manufacturer of crypto mining equipment, is scaling up its capacity to mine bitcoin itself.

Stack of bitcoin miners

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Avalon Miner Maker Canaan Raises ‘Hundreds of Millions’ in New Funding

Canaan Creative, the maker of Avalon miners, has closed a significant funding round, valuing the firm at over $1 billion, according to a report.

Avalon ASIC chips

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Mining Pool Splits $300K Ether Fee With Accidental Sender

Ethereum mining pool Sparkpool has verified the accidental sender of an unusually high miners' fee and agreed to split the amount.

eth, ethereum