Crypto Mining

F2Pool co-founder responds to allegations it’s cheating the Ethereum POW system

F2Pool co-founder Chun Wang has responded to allegations that his mining pool has been manipulating Ethereum block timestamps to “obtain consistently higher mining rewards.” The allegations came from an Aug. 5 paper from researchers at The Hebrew University, claiming the mining pool has been engaging in a “consensus-level” attack on Ethereum over the last two years […]

Read More
Crypto Mining

Antminer S19 XP dropped in a bid to swing crypto miners back into profit

Phil Harvey said that this type of miner can typically last a minimum of 36 months in a facility operated by their crypto firm Sabre56. 514 Total views 19 Total shares With the Bitcoin (BTC) price moving at a very steady pace during the crypto winter, the return on investment (ROI) on a new mining […]

Read More
Crypto Mining

Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO

White Rock Management CEO Andy Long believes bear markets “present excellent opportunities” for expansion via mergers and acquisitions in the crypto mining sector. Speaking with Cointelegraph, the crypto mining company CEO noted that companies who have managed their balance sheets effectively are in “great shape” during this bear market, and will continue to do well even […]

Read More
Crypto Mining

Riot Blockchain’s Bitcoin mining productivity dropped 28% YOY amid record Texas heat

“The company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas,” said Riot CEO Jason Les. 1111 Total views 6 Total shares Crypto mining firm Riot Blockchain reported it produced fewer Bitcoin (BTC) in July 2022 than that in July 2021 after scaling down operations at its Texas […]

Read More
Crypto Mining

NFT communities greenlight Web3 films: A decentralized future for fans and Hollywood

The traditional film industry is one of the most centralized and traditional of them all. Just a handful of movie studios and streaming conglomerates control the lion’s share of the global film market.  But nonfungible tokens (NFTs) and a growing crypto-centric community of enthusiastic filmmakers might just disrupt the industry.  Some independent projects offer a […]

Read More
Crypto Mining

Crypto miner Digihost plans to move rigs from New York to Alabama

The mining firm said it aims to have a hashing capacity of 28 MW at the Alabama facility by the fourth quarter, and 55 MW by the second quarter of 2023. 493 Total views 21 Total shares Digihost, a United States-based cryptocurrency mining company, has announced plans to move part of its fleet from New […]

Read More
Crypto Mining

Cleaning up crypto: How much enforcement is too much?

Many blockchain companies now believe that regulation is inevitable, but there’s a growing debate over where to draw the line between protecting users and strangling the lifeblood out of the industry — or forcing it outside the United States.  “Whether we like it or not, regulation is coming,” Sheila Warren of the Crypto Council for […]

Read More
Crypto Mining

Ethereum chain split is possible after the Merge, survey finds — But will ETC price keep climbing?

Ethereum’s proof-of-work (PoW) powered by GPUs generated approximately $19 billion in revenue last year for ETH miners. But these revenue streams are in danger as Ethereum is expected to become a proof-of-stake (PoS) blockchain via “the Merge” upgrade in September. Miners could then revolt against the new upgrade by continuing to mine on the old Ethereum […]

Read More
Crypto Mining

What happens when 21 million Bitcoin are fully mined? Expert answers

Mining expert Mohamed El Masri predicts that Bitcoin will be worth around $430,500 when the last coin is minted. 2960 Total views 15 Total shares When the last Bitcoin (BTC) is finally mined, the livelihood of miners who rely on block rewards as a source of income will be affected. Despite this, the future of […]

Read More
Crypto Mining

Crypto mining still profitable in the long-term, expert says

Steve Bassi said that a long-term holder may do well mining in the short run and then selling when the block reward goes down in 2024. 1255 Total views 56 Total shares From the great migration to the bear market, crypto miners went through many challenges throughout the year including a shift in profitability. However, […]

Read More