Category Asic Mining News

Russia does not authorize of Bitcoin mining

Russia does not authorize of Bitcoin mining
A few days ago, Russia’s parliament rejected a new bill on the mining of Bitcoin and other cryptocurrencies.  This was reported by local news agency Interfax, which reveals that on 19 October in Moscow the State Duma voted against the bill on cryptocurrency mining proposed by deputies of the “Novye ljudi” party, known in the

Bitcoin: combine mining is ending up being progressively preferred

Bitcoin: combine mining is ending up being progressively preferred
Recent research by BitMEX reveals that merge mining is becoming increasingly popular on the Bitcoin blockchain. Until 2016 it was almost absent, but in 2017, with the introduction of SegWit, it literally exploded.  Taking as a reference the average per thousand blocks of the number of zero-value output in the coinbase transaction, until 2016 it

Bitmain is arranging programs for miners

Bitmain is arranging programs for miners
Yesterday Bitmain officially announced its Ant Training Academy courses for mining maintenance. These ATA courses have been developed to educate staff at mining farms on maintenance, installation, operation, problem-solving and repair, all of which were previously limited to insiders, as Jiang Zhihua, global marketing director at Bitmain, said: “Until now, education around miner maintenance was

Top Ten Questions About Bitcoin

Bitcoin’s Birthday– Go Full Crypto
Buying BitcoinThere are many ways to buy Bitcoin, and it is certainly not too late to do so. Even with only 21 million Bitcoin ever to enter circulation, you can easily buy fractions, called Satoshis. One BTC is made up of 100 million Satoshis. There are many avenues to purchase Bitcoin, such as an exchange.

3 Ways that Bitcoin Could Fail

3 Ways that Bitcoin Could Fail– Go Full Crypto
In episode 6 of the Go Full Crypto podcast, we briefly discussed what would cause Bitcoin to fail. It turns out that Bitcoin is extremely secure and robust. It is very difficult, if not impossible for the world to stop running the bitcoin network. This post is about about exploring the unlikely. What would possibly

Maintaining Your Keys Safe

Maintaining Your Keys Safe– Go Full Crypto
This week on Go Full Crypto, we’re talking about key safety. This is an important topic because if you fail to follow the rules of key safety, you can lose all of your funds with zero chance of recovery. This is an aspect of cryptocurrencies that actually turns a lot of people off. However, it

Restriction on PoW in the EU: all delayed

Restriction on PoW in the EU: all delayed- The Cryptonomist
Is the ban on Proof of Work, and thus Bitcoin, in the European Union simply postponed? The European Economic Commission’s (ECON) vote on the MiCA (Market in Crypto Assets) law states to move forward on the issue of regulation and user protection and removed the amendment that would have banned PoW. But there is a

Bitcoin mining earnings down

Bitcoin mining earnings down – The Cryptonomist
Data show that there are no longer any profits for Bitcoin miners, it is currently difficult to get cheap electricity to run efficient mining platforms.  During the past few weeks, the cost of Bitcoin production has reached its all-time highs, exceeding the spot market value and putting heavy pressure on miners.  Bitcoin mining is no