Mining

Only 16% of Ethereum Nodes Upgraded Before Hard Fork, it’s a Nonissue

Ethereum will migrate it’s blockchain from proof-of-work to proof-of-stake in a hard forking event dubbed as Constantinople by January 16. But only 16% of its nodes are ready for the upgrade so far.The...

Bear Market in Full Force

After miners, it is crypto exchanges that stand before the wrath of a bearish cryptocurrency market.Liqui, a small but a long-running crypto trading company, announced today that it would close down its operations....

EU Banking Authority Urges Bitcoin Law, What it Means For BTC

The European Banking Authority (EBA) has called for pan-EU rules on bitcoin and other crypto assets.The London-based regulatory agency reached the European Commission, which drafts EU legislation, with its official report on cryptocurrency...

Police Mistake Crypto Mining Rigs For Drug Den in Raid Gone Wrong

Police in Adelaide, Australia raided the home of Rob Butvila expecting to find a marijuana grow room, but instead they found an elaborate crypto mining set up, complete with a ventilation system to...

Crypto Pundits Skeptical Of “Better Bitcoin” Plan From MIT, Stanford

Since Bitcoin began to pick up steam in 2016, the network, coupled with its core developers, has been criticized by cynics en-masse for its inability to scale. And while evident strides are being...

Bitcoin Rally To Be Preceded By More “Crypto Is Dead,” Layoffs, Regulation, Says Investor

Since Bitcoin began to tumble in early-2018, crypto investors en-masse have been sitting on their hands, eagerly waiting for the eventual market turnaround. And while hopeful sentiment has begun to mount, especially as...

Researcher: Ethereum Constantinople “Couldn’t Come At A Worse Time”

Since the Ethereum Constantinople’s activation date was confirmed, a mass of leading crypto researchers, analysts, and commentators have claimed that the pertinent blockchain upgrade is a net positive for this industry. However, a...

Regulator Rules Cryptocurrency Mining Contracts Can be Securities

The financial markets authority of Quebec (AMF) is requesting that investors in a cryptocurrency mining company contact them. The announcement comes after Technologies Crypto Inc. was issued with a series of freezing orders...

Bearish Crypto Market Claims Another Victim in Mining Space

The long-running bearish sentiment of cryptocurrency market has claimed another victim.Giga Watt, a US-based Bitcoin mining firm, sent an email to its customers, stating that it has decided to close down operations. The company...

Crypto Analyst: Shutdown Of Bitmain’s Mining Operations Isn’t A “Big Deal”

While Bitmain has made forays into artificial intelligence and other budding markets, at heart, Bitmain is a Bitcoin– and crypto-centric mining startup. So, it should come as no surprise that industry participants were...