Tag: Bitcoin mining
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Bitcoin not catching the virus as correlations with COVID-19 emerge again
What is the most appealing characteristic of Bitcoin? There are many. But one that perhaps, stands out the most is that of its...
Bitcoin News Summary – February 24, 2020
The post Bitcoin News Summary – February 24, 2020 appeared first on 99 Bitcoins.
Decentralized loan service, bZx, was hacked second time following a previous incident on Valentine’s Day, for a combined total of 3,581 ETH (currently worth nearly a million Dollars). The hacker took out loans then manipulated the price of the underlying cryptos in order to pay back less than they borrowed. Chinese crypto exchange, FCoin, [...]
Layer1 Technologies Wants to Control 30% of the Bitcoin Mining Hashrate
Bitcoin mining has proven to be extremely centralized. Layer1 Technologies, an American firm, aims to change that narrative over the coming years.
Most...
After Overnight Flash Crash, Here Are 5 Reasons Why Bitcoin Will Rally Again
Bitcoin’s (BTC) price hit $9,260 on Feb. 20 and dropped to $9,350 on BitMEX the very next day. Analysts say these two pullbacks...
Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving
Riot Blockchain, a Nasdaq-listed crypto firm in the United States, plans to sell its exchange to focus on Bitcoin (BTC) mining ahead of...
Peter Thiel Funded Layer1 Officially Opens Its West Texas Facility
Layer1 Technologies, a San Francisco-based cryptocurrency mining firm, has fully begun operating in its West Texas facility. The firm, which made its plans for...
Fidelity Is Still Looking for Bitcoin Mining Engineers
The Fidelity Center for Applied Technology (FCAT) is looking to find Bitcoin Mining Engineers for a “new business opportunity.” The proposal is coming...
Mining Centralization Won’t Break Bitcoin – Independent Crypto Research
Independent crypto researcher Hasu argues that mining centralization is not really an issue for bitcoin.
According to him, miners are so invested in the...
Canaan and Northern Data Join Hands to Work on AI, Blockchain and Datacenters
The world’s second-largest Bitcoin mining company Canaan recently announced a new partnership with Bitcoin mining and datacenter company Northern Data AG.What do the...
US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security
Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash...
Bitcoin mining giant Canaan joins forces with blockchain titan Northern Data
Northern Data AG, a Bitcoin mining and datacenter multinational, today announced its partnership with the world’s second-largest Bitcoin mining manufacturer, Canaan Inc.Though details...
US a Major Bitcoin Miner Again; How Layer1’s Launch is Bullish for BTC
The Texas Bitcoin mining facility by Layer1 has gone live for the first time today. The all-in-house US Bitcoin mining initiative is seeking...
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