Category: Mining Pools

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SBI Crypto’s Bitcoin mining pool goes public

The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike. SBI Crypto, the mining subsidiary of Japanese financial conglomerate SBI Holdings, has opened its mining pool to the general public.  As one of the fruits of a strategic partnership between SBI and the German tech…
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Bitmain’s Antminer says Bitcoin rig sales won’t be affected by CEO departure

After corporate infighting temporarily halted chip shipments in 2020, Bitmain’s Antminer team says business will resume as normal following former CEO Jihan Wu’s departure. Bitcoin (BTC) mining rig manufacturer Bitmain has issued a notice to customers stating that business operations will resume as normal in light of former chairman and CEO Jihan Wu’s departure from…
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Jumping into the pool: How to earn a profit mining Bitcoin and Ether

Where can you mine Bitcoin and Ether in 2020? Here are the top tips about mining pools and what you need to know before joining one of them. For the past several months, miners around the world have been extremely active, which can be seen through spikes in hash rates that coincided with a significant…
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The rise of major Bitcoin mining institutions is inevitable

2020 marks a new era for mining institutionalization, bringing with it both benefits and challenges. There are very few investments that can deliver an infrastructure-style downside case with a venture-capital-style upside. The combination of energy arbitrage with accumulating a balance sheet of Bitcoin (BTC) can deliver this. That is why we are seeing a rush…
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‘Slippery slope’ as new Bitcoin mining pool censors transactions

The launch of a new ‘censored’ mining pool has some Bitcoiners worried its a harbinger of things to come. Blockchain analytics platform BlockSeer has launched the private beta version of a new Bitcoin (BTC) mining pool (Blockseer Mining Pool) that censors transactions from blacklisted wallets. The pool will use BlockSeer and Walletscore’s labeling data among…
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Capitulation by Unknown Miner ‘Caused the Dip,’ Says CryptoQuant CEO

The CEO of CryptoQuant believes that capitulation by an unknown miner caused the latest Bitcoin price dip. According to Ki Young Ju, CEO of CryptoQuant, capitulation by an unknown mining pool was responsible for the latest market dip. The miner who has produced 51 blocks over the past four days may be capitulating, reports Ki…
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Major Chinese Mining Pool Drops out of BTC Mining Race, Looking to Altcoins

Baite, formerly one of the top Chinese mining pools, has dropped out of the BTC mining race in favor of altcoins. Although the Bitcoin hashrate has increased 33% in the last 48 hours the mining industry still faces uncertainties. This has left Baite mining pool, one of the top Chinese pools with no choice but…
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Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development

Litecoin creator Charlie Lee recently posited the concept of LTC miner pool donations to help boost funding. Litecoin (LTC) founder Charlie Lee proposed mining pool donations as a new funding method for cryptocurrency development.   “I think a better way to fund development is mining pools voluntarily donate a portion of the block reward,” Lee said…
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