Ethereum gas prices have declined to 36Gwei, the three-month low since the DeFi boom, falling 93% from the peak. However, the data on the chain shows Ethereum network hashrate continues to grow, and the miners are frantically investing more in machines. According to the data from QKL...
Bitmain has picked the largest digital asset mining operation in North America as its cooperative repair center in the region to service and repair Bitmain's machines using original parts which will seek to reduce the downtime typically involved with sending machines to China for repair. ...
Chinese bitcoin miner maker Whatsminer's next-generation main product M50S has started research and development at the beginning of the year 2020, and it may release trial production at the end of the year. Futures are scheduled to be sold at the beginning of next year and delivered in the m...
Liquidity Mining has evolved into a low rumble as more and more people get interested, including Chinese crypto players. But what do traditional crypto miners in China think of liquidity mining? Capital is not safe in liquidity mining Traditional POW miners focus on machine, coin ...
Source said major Chinese miner makers including Whatsminer, Canaan, Ebang have sold out most of their stocks this year, while Bitmain is trapped in internal disputes and delivery delay. The bitcoin miners are now faced with the short supply of bitcoin miner. At present, bitcoin mining ma...
Filecoin storage network has revealed the details of its cryptoeconomic structure in a report titled Engineering Filecoin’s Economy, in which three key points are introduced: punishment mechanism, amount of mining release, and pre-pledge ratio. The revealed economic model is extremely hars...
The HashCon 2020 & New Infrastructure Mining Summit, was held jointly by inbtc (Bitcoin mining machine maintenance service provider started by leading mining pool Poolin cofounder Zhu Fa), 8BTC (China’s oldest and most influential crypto and blockchain media), and ChainNode (C...
The recent document shows China’s Inner Mongolia government launched on-site inspection on 30 big data and cloud computing enterprises in 7 cities, and found, requiring suspension of 21 crypto mining enterprises’ qualification to trade in “electric power trading center”. There are 21 lar...
China’s Sichuan province, known as the world’s bitcoin mining capital for its massive concentration of bitcoin mining operations as electricity is extremely cheap in the region, has recently revealed the second batch of demonstration enterprises for hydropower consumption. The list includes ...
The dumped profits of China’s state grid may lead to pressure on hydropower stations to reduce electricity supply for bitcoin mining farms in China’s Sichuan, Yunnan province, which is home to some of the largest crypto mining operations in the world. On July 22, Mao Weiming, the chai...
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