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Tag Archives: bitcoin mining

Microsoft Seeks Patent for Crypto System Using Body Activity Data

Mar 28, 2020

Olusegun Ogundeji

Microsoft is entitled to apply for and be granted a patent for a first claim (claim 1) to use human body activity associated with a task provided to a user for a mining process of a cryptocurrency system. According to the International Application Status Report of the filing, first made in Ju...

Chinese Bitcoin Miners: Price Crashed, and I Didn’t Leave

Mar 24, 2020

lylian Teng

Bitcoin price’s latest crash seems to have cast a shadow over the mining sector which saw the hashrate of bitcoin network dropped to a low of 85 EH/s from a peak of 133 EH/s on March 5. The current prices might be too low for some mining operations, which caused a small exodus of miners t...

Coronavirus Suspends Crypto Mining Machines Sales in China

Feb 14, 2020

Vincent He

"After waiting for a long time for bitcoin halving, my store couldn't open. Colleagues all went to WeChat moments to sell breathing masks and disinfectants for the ordinary expense." In eyes of Miss Hu, a mining equipment vendor in Huaqiang North – China’s No.1 electronics street and wo...

Bitcoin Hashrate Might Decline Impacted by Coronavirus Controls

Feb 6, 2020

lylian Teng

The coronavirus controls and possibly extended outbreak are taking a toll on bitcoin mining farms in China where an estimated 65% of global bitcoin hashrate is located. Jiang Zhuo’er, founder of mining pool BTC.Top, posted a weibo (Tweet equivalent in China) on February 4, complaining...