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...
Bitcoin has seen its mining difficulty decline to 13.91 T from a high of 16.55 T, down 15.95 percent at 2:51 UTC on Thursday, March 26, two weeks after the March 12 price crash. It is estimated that the mining difficulty will continue to drop, by 16.04% to 11.68 T in 14 days, according to...
CoinShares, a New York-based cryptocurrency service that provides advice and other services for investors, released a statement on the state of Bitcoin mining during the global uncertainty caused by the coronavirus, ahead of a planned, more thorough June 2020 mining report. In it, CoinS...
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...
Just like the California Gold Rush almost two hundred years before in the United States, there is another group of “miners” competing the scarce resources, Bitcoin, in Sichuan province, China, geographically similar size as California. If treated as a currency, there are no other cur...
"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...
Canaan, leading bitcoin mining hardware maker, has seen its stock price surge by more than 80% on Wednesday February 12, closing at $8.04 per share. Compared to the previous average trading volume of 250,000, more than 11 million shares have traded hands. The China-based bitcoin mining m...
Abundant coal, natural gas, cheap electricity, and sparsely populated and vast territory are making countries of Central Asia a perfect fit for bitcoin mining. Compared to the thermal power cost of over $0.06 per kilowatt hour in China, an average electricity rates of $0.03 per kilowatt hour...
Crypto Mining with video cards is the basic method to extract digital treasure, and the top-level video (card graphics card) is essential equipment for miners. In the early years, bitcoin mining was a small investment brings a ten thousand-fold profit. But with the increase in the number of m...
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...
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