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...
Bitcoin mining difficulty has set a new all-time high of 19.32 T on September 18. It is estimated that the mining difficulty will increase by 9.09% to 21.07 T in the next adjustment, according to BTC.com. Suffering from the high mining difficulty, bitcoin miners there were then tortured...
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...
The price of Ethereum has reached a new yearly high at $325, surpassing the previous high achieved in February 2020. In addition, more information about Ethereum 2.0 is disclosed recently, and after the popularity of DeFi, GAS fees began to approach the peak in 2018. Now the popularity...
8btc went for a field trip to China’s Sichuan province, which is home to some of the largest crypto mining operations in the world. 8btc launched a picture & text live broadcast to discover the mining empire hidden in the mountains. Sichuan is rich in rivers and waters. In the eyes of or...
On June 24, a statement issued by Antminer shows crypto miner maker Bitmain’s two founders Wu Jihan and Micree Zhan have reached an agreement after their long battle for controlling the company. The voice is solely from Wu Jihan, and there is no response from the Micree Zhan at pres...
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