Bitcoin Mining Hashrate Is Becoming More Decentralized As Small Pools Gains in Distribution

May 15, 2019

Bitcoin mining hashrate has been more distributed among mining pools, according to a report from cryptocurrency research firm Diar released on March 13. As per the report, smaller mining pools have made significant gains in the past few months as a result of unknown miners either drop off or ...

Litecoin’s Hashrate Tests Highest Range Again as Coingate Campaigns Against ‘Hodling’

Apr 13, 2019

The Litecoin network hashrate is at its highest range since its inception. Though the push to an all time high (359,437T) on April 9 could not be adequately tied to Litecoin's block halving coming in four months, it is a boost to its network's state. The build-up has been somewhat slo...

Hashrate Drop: Estimated 1.3 mln Bitmain S9 Miners Switched off

Dec 11, 2018

Bitcoin hashrate has fallen by about 31% since the start of November 2018, says BitMex in its recent crypto market analysis in the wake of a general price decline. The crypto exchange notes that the reduced hashrate, which it estimates represents a switch off of almost 1.3 million Bitmain S9 ...

Satoshi Nakamoto may Have Generated Less Bitcoin, a Bitmex Research Says

Aug 24, 2018

A dominant miner, presumably Satoshi Nakamoto, may have generated significantly less than a million bitcoin as it is generally assumed, a five-year-old research by crypto-coin trading platform, Bitmex, has shown. This view counters the argument by blockchain researcher, Sergio Demian Lerner,...

Canaan (Avalon) Release World’s First Bitcoin Mining TV and 7nm A9 at 30T/1720W

Aug 1, 2018

The China-based miner giant Canaan Creative on July 31 released its latest products – a TV set with built-in bitcoin mining chips and a 30T miner. Canaan, or Jiananyunzhi (“嘉楠耘智” in Chinese), was founded in April 2013 in Hangzhou by Zhang Nangeng, aka NgZhang. The compa...

Game of Death In The Bitcoin Mining Industry

May 5, 2018

Bitcoin mining is suffering from the bear crisis. After the slump in the beginning of 2018, bitcoin mining is walking into winter as bitcoin drop from $10,000 down to $7,000 in March. As analyst with Morgan Stanley predicted that if the coin can’t recover $8,600, many Bitcoin miners wil...