Ethereum’s hashrate has plummeted more than 25% since its peak level in mid-May. This is the direct result of China’s crackdown on cryptocurrency mining and the resultant exodus of mining operations. According to Bitinfocharts, the […]
Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis. Summary Despite briefly dipping below $30,000 earlier in […]
An Overview Of What Bitcoin Miners Are Actually Doing This article, to a degree, builds upon my previous one. Before we peer under the hood, let’s look quickly at how miners have evolved. At first, […]
On Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s three days ago. Meanwhile, in five days the network’s mining […]
Over the weekend, Yunnan provincial authorities issued a notice ordering an investigation into the alleged illegal use of electrical power by individuals and companies involved in Bitcoin mining. According to a report from the China […]
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will […]
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