Unitize Conference Covers Ground, Mulls Blockchain Adoption and DeFi
Retail and enterprise blockchain adoption trends dominated the discussions on days three and four of the ongoing virtual conference Unitize, organized by BlockShow and San...
Category : Mining
Kazakhstan Sets Eyes on Top-3 Spot for Global Bitcoin Mining
Kazakhstan is becoming an important destination for Bitcoin (BTC) miners seeking cheap electricity in the post-halving market driven by thinner margins. According to recent reports,...
Accomplice in Alleged $722M Bitcoin Ponzi Scheme Pleads Guilty to Charges
One of four men charged with defrauding investors of more than $722 million through a long-running cryptocurrency mining scheme has pleaded guilty to charges against...
Switching Bitcoin to 100% ASIC Mining Could Increase Security 2000X
The wholesale embrace of Application-Specific Integrated Circuits (ASIC) mining for Bitcoin (BTC) could increase the cost of a 51% attack by a factor of up...
High Prospects for Bitcoin Price as Mining Investments Boom
Recent investments into cryptocurrency mining equipment by smaller players could be a positive signal for the longevity and value of Bitcoin (BTC). In late June,...
Exchanges Could Fight Hackers By Renting Mining Power
Speaking at Unitize virtual event, Coin Metrics researcher Lucas Nuzzi suggested that one way for exchanges to fight back against the hackers is by renting...
Venezuelan Authorities Seize Over 300 Bitcoin Mining Machines
The Bolivarian National Guard of Puerto Ordaz, Venezuela, seized 315 Bitcoin (BTC) mining machines manufactured by Bitmain. The owners of the mining rigs were told...
Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain
In its first-ever, the Chinese steelmaker Nanjing Iron and Steel Company said it has completed an iron ore trade on the blockchain. The steel company...
Vulnerability in Ravencoin Creates Extra 1.5% of Maximum Supply for Hackers
A vulnerability in Ravencoin (RVN) resulted in the unsanctioned minting of about 1.5% of its maximum supply of 21 billion RVN. The exploit was disclosed...