Tag: miners

Jan 18 2021

PrimeXBT Lead Analyst Kim Chua: The Cause of BTC Supply Crisis and Why It Will Get Worse

The year 2020 saw a major shift in the composition of BTC buyers, with institutions and large corporates with plenty of money to deploy the main buyers of BTC. This phenomenon became even more widespread after Grayscale Bitcoin Trust started acquiring Bitcoin more aggressively in the early part of last year, as well as the […] The post...

Jan 11 2021

Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic

Jan 11 2021 Published at CoinDesk under tags  bitcoin markets miners news

Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.

Dec 31 2020

Bitcoin Mining Machine Maker Ebang to Launch Crypto Exchange in 2021; Shares Rise

Bitcoin mining equipment maker Ebang announced Thursday it is preparing to officially launch a cryptocurrency exchange in the first quarter of 2021.

Dec 28 2020

Marathon Patent Agrees to Buy 70K ASIC Miners From Bitmain for $170M

The announcement comes after a holiday weekend in which the price of bitcoin hit a succession of new all-time highs.

Dec 16 2020

What Is Proof-of-Work?

Dec 16 2020 Published at CoinDesk under tags  bitcoin cryptocurrency ethereum explainers learn

Proof-of-work is the blockchain-based algorithm that secures many cryptocurrencies, including Bitcoin and Ethereum.

Dec 01 2020

Bitcoin Reaches New All-Time Highs Amid Soft Mining Ban in China

Bitcoin (BTC) was able to reach a new all-time high after it surpassed $19,8’00 in some exchanges. This is one of the moments Bitcoin holders were waiting since […]

Nov 30 2020

Ethereum Classic Activates Thanos Upgrade, Increasing Access for GPU Miners

Nov 30 2020 Published at CoinDesk under tags  ethereum classic hard fork miners news tech

The Thanos upgrade is aimed to allow more miner participation and thus increase security.

Nov 18 2020

Bitcoin’s Rally Could Be Caused by a Supply Crunch in China

Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges.

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