Mining News | Blockchain.News

MINING

The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.

Bitcoin Trading Should Be Banned by Central Banks, Says Former British Member of Parliament
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Bitcoin Trading Should Be Banned by Central Banks, Says Former British Member of Parliament

Former Member of the British Parliament Nick Boles appears to disfavour Bitcoin, saying that the central banks should monitor the cryptocurrency’s trades.

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain
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Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.

Ripple’s CEO Argues XRP Decentralization: Are Bitcoin and Ethereum Really Controlled by China?
mining

Ripple’s CEO Argues XRP Decentralization: Are Bitcoin and Ethereum Really Controlled by China?

The Ripple team has countered the SEC's decentralization argument claiming that Bitcoin is controlled by China as a result of the mining pool concentration. Is this true?

Ripple (XRP) CEO on How China Is Controlling Bitcoin and Will Potentially Dominate All Cryptocurrencies
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Ripple (XRP) CEO on How China Is Controlling Bitcoin and Will Potentially Dominate All Cryptocurrencies

Ripple CEO Brad Garlinghouse explained why the majority of Bitcoin (BTC) was controlled by China, as he discussed the country's role in the blockchain sector.

Bitcoin Network Mining Difficulty Nears ATH as Institutional Investors Dismiss BTC Price Volatility
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Bitcoin Network Mining Difficulty Nears ATH as Institutional Investors Dismiss BTC Price Volatility

Bitcoin’s network mining difficulty has risen by 8.9 percent today, and is now only 4.4 percent below its all-time high.

Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day
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Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day

Bitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.

Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter
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Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter

Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products
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Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.

Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms
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Iranian Power Plants to Supply Surplus Power to Bitcoin and Crypto Mining Farms

Power plants in Iran are considering supplying surplus electricity to Bitcoin and cryptocurrency mining farms in the nation.

Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain
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Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain

Jihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.

Bitmain Business Booming Despite Public Feud Between Co-Founders Jihan Wu and Micree Ketuan Zhan
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Bitmain Business Booming Despite Public Feud Between Co-Founders Jihan Wu and Micree Ketuan Zhan

Bitcoin mining giant Bitmain, continues to grow despite the public feud of its co-founders Jihan Wu and MicreeKetuan Zhan dominating the news over the last year.

Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects
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Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects

Kazakhstan's government is trying to secure a $700 million investment and reports that it is on track with its crypto mining farm project.

Malaysian Authorities Shut Down Illegal Bitcoin Miners For $600K Power Theft
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Malaysian Authorities Shut Down Illegal Bitcoin Miners For $600K Power Theft

Malaysian police have shut down two illegal Bitcoin mining operations which had been siphoning power continuously for the past three years.

IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts
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IMF Educational Cryptocurrency Video Receives Backlash from Bitcoin and Crypto Experts

A video posted by the International Monetary Fund (IMF) on its social platform has generated a lot of criticism from the cryptocurrency community.

US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme
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US Prosecutors Unseal Indictment of $20 Million Dollar Cryptocurrency Ponzi Scheme

US prosecutors have recently indicted a group of investment scammers who have orchestrated a cryptocurrency mining fraud following a Ponzi scheme protocol.