Inside Bitewei: The $20 Million Bitcoin Miner Being Hailed as a Bitmain Rival

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A startup seeking to rival mining giant Bitmain is gaining a reputation as a firm that could disrupt the balance in crypto’s most lucrative sector.

Bitcoin Hits $24,000 In Iran After Government Okays Mining

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The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Also Read: Iran Officially Recognizes Cryptocurrency Mining Falling Rial, New Policy…

Bitcoin Not Dead, Again: Washington Post Gets Schooled

Bitcoin Not Dead, Again: Washington Post Gets Schooled

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Castle Island Ventures partner and cofounder of Coinmetrics.io, Nic Carter, has had quite enough. Made crazy by mainstream media misunderstanding, ignorance, and downright falsehoods regarding cryptocurrencies, he took to Medium, making the case for why Bitcoin is not dead, again. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots “Bitcoin is Still a Total Disaster”…

Coders Renew Efforts to Fork Mining Giant Bitmain Off Siacoin Blockchain

Coders Renew Efforts to Fork Mining Giant Bitmain Off Siacoin Blockchain

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Coders on a smaller cryptocurrency protocol are showing why expansion might not be so easy for Bitmain, a mining giant that’s soon to file for an IPO.

Coingeek Speaks on Consensus Changes and Next-Gen ASIC Chip

Coingeek Speaks on Consensus Changes and Next-Gen ASIC Chip

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Last week, news.Bitcoin.com reported on the proposed consensus changes published by the Bitcoin ABC development team, and the opposition towards certain elements of that proposal from a few BCH community members. Now the blockchain firm and mining organization Coingeek, led by the billionaire tycoon Calvin Ayre, has revealed some different proposed changes to the BCH…

First Crypto IPO on London Stock Exchange Captures $32.5 Million

First Crypto IPO on London Stock Exchange Captures $32.5 Million

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London-based mining operation Argo is the first cryptocurrency firm to successfully launch an IPO on the London Stock Exchange, capturing £25 million (USD $32.5 million) in investor capital. The August 3, 2018 launch of the public offering provides retail investors with the opportunity to purchase ordinary shares in the mining organization, which operates a mining facility…

The Bitcoin Cash Network Processed 687,000 Transactions on August 1st

The Bitcoin Cash Network Processed 687,000 Transactions on August 1st

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Over the last day, BCH proponents have been celebrating the ‘Bitcoin Cash Independence Day’ which marks the anniversary of the August 1 blockchain split that took place a year ago. During festivities, the BCH community sent a ton of transactions over the course of the day and on August 1, 2018, the Bitcoin Cash network…

Kaspersky Labs Warns Against Cryptocurrency Mining Malware Affecting Several Corporations

Kaspersky Labs Warns Against Cryptocurrency Mining Malware Affecting Several Corporations

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The public threat of cryptocurrency miners seemingly increases daily. In the latest instance, a cryptocurrency miner dubbed “PowerGhost” was found to have infected servers of entire corporations, extracting massive amounts of energy to fulfill unlawful purposes. Miner Threatens Corporations As stated on SecureList on July 26, 2018, Moscow-based Kaspersky Labs revealed the presence of a…

Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners

Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners

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With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan. Also Read: Change.org Petition Attempts to Fight for…