123 Search Results for chinese miners

  • Japan

    Report: The Biggest Crypto Bears Are Selfish Chinese Miners

    Many have been wondering which group represents the majority of crypto bears recently as prices keep plummeting. Those that got into crypto within the last year have likely fled the scene with tails between their legs and burnt fingers. That leaves long term hodlers, institutional investors, and Chinese...

    Martin Young | December 7, 2018 | 12:00 pm
  • Chinese Mining Pools Collusion Hard Fork

    Chinese Miners Allegedly Planning to Hard Fork Bitcoin

    For those people who assumed the Bitcoin block size debate was settled once and for all, bust open the popcorn yet again. Chinese mining pools are colluding to hard fork and support 2MB blocks. In doing so, they would go against everything Bitcoin Core has been working on...

    newsbtc | July 1, 2016 | 9:30 am
  • Bitcoin miner unprofitable cartoon NewsBtc

    Chinese Bitcoin Miners Migrate to Sichuan Province

    Bitcoin mining is an energy intensive process. The sheer hashing power required for profitable mining has got miners looking for the best mining equipment out there. While an investment in the mining equipment is a one-time affair, operating it is a different story altogether. Rows of mining equipment...

    Gautham | February 24, 2017 | 1:00 pm
  • Chinese Bitcoin Miners Support Increasing Blockchain Limit

    Chinese Bitcoin Miners Support Increasing Blockchain Limit

    The need to increase the blockchain limit has been an ongoing debate these days, as the current size limits the network’s capacity to verify transactions. At the moment, the protocol restricts the size to 1MB for every block mined on the network, making it too long to complete....

    newsbtc | June 17, 2015 | 11:00 pm
  • Bitcoin

    Bitmain’s Struggle is Real But Analyst Says Crypto Miners are Fine

    Just in the past two months, Bitmain has fired more than half of its staff, has closed an entire office in Tel Aviv, has shuffled top management, and removed two of its chief operations officers. And today, the Chinese bitcoin mining giant decided that it would close another...

    Davit Babayan | January 14, 2019 | 12:26 pm
  • Bitcoin

    US Mining CEO: Bitcoin Miners Are Being Flushed Out of the Market

    The CEO of one of the largest cryptocurrency mining firms in North America says miners are being flushed out of the market after Bitcoin’s latest price drop. Bitcoin Mining No Longer Profitable, Miners Exiting En Masse While November has typically been among the most profitable months for Bitcoin...

    Tony Spilotro | December 3, 2018 | 9:15 pm
  • Coincheck E-Net Bitcoin Electricity Bill

    Chinese Bitcoin Mining Centers Fear Electricity Cuts as Compliance Issues Loom

    Having banned the exchanges where cryptocurrencies like Bitcoin are traded, the Chinese government is now cracking down on the plants where such currencies are mined. The Yingjiang Administration Bureau for Industry and Commerce, which enforces enterprises and consumer protection laws, issued a notification to the Bitcoin mining facilities...

    Davit Babayan | November 13, 2018 | 10:00 am
  • NewsbTC ConnectBTC Mining Pool

    Trump’s Trade Tariffs on Chinese Imports to Hit Mining Manufacturers Hard

    President Trump’s trade tariffs will likely cause a major dint in the profitability of Chinese companies producing cryptocurrency mining hardware. Of the three mining giants based in China, Beijing’s infamous Bitmain is expected to be the worst hit since they rely most heavily on overseas sales. As Trump’s...

    Rick D. | October 16, 2018 | 9:30 pm
  • Cryptojacking

    Chinese Authorities Arrest Twenty Individuals Involved in Cryptojacking Scam

    Twenty individuals have been arrested in connection with a huge cryptojacking scam in the Shandong province of China. Those involved are thought to have successfully hijacked 3.89 million personal computers since 2015. Massive Chinese Cryptojacking Scam Uncovered It’s estimated that the cryptojacking scam netted those involved more than...

    Rick D. | July 10, 2018 | 7:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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