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How Bitcoin Miners Could Lose Revenue In An Attack

Apr 20, 2017

Internet routing attacks (such as BGP hijacks) and malicious Internet Service Providers (ISP) can reduce miners’ revenue and expose their networks to double spending, a study that argues for encrypting Bitcoin traffic or traffic exchanged among miners has shown. Put together by Mari...

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ViaBTC Raises ¥20 Million in Series-A for New Exchange Business

Apr 7, 2017

ViaBTC, the world’s TOP5 Bitcoin mining pool, announced that it has closed series A funding of 20 million CNY. The investment was led by Bitmain, a leading manufacturer of bitcoin mining hardware and saw participation of private investors “who are not ready to reveal themselves now.”...

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As Litecoin Rises, Creator Talks ASIC, SegWit, and Why Mining Should Be Anonymous

Apr 6, 2017

While discussing some of the issues pertinent to the success of Litecoin at a presentation for Coinbase last week, its creator hints that it is unfortunate that ASIC mining is a bit centralized with a lot in China and notes a major reason why he thinks this is bad for the industry. Char...

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F2Pool, why not pick a side?

Mar 30, 2017

Many had wanted Wang Chun to start signalling for the activation of SegWit especially in the wake of the recent showdown between the Bitcoin Core and Bitcoin Unlimited developers. The man known to be the face of F2Pool - the second largest mining pool controlling about 12% of the min...

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Communication is key not to risk privatising Bitcoin network, Bitcoin Foundation head reiterates

Mar 27, 2017

As Virgilio Lizardo Jr., the Vice President of International Affairs at Bitbank Group earlier noted in an interview with 8btc.com, a lack of proper communication between Bitcoin stakeholders has again popped up as a key factor that could have changed the course of the lingering debate on ...

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Why CANOEPOOL supports bitcoin unlimited?

Feb 27, 2017

Chinese Twitter account cnLedger revealed recently that a new mining pool by the name of CANOE was online. The pool was attracting much attention in China for signaling the Bitcoin Unlimited (BU) software client, which adds to another mining pool supporting BU. As the person in...

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Miners deep inside China’s Western desolate mountains

Feb 23, 2017

For ordinary people, Bitcoin is rather mysterious and technology-related. For amateurs, it will surprise them that mining plants are now scattered in remote places like mountains in southwestern region and dessert in the northern China. Wu guanggeng, the COO of Haobtc said there are mor...

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PandaMiner B1+ the world’s first GPU-integrated cryptocurrency miner

Dec 29, 2016

PandaMiner is a new player in the cryptocurrency hardware manufacturing industry. Based in Shenzhen, PandaMiner has access to the world’s most developed electronic products manufacturing base. Aiming to take a share in the cryptocurrency mining market, PandaMiner was founded in 2016 by a n...

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Illegal Bitcoin mining farm cracked down by Chinese police

Dec 14, 2016

According to a report by Xin’an Evening , a Bitcoin mining farm was cracked down by local police force in Bengbu, Anhui Province. The local electric power company lost around 1,000 RMB a day for the past 6 months. 50 Bitcoin ASIC miners detained by local police in Anhui Provi...

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14nm Miner by China NEEQ-listed Company to Escalate Arms Race

Dec 7, 2016

On 4th December, Ebang Communication, a Hangzhou-based company, kicks off  sales of 5000 units of 14nm Bitcoin miners from stock. With 6.3T/S hashrate per unit, the batch would amount to another 30P+ to the current 2,170P network as of 7th December. The Ebit or E9 miner is based on ...