Bitcoin mining fundamentals bullish

mining

Bitcoin’s price might be in a sideways consolidation phase, but Bitcoin mining fundamentals Bullish As Hashrate Hits ATH. The Bitcoin hashrate has just hit another all-time high, less than 8 weeks after the mining “capitulation” caused by the Bitcoin Halving. And the seven-day moving average of the Bitcoin hashrate has also just hit another all … Read more

Core Scientific invests in mining

Core

US mining firm Core Scientific has signed a deal with Chinese Bitcoin Mining Hardware specialist Bitmain to purchase 17,600 mining rigs. It’s believed that deal is the biggest acquisition of S19 Bitcoin miners by a single Bitcoin mining company. The deal will see Bitmain’s latest mining rigs: the Antminer S19 and S19 Pro range shipped … Read more

Monero mining malware in South America

monero

A major mining botnet issue discovered on the Monero (XMR) mining protocol with over 35,00 computer systems infected across Latin America. The botnet, known as Victory Gate, dates back to May 2019. It comes in three different variants, and was originally discovered by cybersecurity firm ESET. Since then, all three forms of malware have been … Read more

Is Cloud Mining Profitable?

So can cloud mining be profitable in 2020? Mining cryptocurrencies can be technical, especially setting up and maintaining your own mining rig. But there is an option, where the cost of buying the latest mining equipment and all the technical and hard work is handed over to someone else. The cost of laying out for … Read more