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Monday, January 25, 2021

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The founder of Filecoin denies that miners are on strike

Filecoin launched its mainnet last week, but ever since then, its top miners have allegedly been on strike. Now, Filecoin's founder responded to such claims,...

Ethereum miners are still in profit, here’s why this matters

Ethereum miners were enjoying the current market condition after the launch of Uniswap’s governance token, UNI. The launch drove the gas cost on the...

Dissatisfied miners in China want to fork Filecoin

Multiple mining groups in China have announced that they will fork Filecoin’s blockchain as they claimed to be dissatisfied with mining rewards, according to...

Bitcoin’s faltering price ties miners in a series of knots

The Times, They are a-Changin…. The same is also true for Bitcoin and the rest of the crypto-market. The world’s largest cryptocurrency has been facing...

Ethereum’ Miners and traders have a different story to tell

Ethereum noted a substantial spike in its value on 1 September as the crypto market rallied. The value of the second-largest cryptocurrency increased from...

Malaysian authorities arrest crypto miners for $600K power theft

Officials in the Malaysian state of Johor shut down two crypto operations which had stolen more than $600,000 worth of electricity over three years.  According...

Daemon Technologies offers Asian miners new way to earn Bitcoin

Daemon Technologies, a firm based in Hong Kong, will now drive the adoption of Stacks technology to support cryptocurrency mining communities in Asia according...

No more cheap electricity for Inner Mongolian crypto miners, officials say

Officials from Inner Mongolia are mulling an electrical policy that would prevent cryptocurrency miners from using inexpensive, state-subsidized electricity. Per the Inner Mongolia Electric Power...

Miners on Decentralised Storage Network Compete For 4 Million Token Prize

Filecoin, a blockchain-based decentralized storage project, is officially launching its testnet- Space Race to test out the network before the mainnet launch. As promised, Filecoin...

Ethereum Miners Against Proposal to Reduce Block Rewards by 75%

A new Ethereum improvement proposal (EIP) has been met with sharp criticism from miners suggesting those behind the proposal are less interested in the...
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