Bitcoin Halving Is Poised to Unleash Darwinism on Miners
Strong miners might be about to eat the weak ones as the reward for mining BTC gets cut in half, experts say.
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Bitcoin Mining
Strong miners might be about to eat the weak ones as the reward for mining BTC gets cut in half, experts say.
The findings have an echo of De Vries’ previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining.
The startup said it created “only non-custodial” mining pool where miners get the new bitcoin block reward for mining directly from the network.
After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project’s co-founder.
Crypto lender Celsius will transition to a new company that focuses only on Bitcoin mining, a shift from an earlier reorganization plan that included a focus on staking too.
The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year.
The 280 Kilowatt (kW) pilot project in Utah is already operational.
The miner is adding Fidelity to diversify its bitcoin (BTC) custody.
(Tabrez Syed/Unsplash)
An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining.