Archive | mining pool

Morgan Stanley: Bitcoin Miners Will Only Profit When Price is Above $8,600

The key price point for Bitcoin mining profitability is $8,600, according to Morgan Stanley Equity Analyst Charlie Chan and his team. As per their simulation, if the coin can’t recover $8,600 soon, many Bitcoin miners will likely find it unprofitable to keep creating the cryptocurrency. Bitcoin Mining Profitability As of today, Bitcoin is trading at almost $8,250… […]

Hong Kong Fund Acquires Chinese Mining Powerhouse BTCC

On January 29 the longstanding Chinese bitcoin company BTCC has announced it was acquired by a Hong Kong-based investment fund. The company explains its pivoting away from China so the business can grow more “aggressively” in 2018. Also read: AIER Researchers: Bitcoin’s Price Moves with News A Hong Kong Investment Fund Acquires BTCC The company BTCC […]

Nicehash Mining Pool Allegedly Hacked — Accused of Losing 4449 BTC (US$60M)

According to reports circulating on the web, the mining pool Nicehash was hacked today for allegedly 4,449 BTC or US$60M at current prices. The Nicehash pool has confirmed the organization was breached but did not disclose how many bitcoins were stolen. Also read: Japan Increases Lead – Approves Another Four New Cryptocurrency Exchanges The Mining Pool […]

BTCC Founder Bobby Lee: “Segwit2x Feature Is an Upgrade”

This week Bobby Lee, the chief executive officer of the Chinese cryptocurrency exchange BTCC, held an Ask-Me-Anything (AMA) with bitcoin traders on the Reddit forum /r/bitcoinmarkets. During the AMA the conversation participants focused in on the Segwit2x hard fork set to activate on or around November 16. Also read: SPV Wallet Bread Lets Users Decide During […]

Multiple Mining Pools Suffer From Yiimp Hack

It has been a while since we last saw a major issue affecting cryptocurrency mining pools. It is not uncommon for one or two pools to experience issues at some point. In this case, however, a few different pools were impacted due to an issue with the mining software. Several altcoins are affected by this problem, including […]’s Mining Pool Registers Exponential Growth

Bitcoin mining is a very competitive industry as miners worldwide are verifying transactions while securing the network for economic incentives. takes mining seriously with its world-class mining pool as well as offering the best cloud mining contracts in the industry. In the last quarter alone in partnership with a large confidential North America-based […]

Viabtc Launching Bitcoin Cash Token and Mining Pool for Bitcoin ABC

Major mining pool and bitcoin exchange Viabtc has announced the launch of their new mining pool designed for “Bitcoin Cash” (BCC). These tokens are the result of plans to hard fork Bitcoin and run the Bitcoin ABC client. Also read: Segwit2x Beta Released and New UAHF Code Proposal `ABC´ Removes 1MB-Limit Viabtc Introduces the Bitcoin […] Partners with Kraken to Enable In-Wallet Bitcoin Buying

The company behind one of the largest mining pools and a popular Bitcoin wallet in China,, has partnered with the bitcoin exchange Kraken to allow users to buy bitcoin directly from within the wallet. Also read: Iphone Users Can Now Buy Bitcoins Directly Inside Breadwallet Buying Bitcoin Directly Inside BTC.Com Wallet offers a […]

Bitmain Tech Launches New Israeli Mining Pool

A new Israel-based mining pool owned by Bitmain Tech called ‘Connect BTC’ has recently joined the bitcoin ecosystem. The latest move by Bitmain marks the company’s first mining venture in the middle east. Also Read: Bitcoin Helps People Circumvent Economic Sanctions in Iran Bitmain Tech Launches New Israeli Mining Pool Connect BTC The Bitcoin mining […]

Bitfury vs F2Pool vs Antpool

There are quite a few bitcoin mining pools in existence, all of which play a critical role when it comes to solidifying the bitcoin network. Antpool, Bitfury, and F2Pool are some of the more prominent mining pools, as they have all been around for quite some time now. What makes these three pools so intriguing […]

ViaBTC Announces Support for Bitcoin Unlimited

Bitcoin Unlimited, the fork of Bitcoin blockchain is receiving a lot of support lately. Soon after mining pool announced its support to Bitcoin Unlimited, another mining pool, ViaBTC has followed suit. ViaBTC, which claimed itself to be the fifth largest Bitcoin mining pool on Twitter recently has allocated its full hashing power to mine […]