In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereu...
Tag: Miners
Bitcoin Miners Continue Distribution, Bad Sign For The Rally?
On-chain shows Bitcoin miners have been in a phase of distribution recently, a sign that could prove to be bearish for the price of the crypto. Bitcoin Miner Reserve Observes Downtrend As Miners Look ...
Heatwave Causes Texas BTC Miners to Slow Down
There is a rapid heatwave spreading through the state of Texas. This means everybody’s air conditioning units are going to be on, and electricity is going to be short. As a result, crypto miners in th...
Here Is How Bitcoin Miners Pose A Threat To The Bitcoin Price Rally
Yesterday, the majority of the cryptocurrencies were flashing red as Bitcoin price lost its hold over the $23,000 mark. However, today, the flagship currency is not only trading above the $23k area bu...
Why Bitcoin Miners May Affect Ongoing BTC Rally?
The world’s largest cryptocurrency Bitcoin (BTC) has delivered a strong price pump moving closer to $25,000. As of press time, BTC is trading 3% up at a price of $24,678 with a market cap of $472 bill...
JPMorgan Mentioned That Ethereum Miners Are Mirroring A Sharp Change After Merge –
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Layer 1 Conflux Blockchain Changes Algorithm to Receive ETH Miners: Details
Tomiwabold Olajide Ethereum is expected to migrate from proof-of-work to proof-of-stake consensus As reported by Colin Wu, Layer 1 blockchain Conflux is setting itself up to receive Ethereum miners af...
Bitcoin miners close up shop as mining difficulty hits 5–month low
Bitcoin’s hash rate is the amount of computing power being contributed to the network by miners. By solving complex mathematical puzzles, advanced computers around the world help maintain the digital ...
Ethereum Miners Face an Abrupt Change Following the Merge
Ether (ETH) mining is popular because of its profitability, the bank said, and a shift to mining other cryptocurrencies could mean a hit to profits in the near term. In addition, the sudden influx of ...
Ethereum Proof-of-Work Fork (ETHPOW) Driven By Miners To Abolish EIP-1559
– Advertisement – EIP-1559 will be abolished in the Ethereum proof-of-work (PoW) fork. In a lengthy Twitter thread touted as the Ethereum PoW manifesto, the parties pushing for the Ether...
Bitcoin Miners Sold 5,700 BTC During July, New Report Finds
Per a report from Hash Rate Index, Bitcoin miners continued to sell their supply during July. These entities have been negatively impacted by the decline in the price of BTC, and an increase in their ...
Crypto Miners Have Seen Their Profits Plunge
The crypto winter is really wreaking havoc on crypto miners everywhere. While large scale miners are still doing “ok” in the general scope of things, those who have simply made mining a hobby and who ...
Arcane Research Reveals Next Step For Ethereum Miners As The Merge Inches Closer ⋆ ZyCrypto
Advertisement     Arcane research outlined some possible routes left for Ethereum miners as they face obsoletion with the coming Merge. According to Arcane, the miners...
Miners and ETH 2.0 – Where do they stand now
As we approach the Ethereum Merge, the crypto-community’s opinions have been more vocal than usual. The much-awaited ETH 2.0 will change the blockchain’s consensus mechanism to a Proof-of-Stake model,...
Ethereum Miners Accused of a Consensus Level Attack on Ethereum
Recently a research paper was published that could put Ethereum miners into trouble. Israel-based Hebrew University published a research paper consisting of discoveries of initial evidence about conse...
What Would Be The Ethereum Merge Impact On Cryptocurrency Miners
Miners of both Bitcoin and Ethereum are still thriving regardless of the crypto winter. The revenue generated by Ethereum miners surpasses that of Bitcoin miners, according to the 2022 record. The gro...
Ethereum Offshoots On Horizon As Crypto Miners Pushback
The already challenging shift that the Ethereum blockchain is slated to go through soon, is about to receive a monkey wrench. Ethereum is expected to undergo a major software upgrade called the Merge...
Researchers say they discovered consensus level attack on Ethereum — miners cheating the system to earn more
A research paper published by The Hebrew University in Israel reports having discovered the “first evidence of a consensus-level attack on a major cryptocurrency.” The paper is currently awaiting peer...
Antminer S19 XP dropped in a bid to swing crypto miners back into profit
With the Bitcoin (BTC) price moving at a very steady pace during the crypto winter, the return on investment (ROI) on a new mining device seems like a shot in the dark. But a mining expert explained t...
Will Miners Move To Ethereum Classic Impact Merge? Here’s What Vitalik Buterin Think
Ethereum’s co-founder Vitalik Buterin on Saturday said the Ethereum transition from proof-of-work (PoW) to proof-of-stake (PoS) is unlikely to be affected by miners moving to Ethereum Classic. Buterin...
What the Merge Means for Ethereum Miners
AntPool, the mining pool affiliated with mining rig giant Bitmain, for instance, last month announced that it had invested $10 million into development and apps for Ethereum Classic, while Ethermine, ...
Bitcoin Bulls Target $25K as Miners Hold A New Record of 1.856M BTC – crypto.news
Since Bitcoin closed above the $20,000 mark at the end of July, many investors are questioning if the price can sustain its recovery. Despite the lackluster performance, bulls are still in the driver’...
Despite Heat Wave, Bitcoin Miners Turn on Rigs As BTC Price Jumps
The recent price surge by Bitcoin over the last two weeks has forced BTC miners to turn on their rigs despite the ongoing heat wave in the west. Amid the Bitcoin price crossing $23,000, the BTC mining...
How Ethereum Merge Will Impact Crypto Miners?
Following Ethereum Merge, ETH miners could be faced with a loss of jobs. Meanwhile, Ethereum (ETH) miners have recorded higher revenue than Bitcoin (BTC) miners in 2022. Despite the devastating effect...
Justin Sun, Poloniex, Huobi Support Chandler Guo’s EthereumPoW Fork For Miners
The support for prominent crypto miner Chandler Guo’s EthereumPoW (ETHPoW) plan seems to be rising as Tron founder Justin Sun, crypto exchanges Poloniex, and Huobi have expressed support for the Ether...
Bitcoin miners now hold 1.856M BTC in 2-year high — new data
Bitcoin (BTC) miners now own more BTC than at any time since 2020 as the impact of the past months’ turbulence wears off. According to data from on-chain analytics firm CryptoQuant, miners’...
Will Bitcoin mining expansion be profitable for miners
The crypto market continued fluctuating this week. Consequently, the global crypto market capital noted just a 1.71% increase over the last day to reach $1.07 trillion, at the time of writing. Bitcoin...
What Bitcoin Miners Are Doing to Survive the Bear Market
Cryptocurrency miners have a lot of fixed costs, like power, real estate, and the souped-up computers, or rigs, that do the actual mining. That’s why it can be hell for their margins when the market t...
Why Are Ethereum Miners Worried About The Merge?
The upcoming Ethereum merge will switch the network consensus system into “proof of stake.” Here’s why miners are worried about it. Ethereum Miners Made $18 Billion In 2021, More Than Bitcoin Miners A...
Crypto Markets Bet Big on What’s Next For Ethereum Miners
Tokens powering GPU-mineable blockchains saw major price surges last month Blue-chip DeFi assets also saw a major resurgence as sentiment turns on centralized entities Crypto traders are betting on th...
Ethereum miners record a boom in earnings
For the third consecutive month, Ethereum miners’ earnings surpassed Bitcoin’s, reaching $571 million in July. Ethereum miners surpass those of Bitcoin Ethereum’s big rises over the past month, which ...