Cryptocurrency News
In 2021, Elon Musk announced that Tesla would stop accepting Bitcoin payments due to concerns about the environmental impact of Bitcoin mining. However, he also said that Tesla would resume accepting Bitcoin payments once mining becomes approximately 50% sustainable. This is inaccurate. Tesla only sold ~10% of holdings to confirm […]
Bitcoin miners play a crucial role in the cryptocurrency ecosystem, as they validate transactions and secure the network. Their activities often have a significant impact on the Bitcoin market, particularly when they send their Bitcoin profits to exchanges. The recent observation of miners recording extremely high exchange interaction, sending an […]
The rising interest from countries in Bitcoin adoption and the role of Bitcoin mining in this trend can be seen through the example of Russia’s Ministry of Energy pushing for the legalization of industrial crypto mining. This development highlights the growing recognition of the economic potential and significance of cryptocurrencies, […]
Cryptocurrency mining has revolutionized the way digital transactions are processed and secured. It involves the use of powerful computer systems to validate and record transactions on a blockchain network. While the process offers lucrative rewards, it also comes with its fair share of challenges. The Mining Process The mining process […]
The values of Bitcoin and Ethereum have remained static for the previous day after displaying some life on Monday. The good news is that BTC and ETH trading volume is still rather high, which may point to a potential bull run later in the week. Let’s examine recent news that […]
As was somewhat to be expected, the recent block reward halving has an impact on the Bitcoin miners. All major pools are losing hashrate rapidly, although it is expected that things will return to normal fairly soon. When the Bitcoin block reward halved, profitability of mining operations took a hit. […]
It takes more than owning the latest mining hardware in the market to run a profitable crypto mining business. Instead, you need to condition all your mining resources towards achieving an optimized output. This is where crypto mining software enters the fray. Mining software platforms are systems designed for the […]
The mining of privacy coins has always been rather interesting. Xmrig, one of the mining tools for Monero, now has built-in Tor support. For a privacy-oriented digital asset, embedding any level of privacy is crucial. Mining XMR Over Tor Whereas most tend to stick with Tor and never look further, […]
The Swiss Asian Resources was created out of a professional obligation to identify a reliable strategic counterpart in the complex world of the global mining industry. Even from the debut, the Blue Hill Foundation set out with a marvelous goal to accomplish, which is to initiate, develop and implement a […]
The Bitcoin network hashrate always tells an interesting story. Over the course of the weekend, a new all-time high has been reached once again. It is evident that the global interest in mining Bitcoin isn’t slowing down just yet. The Bitcoin Hashrate Continues to Surprise If anything, it only increases […]
Interpol continues to crack down on criminal activity involving cryptocurrencies. Primarily the cryptojacking threat remains very problematic, and further scrutiny is warranted. Cryptojacking has been a major threat for several years now. Interpol Shuts Down Another Cryptojacking Threat Criminals favor this approach as a way to mine cryptocurrencies using other […]
The network hashrate of any cryptocurrency can tell an interesting tale. In the case of Ethereum, the hashrate is certainly on the decline as of late, albeit a bounce could be imminent. When looking at the ethereum hashrate chart, a worrisome trend becomes apparent. The Ethereum Hashrate Struggle Continues Just […]
As the year almost comes to a close, there could be some interesting Bitcoin action in the weeks ahead. If the network hashrate is any indication, that activity might not necessarily be positive. In the past few months, the overall Bitcoin hashrate has seen many ups and downs. Highs and […]
A lot of information can be garnered from looking at any cryptocurrency’s network hashrate. In the case of Bitcoin, the opinions regarding this matter have been well-documented over the past few years. Litecoin, on the other hand, has noted a very significant drop in mining power over the past few […]
These days are quite interesting for the cryptocurrency industry, even if the prices aren’t necessarily heading where most people would like. That situation can always change without too many problems, but it remains to be seen how things will evolve. As far as the Bitcoin hashrate is concerned, it seems […]
These are very interesting times for Bitcoin and all other cryptocurrencies on the market. When looking beyond the wild and somewhat entertaining price swings, it seems another statistic is worth paying attention to. The Bitcoin mining difficulty has reached a new all-time high following a major 11.26% increase. An intriguing […]
Miners have been attributed to much of the price decline from the US$6,000 range, and they may very well be responsible. When miners flocked to Bitcoin Cash before the SV fork to chase double rewards, Bitcoin started to tumble. As prices continued to drop, so did the number of miners […]
In the world of cryptocurrency mining, profitability is often very difficult to achieve. Not just because it is so difficult to find anything profitable to mine, but also because of the falling prices. Bitcoin’s recent drop has caused an interesting shift in terms of SHA-256 profitability, although it seems evident […]