Blockchain 

Bitcoin Miners Turn Profitable | Good News for Cryptos?

One of the things that do not often come into the surface is the work done by Bitcoin miners when it comes to the overall cryptocurrency ecosystem. Miners are the ones who actually create the Bitcoin tokens and are given a reward for each completed block. Hence, when Bitcoin went through its downturn for the whole of 2018, it was a bad time for miners, and many had to wind up their operations. What’s Coming Ahead? However, when the remarkable bull run commenced earlier this year, it made for a…

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Blockchain 

Bitcoin Miners Diversifying from China to the US over Regulatory Concerns

Bitcoin miners in China are increasingly looking for diversification out of the country because of the anticipated crypto mining ban, the Chinese government’s thoughtful position regarding cryptocurrency, and the increasing pressure from the ongoing trade war with the US. Squire Mining to Host 41,000 ASICs Canadian-based blockchain firm Squire Mining, a leading miner in the world in terms of hashpower, has signed a letter of intent seeking to host more than 41,000 Bitcoin ASICs in the US. This move is part of an agreement with Kevin Turner-led Core Scientific, which…

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