Bitcoin miners’ fee income in October rose 63%
Last month, Bitcoin miners earned $42.9 million from transaction fees. Compared with September, this figure rose 63%.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Bitcoin miners’ fee income in October rose 63%
Last month, Bitcoin miners earned $42.9 million from transaction fees. Compared with September, this figure rose 63%.
Bitcoin network records largest difficulty drop since 2011
As a result of another adjustment, Bitcoin mining difficulty fell by 16.05%, according to data from BTC.com.
Illegal mining farms discovered at Italian airport
In the facilities of the airport in the Italian city of Lamezia-Terme, law enforcement officers discovered illegal Ethereum mining farms (ETH), according to Rai News.
Abkhazia uncovers 100 illegally imported mining rigs
The Department for the Fight Against Smuggling and Customs Violations of the State Customs Committee of Abkhazia detected 100 units of cryptocurrency mining equipment imported in violation of the rules. This was reported on the agency's website.
New York financial regulator calls on miners to consider climate change
The New York State Department of Financial Services (NYDFS) has asked crypto and other regulated firms to assess financial risks related to climate change. CoinDesk reports.
Nasdaq-listed Bit Digital mined more than $10 million worth of Bitcoin in the first half of 2020
Nasdaq-listed Bit Digital mined bitcoins worth more than $10 million in the first half of 2020. The report on this was received by the U.S. Securities and Exchange Commission (SEC).
Three former police officers jailed for five years over seized mining equipment
Former police officers from Vyazemsky District, Smolensk Oblast, were found guilty of abuse of power and official forgery. Interfax reports, citing law enforcement authorities.
Arcane Research: China’s dominance in Bitcoin mining is steadily shrinking
The share of Chinese miners in Bitcoin's hash rate is shrinking as computing power grows in other countries, including the United States and Kazakhstan, analysts at Arcane Research noted.
Bitcoin hash rate falls sharply as Sichuan’s rainy season ends
According to BitinfoCharts, since October 24 the Bitcoin hash rate has fallen by about 27% — from 148.8 EH/s to 108.9 EH/s. Experts linked the significant drop to the seasonal migration of miners in China.
Authorities in Buryatia approve construction of a mining centre
A large data centre for Bitcoin mining will be built in Buryatia. The decree was signed by the republic's head Aleksey Tsydenov, local media report.We use cookies to improve the quality of our service.
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