Auto Added by WPeMatico

Ethereum Merge: What Does This Mean for Stakers and Miners (Chainalysis Report)

Ethereum, the world’s second-largest cryptocurrency, is all set to discard its energy-intensive proof-of-work consensus mechanism sometime next week. While ETH’s price could potentially decouple from other cryptocurrencies post Merge, staking…

Continue ReadingEthereum Merge: What Does This Mean for Stakers and Miners (Chainalysis Report)

Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million

The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain Antminer S19j Pro mining rigs for $28 million. Cleanspark expects…

Continue ReadingBitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million

Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge

While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to…

Continue ReadingPublicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge

Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge

Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September…

Continue ReadingEthereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge

Russian Arrested for Defrauding Buyers of Mining Hardware Worth Over $300,000

Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions…

Continue ReadingRussian Arrested for Defrauding Buyers of Mining Hardware Worth Over $300,000

The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price

$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price.

Continue ReadingThe Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price