Category Archives: newsbtc

Slushpool Overtakes AntPool to Become the Largest Bitcoin Mining Pool

Some interesting changes are happening in the world of Bitcoin mining pools. With the hashrate dropping in favor of BCH, rankings of pools are shaken up as well. Slushpool is now the biggest Bitcoin mining operation open to the public. They generate over 20% of all blocks, which puts them… Read more »

Coinsilium signs Memorandum of Understanding (“MoU”) with UMT United Mobility Technology AG

Coinsilium Group Limited (NEX:COIN), the blockchain venture builder and investor that finances and manages the development of early-stage blockchain technology companies, is pleased to announce that it has signed a Memorandum of Understanding with UMT United Mobility Technology AG (“UMT”), a German company listed on XETRA, a trading venue operated… Read more »

What the Fork is Going On: A Small Talk on Upcoming Bitcoin Fork

Bitcoin seems to have more forks than an Italian restaurant at the moment, each one spurring another blockchain and another version of the digital currency. Last week was the Bitcoin Gold fork, before that there was Bitcoin Cash, and next month an even bigger fork awaits the world’s most popular… Read more »

Most Bitcoin Cash Holders Spends Funds Within Six Hours of Receiving it

Now that Bitcoin Cash has been around for a while, the first statistics have come to light. An analysis by Chainalysis paints a pretty interesting picture for BCH. Most of the transaction volume comes from now coins. A lot of BCH is spent within six hours of being held. Not… Read more »

Could Crypto Mining Provide a Low Cost Heating Solution? These Two Inventors Think So – NEWSBTC

People living in colder countries will know the dread of the heating bill’s arrival all-too-well. However, two enterprising men from Siberia have figured out a way to not only heat their home for free but to actually make money out of it. Using the heat generated from cryptocurrency miners, the… Read more »

Malicious Actors Hack Android Apps to Mine Cryptocurrencies

With Bitcoin price at an all-time high, a seemingly unquenchable thirst for cryptocurrencies brings a dark side to the industry. Researchers this week discovered hidden code that secretly mines coins on Android devices from apps in Google Play. Security Company Trend Micro revealed in a blog post on Monday that… Read more »

Arkansas to Tackle Cyber Crime by Mining Bitcoin – NEWSBTC

The Benton County sheriff’s office in Arkansas aims to pilot a new program to help tackle cyber criminals. Part of its Cyber Crimes Division, the primary target of the operation will be purveyors of child pornography, and those using the dark web to prey on vulnerable young people. As part… Read more »

: First blockchain to use proof-of-edit-distance (PoED), the Block Collider joins Cofound.it seed program

The Block Collider is the first blockchain to be built on the Financial Information eXchange (FIX) protocol which is used by hedge funds to conduct high-frequency trading. The team, ex-quants have developed a high-speed trans-blockchain cryptocurrency called Emblems which when coupled with a new mining algorithm called “proof-of-edit-distance” (PoED) which… Read more »

: First blockchain to use proof-of-edit-distance (PoED), the Block Collider joins Cofound.it seed program

The Block Collider is the first blockchain to be built on the Financial Information eXchange (FIX) protocol which is used by hedge funds to conduct high-frequency trading. The team, ex-quants have developed a high-speed trans-blockchain cryptocurrency called Emblems which when coupled with a new mining algorithm called “proof-of-edit-distance” (PoED) which… Read more »

Central Bank of Kazakhstan Wants to Restrict Cryptocurrency Exchanges and Mining Operations

Every country in the world is pondering over the Bitcoin problem. That isn’t a big surprise as this cryptocurrency can’t be ignored any longer. In Kazakhstan, the government and central bank aren’t exactly open-minded. In fact, it seems the goal is to introduce a rather harsh stance regarding exchanges and… Read more »