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Mining
Chinese Ethereum Mining Pool BeePool to Shut Down Following Crypto Ban
"The Hash" team discusses the latest blow to the mining community, suggesting the outlook for global mining operations. China-based BeePool, the world's fourth-largest Ethereum mining pool by processing power, or hashrate, which halted registrations for new users and new subsidiary accounts for existing users, will suspend all services to miners beginning Oct. 15 at 15:59 UTC (11:59 a.m. ET). This follows SparkPool, another top Chinese Ethereum mining pool, suspending operations.
China Fallout Hits Mining, Korea Digital Custody Competition Heats Up
Alibaba bans sale of crypto mining equipment. Mining rigs seized in Inner Mongolia. Korea’s NH Nonghyup bank jumps into digital custody. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Chinese Ethereum Mining Pool SparkPool to Halt All Services Due to Crackdown
The world’s second-largest Ethereum mining pool, SparkPool, which initially stopped providing services to new Chinese users, has now expanded its suspension to all users by Sept. 30 following China's tightened crackdown on cryptocurrencies. "The Hash" panel discusses the outlook for mining operations in China and the wider repercussions of the country's most comprehensive crypto ban to date.
Compass Mining CEO on the Launch of ‘At-Home’ Mining
Whit Gibbs, CEO of bitcoin mining firm Compass Mining, shares insights into the launch of the “At-Home” mining program. He also addresses increasing mining difficulty, saying, “we likely will see this continuation of difficulty in hashrate increases for the foreseeable future.”
Canaan Reports Record Revenues, Korea Says No to Crypto Tax Delay
Cryptocurrency mining hardware manufacturer Canaan reports record revenues. South Korea’s finance minister says no to crypto tax delay. NFT platform OpenSea admits insider trading. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Província de Hebei, na China, lança repressão à mineração e negociação de Cripto
A província do norte da China monitorará regularmente os sistemas de TI para detectar atividades de mineração de Cripto .
What Caused This Week's Flash Crash?
The Week in Review panel for "All About Bitcoin" discusses the potential catalyst for this week's crypto markets flash crash. Plus, taking a look at this past week's stories making waves in the cryptocurrency space: BTC mining difficulty is recovering, node adoption for Taproot has gone over 50%, and the SEC is cracking down on Coinbase.
Bitmain to Send 56,000 Antminers to US State of Georgia Under ISW Deal
Chinese mining rig maker Bitmain will send 56,000 Antminers to the U.S. state of Georgia under a deal with ISW Holdings and Bit5ive. ISW plans its Georgia facility to run at 200 megawatts by October 2022, which will cost $62 million. "The Hash" squad discusses the latest move signaling the great migration of Chinese miners out of China, and what it could reveal about the future of the North American mining landscape.
Korea Crypto Damage Assessed, Initium’s News-Based NFTs Sells Out
South Korea’s crypto regulation damage is assessed. Initium media’s news-based NFT collection sells out. China’s Bitmain seals crypto mining deal with ISW Holdings. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Eden Network Raises $17.4M to Shield Ethereum Users From Malicious Miners
Priority transaction network Eden has reportedly raised $17.4 million in a seed funding round led by Multicoin Capital that will help the project fight the menace of miner extractable value (MEV) or the measure of profits miners can make by capriciously reordering transactions within blocks they produce.