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.
Alibaba to Stop Selling Crypto Mining Machines
The company said it was following Friday’s PBoC guidelines, but also taking note of global crypto regulation instability.
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 initially had stopped providing services to new Chinese users, but has expanded its suspension to all users.
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.
Inner Mongolia Seizes 10,100 Mining Rigs From Government Tech Park
The action comes days after China’s National Development and Reform Commission laid out its vision for eliminating crypto mining from the country.
China Tightens Crypto Mining Crackdown, Bans Trading
The country’s top regulators are not done with crypto.
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.”
Genesis Digital Assets Raises $431M for Expansion
Paradigm led the funding round, which included other venture heavyweights.
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."