Coronavirus Controls in China Are Delaying Crypto Miner Deliveries, Firms Say – CoinDesk

Two leading manufacturers of crypto mining hardware notified customers their shipments would be delayed at least a week because of the coronavirus quarantine in China. This week MicroBT, Bitmain and Canaan notified customers the application-specific integrated circuits (ASICs) they ordered would not be immediately sent, as the Chinese government extended New Year holiday hours due […]

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Roger Ver’s Mining Pool Pulls Support for Bitcoin Cash Dev Fund Over Chain Split Threat – CoinDesk

Mining pool Bitcoin.com will not now support the controversial bitcoin cash development fund proposal without broader agreement from the community. In a blog post published earlier on Tuesday, Bitcoin.com said it would no longer back the existing plan for a dev fund unveiled last week by the CEO of mining pool BTC.TOP, Jiang Zhuoer. “Bitcoin.com […]

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Will Crypto Miners Break a Profit in 2020?

Bitcoin mining rewards’s next halving event is in May 2020. A typical boom-or-bust cycle comes around the halving period. It’s increasingly elusive for small scale and solo mining operations to sustain profits. Bitcoin’s mining rewards halving, which is expected to occur in May 2020, has long monopolized discussions about the digital asset’s valuation and the […]

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$14 Million Crypto Mining Trojan Hijacked Chinese Internet Cafes

An illegal crypto mining operation involves hijacking multiple internet cafes, bribery and some 100 million yuan in crypto. | Source: Shutterstock Fifteen Chinese individuals have reportedly been arrested for their involvement in an illegal cryptocurrency mining operation that hijacked the bandwidth of scores of internet cafes to mine approximately 100 million yuan (nearly $14 million) […]

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