Tags : Pool

Regulation

Europe and U.S. may soon take the lead in Bitcoin

Jiang Zhuoer, the operator of major Chinese mining pool Lebit Mining, argued that the latest crackdown on crypto in the country would likely lead to miners relocating their activity to Europe and the U.S., as pointed out by journalist Colin Wu. “The worst case may be that large-scale mines are closed, and China’s Bitcoin mining […]Read More

Blockchain

In 61 days, Cardano will be completely in the hands

On Mar. 31, all of the blocks on the Cardano network will be produced by independent stake pool operators. IOHK, the company behind Cardano, will no longer participate in block production, making Cardano the only truly decentralized blockchain network on the market. T-61 days until Cardano becomes completely decentralized Decentralization has been one of the […]Read More

Bitcoin

Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 […]Read More