Satoshi Nakamoto Blog

Category : Mining

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Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week

On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial...
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Bitcoin ASIC Miner Manufacturing Domination: Bitmain and Microbt Battle for Top Positions

On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex...
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Meet Mistcoin – The First Mineable SLP Token Implementation Launched on Bitcoin Cash

Bitcoin Cash proponents have been introduced to a new project built using the Simple Ledger Protocol (SLP) framework called mistcoin (MIST). The new token is...
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Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China

It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network...
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Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments

On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The...
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A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless

Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120...
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Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition

The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped...
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Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China

China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities...
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Rio Tinto apologises to traditional owners after blasting 46,000-year-old Aboriginal site | Business

Mining giant Rio Tinto has apologised to traditional owners in Western Australia’s north after destroying a significant Indigenous site dating back 46,000 years, saying it is...