China seizes 190 illegal miners disguised as EV charging station
Authorities in Guangzhou cracked down on the mining farm, which consumed over 90,000 kWh but managed to remain hidden by operating in an EV charging station.
Latest block reward mining News
Bitcoin mining and monopoly
Bitcoin mining under Proof-of-Work is less likely to result in a monopoly. On the other hand, Proof-of-Stake has natural gravitation toward forming a monopoly or a cartel.
CoinGeek Weekly Livestream: Bitping’s Dean Little dives into technical aspects of blockchain
In the latest installment of the CoinGeek Weekly Livestream, Bitping CEO Dean Little talks about building applications on the blockchain, how the tooling mechanism on BSV can be improved, and more.
Zhejiang province hikes energy costs for miners as China doubles down on sector
Despite a countrywide ban on block reward mining, Zhejiang has become the latest province to implement an electricity hike for miners to push them out.
Kazakhstan shuts down 13 illegal mining farms as energy shortage bites
The Ministry of Energy cracked down on the 13 illegal mining farms, which it claimed had been using a lot of energy and vowed to continue to clamp down on other illicit miners.
BSV Academy new book tackles profitable and sustainable Bitcoin mining
The BSV Academy's new ebook tackles everything from choosing an ASIC miner to how the climate and geopolitics of a location can impact a mining operation's sustainability and bottom line.
Bitcoin mining—the race to zero? Or race to efficiency?
This week, Jerry Chan focuses on the economics of the block reward mining industry, explaining why it is one of the most misunderstood aspects of the Bitcoin economy.
Kazakhstan wants to raise tax on block reward miners by 500%
The proposal by the Minister of Finance will also see miners pay a monthly tax on their mining rigs, whether they use them to mine or even if they’re not in operation.
The future economics of block reward mining
If producing a block consumes the same amount of energy across all chains, then the most energy-efficient chain is the one that can package the most data into a single block.
TAAL mines biggest Bitcoin block of all time at 3.8GB, makes 9.7 BSV in fees
The block, which was mined on February 6, had 188,101 transactions and collected 9.7 BSV in fees, coming just weeks after TAAL announced a max block size of 4GB.
ESMA vice chair seeks proof of work mining ban for European Union
The top executive suggests a proof of work (PoW) mining ban as well as a switch to proof of stake (PoS) mining, which he believes "has a significantly lower energy profile."
The economics of Bitcoin mining
Author ZeMing Gao created a chart-based technical analysis of the BTC and BSV block reward mining, comparing the networks' transaction fees, background, hash power, price, and more.