Top Stories, Price Movements, Quotes and FUD of the week

Top Stories This Week CEO of Defunct Mt. Gox Exchanges Faces Ten Year Jail Sentence Over Embezzlement Mark Karpeles, the former CEO of now-defunct Japanese Bitcoin exchange Mt. Gox, could be facing a ten-year jail sentence over charges of embezzlement. Karpeles, who headed the exchange during the major hack in 2014 that resulted in the […]

Chatter Report: Zhuoer Claims BSV Block Created ‘Accidentally’, Falkvinge Likens Code Review to ‘Legislation’

News In today’s chatter report, Calvin Ayre eagerly welcomes Jiang Zhuoer to mine on BSV but then quickly changes his mind. Zhuoer reveals that btc.top created a BSV block by accident and Rick Falkvinge calls for code changes to be reviewed in the same manner as legislation.  Also Read: Linkedin Names ‘Blockchain Developer’ Top Emerging […]

Gaming Hardware Firm Razer Launches Token-Based Loyalty System and Desktop Miner

United States-based gaming hardware manufacturer Razer has redesigned its native virtual currencies and loyalty system and launched a desktop mining app, according to a blog post published on Dec. 12. Founded in 2005, Razer has become a leading gaming hardware and software manufacturer in the U.S., Europe, and China. The company’s software platform reportedly has […]

Calling All Gamers: Razer Wants You to Mine Cryptocurrency Using Idle GPUs

Razer, the multi-billion-dollar gaming equipment manufacturer, released a new program that allows gamers to easily utilize their idle GPUs to mine cryptocurrency. The catch to this seemingly simple program, however, is that users don’t actually get to keep the cryptocurrency they mine. Razer Releases Cryptocurrency Mining Software Called SoftMiner The new program, called SoftMiner, allows […]

Only Five Bitcoin Mining Devices Released in 2018 Are Profitable This December

Mining There has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet. Also read: Federal Agents Told This […]

Bitmain Shuts Down Research and Development Center in Israel

Mining The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development center in Ra’anana, Israel. Also Read: Former Israeli Prime Minister Calls Cryptocurrencies a ‘Ponzi Scheme’ Bitmaintech Israel Closes Down According to reports from Israel, Bitmain’s […]

The Daily: Virtual Land Auction Goes Live, How the Crypto Crash Affects Miners

The Daily From mining virtual currencies to purchasing virtual land, Monday’s episode of The Daily spans very different regions of the cryptosphere. We begin with an examination of how the latest bitcoin crash has affected miners, and then follow up with a look at the second Decentraland virtual land auction, which commences at 10 a.m. […]

More Chinese Miners Selling Short Following Crypto Market Slump

Chinese miners are reportedly becoming the biggest short sellers both locally and internationally, following an increased number of hedging operations in the current bear market, Chinese crypto outlet 8BTC reported Thursday, Dec. 6. The severe cryptocurrency market decline in the last month has reportedly caused new generation miners to start hedging their coins to avoid […]

Video Demonstrates Double Spending Possibility in Bitcoin Cash SV ‘0-Conf’ Transactions

Bitcoin Cash SV (BSV), a new fork of Bitcoin Cash (BTC), faced new controversy on Dec. 8 after a researcher reportedly showed how any user could spend the same coins twice on its network in a “0-conf transaction.” Bitcoin Cash, which was created in a hard fork from Bitcoin (BTC) in August 2017, uses 0-conf […]

Report: The Biggest Crypto Bears Are Selfish Chinese Miners

Many have been wondering which group represents the majority of crypto bears recently as prices keep plummeting. Those that got into crypto within the last year have likely fled the scene with tails between their legs and burnt fingers. That leaves long term hodlers, institutional investors, and Chinese crypto miners. Chinese Miners Playing the Short […]