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BITCOIN PRICE: 6,395.43     HIGH: 6,424.16     LOW: 6,363.02

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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: AntPool

NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Category: Bitcoin, Business, Finance, Investment, Mining, News

NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Bitcoin mining company AntPool, owned by Bitmain, one of the largest manufacturers of mining rigs in the world, landed a sponsorship deal with professional U.S. basketball team the Houston Rockets, The South China Morning Post reported on September 24, 2018. Bitmain Sponsors NBA’s Houston Rockets Bitmain Technologies, the world’s biggest supplier of cryptocurrency mining equipment, is looking to help push…

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Bitmain’s Hashrate Steadily Reaching 51 Percent of Bitcoin Network, Already at 42 Percent

Category: Altcoins, Bitcoin, Blockchain, Business, Mining, News

Bitmain’s Hashrate Steadily Reaching 51 Percent of Bitcoin Network, Already at 42 Percent

Bitmain’s concerning hashrate dominance on the Bitcoin’s network reached a new high on June 24, 2018, after reports suggested it nearing the fatal 51 percent figure. Rising Concerns As per a report on Trustnodes, the Chinese mining equipment manufacturer controls over 42 percent of the network hashrate if data from June 2018 is considered. Bitmain-owned BTC.com and Antpool released statistics…

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The Saga Continues: AntPool Burns Bitcoin Cash, Allegedly to Artificially Inflate the Price

Category: Altcoins, Business, Commentary, News

The Saga Continues: AntPool Burns Bitcoin Cash, Allegedly to Artificially Inflate the Price

There seems to be no end in sight in the struggle for supremacy between Bitcoin and Bitcoin Cash. The price of bitcoin cash has steadily been on the increase over the past few days, and some critics have ascribed this increase to an underhanded form of “tokenomics.” Antpool Burns BCH for the Community Source: CoinGecko Antpool, one of the biggest…

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The World’s Biggest Mining Pool Mines a couple of Bitcoin Unlimited Blocks

Category: Bitcoin, Blockchain, News

The World’s Biggest Mining Pool Mines a couple of Bitcoin Unlimited Blocks

AntPool, the world’s biggest Bitcoin mining pool, finally makes its actions speak rather than its words. After complaining about the unsolved capacity problems, the pool mined a couple of Bitcoin Unlimited blocks. But the story is far from clear. You can say a lot of things about Jihan Wu; as the co-founder of BitMain, the world’s most important manufacturer of…

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