Bitcoin Mining Firm Bitfarms Lays Off Staff Due to Coronavirus Pandemic
HighlightsBitfarms - Publicly traded crypto miner cuts staff.Permanent measures to decrease overhead effects.Bitfarms CFO John Rim said, "Once fully implemented…
Browsing Tag
mining
What is Double Spend Problem?
What does actually miner do?Miner just picks some unconfirmed transactions from the mempool and uses the hash of the previous block and tries to find out some…
Bitcoin Mining Activity Will Again Accelerate as Chinese Hardware Makers Shake off Corona…
Instant glanceOn March 10, the difficulty rate of bitcoin mining is anticipated to be increased by 2%The emergence of coronavirus has temporarily resulted…
New York Power Plants Mines $50,000 Bitcoin Daily
To enhance profitability turnover, New York power plant started as bitcoin mining. Bloomberg reportedon 5 March, New York power plant set up at finger lakes region…
Chinese Crypto Miners Stops Operation Due to The Major Coronavirus Outbreak
Due to the recent Corona Virus outbreak in
China, to further reduce the chances of widespread infection the government has
taken a series of protective measures to…
