Bitmain Founder Jihan Wu: A Most Important Man in Crypto

He’s not flashy. He doesn’t post photographs of himself aboard yachts, arm-in-arm with scantily-clad groupies. A safe bet would be to assume he doesn’t own a sharkskin suit. Instead, his preference seems to be in the background, slightly obscured, faded almost. And yet he is arguably the most important man in cryptocurrency right now, and … Read more

SHA-256 Mining Hashrate Climbs Significantly in One Year

Over the last year, SHA-256 mining, the process that’s used to find blocks on both the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, alongside a slew of other cryptocurrencies, has grown exponentially. Digital asset trading markets have been in a slump over the last eight months of 2018, but the bearish sentiment has not … Read more

The Anonymous Bitcoin.org Owner Accuses BTC Mining Pools of Centralization

There’s been a lot of controversy over the past few weeks stemming from the anonymous Twitter handle and co-owner of Bitcoin.org, ‘Cobra Bitcoin.’ The well-known BTC community member has been at the forefront of contentious subjects for many years now, and this week Cobra is claiming that one man has control of more than 51 … Read more

BCH Miners Discuss Funding Development With a Fraction of Block Rewards

On May 19 a group of Bitcoin Cash (BCH) miners met after the Coingeek Conference in Hong Kong to discuss a new proposal which would fund BCH development and professional programmers who work on the protocol. The funding would stem from a portion of the miners block reward, and attendees discussed donating between 1-5 percent … Read more

Bitcoin Miners Unaffected by Price Decline — Hashrates Spiked Exponentially

Despite the multitude of headlines declaring that bitcoin mining was becoming unprofitable over the last four months, the hashrate between both Bitcoin Core (BTC) and Bitcoin Cash (BCH) networks has exploded. At the moment both SHA-256 proof-of-work (POW) powered protocols have been maintaining more than 35 exahash per second, becoming one of the most powerful … Read more

Markets Update: Bitcoin Cash Prices Up Over 60% This Week

The price of Bitcoin (BCH) has spiked considerably over the past two weeks as the decentralized cryptocurrency’s market has just captured a $20Bn capitalization. The market value of BCH is currently hovering around $1,250 per coin and the digital asset commands close to $1Bn in trades over the past 24-hours. Also read: ‘Coindaddy’ Another Crypto-Rapper Rhymes … Read more

Antpool Doubles Down on Bitcoin Cash Support by Burning Mining Pool Earnings

There are always interesting developments taking place behind the scenes in the cryptocurrency industry. Antpool has been engaging in some rather unusual behavior as of late, although there is a clear plan to take into account. With the mining pool burning BCH by sending mining fees to an unspendable address, the team is heading in an intriguing … Read more

Antpool Begins Burning BCH Network Fees Increasing Digital Scarcity

On Friday, April 20th the mining operation Antpool explained that the public may have recently noticed a fraction of bitcoin cash being sent to an unspendable address every time Antpool mines a block. Antpool says that it is burning the funds sent to the “black hole address” voluntarily for the good of the BCH economy. … Read more

BCH Markets & Infrastructure Roundup: Optimism in the Air

This week bitcoin cash (BCH) prices touched a low of $850 per coin, after following suit with the majority of other digital assets taking losses over the past five days. The price started to reverse yesterday evening and has climbed 11 percent in value touching $992 during the March 19 afternoon trading sessions (EDT). Also … Read more