Tagantpool

Did This Bitcoin Mining Pool Just Try to Create Coins Out of Thin Air?

bitcoin money laundering

As if 2019 hasn’t been crazy enough, earlier today someone seemingly tried to counterfeit an entire Bitcoin block. Bitcoin had an invalid block at height 584,802, as spotted by @juscamarena All 8 nodes at identified the block as invalid: Bitcoin Core 0.18.0Bitcoin Core 0.17.1Bitcoin Core 0.16.2Bitcoin Core 0.10.3bcoinBitcoin Knots 0.14.2btcdLibbitcoin pic.twitter.com/p5WKJ5rO0t — BitMEX...

Bitcoin Mining Pool AntPool to Sponsor NBA's Houston Rockets

Houston Rockets James Harden Bitmain AntPool

One of the world’s largest cryptocurrency and bitcoin mining companies, Bitman’s Antpool, has entered into a sponsorship agreement with popular NBA team Houston Rockets. A Step Towards Expansion The partnership signed by both outfits is for the 2018-2019 professional season and will stand out as one of the significant moves by the China-based company towards achieving its expansion goals into the...

Banks Could Engage in Competitive Misconduct to Keep Users From Bitcoin: EU Report

eu, etias

A report has been published on the current fintech market at the request of the ECON Committee. It analyses competition issues in the sector and cryptocurrencies were featured in it. The European Parliament Committee on Economic and Monetary Affairs, also known as ECON, is a committee overseeing the decisions made by the European Central Bank (ECB). At its request, the Police Department for...

Bitmain Is Now One of the 21 Entities Processing EOS Transactions

eos price

Controversial cryptocurrency company Bitmain has become one of the 21 entities processing transactions on the nascent EOS network. The China-based firm, best known for producing cryptocurrency mining hardware and supporting a big-block approach to Bitcoin scaling, on Tuesday received a sufficient number of votes to become an active EOS block producer, which allows it to receive compensation for...

Bitmain's Mining Pools Now Control Nearly 51 Percent of the Bitcoin Hashrate

asic miner

Bitcoin mining pools controlled by China-based industry giant Bitmain now account for more than 40 percent of the total Bitcoin hashrate, raising new concerns about miner centralization. Bitmain Hashrate Inches Toward 51 Percent According to data from CoinDance, bitcoin mining pools BTC.com and Antpool have mined 25.5 percent and 16.5 percent, respectively, of all bitcoin blocks over the past...

Bitmain Will 'Burn' 12% of Bitcoin Cash Txn Fee, Calls on Other Miners to Follow

Cryptocurrency mining rig manufacturer and mining pool operator Bitmain has announced that it will destroy a portion of the transaction fees that it accrues from mining Bitcoin Cash blocks in a bid to support the economic health of the network. AntPool, the Chinese company’s mining pool, made the announcement on Friday, explaining that it will “burn” 12 percent of all the transaction fees from...

Nonfactual FUD: China Cannot Control Bitcoin Network by Seizing Miners

Recently, Stuff.co.nz, a popular New Zealand-based news publication, claimed that the Chinese government could gain control over the Bitcoin network and sabotage it by seizing miners and mining equipment based in China. The author of the report quoted by Stuff, Vladyslav Makarov, wrote: "It is obvious what this country can do to the network. [It] is over-exposed to China and the government can...

F2Pool's Wang Chun: Bitmain Demanded $4 Billion in Lawsuit

QWang Chun, the owner of F2Pool, the fifth largest bitcoin mining pool in the market behind AntPool, BTC.TOP, ViaBTC and BTC.com with 9.3 percent of the global bitcoin hashrate, claimed on August 30 that Bitmain sued a company he invested in for $4 billion. “Haven't got indictment from Bitmain, but earlier this month they sued a company I invested in & demanded $4 billion. Scared out of my...