A New Bitcoin Mining Calculator Aims to Tell ‘Truth’ on Profitability

Just as green shoots are appearing in crypto markets, a new data set has emerged showing just how dramatically the pace of blockchain development slowed recently.The amount of new token creation dropped during the third quarter to the lowest since at least the start of 2021, according to blockchain smart-contract auditor CertiK. The company created

A high-level government media censor in China wants to hire a cryptographer with expertise in blockchain technology.

Nov 2, 2020 at 16:00 UTCUpdated Nov 2, 2020 at 16:13 UTCDharma wheel (Met Museum, modified by CoinDesk)The startup for trading in decentralized finance (DeFi), Dharma, has now enabled automated clearing house (ACH) purchases in 10 U.S. states.ACH enables direct transfers from U.S. bank accounts so that users can go straight from holdings in U.S.…

Transfer of bitcoin (BTC) from miners to centralized exchanges has picked up the pace since May 31, according to data tracked by blockchain analytics firm Glassnode.Data from Glassnode shows miners or entities minting coins by verifying transactions on the blockchain have moved 6671.99 BTC ($174 million) to exchanges since May 31. On June 3 alone,…

Nov 11, 2020 at 8:42 p.m. UTCUpdated Nov 11, 2020 at 8:44 p.m. UTCExposure to the government-backed petro has made Venezuelans more comfortable with other types of cryptocurrencies.(Shutterstock)Venezuela’s Bitcoin Story Puts It in a Category of OneVenezuela is an example of cryptocurrency adoption during an economic crisis. No other economy facing hyperinflation has come near…

Claudia Sheinbaum is the first woman to be elected the president of Mexico.Sheinbaum's party has not proposed a comprehensive policy for crypto, but has imposed a 20% tax on crypto gains and reflected a focus on regulating blockchain.Mexico City’s former mayor, Claudia Sheinbaum, was elected president of Mexico to become the first woman to hold

Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Bitcoin miner Hut 8 Mining (HUT) first-quarter revenue dropped a greater-than-estimated 64% to C$19 million ($14.16 million) from the year earlier as the company was forced to turn off some machines due to a dispute with its energy provider.Revenue fell 13% from the previous quarter, missing…

feature Lebanon is far from a poster child for cryptocurrency adoption. News of Lebanese banks shuttering to prevent a bank run was met with predictable enthusiasm from the global bitcoin commentariat. People in Lebanon can no longer send foreign currencies, mainly dollars and euros, abroad. Further, due to heavily restricted banking access and limited liquidity…

Bitcoin (BTC) fell back towards $60,000 on Wednesday, after a wallet tagged to the U.S. Government moved about $240 million worth of seized BTC to a Coinbase Prime address, igniting concerns among traders that the digital assets will likely to be sold. Some 3,940 bitcoin originally seized from a Silk Road vendor was moved by