Cryptocurrency Grin Causes a Stir Amid the Bear with Its Overhyped Value Cryptocurrency Grin Causes a Stir Amid the Bear with Its Overhyped Value
Please use WeChat scan two-dimensional code login Grin, one of the most talked about cryptocurrencies these days in the crypto mining community, particularly in China, has gone live its mainnet on Jan.15. The cryptocoin is an implementation of privacy-oriented protocol Mimblewimble. Mimblewimble itself is the name of a spell used to tongue-tie victims in Harry Potter, the protocol aims to offer a strong scaling solution as well as increased privacy that beset bitcoin. Started in late 2016, Grin, prides itself for a community-driven project that is launched fairly, free of ICO, pre-mine or founder's reward?. Though moving slowly as most of its developers do it part-time with fund collected from donations, Grin saw its mainnet go alive as scheduled and the first block be mined at 17:38:05 UTC last night. Mining is going fast as the second block was mined just a minute later. This entry was discovered by us on 2019-01-16 13:27:31. Share this content on social media: Check out news.8btc.com for more from this source. Leave a Comment

Some facts on LocalBitcoins rising OTC figures in China | NEWS.8BTC.COM Some facts on LocalBitcoins rising OTC figures in China | NEWS.8BTC.COM
Please use WeChat scan two-dimensional code login Since the introduction of some regulatory measures by most Bitcoin exchanges in China as a way to ensure they comply to the country's laws and not act neither as banks nor as money laundering services providers, attention seems to have shifted to the over the counter market. More individuals have seemingly taken to their respective communities to engage in P2P transactions especially with some of the minor withdrawal restrictions imposed by the major Bitcoin exchanges which are trying to upgrade their KYC/AML systems. Top on the list of the marketplaces filling this OTC market gap is LocalBitcoins. Here are some facts that capture part of what the platform has brought to the market: This posting was first seen by us on 2019-01-16 12:42:58. Share this content on social media: These assets may interest you BTC, TCN. You may want to visit news.8btc.com for complete listings from this source. Leave a Comment

Chinese GPU Miners Flock to Cryptocoin Grin and Beam as Ethereum Constantinople Looms Chinese GPU Miners Flock to Cryptocoin Grin and Beam as Ethereum Constantinople Looms
Please use WeChat scan two-dimensional code login As the Ethereum Constantinople upgrade day approaches, it should have grabbed the headlines of the crypto space. While a crypto coin named Grin has somehow hit the crypto headlines along with Ethereums eighth fork. Amidst the crypto bear, miners chat groups became noisy again for the advent of Grin and Beam two cryptocoins built on privacy-oriented protocol Mimblewimble. 500 units of GPU miners wanted, with Nvidia P104, 1070, or 1080! Beam wanted! 10.5 yuan per coin via over-the-counter (OTC) trading, 5,000 Beams wanted. When privacy-centered coin Beam launched its mainnet on Jan 3, the long-awaited miners swarmed into it, at the same time, a dozen OTC marketplace hidden in QQ chat groups (one of the most popular instant messenger in China) poppedup upon the mainnet launch of Beam, with the OTC price surging from 6 yuan ($0.88) up to 11 yuan ($1.62) in two days. This piece was discovered by us on 2019-01-15 14:09:28. Share this content on social media: These assets may interest you ETH, FLO. See news.8btc.com for more from this source. Leave a Comment

Bitmain Abandons Amsterdam Operations, Analyst Says Implosion of Mining Giant has Little Impact on Crypto Miners Bitmain Abandons Amsterdam Operations, Analyst Says Implosion of Mining Giant has Little Impact on Crypto Miners
Please use WeChat scan two-dimensional code login In the past two months, Bitmain is shrinking at a rapid pace. The Beijing-based Bitcoin mining giant has undergone a series of mass layoffs, shut down its entire office in Tel Aviv and halted its mining operations in Texas. This time, they decided to close another overseas office in Amsterdam as part of its ongoing business adjustment. According to a statement released on January 14, the decision to close their Amsterdam operation has been made and the shutting down process is underway but the accurate timeline of the closure has not been set yet. This item was obtained by us on 2019-01-15 13:42:58. Share this content on social media: Related crypto assets may include ERA, GIC, IMX, ION. Visit news.8btc.com for more from this source. Leave a Comment

Ethereum Classic Block Rewards Soar to 200 ETC After 51% Attacker Returns $100,000 in Token to Crypto Exchange Ethereum Classic Block Rewards Soar to 200 ETC After 51% Attacker Returns $100,000 in Token to Crypto Exchange
Please use WeChat scan two-dimensional code login Ethereum Classic( ETC), the original version of Ethereum network, has recently witnessed an astonishing rise of its miner rewards recently amid abnormal transaction fees . The event comes just three days after the ETC 51% attacker returned $100,000 worth of tokens back to the crypto exchange Gate.io. According to a report from TrustNodes, ETC miners were rewarded as much as 200 per block on January 13, rather than the normal reward of 4 ETC . Meanwhile, another explorer showed 424 ETC were given to a miner in block rewards. At press time, the miner rewards registered by ETC Block Explorer gastracker io. fall to 109 ETC. This piece was found by us on 2019-01-14 13:00:59. Share this content on social media: Mentioned assets ETH, XCG, ETC, CAG. You may want to visit news.8btc.com for more from this source. Leave a Comment

Mining in Mongolia is Still Profitable, 1000 New Miners set to Launch in 2019 Mining in Mongolia is Still Profitable, 1000 New Miners set to Launch in 2019
Please use WeChat scan two-dimensional code login Mongolia, a landlocked country bordered by China and Russia has emerged as the new destination for cryptocurrency miners with its cheap electricity and cold weather. Even in the bear market, Bitcoin miners in Japan is eyeing the East Asia country for expansion. Of late, the Tokyo based crypto-wallet Ginco has reportedly set two mining facilities in Ulaanbaatar, the capital of Mongolian. One of which is located at an underground structure at a condominium complex. The company launched its business in October, a time when its peers considering quitting or cutting down their mining operations. Despite the current bear market, Ginco Mongol plans to increase its Bitcoin mining rigs from 600 to 1600 by the end of 2019. This piece was retrieved by us on 2019-01-14 12:58:47. Share this content on social media: Related assets may include ABLX. Visit news.8btc.com for more similar content. Leave a Comment

Antminer in China Particularly Attacked by Virus hAnt for BTC Ransom Antminer in China Particularly Attacked by Virus hAnt for BTC Ransom
Please use WeChat scan two-dimensional code login For the past few months, a ghost has been haunting Chinese bitcoin miners. A mysterious hacker has implanted a virus in mining machines for bitcoin ransom or inducing more toget infected, according to a report by local crypto media Yibenchain. Citing a bitcoinminer under the pseudonym cC, on the evening of Jan 5, his miners management interface suddenly turned green with an ant in the middle and mining pickaxes on both sides. Click the green screen, a message would pop out reading (in both English and Chinese) I am hAnt! I continue to attack your Antminer. As long as you spread the infected machine, my server verifies that there are 10 new IPs and the number of antminers reaches 1,000. I will stop attacking you! Otherwise I will turn off your antminer's fan and overheat protection, which will cause you to burn your machine or will burn the house. This share was retrieved by us on 2019-01-14 10:55:11. Share this content on social media: See news.8btc.com for more. Leave a Comment

CAC Official: Three Considerations of Launching New Blockchain Regulations CAC Official: Three Considerations of Launching New Blockchain Regulations
Please use WeChat scan two-dimensional code login January 10, the Cyberspace Administration of China (CAC) published its new Regulation for Managing Blockchain Information Service'to provide a clear regulatory framework for the use of blockchain technology in the country. According to the new regulation document, the blockchain service providers are required to register with the CAC within 10 working days through the official blockchain information service filing system. The blockchain startups have to register their names, service types, service forms, application fields, and server addresses. The rules would take into effect on February 15 of this year. This publication was retrieved by us on 2019-01-11 12:18:17. Share this content on social media: Mentioned cryptocurrencies include ERA, ION. Browse news.8btc.com for more similar content. Leave a Comment

Major Crypto Exchange Huobi Lays off All Staff of Its Shenzhen Office Major Crypto Exchange Huobi Lays off All Staff of Its Shenzhen Office
Please use WeChat scan two-dimensional code login Major cryptocurrency exchange Huobi has reportedly closed its Shenzhen division and fired all 14 local employees amid crypto market harsh decline, Chinese news media Odaily reported on Thursday. Huobi's subsidiary in Shenzhen was registered in October, 2016, and focuses on exploring innovative businesses, according to information on domestic company information search engine tianyancha.com. The company once developed a token-based paid knowledge product , but it ended in failure. A source familiar with the situation told Odaily that Huobi Shenzhen had more than 20 full-time employees multiple months earlier, but now 14 remaining staff will be laid off. But the source did not disclose the specific reason for the layoff. Li Lin, the founder of Huobi, is rumored to have a very high opinion of Huobi Shenzhen's CEO Zhu Jiwei. But Zhu has yet commented on closing the business in Shenzhen. This post was found by us on 2019-01-10 14:36:50. Share this content on social media: Related crypto assets may include XCG, CAG. Check out news.8btc.com for more similar content. Leave a Comment

Less than 1 % of Bitcoin Addresses Have a Value of about $62 Billion Less than 1 % of Bitcoin Addresses Have a Value of about $62 Billion
Please use WeChat scan two-dimensional code login A recent analysis of bitcoin addresses shows less than 1 % of addresses in Bitcoin network have a value of around $62 billion, and the wealthiest addresses belong to cryptocurrency exchanges, China's state-run financial publication National Business Daily (NBD) reported Monday. The report cited data from BTC.com to show that 22.65 million bitcoin addresses have at least some amount of the world's largest cryptocurrency as of January 7 2018. Of those bitcoin However, of those, about 97.2 percent'or 22 million addresses own less than 1 bitcoin, and 0.7 percent have more than 10 bitcoin. This piece was obtained by us on 2019-01-10 14:35:24. Share this content on social media: Mentioned assets BTC, TCN, ION. See news.8btc.com for complete listings from this source. Leave a Comment

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