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BUSINESS

Op Ed: Bitcoin Mining Attacks Are Overblown

Jimmy Song -
The question here is whether bitcoin mining is a single point of failure. Could a government or other authority control Bitcoin through controlling a single entity in mining? What would it actually take to “take over”?
BUSINESS

Bitmain Reportedly Will Sack More Than Half of Workforce

Landon Manning -
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce.
BUSINESS

Bitmain Follows Industry Trend, Shutters Operations in Israel

Jimmy Aki -
Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel
BUSINESS

$5 Million Lawsuit Against Bitmain Filed in Northern California

Nick Marinoff -
The filing of the complaint against Bitmain says that the plaintiff class “is so numerous that joinder of all members is impractical. On information and belief, the class includes more than 100,000 members.”
BUSINESS

Federal Election Commission Gives Green Light for Political Mining Pool Donations

Landon Manning -
The U.S. Federal Election Commission (FEC) has given tacit permission for mining pools to donate to political campaigns.
BUSINESS

A New Approach to Thwarting “Selfish” Bitcoin Miners

Nick Marinoff -
Researchers Cyril Grunspan and Ricardo Pérez-Marco claim that by broadcasting the presence of orphan blocks, selfish mining can become a thing of the past.
BUSINESS

Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

Nick Marinoff -
The acquisition will position the two companies into a partnership wherein they will seek to expand their products and services, taking particular aim at institutional investors.
BUSINESS

Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

Andrew Kiguel -
There are many misconceptions around Bitcoin's energy use and why it’s required to safely and securely transact cryptocurrencies. Let's look at the larger picture.
MARKETS

Bitfury May Be Mulling Over an IPO

Jessie Willms -
If the mining giant does hold an offering, it’ll reach for an estimated $3 to $5 billion valuation.
BUSINESS

Blockstack Looks to Boost Decentralized App Usage Through New App Mining Program

Nick Marinoff -
App mining is a system where developers are rewarded in bitcoin by Blockstack and other participating companies for creating platforms that community members actually want.
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