Crypto Mining Pool Prediction: Bitcoin Could Reach $740,000 Per Coin

News outlet 8BTC reported that Zhu Fa, CEO of the mining pool Poolin, predicted a price for bitcoin of $740,000. Despite the current bearish sentiment, he argued that the future for the biggest cryptocurrency is bright. Bitcoin mining and predictions The mining companies struggle when…

Bitcoin Sees Second-Largest Difficulty Decrease Ever Following Price Drop

Bitcoin has just experienced its second-largest mining difficulty decrease in the cryptocurrency’s history, according to fresh data. Furthermore, this is the second consecutive drop in the premier cryptocurrency’s hashing algorithm difficulty. The mining difficulty long kept on increasing despite a bearish market This news comes…

600,000 Miners Shut Down Business In The Last Two Weeks

According to F2Pool, the third largest mining pool, between 600,000 and 800,000 bitcoin miners have shut down business. They have shut down at a rapid pace and done so by mid-November. Why have bitcoin miners shut down? Mao Shixing is the founder of F2Pool and…