ViaBTC’s Cloud Mining Offering Receives Mixed Response
ViaBTC's cloud mining offering may strengthen the position of Bitcoin Unlimited in the cryptocurrency industry. A Bitcoin mining pool which supports Bitcoin Unlimited has lately been criticised for offering cloud mining services. ViaBTC, as the company is called, has lately announced that it will allow more people to join its Bitcoin mining pool in return for small investments in its mining equipments. On the other hand, ardent Bitcoin Core fans, who have already shown their displeasure with the Bitcoin Unlimited proposal, have turned themselves against such services. ViaBTC claims that it....
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Mining pool ViaBTC has just announced its first batch of cloud mining contracts. The company is offering anyone the chance to leverage ViaBTC’s deployment of mining machines. Now Anyone Can Join ViaBTC’s Network Hashrate. ViaBTC is a large mining operation that holds roughly 7.9% of the network’s global hashrate. The pool is now inviting people to....
Zero-transaction fee Bitcoin transactions are rather uncommon these days. Ever since ViaBTC announced their cloud mining plans, the Bitcoin community has been on high alert. Albeit there is nothing wrong with what the pool offers, people have been carefully monitoring their wallet addresses. One particular transfer stands out, as 210 BTC was deposited into the wallet. A major client for their cloud mining business or self-funding to spike the numbers? It is not uncommon for Bitcoin companies to deal with large deposits. Even cloud mining companies sometimes attract huge clients who spend a....
Bitmain, HaoBTC, BW, GBMiners and F2Pool are planning to mine through Bitcoin Unlimited, according to Haipo Yang, ViaBTC’s founder and former Tencent employee, China’s Facebook/Twitter, where he worked in mainly Linux-based C/C++ development. In combination, together with bitcoin.com, they account for around 60% of the network’s hashrate, making it almost a supermajority in favor of Bitcoin Unlimited, the grassroots long term solution to on-chain scalability decision making. A representative from Bitmain stated in response to my request for confirmation or denial of ViaBTC’s statement that....
Genesis Mining offers 5% discount on its cloud mining contracts. The holiday season is here! It has just been a couple of days since Thanksgiving. The weekend following Thanksgiving Day, better known as the “Black Friday Weekend” is well-known for amazing shopping offers. The same holds good in the cryptocurrency industry too. Genesis Mining, the most popular cloud mining service provider in the cryptocurrency industry has announced a new promotion as part of its Black Friday offering. In this festive promotion, Genesis Mining is offering a 5 percent discount on all cloud mining packages....
Bitcoin mining company BitFury is looking to enter the cloud mining market. BitFury has given no indication as to when its proposed cloud mining offering would launch. However, it outlined how it would provide hardware to partners, only adding supply based on demand, rather than selling hashing power without limit. CEO Valery Vavilov told CoinDesk: "We are working on such a solution for the cloud market." The statements follow hints made by the BitFury CEO at the The North American Bitcoin Conference in Miami earlier this month, when Vavilov discussed the "opportunity" he saw in the....