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Mining News from Up Top

Los Angeles, CA
Joined August 2012
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MinerUpdate mailing list subscribers can now comment on our newsletter releases. This latest feature from the @substack team allows miners on our mailing list to voice their opinions. Join the leading crypto-mining discussion. minerupdate.substack.com/
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MinerUpdate retweeted
Cloud mining is often portrayed by industry insiders as a scam and to outsiders as a way to get rich quick. There are a few platforms today that play an important role in the ecosystem so we figured it was time to do a deep dive on it.👇👇👇 medium.com/luxor/bitcoin-clo…
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MinerUpdate retweeted
They expected hashrate in 2019 to start off around 50 TH/s. It ended up being 40-50 TH/s The expected 2020 HR to stay flat near 100 TH/s and then slope up again going into 2021. Halfway through the year, we are fluctuating exactly around 100 TH/s
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MinerUpdate retweeted
When I was working at a crypto fund 2 years ago, in addition to token & equity deals, we also saw a good amount of mining deals. Looking back at one of the better decks, their projections for network hashrate were actually pretty close
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MinerUpdate retweeted
On April 8th the Texas Regulators made a large ruling on hashrate. This ruling has implications for Miners in America that produce and convert hashrate to rewards on a daily basis. The future of American Bitcoin mining is dependent on this.👇 minerupdate.com/news/miner-i…
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"While cloud mining platforms are most certainly a security, it is critical that the regulators do not paint all platforms with the same brush... The future of American Bitcoin mining is dependent on this." Check out our guest post by @ethan_vera! 👉minerupdate.com/news/miner-i…
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The latest newsletter has just been released. We dive into the FTX hash rate contracts. 📈 How effective are the contracts for hedging? How are they designed? What do the current trading prices suggest about future deployment of hash rate? minerupdate.substack.com
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We will be looking at the launch of hash rate futures on FTX in this week's MinerMovements newsletter 🧐 Get on the best mailing list in crypto mining ⛏️ minerupdate.substack.com
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