During the week, information related to Bitcoin mining was not lacking. Don’t miss this summary of the highlights.

The crypto coin mining business, led by Bitcoin, lived a week of important events. As the price of the pioneering digital currency recovers from the recent correction, news in this area continues to be the main protagonist in the main portals.

On this occasion, we present you our usual weekly summary, where you can find out the most important things about mining. Although there is a lot of information, we try to make a selection of the five most outstanding ones from the last seven days.

It is important to note that, among the most important news, we highlight the fact that the decentralization of mining continues. Some analysts, in a work published by CoinDesk, assure that the U.S. is not looking to take away China’s dominance in hashrate, but to diversify it around the world.

A week of important events for Bitcoin mining

The mining of Bitcoin and other important cryptomonies, presented a week of important events. These are the most important news:

Bitcoin Mining continues to gain ground in the U.S. and Canada.
Ethereum Classic operated hard-fork to restore GPU mining.
Consequences of the ASIC supply crisis.
Miners‘ income remains at pre-Halving levels.
Increased Bitcoin network difficulty is the fourth highest ever.

Miners want to leave China

The decentralization of Bitcoin mining from China to other parts of the world continues to be a source of news week after week. More and more companies are leaving the Asian country in a climate of tension with the authorities.

The destination of most of these farms is the United States and Canada. These countries are among the favorites due to the security climate they provide to businesses, as well as the opportunity to access large sources of financing through the stock market.

The most recent analysis related to this was published by the CoinDesk portal. According to the website, the ongoing decentralization movement is expected not to strip China of its importance and give the United States dominance in mining, but to bring about diversification.

Ethereum Classic to be mined again on 4GB GPUs

Another important news this week in mining, this time not from Bitcoin, but from Ethereum Classic (ETC). According to information from CoinTelegraph, the project suffered a hard bifurcation.

The goal of this action is to enable the 4-gigabyte GPU cards of VRAM to stay active in mining. At the same time, it is intended to discourage the incorporation of ASIC equipment to avoid a centralization similar to that which occurs with Bitcoin mining.

In this way, the hard-fork Thanos, was applied at the height of the block 11,700,000 of the network of that digital currency. It will technically reverse the epoch parameter for the Ethereum Classic mining algorithm, Ethash.

ASIC supply crisis

According to the discussions at the 2020 Mining and Investment Summit, there is a crisis in the distribution of Bitcoin mining equipment. The voracity of large Western companies like Marathon or Core Scientific, who already have orders for S19 for July 2021, has created a supply crisis.

It’s a ruthless race for Bitcoin stockpiling, which is causing as much hash as possible to be hoarded. In this way, the computing power for sale is quickly acquired by the mining giants, which raises the prices of the machines.

The miners are resorting to second-hand equipment to try to stay in the fight. The current trend, however, could lead to a greater centralization of operations and the departure of small and medium-sized miners from the game, experts said.

Will the miners make Bitcoin take off for the moon?

Miners‘ income remains high

The equivalent amount in US dollars that participants in Bitcoin’s mining business receive remains high. The recent drop in the price didn’t take the daily income far from the pre-Halving levels of May that had been reached in recent days.

At the time of writing, the price of the most popular of the crypto currencies is once again heading towards USD 19,000. All of this seems to indicate that the miners‘ income will continue for a while longer in amounts similar to those of today, since a collapse of the cryptomoney seems unlikely.

The latest report from the portal Blockchain.com, shows that the income closed last November 27th at 17.6 million USD. On November 17, the amount for the minimum activity of the

Die Woche begann mit den wichtigsten Neuigkeiten über den Covid-19-Impfstoff, gefolgt von Bit- und Altmünzen, doch dann zerschlug sich die Bitmünze durch USD 16.000. In der Zwischenzeit gaben die Analysten von Bill Miller und JPMorgan optimistische Erklärungen zu BTC ab, Ray Dalio sagte, die Regierungen würden es verbieten, während die Cryptoverse anderer Meinung war, und Krakenforscher sagten, dass die Anhäufung von BTC-Walen im November zu einer weiteren Preissteigerung führen werde. Der Start von ETH 2.0 Phase 0 muss möglicherweise bis Januar warten, und Infura ging wegen einer „unangekündigten harten Gabelung“ der Ethereum-Blockkette für ein paar Stunden aus. In der Zwischenzeit verlor eine Ripple-Führungskraft Tausende auf „wertlosen“ Tokens, wie viele andere im Raum, die beunruhigte Cred schlug drei Möglichkeiten vor, wie sie den Kunden Rückerstattung leisten könnte, und ein Unternehmen versucht, Lizenzgebühren von BTC-Geldautomatenbetreibern und -herstellern einzutreiben.

Im Crypto-Regu-Land: Die Cryptoverse könnte einer „aggressiveren“ SEC unter dem designierten US-Präsidenten Joe Biden gegenüberstehen, die US-Notenbank deutete an, dass sie sich nicht zur Ausgabe eines digitalen Dollars drängen lassen würde, der Rat der Europäischen Union versucht angeblich, die Verschlüsselung zu umgehen, ein Ex-CIA-Analyst sagte, dass das Pekinger Blockchain-Netz eine chinesische Netzdominanz auslösen könnte, und ein argentinisches Crypto-Gesetz steuert auf eine Parlamentsabstimmung zu. Auch könnten die Zentralbanken auf der Jagd nach einem Hedge sein, und sie könnten etwas BTC fangen. Und während ein ehemaliger Microsoft-Ingenieur in einem richtungsweisenden Fall von Bitcoin-Steuerbetrug verurteilt wurde, sagte ein Kritiker, dass Russlands blockkettengesteuerte Wahlsysteme von skrupellosen Politikern ausgenutzt werden könnten. Apropos Russland: Das russische Finanzministerium plant, Krypto-Inhaber mit Gefängnisstrafen zu belegen, wenn sie ihre Einkünfte nicht deklarieren.

L’amministratore delegato di MasterCard, Ajay Banga, ha detto che Bitcoin non aiuterà a bancarizzare i non-bancati. Ha indicato la volatilità di BTC come uno dei principali ostacoli.

Le valute crittografiche, in generale, non aiuteranno l’inclusione di individui non bancari nei sistemi di pagamento e nelle banche, afferma Ajay Banga, CEO di Mastercard. Tuttavia, l’azienda è ben lungi dall’ignorare del tutto le valute digitali.

Cercare di far entrare 1 miliardo di dollari nel sistema bancario

Secondo una recente notizia, l’amministratore delegato di Mastercard Ajay Banga, che è in missione per bancarizzare più di un miliardo di persone non bancarie in tutto il mondo, non vede molto uso nelle valute digitali per questo.

L’opinione di Banga è che attività come la Bitcoin non faranno un’attrazione così significativa verso l’inclusione finanziaria.

Secondo l’amministratore delegato, l’alta volatilità serve a far crollare le crittocorse. Egli ha evidenziato che il valore di quella più popolare (Bitcoin) fluttua di grandi quantità, sottolineando che proprio quest’anno una BTC ha cambiato il suo valore in dollari da meno di 5.000 dollari a marzo a quasi 14.000 dollari di recente.

„Il Bitcoin di per sé è volatile nella sua valutazione„, ha detto Banga, aggiungendo: „Riuscite a immaginare qualcuno che è finanziariamente escluso dal trading in modo da essere incluso attraverso una valuta che potrebbe costare l’equivalente di due bottiglie di Coca-Cola oggi e 21 domani? Non è un modo per includerle. È un modo per farli spaventare dal sistema finanziario“.

Cinque anni fa, l’amministratore delegato di Mastercard ha intrapreso una missione per aiutare 500 milioni di persone in tutto il mondo ad accedere al sistema finanziario e ai servizi bancari. Quest’anno il piano è stato aggiornato fino a un miliardo. Secondo Banga, le persone che non hanno un conto in banca soffrono la mancanza di accesso al credito, mentre pagano commissioni molto più elevate per le transazioni finanziarie tramite payday lender, ecc.

Tuttavia, la fiducia in Crypto rimane

Ciò che il CEO di MasterCard non è riuscito a delineare, tuttavia, è la natura resistente alla censura delle crittocittà decentralizzate, così come le barriere all’ingresso inesistenti.

In altre parole, chiunque abbia accesso a Internet può entrare a far parte della rete senza dover passare attraverso lunghe e, in molti casi, impossibili procedure di registrazione per aprire un semplice conto bancario, ad esempio.

Inoltre, una volta entrati a farne parte, non c’è un’autorità centrale che possa „chiuderti“ di per sé, indipendentemente dalla tua situazione economica o dalla tua posizione attuale.

Ciononostante, le sue parole sono degne di nota, perché alcune delle sfide intrinseche rimangono. Per esempio, le persone hanno bisogno di una comprensione relativamente alta della tecnologia e di un computer funzionante e di una connessione internet per diventare parte della rete Bitcoin – qualcosa che molti cittadini nei paesi del terzo mondo semplicemente non hanno.

Nonostante l’opinione del CEO, MasterCard è sulla strada dell’adozione delle valute digitali già da un po‘ di tempo. Come riportato di recente da CryptoPotato, l’azienda ha collaborato con il processore di pagamento britannico Wirex per espandere il suo programma di criptovalute e aiutare „l’adozione e la creazione di esperienze innovative nello spazio cripto“.

Analysts say blockchain hacks will decline.

The number of hack attacks in the cryptocurrency and blockchain space has declined over the course of 2020, according to a new report

According to data from VPN provider Atlas VPN, the number of hacks more than tripled in the first half of 2020 compared to the same period in 2019. The data comes from a report released by Atlas VPN on October 28th.

According to Atlas VPN, 2019 was a record breaking year for blockchain hacks. There were 94 successful attacks in the first half of the year, compared to 31 in H1 2020.

According to the report, there were a total of 133 successful attacks on blockchain networks in 2019.

Based on the historical data, the analysts at Atlas VPN suspect that the number of blockchain hacks will continue to decrease:

„Since 2020 is not over yet, we can expect more blockchain-related hacks to take place by the end of the year. Nonetheless, based on the data, we can say that 2020 will not be past the last year. Blockchain hacks will continue go back. “

Hackers have stolen $ 13.6 billion from 330 blockchain-related hacks since 2009. Atlas VPN found that attacks targeting decentralized EOS applications (DApps) were the most successful. The EOS-DApps will be followed by cryptocurrency exchanges, blockchain wallets and Ethereum blockchain-DApps, according to the report.

As previously reported, cryptocurrency fraud and theft lost $ 4.4 billion in 2019 . In comparison, hackers in 2018 have US dollars by crypto theft and fraud about 1.7 billion stolen .