Weekly report of Miningcoin: The State Council approved the central bank to develop digital currency (7.8-7.15)

Weekly report of Miningcoin: The State Council approved the central bank to develop digital currency (7.8-7.15)

As of 10:00 am on July 15, the total hashrate of Bitcoin network is 64.88EH /s . The current difficulty of the whole network is 9.06 T. It is predicted that the difficulty will be increased by 10.42 % to 10.01 T next time. There are 8 days and 9 hours left before the adjustment .


Litecoin's second halving will take place on August 5, 2019 , with 21 days left


The following figure shows the weekly dynamics of mainstream currencies from July 8 to July 15, 2019



Weekly News


Wang Xin, Director of the Research Bureau of the Central Bank: The State Council has approved the research and development of the central bank's digital currency


Facebook Libra and cryptocurrencies are gaining more and more attention from senior government officials.

At the launch ceremony of the Digital Finance Open Research Program and the first academic seminar held on July 8, Wang Xin, director of the Research Department of the People's Bank of China, revealed that the State Council has officially approved the research and development of the central bank's digital currency, and the central bank is currently organizing market institutions to carry out corresponding work.


The stolen Bitcoins from Binance are being transferred, with a single transaction worth $8 million


According to Binance's official announcement, Binance Exchange discovered a large-scale security vulnerability in the early morning of May 8, 2019. In this attack, hackers stole 7,000 bitcoins from Binance's hot wallet at block height 575012, and these bitcoins are currently being transferred.


Jiangsu police cracked a major case of stealing electricity to mine Bitcoin


Xinhua News Agency, Nanjing, July 12 (Reporter He Leijing) The reporter learned from the Zhenjiang Public Security Bureau of Jiangsu Province on the 12th that the Zhenjiang police successfully cracked a major power theft case in which nearly 4,000 "mining" devices were used to steal electricity in order to obtain Bitcoin, with a case value of nearly 2


The battle for high-performance mining machines


The price of coins is rising, the flood season is coming, and as the computing difficulty continues to increase, high-computing-power mining machines are increasingly sought after by miners and mining machine sellers.

The September futures price of Shenma M20S 68T was about 14,856 yuan, and the November futures price was about 19,521 yuan, an increase of 31.45%.

The September futures price of the Ant S17 53T mining machine was about 11,010 yuan, and the December futures price was about 22,000 yuan, an increase of 50%.

High-computing-power mining machines are hard to come by, and futures are scheduled for November and December.

At present, according to the official websites of Ant, Shenma, Ebit, Avalon, and Innosilicon, high-computing-power mining machines have long been sold out. The Avalon 37T A10 series has been scheduled to September; Ebit E11 and E12 series have been scheduled to late October; Shenma M20S and M21 series futures have been scheduled to November; and Ant S17 series futures have been scheduled to December.

00 million yuan.

It is understood that Bitcoin is a virtual encrypted digital currency in the form of peer-to-peer transactions. It can be obtained through "mining" on the Internet and its value can be obtained in transactions.


BitDeer and Litecoin Pool reached a cooperation agreement, accelerating the construction of mining ecology


Recently, BitDeer announced that it has reached a cooperation with Litecoin Mining Pool. Litecoin Mining Pool has officially connected to the BitDeer Cloud Mining Platform and currently supports mining of two major currencies, BTC and BCH. Lu Haiyi, the founder of BitDeer, said, "As the leading mining pool for Bitcoin and Litecoin, Litecoin Mining Pool is an important partner of our cooperation. Litecoin's rich experience in mining pool and mine operation will also bring better services to BitDeer users." It is reported that Litecoin Mining Pool is a major partner that joined after the launch of BitDeer's "Mining Ecological Conference" partner plan.





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