BCH mined at a loss by unknown miner

Bitcoin Cash being mined at a loss by unknown miner for unknown reasons
31 August 2017   1208

Bitcoin Cash, a hard forked version of Bitcoin, was recently was made 300% more difficult to mine. As a result, the profitability of the coin decreased dramatically and many miners left for Bitcoin.

That's why it seems so strange that Bitcoin Cash now is being mined at a loss by unknown miner for unknown reasons. Charlie Lee, the Litecoin creator and one of the most honest developers in the cryptocurrency world, notices it in his social media:

Indeed, nowadays, Bitcoin Cash mining seems to be not profitable at all in comparison with Bitcoin, the cryptocurrency being on its heights. Yet, someone mines Bitcoin Cash at a loss (as, according to Charlie Lee, Bitcoin Cash mining is ~$300,000 less profitable per day).

Bitcoin Cash mining 
Bitcoin Cash mining

Now, as Charlie Lee draws the community's attention to this fact, it is really interesting to see "how this plays out". Some og the Twitter users even speculate that the unknown miner may be Satoshi Nakamoto, who is believed to be Bitcoin creator.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   174

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.