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Bitcoin Has Become Less Profitable to Mine Than Its Forks
The mining profitability of Bitcoin and its major “clones” has been a topic of debate for some time now. While it was evident Bitcoin would be the most profitable currency to mine for the longest time, that is not necessarily the case any longer. дальше »
2018-11-27 15:12
Bitcoin Mining Trumps Gold Mining Energy Consumption Estimates
A new report claims that bitcoin mining consumes significantly more energy than mining gold. Here are the facts from the report and why they may be wrong. The post Bitcoin Mining Trumps Gold Mining Energy Consumption Estimates appeared first on CoinCentral. дальше »
2018-11-14 23:08
Bitcoin Mining: Why Better Methods will Eventually Come
In the history of computing, the first instrument that was used which was close to a computer was the Abacus which existed over 5000 years ago. This preceded the invention of the first computers in the 1940’s known as first generation computers. дальше »
2018-11-4 21:16
Bitcoin Mining: Chinese Man Gets 3.5 Year Sentence for Stealing Power to Mine Bitcoin
A Chinese man has been handed a three and a half year sentence for illegally tapping power from a train station in China for crypto mining purposes. According to a… The post Bitcoin Mining: Chinese Man Gets 3. дальше »
2018-10-15 19:09
Bitcoin Mining Giants Woo Miners with Next-Generation Chips
Bitcoin mining, hardware maker, Bitmain, has announced a new next-gen mining ASIC chip dubbed the BM1391. Bitmain’s co-founder, Jihan Wu, recently made the announcement at the Digital Mining Summit in… The post Bitcoin Mining Giants Woo Miners with Next-Generation Chips appeared first on CoinCentral. дальше »
2018-10-1 19:57
Renewable Energy Can Solve Bitcoin’s (BTC) Energy Consumption ‘Achilles Heel’
Global Bitcoin mining operations have been reported to consumer enough energy to power an entire country. BTC mining has also been calculated to consume enough energy to power all the global electric cars for one year. дальше »
2018-9-25 11:33
Bitcoin Mining Uses a Lot Less Energy Than Mining Gold
Bitcoin mining is a power-intensive process. However, mining gold apparently requires twenty times more energy in comparison. This is according to Long Hash. However, it is the bitcoin mining power… The post Bitcoin Mining Uses a Lot Less Energy Than Mining Gold appeared first on CoinCentral. дальше »