2020-8-14 12:27 |
While commenting on the talk between the Winklevoss twins and Dave Portnoy, the former Coinbase CTO states that even though space gold mining sounds crazy, it is possible
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The next bout in the ongoing Bitcoin versus gold debate looks set to take place on the home-court of advocates of the shiny precious metal. A CEO from a crypto asset investment firm will be speaking later this month at a large event held for those wanting to invest in the traditional mining industry.
2019-6-7 00:00 | |
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Gold is considered one of the most valuable elements on planet Earth. However, an argument about Bitcoin being the most valuable digital asset presently available can also be made. The digital asset has often been compared to the value of Gold, with the debate scaling new heights after Bitcoin outperformed Gold and several traditional assets […] The post Bitcoin’s [BTC] ‘unaffordability’ argument is weak after report suggests mining gold is more expensive appeared first on AMBCrypto.
2019-6-6 14:30 | |
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Gold is known as one of the best long-term wealth storing assets during economic crises because of its reliably rare supply, which makes it maintain its value without much depreciation. Only 2,600 tonnes of gold are mined per year expanding the above ground supply at a yearly rate of 1.
2019-6-6 12:22 | |
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Coinspeaker Global PoS Network for Pawn Shop`s Loans Backed by Real Gold Launched the Beta TestingA full beta testing of PoS mining in the MINT blockchain network is ready to launch. GoldMint CEO, Dmitry Pluschevskiy discloses the project's details and future plans.
2019-6-4 08:00 | |
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Blue Hill Foundation is a 24% co-owner of the “Blue Hill Mine”, a mining project with concession numbers 14307X & 14308X, forecasted to have one of the largest copper reserves in Asia. The “Blue Hill Mine” is located in Mongolia between the two industrial giants: Russia and China.
2019-6-1 05:33 | |
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Depending on how long you have been following the crypto agenda, you may have wondered about cryptocurrency mining or tried it for yourself. The rumors of the so-called ‘bitcoin mining gold rush’ drew lots of enthusiasts to mine bitcoin in its early days.
2019-5-8 04:04 | |
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According to the reports, the cryptocurrency mining process requires three times more energy than digging up gold that is worth a dollar. In fact, global Bitcoin mining alone has transcended the energy consumption of some nations including Ireland in recent years.
2019-5-1 00:39 | |
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Coinspeaker Rothschild-Linked Oil Tycoon Frank Timis Creates Ripples in Bitcoin Mining PoolArgo Mining has welcomed Frank Timis - a new whale coming from the oil and gold industries with formidable ties with the Rothschild Bank aiming to cause ripples in the nascent market.
2019-4-23 18:11 | |
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Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.
2019-4-20 22:59 | |
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Data posted by a Twitter user simply known as Asimov shows that Gold mining consumes 23 times more energy than Bitcoin mining. Asimov’s data shows more on banking systems, governments and paper currency minting.
2019-3-24 09:32 | |
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“Going to the North Pole for cryptocurrency mining? I play and mine”, says Tom Kim, the founder of Gstar Coin. As we are aware, mining cryptocurrency is expensive, time-consuming and extremely painstaking in return for sporadic rewards.
2019-3-14 13:14 | |
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A unique characteristic of many upstate New York cities is their low energy rates. Hydroelectric dams along the St. Lawrence river give residents electricity so cheap that many even heat their homes with it.
2019-3-13 03:00 | |
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Large corporations have always been “the most glamorous side” of the gold mining industry, equipped with machinery capable of emptying reserves at a frenetic pace while spending exorbitant budgets.
2019-3-2 21:37 | |
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Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people.
2019-2-18 18:30 | |
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What Is Bolton Coin? BOLTON Coin (BFCL) is a digital coin that offers a new, amazing, and unique approach to cryptocurrency investing. The platform generates aggregate profits from tangible luxurious markets such as gold and diamonds mining, integrated by eco-sustainable energy and advanced form of BTC crypto mining. The platform believes that low fees for mining […]
2019-2-7 10:11 | |
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Bitcoin Gold (BTG) is a hard fork on Bitcoin blockchain. The idea behind the fork was to change the proof-of-work algorithm from the SHA256 algorithm, originally selected by Satoshi Nakamoto, to Equihash.
2019-1-17 14:11 | |
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Bolton Coin (BFCL) offers a new amazing and unique approach to investing in the crypto sphere, generating aggregates profits from tangible luxurious markets such as gold and diamonds mining, real estate, integrated by eco-sustainable energy and extraordinary form of BTC crypto-mining.
2019-1-12 14:41 | |
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On Thursday, Bloxroute Labs announced a partnership with the China-based mining operation Rawpool Group and global video communication software firm Yeecall. Both Rawpool and Yeecall plan to be the first cryptocurrency businesses to adopt Bloxroute’s product, dubbed the Blockchain Distribution Network version one.
2019-1-11 07:00 | |
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The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced.
2019-1-10 21:00 | |
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October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |
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Bitcoin was created by Satoshi Nakamoto, (almost certainly) a pseudonym, that no one has been able to conclusively connect to an actual person or group of people to this day.
2019-1-3 06:42 | |
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Online bullion marketplace Onegold announced on Tuesday that its customers can now purchase precious metals with bitcoin cash (BCH) and bitcoin core (BTC). Onegold’s digital silver and gold products are fully allocated physical metals stored at the Royal Canadian Mint and can be redeemed at any time through Apmex.
2018-12-12 07:15 | |
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Bitcoin mining is a term that everyone in the cryptocurrency and even many outsiders are familiar with. This is a process performed by high-powered computers (also known as nodes), which solve complicated computational math problems.
2018-12-5 17:47 | |
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Bitcoin mining is a term that everyone in the cryptocurrency and even many outsiders are familiar with. This is a process performed by high-powered computers (also known as nodes), which solve complicated computational math problems.
2018-12-3 17:43 | |
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Bitcoin (BTC), Cryptocurrency–As prices for Bitcoin continue to slip to their lowest point in over a year, with all eyes on BTC hitting $3,000, a recent inquiry into the dipping hash rate has led some to question the health of the crypto mining industry.
2018-11-27 04:29 | |
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The Unknown Advantages Of Bitcoin Mining Often, Bitcoin mining is criticized for consuming huge amounts of electricity. In fact, some people say that the inefficient use of energy resources make the entire process uneconomical.
2018-11-23 04:18 | |
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Back in the days of the Wild West, gold prices would dictate the profitability of prospecting and mining. Around 150 years later not much has changed with regards to the economics of mining, however the commodity is a little different now.
2018-11-22 16:00 | |
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The energy costs of bitcoin mining are often cited as canceling out the. We must also consider the savings made, in avoiding some of the hidden costs of the alternative. Gold Standard Critics of gold originally made the same arguments — that the mining and storage cost of gold meant paper money was more economical.
2018-11-22 08:00 | |
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Mining the cryptocurrency ether (ETH) using high-powered computer systems is no longer profitable, stated a CNBC report on November 13, 2018. Individual Mining no Longer Profitable If a recent report by CNBC is to be believed, cryptocurrency’s gold mining days might be a story of the past, as the activity is no longer a profitable one.
2018-11-16 10:00 | |
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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.
2018-11-14 23:08 | |
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Barry Silbert, the COE and founder of Digital Currency Group, pushed back against claims concerning bitcoin mining that had appeared in the Nature International Journal of Science. The article explained that mining of bitcoin is three times costlier than gold and its emissions are substantial when it comes to the four largest cryptocurrencies. About 3 […]
2018-11-8 19:24 | |
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Cryptocurrency industry figures continue to hit back at negative stories about Bitcoin mining in mainstream media, Barry Silbert claiming mining Bitcoin was “50 times more useful” than gold. What’s In A Number? In a tweet November 6, the Digital Currency Group founder and CEO rebutted claims over Bitcoin mining which originally surfaced in the Nature International Journal of Science.
2018-11-8 02:00 | |
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Blockchain is the technology of the future, which allows the expansion of the boundaries of business. It can be used in any field, including mining, and in particular, in gold mining. The Innovaminex project is designed to involve the real economy with virtual assets and to allow any individual or legal entity to invest in a real project and receive benefits and advantages from the sale and processing of gold extracted from the mines.
2018-11-7 09:33 | |
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According to newly published research, mining cryptocurrency takes nearly twice as much energy than mining gold, platinum, and copper. Bitcoin on its own, needs three times as much energy to mine than compared to gold.
2018-11-6 13:54 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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Paraguay Mineral Mining SA (PMMSA) has created the ORET Token to raise the necessary funds for the acquisition of the Land, Concessions and Machines for extraction and recovery of Gold. ORET Token is a project, that will give you the opportunity to invest in a company dedicated to the extraction and recovery of GOLD.
2018-10-25 04:33 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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The London Bullion Market Association (LBMA) is to create a set of standards for blockchain-based gold tracking, as well as an oversight committee to approve and monitor technology providers. Ethical sourcing is becoming critical in such a high-value sector as precious metals.
2018-10-21 08:00 | |
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Gold miners know the difficulty and danger associated with it, but of course, they know what they stand to gain so why not take the risk. Just like gold, cryptocurrencies like bitcoin needs to be mined in other to be available in the market.
2018-10-16 11:19 | |
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Argo, A UK-Based Provider Of Cryptocurrency Mining services, Has Announced The Launch Of Bitcoin [BTC] On Its Platform From November 1st. Now, the most popular digital asset will join the likes of ether, Bitcoin Gold, ETC, Zcash, Komodo, and Horizen as part of Argo’s services aimed at aspiring crypto miners who are less tech-savvy. With […]
2018-10-12 18:31 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Bitcoin has been brilliant material for comedians all over the world. Since its explosion into the mainstream media we have seen some exceptional social commentary, satirical sketches, and rap videos simultaneously explaining and mocking the rise of Bitcoin.
2018-9-25 15:15 | |
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The act of Bitcoin mining has long been assumed to use up a dangerous amount of electricity. While the process does take up quite a bit of energy, it’s not nearly as wasteful as one would think when compared to other kinds of mining and minting.
2018-9-25 05:36 | |
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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.
2018-9-21 02:02 | |
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What Is CryptoMiner World? CryptoMiner World is a DApp where players are able to mine for treasure, collect, and trade with others with Ethereum. On this game, you will be able to own land and have Gem Workers uncover what lies beneath.
2018-9-16 09:13 | |
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One of the most popular arguments against bitcoin technology is the argument that bitcoin mining consumes more electricity than some countries. However, a comparison by LongHash has revealed that bitcoin mining actually uses 20x less energy than gold mining.
2018-9-15 14:18 | |
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The asset token and Gold can be exchanged, and it is possible to confirm the real mining mining amount secured confirm on the block chain. Utility token based on ERC 20, asset token based on gold, payment token that can be payed in Myanmar.
2018-9-8 07:33 | |
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Litecoin mining vs. Bitcoin mining How do the gold and silver standards of the cryptocurrency revolution fare in the world of cryptocurrency mining? The post Two Sides of the Coin: Litecoin Mining vs Bitcoin Mining appeared first on CoinCentral.
2018-9-3 20:45 | |
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