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33 Illegal Bitcoin Mining Farms Are Raided By Malaysian Authorities
No crypto mining is more profitable than the one made with electricity you didn’t pay for. Recently, Malaysian authorities raided the crypto mining farms of people who believed that they would be able to get high profits by stealing electric energy. дальше »
2019-8-8 17:20 | |
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Chinese Law Enforcement Authorities Raid Crypto Mining Setup Due to Excessive Energy Usage
Bitcoin miners in China have been arrested after stealing $3 million worth of electricity Miners need large amounts of energy to operate Law enforcement authorities in China have shut down a local mining farm after they registered an increase in the local energy usage. дальше »
2019-7-15 17:00 | |
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Bitcoin mining is largely eco-friendly says report
A report by CoinShares is providing new insight into the state of the bitcoin mining industry. Among one of the most interesting findings in the paper is that the global bitcoin mining sector is largely environmentally friendly due to the widespread use of renewable energy. дальше »
2019-6-16 16:00 | |
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Bitcoin Mining Via Solar Power: Risks, Rewards And More Profitable?
Better To Mine Bitcoin With Solar? A great deal of energy goes into mining bitcoin cash and bitcoin core due to the amount of power necessary to keep ASIC machines going. So much power is needed that people have started raising the issue, which is that the money spent on electricity to mine is more […] дальше »
2019-6-4 21:36 | |
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BitDeer.com Hosts 2019 China Crypto Mining Industry Summit
BitDeer. com is the world’s leading computing power sharing platform, enabling global users to mine cryptocurrencies in a transparent, reliable and convenient way. It saves users from the complicated process of purchasing, installing, and hosting mining machines. дальше »
2019-5-28 08:12 | |
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Canadian Province Offers Low-Cost Energy For Bitcoin Mining via Cold Climate, Hydroelectric Power
Bitcoin miners in Canadian provinces which include British Columbia, Quebec, Manitoba, Alberta, and Labrador are enjoying the perks of low-cost energy incentives. The Canadian province fits perfectly to the needs of running a Bitcoin mining operation due to its cool climate and abundance of hydroelectric energy availability. The perfect mining condition is aided by the […] дальше »
2019-4-17 19:25 | |
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power
This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process. дальше »
2019-4-11 23:38 | |
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America’s Missoula County Plans to Regulate Cryptocurrency Miners Due to Environmental Concerns
United States’ Missoula County, also referred to as a hub of five valleys, is planning to regulate cryptocurrency miners so that they comply with zoning and noise regulations and most importantly, forgo fossil fuel energy in an effort to reduce climate change, as reported by the local publication Missoulan on March 20. дальше »
2019-3-21 15:59 | |
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Bitcoin Mining and Renewable Solar Power Energy Said to Slash Costs By Over 70% for One Home User
As many of our readers are probably well aware of, due to various unfavorable market conditions such as rising electricity costs, profits associated with the crypto mining industry seem to have dropped off quite significantly since the start of 2018. дальше »
2019-3-14 18:32 | |
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Bitcoin Miner Says Solar Energy Cuts Mining Costs By 75%
Market conditions and electricity costs have substantially lowered cryptocurrency mining profitability. As a result, big and small-scale cryptocurrency miners are forced to turn to renewable energy to reduce operational mining costs. дальше »
2019-3-14 07:00 | |
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Stanford Student Calls Out Crypto Professor for Inaccurate Bitcoin Lecture
In January of 2019, student Conner Brown attended a guest lecture by a Professor Susan Athey at the University of Stanford Graduate School. She gave a presentation to his “Evolution of Finance” class titled “Blockchain and the Future of Finance. дальше »
2019-3-1 03:39 | |
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Electricity Consumption of Bitcoin is a Non-Issue: Solar Energy is Free in Some Regions
Bitcoin and its trustless, decentralized design requires a unique process called mining that validates each transaction being added to its underlying blockchain. The process involves solving complex mathematical equations, and typically requires some serious computer processing power, and even specially-designed hardware, to validate each block. дальше »
2018-12-18 20:01 | |
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International Bitcoin miners vanish after stacking up $1.5M debt in Sweden
Sweden‘s northernmost county opened its arms to two cryptocurrency mining firms earlier this year – but it might now be regretting the decision. The county of Norrbotten, Sweden is playing host to a cryptocurrency mining mystery. дальше »
2018-11-14 13:15 | |
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Bitcoin Closes the Week Softer on Back of Little Newsflow: BTCManager’s Week in Review November 5, 2018
The price of bitcoin closed the week around two percent lower – reaching the $6,350 level – on light volumes and a lack of major market-moving headlines. The main headline of the week was the publication of a research paper that suggested that bitcoin mining may accelerate global warming due to its high energy usage. дальше »
2018-11-5 21:00 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
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. дальше »
2018-10-24 19:38 | |
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Fork-free, Energy Efficient Red Belly Blockchain Hits 30,000 Transactions per Second
The University of Sydney and CSIRO’s Data61 say in their official press release they have successfully trialed a blockchain that provide 30,000 transactions per second which significantly exceeds the throughput of Bitcoin and Etherium networks. дальше »
2018-9-26 18:30 | |
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Novice, Intermediate or Expert? A Quiz to Test Your Bitcoin Knowledge
Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape. дальше »
2018-9-26 02:13 | |
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Study Reveals Growing Sophistication in Malicious Mining of Cryptocurrency
Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time. дальше »
2018-9-25 23:59 | |
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How Silent Technology Is Realizing the Goal of Clean Energy with Methanol
Climate change due to out-of-control carbon dioxide emissions has been a tangible threat for several years now. A study by the International Energy Agency in 2018 showed that CO2 levels around the world had increased by roughly 1. дальше »
2018-9-25 23:00 | |
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Bitcoin (BTC) Price Watch: Don’t Miss This Bullish Pullback
Bitcoin Price Key Highlights Bitcoin price is trending higher inside an ascending channel on the 4-hour chart and is testing the top. A pullback to support might be due from here, so as to gather more bullish energy on the climb. дальше »
2018-9-3 07:32 | |
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New Study Highlights the Many Positives of Bitcoin Mining
It’s become fashionable in public circles to bash Bitcoin on account of its energy consumption. Virtually every week, mainstream media (MSM) attacks bitcoin mining, painting alarmist pictures of a planet burning due to the ‘wasteful’ design of Proof of Work. дальше »
2018-9-3 01:05 | |
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World Renowned Oxford University To Establish New Blockchain Research Centre
University College, the oldest College at Oxford University have announced that they are to open a blockchain research centre, led by the ex-head of Oxford’s computer science department, Professor Bill Roscoe. дальше »
2018-8-29 17:30 | |
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Bitcoin Mining is Big Business in Montana: US Senator Works to Protect Industry
Bonner and Butte, Montana are home to two of the largest bitcoin mining facilities in North America. They’re also subject to a major energy producer in the state, the Colstrip power plant, which is due to be shut down. дальше »
2018-8-27 11:45 | |
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New York’s Salamanca Blocks Crypto Mining Operations to Preserve Energy
A City in New York Blocks Mining Operations for Cryptocurrency to Preserve Energy Mining expeditions have been becoming fewer and farther between lately, which has been largely due to the electricity spent for mining efforts that had not been properly evaluated. дальше »
2018-8-12 03:02 | |
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Mining Firms Building Electrical Grids to Circumvent Government Apprehensions
Due to substantial energy demand, cryptocurrency mining businesses face scrutiny from both government bodies and utility departments. However, a Canadian mining venture is taking a unique path to prevent such backlash – by constructing its own electrical grid – as per reports on August 1, 2018. дальше »
2018-8-5 06:00 | |
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Crypto mining power request on hold in another US county.
Another county in the U.S. state of Washington has blocked new utility applications from cryptocurrency mining outfits due to concerns over spiking energy demands. According to a local news source on Sunday, commissioners from the Franklin County Public Utility District (PUD) ordered the temporary moratorium to make time for a study on the effects of дальше »
2018-7-31 15:34 | |
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P2PEP ICO
Peer 2 Peer Energy Protocol (P2PEP) is an energy trading protocol. The P2PEP energy trading DApp will connect small and big clean energy producers and consumers over the blockchain. Due to its peer 2 peer nature, no middleman can stand in the way and will be unstoppable precisely in the same way you can't stop a torrent network. дальше »
2018-7-14 16:11 | |
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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”
Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining. дальше »
2018-7-14 01:04 | |
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Bitcoin’s Exorbitant Energy Use Consumption For Blockchain Mining: Real Problem?
There are certainly a number of positive aspects to bitcoin, but there are also qualities that are less favorable as well. For example, bitcoin has been an issue due to the sheer amount of power necessary to create new virtual coinage. дальше »
2018-7-12 22:45 | |
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Orientum Coin (ORT) Goes Green, Plastic Waste to Energy Fuel Production Plants
Crypto Coin Goes Green As Orientum Ready To Launch Orientum, the new cryptocurrency due to be listed on public exchanges is targeted at green energy and in particular plastic waste. Natchaphan Sonsirinun and Jiratchyuth Amyongka, creators of Orientum, say they using their knowledge and skills of several years in the fintech industry and financial markets, […] дальше »
2018-7-8 09:00 | |
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Bitcoin [BTC] mining in Iceland to be taken over by machine learning
Bitcoin [BTC] mining has become popular in Iceland, due to its cool climate and cheap energy costs. More recently, however, the infrastructure used for the mining process may be reused. Electricity consumed by the farms equal almost as much energy as all of Iceland’s households combined. дальше »
2018-7-5 08:19 | |
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Op-Ed: Challenge of Mining Centralization Unveils Bitcoin’s Elegant Design
Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away. дальше »
2018-6-29 16:42 | |
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