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DMG Blockchain Builds Electrical Substation to Power Cryptocurrency Mining Operations
Cryptocurrency mining requires a lot of electricity and a lot of money. In recent times, miners have sought access to cheap and accessible electricity to accelerate operations. In this vein, a Canadian company is attempting to build an electrical substation to power its cryptocurrency mining enterprise. дальше »
2018-8-4 16:45 | |
DMG Blockchain Builds Electrical Substation to Power Cryptocurrency Mining Operations
Cryptocurrency mining requires a lot of electricity and a lot of money. In recent times, miners have sought access to cheap and accessible electricity to accelerate operations. In this vein, a Canadian company is attempting to build an electrical substation to power its cryptocurrency mining enterprise. дальше »
2018-8-3 20:07 | |
Plattsburgh Pushes back against the Crypto Miners, again
Cheap energy prices are sending crypto miners to the U. S. -Canadian border, turning hydropower into hash power, but the authorities are beginning to fight back. Taking Advantage of the Public Utilities Plattsburgh, a small town on the North American border has become ground zero for crypto mining. дальше »
2018-7-31 21:30 | |
Texas Brings the Heat as an Alternative to Mining in Cold Climates
Cryptocurrency mining is both power and heat intensive. In the case of the latter, miners have been known to flock to countries like Iceland, as well as cities like New York. Texas based blockchain-based platform, TMGcore, is showing that this doesn’t have to be the case. дальше »
2018-7-30 05:00 | |
HashFlare Cryptocurrency Mining Provider Alledgely Restores Users Contracts
Mining Contracts Restored On HashFlare Mining has exploded in popularity in recent years. In the initial days of Bitcoin, miners were few and the profits were significant. Computing power had to be very high, and the miner needed to have a deep technical understanding of how the process worked in order to mine Bitcoin. But […] дальше »
2018-7-27 22:37 | |
Cryptocurrency enthusiasts can now earn Bitcoin with just a laptop GPU
Wannabe cryptocurrency miners unwilling to shell out thousands for a specialized rig might just be in luck. A new application, Honeyminer, allows even those with modest PCs to mine popular cryptocurrencies as part of a pool. дальше »
2018-7-25 04:33 | |
EU Study: International Nature of Cryptocurrency Markets Is a Challenge for Regulators
An EU study claims that the international nature of the cryptocurrency markets is a challenge for European regulators because many players, especially miners, are outside their reach. The researchers also expect that bank-issued coins could reshape the balance of power among cryptos, with commercial banks using underhanded tactics to stifle the competition. дальше »
2018-7-24 23:40 | |
Governance, Part 2: Plutocracy Is Still Bad
Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »
2018-7-21 23:03 | |
A Prehistory of the Ethereum Protocol
Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions. дальше »
2018-7-21 23:03 | |
Notes on Blockchain Governance
In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »
2018-7-21 23:03 | |
Amidst Bear Market, Crypto Miners Repurpose Mining Equipment
A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto. дальше »
2018-7-20 13:00 | |
Post-Flood Reflections Reveal Insights Into Lives of Sichuan Miners
With Chinese media estimating that Sichuan’s mining sector comprises 70% of the computing power of both the bitcoin network and the total processing power situated within China’s borders, reflections following the devastating Sichuan floods’ have many insights into the realities of life of a crypto miner in Sichuan. дальше »
2018-7-18 01:30 | |
Op Ed: Addressing the Threat of Cryptomining Malware
One major class of attacks to hit the hacking landscape recently is cryptomining. While cryptomining on its own supports a good cause when being done consciously, it also allows nefarious actors to make a lot of money fast, and, with the sheer number of cryptocurrencies available to mine, it is becoming a popular choice for attackers. дальше »
2018-7-18 23:18 | |
Updated Power Rates for Cryptocurrency Miners in New York
The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York. Details of the New Rates In a press release issued by the New York PSC, high-density power consumers like cryptocurrency miners under the Massena Electric Department will pay new utility rates. Cryptocurrency miners and other high-density дальше »
2018-7-14 11:34 | |
New Power Rates for Cryptocurrency Miners in Upstate New York
The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York. Details of the New Rates In a press release issued by the New York PSC, high-density power consumers like cryptocurrency miners under the Massena Electric Department will pay new utility rates. дальше »
2018-7-14 09:00 | |
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 | |
Op-Ed: Bitcoin’s Roots in the Great Law of Peace
Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money. дальше »
2018-7-14 00:48 | |
New York Crypto Miners Gain Access to Customized Electricity Payment Contracts
Cryptocurrency Miners To Access Customized Electricity Payment Contracts A section of New York residents will now enjoy customized electricity bills after t regulators allowed a utility company to establish new rates for cryptocurrency miners. дальше »
2018-7-14 23:39 | |
Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners
New developments in New York is likely to make its Upstate cities a more conducive home for cryptocurrency mining. Due to the abundance in power supply, the state’s regulator has opened the doors of New York”s upstate as it approves a decent payment rate for miners who consume massive amounts of electrical power to carry […] The post Joyous News For Crypto Miners As Upstate New York Approves Flexible Payment rate For Miners appeared first on ZyCrypto. дальше »
2018-7-13 23:17 | |
Big Apple Authorities Providing Some Reprieve To Cryptocurrency Miners
New York City State is providing some reprieve to cryptocurrency miners after its regulatory authorities authorized a brand-new electricity rate for an upstate utility that lets mining ventures work out deals there. дальше »
2018-7-13 14:00 | |
Crypto miners get updated power rate structure approved by NY state officials.
New York state regulators have approved a new electricity rate scheme for cryptocurrency miners that will allow them to negotiate contracts, Bloomberg reported July 12. According to Bloomberg, several months ago the state of New York gave permission to 36 municipal power authorities to charge crypto miners more than other consumers. The Massena municipal utility дальше »
2018-7-13 06:31 | |
New York State Entices Crypto Miners to Negotiate Cheap Power
Cryptocurrency Mining–Despite the overwhelmingly negative image of crypto mining related electricity costs, from the impact they have on the environment to the rising rates of neighborhood power bills, the state of New York has approved a bid to increase the population of miners through cheaper electricity. дальше »
2018-7-13 03:29 | |
In Upstate New York, Crypto Miners have approved New Power Rates
A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners. While primarily an administrative move, it’s a potentially significant development for cryptocurrency miners hoping to tap the hydroelectrical resources located in New York. However, given the abundance of low-cost electricity дальше »
2018-7-13 03:13 | |
Some Aren’t Optimistic about Bitcoin despite the Cryptocurrency Miners Promising Opportunities
Cheap rental prices and inexpensive electricity have driven cryptocurrency miners to the seaside city. While cryptocurrency miners have long worked in places like China and Scandinavia, many are setting their sights on other parts of the world. дальше »
2018-7-8 15:37 | |
Kaspersky Warn Of The Potential Damage Caused By Mobile Miners
With more and more instances of malicious mining attacks, people are failing to recognise the problems that can be caused by this sort of activity. Often, these sorts of attacks can be seen as harmless, at the end of the day, they simply just utilise a small amount of your computing power, right? Whilst this may be the case, often, there is a great deal of principle that needs to be considered here. дальше »
2018-6-29 17:30 | |
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 | |
Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t
Recent Bitcoin block data shows that Bitcoin’s mining pools BTC. com, AntPool and ConnectBTC, respectively mined about 25. 7 percent, 16. 1 percent and 0. 2 percent of all new blocks over the past week. дальше »
2018-6-29 23:07 | |
Quebec electricity price hike: Crypto miners must pay up to 3 times the current rate
Japan Confirms Entrance Into the Crypto Space Price Hike for Crypto Miners Quebec, a province in eastern Canada, offers one of the lowest power rates in North America. Quebec has been trying to attract crypto miners with its inexpensive electricity and cold winters, as news. дальше »
2018-6-23 07:32 | |
Quebec Hikes Electricity Price: Crypto Miners to Pay up to 3 Times Current Rate
The Canadian province of Quebec has reportedly decided to charge cryptocurrency miners up to roughly three times the current price after they flooded utility Hydro-Quebec with requests for mining operations. дальше »
2018-6-23 05:40 | |
Quebec Raises Power Tariff for Cryptocurrency Miners
Quebec province has decided to raise the power tariff for cryptocurrency miners in the region. The policy will apply to all miners until the province finds an alternate solution to feed the power-hungry industry. дальше »
2018-6-22 21:43 | |
Hydro-Quebec Increments Power Costs by 300% for Bitcoin Miners
The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners. As a result of this uneasy situation, the regulator will allow Hydro-Quebec to raise its electricity prices. дальше »
2018-6-22 08:49 | |
Under New Rules Quebec Crypto Miners Will Be Required to Bid for Electricity
Under new rules, Quebec crypto miners are required to bid for power and quantify the jobs and investment per megawatt that they will generate
дальше »2018-6-22 01:34 | |
Under New Rules Quebec Crypto Miners Will Be Required to Bid For Electricity
Under new rules, Quebec crypto miners are required to bid for power and quantify the jobs and investment per megawatt that they will generate
дальше »2018-6-22 01:34 | |
Crypto Miners Embrace Cheap Power in Europe’s Poorest Country
In Kosovo, Europe’s poorest country, there are few job opportunities for a population of which 50% are under 25 and most adults in the country wish to go abroad to work away from rampant corruption and cronyism. дальше »
2018-6-19 12:30 | |
Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO
Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value. дальше »
2018-6-11 01:34 | |
Bitcoin Miner Aspires to Launch Largest Crypto Mining Facility in the U.S.
Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York. дальше »
2018-6-11 01:16 | |
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