2021-1-19 11:37 |
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate. origin »
|
Vespene builds infrastructure for municipalities to mine bitcoin, creating a new revenue stream and encouraging education in the Bitcoin ecosystem.
2022-8-11 15:00 | |
|
|
Gazpromneft, the third-largest oil producer in Russia, is partnering with Swiss-based bitcoin mining company BitRiver to mine bitcoin with excess resources.
2022-6-18 17:45 | |
|
|
Did you know the Bitcoin network is handled and kept up by a decentralized web of Bitcoin miners who… The post How Long Does It Take To Mine a Bitcoin? appeared first on Invest In Blockchain.
2019-4-22 11:24 | |
|
|
Right off the bat – you can’t mine a bitcoin. You can mine a block of bitcoins. Update June 7th 2018: The Bitcoin hashrate jumped nearly 5 exahash in the last 2 weeks alone. To put that gain in perspective, it took ~8.
2019-2-5 19:47 | |
|
|
Bitcoin mining is unquestionably a costly business, but Northern Bitcoin claims to have cut expenses by using a former metal mine in Norway. Innovation Station Bitcoin mining is unquestionably a costly business, both in financial and ecological terms.
2018-11-11 14:30 | |
|
|
As you probably know, the Bitcoin network is maintained by a decentralized web of Bitcoin miners. These miners use their computational resources to verify blocks of transactions and are rewarded for their service with newly minted Bitcoins.
2018-11-7 00:01 | |
|
|
Although the Chinese regulatory bodies have maintained their distance from cryptocurrencies, it has not deterred the people in the country from partaking in the promising crypto mining industry – as a Chinese man was recently sentenced to 3.
2018-10-9 15:00 | |
|
|
Chinese Miner Arrested After Stealing Electricity To Mine BTC Everybody wants the profit but not everybody wants to pay their electricity bills, right? Unfortunately, unless you are a certain Chinese man, you cannot get electricity for free and, even in his case, he ended up being arrested. The protagonist of this odd story is Xu […]
2018-10-8 22:10 | |
|
|
I’ve heard some pretty innovative ways to avoid the electricity bill while mining cryptocurrency, but this is a new one. A Chinese man has been stealing electricity from a local railway network operator in order to power his Bitcoin mining rigs.
2018-10-8 15:45 | |
|
|
OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice.
2018-10-5 23:57 | |
|
|
With more than 100 government websites hacked in September alone, security experts in India are in a race against time to identify more websites hosting malware that allows the unauthorized mining of cryptocurrencies, India Today reported on October 1, 2018.
2018-10-2 21:00 | |
|
|
On October 1, 2018, Sia Tech, took the controversial step of resetting the Sia Proof-of-Work (PoW) function to brick the Bitmain and Innosilicon hardware which came online to mine the native cryptocurrency of Sia.
2018-10-2 20:30 | |
|
|
Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited.
2018-10-2 17:27 | |
|
|
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018.
2018-9-28 23:08 | |
|
|
Cryptojacking, an attempt to use a device’s spare computing power to mine digital currencies, is gaining ground ever since crypto assets started getting mainstream acceptance. Researchers from China’s Fudan University and Tsinghua University collaborated with the University of California Riverside to produce the first systematic study of these attacks.
2018-9-27 17:59 | |
|
|
Litecoin is an early-stage altcoin developed by a former Google Engineer, Charlie Lee in October 2011. Lee wanted to create a cryptocurrency faster than Bitcoin and easily accessible, with the aim to process block in every two and a half minutes compared to ten minutes of bitcoin.
2018-9-27 17:00 | |
|
|
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.
2018-9-25 23:59 | |
|
|
Bitmain have announced the release of a new mining rig, specifically designed for the mining of Decred. Named the Antminer D3, the new rig will mine Decred at 7. 8 TH/s. The mining economy is sat within a spot of difficulty at the moment.
2018-9-24 15:30 | |
|
|
For well over a year, versions of Bitcoin Core — Bitcoin’s leading software implementation — contained a severe software bug. The bug was fixed with Bitcoin Core 0.
2018-9-22 21:22 | |
|
|
HashPlanet is a cloud-mining platform that aims at providing cryptocurrency miners with reliable and low cost Bitcoin mining solutions. The platform utilizes technologically advanced Antminer equipment to mine Bitcoin 24/7.
2018-9-21 18:56 | |
|
|
India is one of those few countries where the status of cryptocurrencies remains uncertain. Reserve Bank of India, the country’s central bank, has been adamant in its stance and does not want financial institutions to extend services in the crypto sector.
2018-9-21 17:49 | |
|
|
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.
2018-9-15 01:22 | |
|
|
Crypto, charity and cycling. It’s an unlikely triad, but two fitness enthusiasts-turned-crypto philanthropists believe that, taken in combination, the three can drive positive change.
2018-9-12 21:42 | |
|
|
As an emerging cog in the global digital economy, cloud mining offers a tool for enthusiasts to mine cryptocurrencies such as bitcoin without having to acquire hardware or other oft-required elements.
2018-9-11 16:09 | |
|
|
AntPool, one of the companies controlled by Bitmain, has decided to activate the so called AsicBoost. With this activation, the mining pool would mine Bitcoin in a more efficient way. The information has been revealed by the website AsicBoost Block Explorer.
2018-9-7 05:47 | |
|
|
The town of Ocean Falls in British Columbia, Canada, is set to become yet another example of a rejuvenated small town with a new crypto mining facility in town. A report on September 4, 2018, shows that after four long decades of little to nothing happening, the fortuitous presence of cheap hydroelectric power has attracted a bitcoin miner to town,...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.
2018-9-7 01:00 | |
|
|
Bitcoin mining giant has invested in immersion cooling technology as it’s competing to mine the remaining of the 21 million mineable bitcoins. The post Bitcoin Miner Bitfury Knows How to Make Cooling 95% More Effective appeared first on CoinSpeaker.
2018-9-7 00:43 | |
|
|
Craig Wright, the Australian computer scientist and self-proclaimed creator of Bitcoin, has once again found himself at the receiving end of a controversy of his own making. It all started with Wright lashing out at Bitcoin miners who are unable to mine even 32MB blocks.
2018-9-6 14:29 | |
|
|
With a population of fewer than 100 people, the small Canadian mill town of Ocean Falls sits dormant in British Colombia. Some think the Bitcoin mining boom could help reverse their economic fortunes.
2018-9-5 10:00 | |
|
|
What is bitcoin worth? That would seem like a fairly easy question, answerable by simply checking the top banner of this very page. But what gives it this value? That would seem to depend on who you ask.
2018-9-5 01:00 | |
|
|
A decommissioned mine in the Norwegian Fjords is alleged to have been converted into a data centre, designed to mine Bitcoin in an efficient and sustainable manner. It’s not the first time an old mine has been re-designed as a Bitcoin mine, there’s a very good reason for that too, old mines allow for the perfect environment for cryptocurrency mining.
2018-9-3 18:00 | |
|
|
Craig Wright, an Australian computer scientist and self-proclaimed creator of Bitcoin, took to Twitter Aug. 28 to state miners unable to mine 32 MB Bitcoin blocks deserve to “go bankrupt.” ‘Bitcoin Creator’ Speaks Out Needless to say, the broader cryptocurrency community was not amused with Wright’s comments, with some enthusiasts even highlighting that the “Faketoshi” […] The post ‘Faketoshi’ Craig Wright Fails Bitcoin Block Calculations appeared first on CryptoSlate.
2018-9-1 03:00 | |
|
|
Craig Wright, the Australian computer scientists and self-proclaimed creator of Bitcoin, has landed in a new controversy after tweeting August 28, that miners who can’t mine blocks of 32MB deserve to go bankrupt.
2018-9-1 00:00 | |
|
|
Where miners once stood to mine olivine, computer equipment has now taken centre stage. Located in the fjords of Norway is a former olivine mineral mine that began its operations in the late 1970s.
2018-8-31 15:17 | |
|
|
The world’s biggest Bitcoin mining pool is now set on dominating Ethereum. BTC. com, a subsidiary of cryptocurrency mining hardware giant Bitmain, has today released a new client specifically built to mine the Ethereum blockchain.
2018-8-30 15:00 | |
|
|
A tweet from Bitcoin’s self-proclaimed creator Craig Wright has got the entire cryptocurrency community turning to calculators. Wright took to Twitter to posit that cryptocurrency mining pools that can’t mine blocks of 32MB – which even a 56K modem could handle – “deserve to be bankrupt.
2018-8-29 18:14 | |
|
|
In several African nations, sending money to friends and family is difficult. Using bank accounts could be easy, but it takes days, sometimes even weeks, for transactions to clear. A new CNBC documentary is exploring the nuances of this emerging market and how exactly it is used to make the underbanked communities of the continent […] A South African Township Is Becoming the New Gold Mine for Bitcoin was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-28 21:28 | |
|
|
It takes 5 gigawatts a day to mine all the bitcoins according to Arvind Narayanan, a computer science professor at Princeton. In a recent testimony to the Senate Committee on Energy and Natural. .
2018-8-26 15:02 | |
|
|
Based on five-year-old research, Bitcoin enthusiasts and critics alike have often held that Satoshi Nakamoto originally mined some 1,000,000 bitcoin in the early days of the network.
2018-8-24 01:05 | |
|
|
Norwegian bitcoin miner Kryptovault is facing a shutdown of its operations due to extensive noise complaints from locals and a lack of proper paperwork. The company, which is headquartered in a former paper mill in Norway’s capital of Oslo, uses more than 40MW of power to drive an arsenal of nearly 10,000 computers.
2018-8-24 23:36 | |
|
|
Bitmain's New Antminer S9 Hydro Launched Bitmain launched the Antminer S9 Hydro earlier this month as a flagship product on its new water cooling mining machines. The Antminer S9 Hydro comes with the SHA -256 algorithm allowing users to mine compatible coins such as Bitcoin (BTC) and Bitcoin Cash (BCH). The device aims at providing […]
2018-8-23 22:31 | |
|
|
In recent news pertaining to cryptocurrency mining, Nvidia has witnessed a drop in its share price after announcing an unexpectedly modest earnings outlook – partly driven by reduced demand for mining hardware.
2018-8-17 20:30 | |
|
|
Genesis Mining is a popular cloud based Bitcoin mining platform that lets users mine for Bitcoin. Each user is placed on a contract, through which they are allocated provisions in order to be able to mine through the platform, differing platforms offer differing rewards but of course, the bigger the reward the more expensive the contract, therefore, Genesis Mining have had to make some cut backs in order to ensure that those on the big contracts still have access to the service, as a result of the collapsing value of Bitcoin.
2018-8-17 08:00 | |
|
|
On Wednesday, August 15, blockchain firm and mining organization Coingeek, led by entrepreneur Calvin Ayre, announced that the company has signed a deal with Canada-based Squire Mining Limited. Coingeek details the company will have exclusive rights to Squire’s new ASIC chips and mining rigs that mine bitcoin cash (BCH) and a variety of other cryptocurrencies.
2018-8-16 03:05 | |
|
|
Bitcoin mining was once an activity for techies. An activity that made the most of powerful computing rigs in order to mine and develop a currency which could be used to hide away from the ruling class.
2018-8-16 23:00 | |
|
|
Browser Based Coinhive Mines About $250,000 Worth of Monero (XMR) Coins Monthly Mining is the foundation of all blockchain-based digital coins. Altcoin, Monero, allows miners to use standard hardware to mine XMR.
2018-8-15 22:10 | |
|
|
Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet.
2018-8-16 21:58 | |
|
|
In 2018, the Bitcoin network alone will consume about 0. 5% of the world’s electricity. Smart mining can be the solution for Bitcoin and cryptocurrencies biggest problem. Crypto-gold rush After Bitcoin’s explosive growth in 2017, a fever similar to XIX century’s gold rushes embraced the world.
2018-8-17 11:27 | |
|
|
In March this year, the sky officially fell in for Bitcoin miners. With the slump in prices and the extraordinary energy consumption it takes to mine the coins, Fortune revealed that mining a Bitcoin cost as much as buying one.
2018-8-10 18:41 | |
|
|
Tether has announced the expansion of its USDT token to an eighth blockchain.
The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products.
This is the second bitcoin ETF approved to trade in Canada.
Geely will own 80% of the venture while Concordium will own the rest.
Gates has previously criticized cryptocurrencies and said he'd short bitcoin "if there was an easy way to do it."
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.
Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.