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Renewable Energy Keeps Bitcoin Miners Afloat

A recently-published report suggests that more than three-quarters of Bitcoin (BTC) mining activity relies on cheap renewable energy in order to remain financially viable. The report, issued by the cryptocurrency investment firm CoinShares, reprises the points which the company’s researchers made last May, and again in November: that a significant amount of mining activity is […] The post Renewable Energy Keeps Bitcoin Miners Afloat appeared first on Crypto Briefing. дальше »

2019-3-1 20:33


Bitfury and Commons Foundation Partner to Launch Bitcoin (BTC) Mining Operations in Paraguay

Back in late November, Ethereum World News notified its readers of plans by the Commons Foundation to build the largest Bitcoin (BTC) mining farm in the world. Known as ‘the Golden Goose’ initiative, the project is meant to expand cryptocurrency and blockchain innovation in Spanish-speaking countries with its first project in Paraguay. дальше »

2019-2-4 15:36


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Swiss Court Orders Shut Down of Envion Cryptocurrency Mining Startup

Envion, a Switzerland-based startup that claims to make use of renewable energy in providing off-grid cryptocurrency mining, has reportedly been shut down by the cantonal court of Zug, in crypto-friendly Switzerland following an alleged illegal initial coin offering (ICO), according to a Handelsblatt Global report on November 28, 2018. дальше »

2018-11-30 18:00


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Solar Energy-Powered Mining and PoS Could Make Cryptocurrencies Environmentally Sustainable

One of the chinks in the armor of blockchain technology is its intensive energy consumption. However, a report by Harvard Business Review, published November 27, 2018, sheds light on some of the lesser, and even nil, energy-consuming alternatives that can pave the way for DLT to be the global disruptor as it is often deemed to be. дальше »

2018-11-28 20:00


Texas State Securities Board Enforces Emergency Action Against Dubious Crypto-Mining Company

The Texas State Securities Board issued on November 27 an “Emergency Cease and Desist Order” against a cryptocurrency mining and trading business, dubbed My Crypto Mine. ‘My Crypto Mine’ Promised Insane Guaranteed Profits The California-based My Crypto Mine was allegedly offering unregistered securities tied to cryptocurrencies in the state of Texas. дальше »

2018-11-28 15:59


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No, Lower Bitcoin Price Won’t Start a Mining ‘Death Spiral’

A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it says will be “the world’s largest cryptocurrency mining center and global exchange. дальше »

2018-11-26 14:00


Bitcoin Lightning Network load increases by 300% while mining hash rate drops by 50% since August

OKEX blamed for Bitcoin Cash market manipulation World’s second biggest exchange OKEX recently found itself in some hot waters, related to the November 15th hard fork of Bitcoin Cash. Several sources accused the exchange of market manipulation, due to the fact that the exchange decided to change the settlement date of its Bitcoin Cash futures […] The post Bitcoin Lightning Network load increases by 300% while mining hash rate drops by 50% since August appeared first on CaptainAltcoin. дальше »

2018-11-23 00:10


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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan. дальше »

2018-11-21 20:00


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Bitcoin Mining Giant Bitmain Launches Data Center in Washington Despite Crypto Crash

World’s leading bitcoin mining hardware manufacturer, Bitmain has launched a new $20 million data center for cryptocurrency mining in the East Wenatchee area of Washington, United States, actively expanding its global digital assets mining operations despite the ongoing bitcoin price slump, reported  NW news network on November 18, 2018. дальше »

2018-11-21 16:00