How Bitcoin Mining Could Become An Activity For The Crypto Bourgeois

How Bitcoin Mining Could Become An Activity For The Crypto Bourgeois
фото показано с : cryptodaily.co.uk

2018-8-16 23:00

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.

An activity for a working class hero.

Now though, much like cryptocurrencies themselves, mining has become somewhat of a capitalist ideology. It’s a multi-million dollar business, one that promises to make the rich, richer.

As you know, cryptocurrency mining is very harmful to the environment.

Continue reading How Bitcoin Mining Could Become An Activity For The Crypto Bourgeois at Crypto Daily™.

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mining activity crypto bitcoin could bourgeois dollar

Источник: cryptodaily.co.uk

mining activity → Результатов: 18


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Bitcoin Hashrate Drops as China Floods Knock Out ‘Tens Of Thousands’ of Miners

Bitcoin network hashrate appeared to dip June 27, coinciding with reports floods in China had inundated and destroyed “tens of thousands” of miners.   Machines ‘Beyond Repair’ According to local Chinese media reports, the floods occurred principally in the country’s western Sichuan province, an area which accounts for around 70% of China’s mining output.

2018-7-1 19:00


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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.

2018-6-29 17:30


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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

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