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Bitcoin Mining Council Launches, Aims to Correct BTC Misconceptions On Energy Use

The Bitcoin Mining Council (BMC), a coalition of miners and public companies, held its first formal meeting on Wednesday with MicroStrategy CEO Michael Saylor as convener. The Council aims to counter the misinformation about Bitcoin amid a growing debate over the amount of energy used in mining the cryptocurrency. дальше »

2021-6-18 15:35


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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum

Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »

2021-6-9 13:03


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Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn […] дальше »

2021-6-1 15:30