News about Bitcoin

by COINS NEWS - 2 years ago

Bitcoin miners are cooperating with Texan authorities to help alleviate the state’s energy grid in anticipation of a heatwave; over 1,000 megawatts worth of power allocated for Bitcoin mining is being redirected towards retail and commercial use.

You’re missing the actual point here, Cardano can’t help Texas but Bitcoin can. Because normally power companies will only build enough capacity that they can sell most of the power they generate. But in a massive heatwave you need more than 100% of...

More / Bitcoin Reddit - 2 years ago

How can bitcoin evade censorship and bans?

It's not really about censorship of Bitcoin. It's about: Banking rails connected to the state that you are trying to leave. Accepting Bitcoin for your good or service without the state finding out. The broader economy in a state will never be...