Bitcoin News / Bitcoinist - 2 years ago
Currently, the pressure to suspend cryptocurrency and Bitcoin mining in the United States is gaining force in New York as the New York environmental agency evaluates the impact of crypto mining on the environment.
On Monday, the New York state senate...
Bitcoin News / Bitcoinist - 2 years ago
The road to a green bitcoin continues. This time, it’s with an idea so wild that it just may work. It arrives via a whitepaper titled “Greening Bitcoin With Incentive Offsets” by Troy Cross and Andrew M. Bailey. Did they find a way to align the proto...
Cryptocoins News / The Cointelegraph - 2 years ago
For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of six consecutive positive difficulty adjustments, in which the mining difficulty and hash rate hit a...
Cryptocoins News / Blockchain - 2 years ago
Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative to bypass sanctions.
Nevertheless, Russia might...
Cryptocoins News / The Cointelegraph - 2 years ago
A New York state proposal to suspend fossil fuel-powered proof-of-work (PoW) mining for three years across the state has gained support from two more assembly members.Members Amy Paulin and Ken Zebrowski have thrown their names in along with 43 other...
Cryptocoins News / NewsBTC - 2 years ago
Intel played a big role in President Biden ’s State of the Union address. He highlighted the company’s plan to manufacture semiconductor chips in Ohio, and said, “Make more cars and semiconductors in America. More infrastructure and innovation in Am...
More / Bitcoin Reddit - 2 years ago
The Economy of Bitcoin Mining, How it Will Tremendously Benefit Renewable Producers, Our Climate, and Might Make You RichThe problem:Right now renewable energy sources have a problem, the rate in which they produce energy is sporadic often resulting...
Cryptocoins News / NewsBTC - 2 years ago
The China bitcoin mining ban that took place mid-last year was no doubt a heavy blow to the space. It saw the hash rate from the region which was once termed the mining capital of the world crumble to almost zero as miners had to shut down their ope...
Bitcoin News / Bitcoin.com - 2 years ago
With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the e...
Cryptocoins News / Blockchain - 2 years ago
Amsterdam-based Bitcoin () mining company Bitfury has announced the launch of a new data centre in Sarnia, Ontario, with an initial energy generation capacity of 28 MW.
As detailed in a shared by the company, the new facility will commence operati...
Bitcoin News / Bitcoin Stack Exchange - 2 years ago
blockchain.info - what bitcoin mining means - Bitcoin Stack Exchange
Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only takes a...
Cryptocoins News / The Cointelegraph - 2 years ago
At first glance, the pint-sized Republic of Georgia is an unlikely suspect for Bitcoin (BTC) mining activity. An underdog for mining, the country boasts abundant hydropower while ranked seventh worldwide for the World Bank’s ease-of-doing-business in...
Cryptocoins News / The Cointelegraph - 2 years ago
Computer chip manufacturing giant Intel Corporation has shared details of a new mining chip that will be coupled with a high-performance 3,600-watt miner with the ultimate goal of improving Bitcoin (BTC) mining efficiency. Intel revealed its second-g...
Cryptocoins News / NewsBTC - 2 years ago
What is Intel ’s Pat Gelsinger doing? Who is he talking to while promoting Intel’s new bitcoin mining chips? In a recent Bloomberg interview, Gelsinger uses every ESG buzzword in the book to promote their “energy-efficient ASIC chip.” Is this the ri...
More / Bitcoin Reddit - 2 years ago
I’d like to first add that I don’t know much about Bitcoin mining but I’m learning. My husband has been investing for several years and I was skeptical at first.He has always talked about how he’d love to Bitcoin mine on a small scale. Around Decembe...
Cryptocoins News / The Cointelegraph - 2 years ago
International oil and gas giant ConocoPhilips is dipping its toes into Bitcoin (BTC) mining as a way to eliminate the wasteful practice of flaring.According to a report from CNBC, the company is currently operating a pilot scheme in the oil-rich regi...
Cryptocoins News / NewsBTC - 2 years ago
Bitcoin mining stocks have drastically collapsed since November following the effect of the hashrate’s 23% growth and bitcoin’s downtrend on the miner’s rewards.
Mining Stocks Sharp Decline
Arcane Research data shows that the largest bitcoin mining...
Cryptocoins News / The Cointelegraph - 2 years ago
While the Russian government continues to work out a regulatory regime for digital assets, a federal ministry has made another proposal regarding the crypto mining industry.Russia’s Ministry of Economic Development has greenlighted the concept of cry...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin miners are helping oil companies cut flaring by using generators running on natural gas that would otherwise be burned. It's a controversial topic in the block...
Cryptocoins News / The Cointelegraph - 2 years ago
Large-scale miners are the dominant players in Bitcoin (BTC) mining — we should know because we are one. Having scaled up from a set of mining rigs in my dorm room, our team at Genesis Digital Assets has grown to over twenty industrial-scale mining f...
Cryptocoins News / The Cointelegraph - 2 years ago
All things have their humble beginnings; in 2010, the first Bitcoin (BTC) mining project was created in Prague, Czechia, and was simply called Bitcoin.cz. Soon afterward, founder Mark "Slush" Palatinus decided to move on to other ventures, such as cr...