Economist Alex de Vries, who published an article on “Bitcoin’s Growing Energy Problem,” yesterday, May 16, in scientific journal Joule, told the Independent that Bitcoin (BTC) mining will use 0.5 percent of the world’s energy by 2018.
The second largest crypto-mining hardware vendor in China to launch an Initial Public Offering in Hong Kong.
Two organizations have come up with the plan to partner in the creation of a Blockchain mining system which will cost them $190.
According to the regulations initiated in Japan, the entire world has been following suit. This was initiated after the $500 million Coincheck hack in Japan which is a Japan-based cryptocurrency exchange.
Russian Bitcoin miners will switch off their equipment for one hour to observe the crypto hour
Plattsburgh in the United States becomes the first town to enforce an 18-month prohibition period on cryptocurrency mining operations.
Bitcoin Mining Might be Less profitable Due to Fall in prices: This is According to Fundstrat’s Tom…
According to Tom Lee, miners have been mining a single Bitcoin for around $8,038 total cost. The same coin sells at $8,221. Therefore, this business is not profitable and might stop soon. However, those using renewable energy can cut the…
Plattsburgh will not allow new Bitcoin mining companies until it solves electricity problems
An illegal mining farm has been discovered in Russia
The static was caused by a culprit using the Antminer s5 Bitcoin miner which affected the frequencies assigned to T-Mobile broadband network. He was sent a notice to stop using the miner as this would attract fines.