Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a…
Browsing: Bitcoin Mining
Bitcoin and crypto remain vulnerable to volatility amid the current geopolitical uncertainty. Despite the heavy sanctions, the Ruble-denominated crypto activity has been on a decline. After its early week pump…
Russia and Ukraine are reportedly at the brink of war – an event analysts say will make significant strikes at the crypto market. Digital currencies like Bitcoin have been pivotal…
Bitcoin mining firms relying on carbon credits rather than ESG-compliance have an impending doom, according to celebrity investor Kevin O’Leary. Investors should dump stakes in these companies, looking instead to…
Bitcoin faces yet another brutal correction as changing macroeconomic trends puts pressure on the crypto market. Bitcoin is down 40 percent from its all-time high hitting a new five-month low.…
Block, formerly Square payments firm, has laid out plans for a Bitcoin mining system, in line with its recently announced blockchain venture. The company will address various miner pain points…
A US Congressional subcommittee plans to hold a hearing in the near future to examine the environmental impact of crypto mining, sources say. The hearing was fueled by recent events…
Thai tech company Jasmine Technology has seen its stock shoot up nearly 7,000 percent year-to-date after venturing into Bitcoin mining. Despite speculations on tougher crypto regulations in the country, the…
Ripple executive Chris Larsen has told Bitcoin miners that moving to the PoS could be a “net positive” in the long term. He proposes a plan as to how the…
The Bitcoin Mining Council (BMC) has produced a report contesting the mainstream media narrative of BTC mining being energy extensive and environmentally unfriendly. BTC mining takes up 0.12 percent of…
Binance crypto exchange has announced that trading in Chinese Yuan will cease completely by the end of the year. Chinese authorities unearth a crypto-linked money laundering scam involving over $150…
Republican senator Rafael Edward “TED” Cruz mentioned that gas “flared” energy produced in Texas could be a perfect alternative source of energy for Bitcoin mining. The only known challenge is…
El Salvador commences Bitcoin mining with volcanic energy. President Nayib Bukele reveals that the Chivo wallet sees 180 new users every minute. El Salvador is continually bullish on Bitcoin as…
Kazakhstan, one of the world’s Bitcoin mining hotspots, may cut down on Bitcoin mining due to blackouts. The nation is one of the largest energy producers, however, its energy sources…
By 2030, Bitcoin energy expenditure and carbon emissions will be 0.4 percent and 0.9 percent of global figures says Researchers. BTC consumes less electricity than all US refrigerators combined, but…
Aramco has in a statement denied that it is looking to get into the Bitcoin mining business, the oil producer claimed that the reports are “completely false and inaccurate.” Its…
Tesla will accept Bitcoin payments as soon as 50 percent of Bitcoin mining shifts to renewables. Apart from Tesla, Elon Musk’s SpaceX also holds BTC independently. On Wednesday, July 21,…
Venezuela has opened the first-ever Bitcoin mining museum in its capital, Caracas. The museum will also feature a model mine to teach the public about the Bitcoin mining process. A…
New York residents are divided over a Bitcoin mining farm that some claim is ruining their town while others claim it’s creating employment. Some residents have pointed out that the…
El Salvador has hundreds of megawatts of untapped geothermal energy potential. Bukele has revealed his plans to fully utilize the country’s volcanic geothermal energy of which a lot is transported…