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Iranian IT minister urges government to regulate bitcoin mining

Mohammad Javad Azari Jahromi, the country’s Information and Communication Technology Minister announced the need for a regulation on Bitcoin mining activities in the country. The news was reported by a local news agency, which highlighted a surge in the country’s power consumption due to increased mining activities in recent times. дальше »

2019-7-7 14:00


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Iranian Authorities Impound 1,000 Bitcoin Mining Machines

Power officials in Iran have seized 1,000 bitcoin mining machines in two abandoned factories turned into mining farms in the central province of Yazd, Iran. The officials claim the cryptocurrency mining equipment was seized because their operators illegally made use of government-subsidized electricity, according to a Tech2 report on June 28, 2019. дальше »

2019-6-29 01:00


Research suggests Bitcoin mining’s carbon dioxide emissions are comparable to Las Vegas, Sri Lanka

Bitcoin’s rising popularity can be attributed to its recent bull run following which, the world’s largest cryptocurrency briefly breached the $9000 mark. At the same time, the cryptocurrency has been plagued with several criticisms from various quarters, one of which is the environmental impact of BTC mining. дальше »

2019-6-14 12:00


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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »

2019-5-29 18:53


Bitcoin [BTC] and Ethereum [ETH] mining difficulty predicted to rise by double digits, claims report

The cryptocurrency market’s rapid movement towards mainstream adoption has been an ongoing process, with several factors like mining and hedging coming into play. The cryptocurrency market’s bear run, which is the longest in its recorded history, has not managed to cull the interest among users who wish to delve deeper into the functionalities of the […] The post Bitcoin [BTC] and Ethereum [ETH] mining difficulty predicted to rise by double digits, claims report appeared first on AMBCrypto. дальше »

2019-5-1 21:30


BetterHash Can Improve Bitcoin Mining Decentralization, But When?

The level of centralization in mining is one of the more credible problems with Bitcoin today. While there has not been much activity in terms of actual attacks made possible through mining centralization (although some would refer to SegWit2x as an attack), it does add questions to the level of security offered by various layer-two […] The post BetterHash Can Improve Bitcoin Mining Decentralization, But When? appeared first on Coinjournal. дальше »

2019-3-12 16:15


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Bitcoin Mining Getting More Decentralized As Bitmain Loses Dominance

Bitcoin mining has become so decentralized that six transaction confirmations now provide “complete protection” against double spending. Data: Mining Monopolies Dwindling That was the conclusion drawn among social media commentators analyzing the latest statistics about the Bitcoin mining industry, which as of January 16 showed no single pool controlling more than 11. дальше »

2019-1-18 20:00


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New Report Finds 80% of Bitcoin Mining Running on Renewable Energy

A new report from CoinShares into Bitcoin mining suggests the practice is likely loss-making for the majority of miners at current prices. Average Miner ‘Running At A Loss’ In a ‘whitepaper’ which received high praise from cryptocurrency figures, CoinShares examined various facets of mining, which has seen increased prominence in recent weeks as Bitcoin price dropped to lows of $3500. дальше »

2018-12-1 00:00


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No, Lower Bitcoin Price Won’t Start a Mining ‘Death Spiral’

A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it says will be “the world’s largest cryptocurrency mining center and global exchange. дальше »

2018-11-26 14:00