How Cryptocurrency Mining Could Help to Minimize Energy Wastage

How Cryptocurrency Mining Could Help to Minimize Energy Wastage
фото показано с : btcmanager.com

2018-9-24 13:00

Concerns regarding the carbon footprint of the cryptocurrency mining industry continue to grow after it came to light that the power required to run the Bitcoin network exceeded that power consumption of entire countries.

However, in an exciting turn of events, the World Economic Forum is now postulating that cryptocurrency mining could become the new face of efficient energy use. . . The post %%POSTLINK%% appeared first on %%BLOGLINK%%. .

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Germany: Six Arrested in Illegal Crypto Mining Operation

German police have arrested six members of a mining ring who were making use of stolen electricity to mine currency since 2017, as reported by Freie Presse, February 6, 2019. Hijacked Power While people around the world enjoy using cryptocurrency, the actual process of mining crypto is quite tedious and more importantly, expensive, particularly inRead MoreRead More.

2019-2-9 06:00


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Japanese IT Giant GMO Quits Selling Crypto Mining Equipment after Market Slump

Per a report published on December 25, 2018, Japanese internet giant GMO has decided to call off their business of manufacturing and selling cryptocurrency mining machines. Market Slump to Blame for Declining Profits According to the report, GMO’s in-house mining business profitability took a major beating due to the declining cryptocurrency prices.

2018-12-28 09:00


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Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again

In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page […] The post Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again appeared first on Bitcoin News.

2018-6-12 16:24