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2021-8-21 15:17

One of the benefits of bitcoin and other cryptocurrencies is their decentralized system. They have no central authority, and you can earn passively through a process called Mining. Mining, which is also called ‘proof of work,’ is a consensus mechanism that requires users to guess a random number.

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Фото:

U.S Senator Spots Major Loophole Following China’s Bitcoin Mining Crackdown, But Will The U.S Tap In?

Cynthia Lummis, a US senator representing Wyoming recently took to Twitter to express her opinion on the recent developments with China-based miners, who have relocated. She called the actions of the Chinese government a serious mistake, while also noting that their actions are a huge opportunity for the USA, that is if more people in […]

2021-7-1 00:05


TeraWulf Signs Purchase Order for 30,000 Bitmain Antminer S19j Pro Bitcoin Mining Machines

Bitcoin mining firm TeraWulf has signed a purchase order of 30,000 mining machines from the largest Bitcoin machine producer Bitmain. Mining Machines To Be Delivered In 2022 The mining machines, called the Antminer S19j Pro, will be delivered from January to June 2022 according to the announcement released by Bitmain.

2021-6-30 19:06


Burstcoin was the real green alternative until Chia Network raised $69.7M on a concept of Proof of Capacity

The two biggest consensus mechanisms known in the crypto universe are Proof-of-Work and Proof-of-Stake, created by Satoshi Nakamoto and Sunny King(PeerCoin), respectively. Since creating these mechanisms to support the underlying technology of blockchain, there have been many other alternatives to reduce energy consumption and introduce a new method of mining using hard disks called Proof-of-Capacity, […] The post Burstcoin was the real green alternative until Chia Network raised $69.

2021-5-27 15:00


Фото:

Market Bloodbath Continues as Chinese Government Mulls Banning Bitcoin Mining Activities

The Chinese government has doubled down on its anti-cryptocurrency regulations. Recent reports reveal that government officials called for a crackdown on bitcoin trading and mining activities. Another China FUD? In a meeting held on Friday (May 21, 2021), the Financial Stability and Development Committee of the State Council, headed by Liu He, vice Premier ofRead More

2021-5-22 01:00


Фото:

Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%

On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations, and will add over an exahash of hashrate to Mawson’s mining facilities. Canaan […]

2021-4-22 17:30


PayPal co-founder invests in renewable energy-focused bitcoin mining facility

PayPal co-founder Peter Thiel recently made an investment into renewable energy centered Bitcoin mining facility called Layer 1 based in San Fransico. The firm revealed that it has raised $50 million from Series A funding rounds which attracted investment from Peter Thiel, Shasta Ventures, venture capital company Digital Currency Group and many other undisclosed investors.

2019-10-20 10:40


Фото:

French cyber-cops shut down Monero-mining botnet that infected 850,000 computers across 100 countries

Authorities in France say they have shut down a cryptocurrency mining botnet that had infected more than 850,000 computers across 100 countries. France‘s “cybergendarmes” or more formally, the C3N digital crime-fighting center was alerted to the potential fact that a server based in Paris had been distributing a virus called Retadup, BBC reports.

2019-8-29 10:32