China calls crypto mining 'extremely harmful,' but not for this reason

Why does China hate crypto mining? It's a question many have asked, but the answer isn't what one would expect. Turns out, as some analysts suspected, it might not be about the coin at all. Answers fThe post China calls crypto mining 'extremely harmful,' but not for this reason appeared first on AMBCrypto.

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Saudi Aramco, Gazprom, ExxonMobil Move Into Bitcoin Mining

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While Bitcoin Energy Concerns Grow, Nobody Discusses the Carbon and Military Violence Backing US Dollars

This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been saying that concerns over the Bitcoin network’s energy supply are absurd, in contrast to the carbon used and the military violence that backs a number […]

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Over 70% of all Bitcoin Mining Happens With Renewable Energy

Bitcoin mining is widely considered to be harmful for our planet’s ecosystem. A new report by Coin Shares tells a different tale, as most of the mining efforts hinge on renewable energy sources.

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New Research Shows That BTC’s Carbon Footprint Is Lower Than Expected

A new research piece published by The New Scientist, a prominent science magazine, has pointed out that Bitcoin (BTC) mining might not be so harmful to the climate as it was thought before. The study, which was made by Massimo Pizzol and Susanne Kohler at the Aalborg University in Denmark, criticized some notions that BTC’s […]

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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful

Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region.

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Booze and Bitcoin Mining – Why Violent Prohibition Is Always Harmful

Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region.

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China bans mining? And Bitcoin (BTC) soars to $ 6000

The Chinese government is considering banning mining as an activity harmful to the economy. Consideration ends today. It was first announced on April 8th. The Corn since that time has paradoxically increased by 17%, from $ 5,100 to more than $ 5,950.

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We are thinking about Bitcoin’s energy usage in all the wrong ways

Global warming is certainly one of the humanity’s greatest challenges. For decades, public opinion has held heavily industrialized nations accountable for the damage done to our planet. In the quest to preserve Earth, it has become en vogue to critique Bitcoin mining for its high energy use and potentially harmful impact on the environment.

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How Bitcoin Mining Could Become An Activity For The Crypto Bourgeois

Bitcoin mining was once an activity for techies. An activity that made the most of powerful computing rigs in order to mine and develop a currency which could be used to hide away from the ruling class.

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Op-Ed: Challenge of Mining Centralization Unveils Bitcoin’s Elegant Design

Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away.

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