2020-11-14 16:19 |
Corpoelec, the Venezuelan state power company, has cut power to bitcoin mining equipment, according to a local miner. As a result, mining farms scheduled a meeting to negotiate with the government.
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According to recent reports, a crypto YouTuber and his former girlfriend face serious allegations in a recent lawsuit filed by a Minnesota power company. The lawsuit alleges that the couple attempted to bribe employees to upgrade a Bitcoin (BTC) mine that was allegedly stealing a significant amount of electricity. Accused Of Power Theft To Fuel […]
2023-12-5 07:00 | |
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Bitcoin [BTC] mining activities plummeted since complaints of excessive power demand followed the process. This same power generation demand was what led to the block difficulty reaching a new high eaThe post Bitcoin miners revive blocks but there’s a ‘power tussle’ in play appeared first on AMBCrypto.
2022-9-1 03:30 | |
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An interest in power decentralization and freedom is pushing U.S. senate candidate Morgan Harper to learn more about Bitcoin.
2021-12-15 23:29 | |
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While the state is eager to become the global hub for Bitcoin mining operations, residents are concerned that the power grid will not be able to handle the load.
2021-11-23 07:01 | |
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The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf's Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana.
2020-10-13 17:18 | |
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Bitcoin’s price is on the upswing, and so is the computing power securing the network as a once-in-four-years event known as the halving approaches.
2020-4-29 23:52 | |
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Greenidge Generation, an upstate New York power plant that's using proprietary facility to mine bitcoin, has sold up to 30 percent of its computing power to institutional buyers.
2020-4-11 12:00 | |
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A Chinese bitcoin miner from Shanxi province has been jailed after admitting to the theft of 104,000 yuan ($15,000) worth of electricity from a train network. Cheap Day Return Obviously, stealing that much power would take an awful lot of train travel.
2018-10-11 20:00 | |
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It only takes a few minutes for Bitcoin to lose $200 and that’s exactly was happened today. Not only has Bitcoin crashed earlier today but it took the whole market down with it including Ethereum, XRP, Monero, Stellar and so on.
2018-10-11 17:30 | |
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Bitcoin Press Release: Cryptassist announce details of their soon-to-end Token Sale, which will fund their Platform. Cryptassist simplifies the day to day use of cryptocurrency to truly make cryptocurrency ready for mass adoption, and has raised over $37m to date.
2018-10-11 09:12 | |
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Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation.
2018-10-11 00:29 | |
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Is it Currently Worth to Mine Litecoin (LTC)? Cryptocurrency mining activities have been very profitable in different occasions. Users were able to earn extra income and at the same time make the network more secure.
2018-10-10 21:20 | |
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The pursuit for cryptocurrency adoption seems to focus on three major cryptocurrencies, Bitcoin, Bitcoin Cash and Litecoin. Indeed, this isn’t to disregard the likes of XRP and Stellar, both of which also provide a solid use in mainstream society, however in terms of worldwide societal adoption, Bitcoin, Bitcoin Cash and Litecoin tend to be the go-to currencies.
2018-10-10 16:30 | |
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China has played a critical role in the crypto markets for several years now. A new paper written by academics from Princeton University and Florida International University suggests that China’s growing influence over Bitcoin’s key infrastructure has given the Chinese government the ability to heavily shape, or even destroy, Bitcoin.
2018-10-10 10:00 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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Ripple has been making headlines for the past few weeks and is still making a push for the number two spot on the top 100 cryptocurrencies according to CoinMarketCap. In the last month, it took over for a short time but slunk back into the third spot on the chart.
2018-10-10 23:00 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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The Perlin network is helping to utilize the spare computing power of millions of computers, phones, and other devices. This will be the first practical decentralized privacy-preserving cloud network.
2018-10-9 20:49 | |
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You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF).
2018-10-9 20:10 | |
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Although the Chinese regulatory bodies have maintained their distance from cryptocurrencies, it has not deterred the people in the country from partaking in the promising crypto mining industry – as a Chinese man was recently sentenced to 3.
2018-10-9 15:00 | |
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A Chinese court has sentenced a local resident to three and a half years in prison and a fine of about $14,500 for stealing power from a train network to run his Bitcoin mining gig.
2018-10-9 14:38 | |
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What Is FlyMining? FLYMINING is a cloud-mining farm that is completely eco-friendly and offers cloud-mining facilities in a clean and transparent manner. The farm consists of three 20ft. containers that have more than five hundred and forty mining machines, which provide a total hash power of almost seven Petahashes per second—the fastest so far. The FLYMINING […]
2018-10-9 09:01 | |
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A damning new study has suggested China holds threatening influence over Bitcoin – and perhaps even the ability to attack and ultimately destroy the entire Bitcoin network. Academics from Princeton and Florida International Universities have explored how China “threatens the security, stability, and viability of Bitcoin” with its “political and economic control over domestic [cryptocurrency] activity […] [and] internet infrastructure.
2018-10-8 19:07 | |
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I’ve heard some pretty innovative ways to avoid the electricity bill while mining cryptocurrency, but this is a new one. A Chinese man has been stealing electricity from a local railway network operator in order to power his Bitcoin mining rigs.
2018-10-8 15:45 | |
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Five years after the closure of the Silk Road, bitcoin has changed dramatically. No longer does society see it as an underground currency used by addicts, dealers and pornographers. Today it is the third pillar of futurism alongside Virtual Reality and Artificial Intelligence.
2018-10-6 22:25 | |
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OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice.
2018-10-5 23:57 | |
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This article about the Dapp Revolution was written by Heidi Yu. Heidi is a serial entrepreneur, influencer, marketing evangelist, and AI enthusiast. Heidi founded Boosto. io, a decentralized app store that returns power to creators and makers.
2018-10-5 22:30 | |
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The US Federal Court has ruled that virtual currencies (like Bitcoin) are commodities – like coffee or oil. The judgement comes as part of a wider commodities fraud case, involving an (allegedly) illegitimate cryptocurrency called My Big Coin (MBC).
2018-10-4 13:04 | |
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Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.
2018-10-4 20:51 | |
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We all dream of the day we can buy a coke (or other cola flavoured soft drink) through the power of the lightning network. Wouldn’t it be great if we could swap a few satoshi’s for a nice cold glass of coke? Well, now, thanks to the creative mind of Ricardo Reis, a hardware hacker from Spain, you can do just that.
2018-10-2 08:00 | |
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Agencies of the United Nations are adopting the power of distributed ledgers. The latest among them is UN Women and World Food Programme (WFP). The two will work together to use a blockchain-based solution to assist Syrian refugee women who work in the UN Women’s cash for work programmes.
2018-10-2 17:49 | |
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Opening new frontiers to a world that runs on safe and sustainable power, the ELONCITY model of AI Grid Foundation provides reliable and affordable energy to all. In a recently closed funding round, the project received $20 million in investment from several prominent companies, venture capitalist firms, and private investors.
2018-10-2 17:19 | |
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In 2009, with the release of the first bitcoin, the world reckoned a new era in technology. An era that focussed on returning the power back to the user from the facilitators and the removal of central points of control.
2018-10-1 10:43 | |
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Cryptocurrency mining has in many respects become an industrialized business. But despite the concentration of hashing power, the increasing difficulty and diminishing returns, in some cases it can still be profitable to mint coins as an amateur miner, probably the most honest way to earn some digital cash.
2018-10-1 03:10 | |
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At press time, bitcoin’s price is unchanged from yesterday, and the father of crypto is still trading for just under $6,600. Head analyst at Fundstradt Tom Lee is back in the news again. Lee has often touted bitcoin’s power throughout 2018, claiming the currency could spike all the way to $20,000 by the year’s end.
2018-10-1 23:28 | |
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Canaan Creative has decided to upload the specifications of its latest miner launched to the market, the AvalonMiner A921. This Bitcoin ASIC miner should be soon available for users to purchase it. The first model A921 will be delivering 20 THS with 1700 watts of power usage. The hash rate can have a small variation […]
2018-9-30 10:55 | |
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At press time, the father of cryptocurrency is back up at $6,600. This is $100 higher than where it stood yesterday and about $300 higher than where it was at the beginning of the week. Thus far, the currency seems on the rise again, and many are wondering if the bears are losing their footing.
2018-9-28 23:35 | |
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Wars have been started and peace agreements signed, all over money-either a lack of it or the desire to control what’s valuable. Now, many people, including government leaders, understand that Bitcoin and cryptocurrency are valuable, and they know this new kind of money isn’t going away.
2018-9-27 21:30 | |
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Cryptojacking, an attempt to use a device’s spare computing power to mine digital currencies, is gaining ground ever since crypto assets started getting mainstream acceptance. Researchers from China’s Fudan University and Tsinghua University collaborated with the University of California Riverside to produce the first systematic study of these attacks.
2018-9-27 17:59 | |
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Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape.
2018-9-26 02:13 | |
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Bitcoin Press Release: Mobile virtual network operator Miracle Tele has released details of its’ ongoing Token Sale, where funds raised will be used to create a decentralized mobile network services that disrupts the mobile network industry, and hand power back to the consumer.
2018-9-25 20:09 | |
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Global Bitcoin mining operations have been reported to consumer enough energy to power an entire country. BTC mining has also been calculated to consume enough energy to power all the global electric cars for one year.
2018-9-25 11:33 | |
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Iceland has been a hotbed for bitcoin and other cryptocurrency miners due to its very cold climate and the availability of cheap power supply. However, 2018 has seen a shift of interest from bitcoin mining to core blockchain ventures in the country, partly due to the slump in the price of bitcoin, reported Red Herring on September 23, 2018.
2018-9-25 09:00 | |
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Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time.
2018-9-25 23:59 | |
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Canada’s largest cryptocurrency mining operator has been threatened with having its power cut off. Due to growing environmental concerns, Hut 8’s Bitcoin operation in Medicine Hat is to be one of the first to go in case of intense heat waves, CBC reports.
2018-9-24 14:02 | |
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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.
2018-9-24 13:00 | |
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The Reserve Bank of India has filed an affidavit with the country’s supreme court in response to one of the petitions against its crypto banking ban. The central bank reportedly argues that it has acted within its power and that none of the petitioners have shown reasonable grounds for the supreme court to intervene.
2018-9-24 02:25 | |
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Altcoins may come and go; hacks may challenge exchanges; mainstream financial advisors might not get it — but even in the face of a protocol bug, Bitcoin perseveres and develops.
2018-9-22 19:33 | |
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The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 10, Part 5 Crypto-Idealism is the Future that Crypto-Statists Need to Defame by Wendy McElroy [A]ll those who used their knowledge in a bid to enact social change saw cryptography as a tool to enhance individual privacy and to shift power […] The post Wendy McElroy: Crypto-Idealism Is the Future That Crypto-Statists Need to Defame appeared first on Bitcoin News.
2018-9-23 18:00 | |
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Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether…
A recent report from Chainalysis illuminates this grassroots crypto adoption across Latin America. Brazil, Argentina, and Mexico have emerged as leaders.
A Venezuelan oppositioner Leopoldo Lopez praised crypto as a tool to overcome censorship but also addressed its dependency on corrupted banks. As Venezuela struggles with a humanitarian crisis, crypto has become a vital tool for many Venezuelans seeking to preserve…
Nicolas Maduro, Venezuela’s president, has decided to restructure and reorient the National Superintendency of Crypto Assets. The decree was issued in March of this year. The reorganization of the crypto asset department will be headed by the new board, led by Anabel Pereira Fernandez, a lawyer who has served as president of the Fondo de […]
The accounts of consumers with connections to cryptocurrency trading, particularly those connected to peer-to-peer (P2P) transaction activity, have caught the attention of Venezuelan banks.
Women in Latin America are showing an increased interest in Web3 as organizations aim to drive participation through educational content and scholarships.