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As the Transition to Proof-of-Stake Nears, Ethereum Will See 99.95% Decrease in Energy Use

For all the benefits that cryptocurrency offers the general public, there are a number of pitfalls and criticisms that it receives. One of these is the issue of energy consumption. The process of mining cryptocurrencies and running blockchains are notoriously energy-intensive processes and assets like bitcoin are known to use as much energy as entire […] дальше »

2021-5-21 16:41


Loopring to Launch Ethereum Layer 2 Liquidity Mining

Following the launch of its Layer 2 high-speed automated market maker earlier this month, Loopring is now in the process of launching liquidity mining incentives on the platform. The Loopring order book-based exchange protocol was originally launched in November 2019, and the high-speed Layer 2 based decentralized exchange was deployed the following month. дальше »

2020-12-10 10:47


DeFi Needs Diversification for Sustainable Growth

Much of the hype surrounding DeFi right now is focused on yield farming, otherwise known as liquidity mining. This is a process that allows DeFi users to earn rewards from their cryptocurrency holdings, made possible through interacting with different protocols that distribute what is known as governance tokens (GTs). While farming yield can be a […] дальше »

2020-10-6 10:09


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Miny.CC – Innovation in the Cryptocurrency Mining Sphere

Aberdeen, Hong Kong, September 16, 2020. – More than 10 years after the first cryptocurrency was successfully mined, the mining space is more controversial than ever. The process was created to be democratic; to allow any PC with spare computing resources to contribute the surplus to help maintain the cryptocurrency network and earn rewards in […] The post Miny. дальше »

2020-9-17 12:00


Hong Kong’s Crypto Mining Startup that is Improving the Cryptocurrency Mining Space

Bitcoin was mined successfully for the first time in 2009. And over the 12 years that the process has existed, the process has changed monumentally. Initially, any node (computer participating in the The post Hong Kong’s Crypto Mining Startup that is Improving the Cryptocurrency Mining Space appeared first on AMBCrypto. дальше »

2020-9-15 16:45


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Tech Giant Microsoft Patents New Bitcoin (BTC) Mining System 

Tech giant Microsoft has patented a new crypto mining solution that uses human bodily activity data to reward people with digital currency when they perform certain tasks. The firm says the new system aims to reduce computational energy consumed during mining while also making the mining process faster, according to a report released April 6,Read MoreRead More. дальше »

2020-4-8 01:00


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Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster than Microbt’s latest Whatsminer M30S model […] The post Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit appeared first on Bitcoin News. дальше »

2020-2-28 00:25


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5 Key Concepts from Day One at Bitcoin Cash City

With day one of North Queensland’s Bitcoin Cash City all wrapped up, conference attendees were left with an overflow of big ideas to distill, process, and potentially integrate. These include underwriting merchant adoption, building tech parks and mining operations, BIP70 applications, separation of money and state, government applications of crypto, user experience, and regulation. дальше »

2019-9-5 08:07


Bitcoin mining revenue continues to hike despite concerns over profitability

The importance of mining has never been questioned; Simply put, mining is the process of generating new Bitcoins in the network and facilitating transactions on the blockchain. Miners are rewarded for their efforts in BTC for the addition of a new block, but over the past few years, the profitability of mining has been under […] The post Bitcoin mining revenue continues to hike despite concerns over profitability appeared first on AMBCrypto. дальше »

2019-9-1 12:00


Nearly 75% of All Bitcoin Mining’s Energy Consumption is Done Using Renewable Sources: CoinShares Report

Crypto treasury management firm, CoinShares publishes a report in which it noted Bitcoin Mining using mostly renewable energy. Analysts have been criticizing the energy-intensive proof-of-work (PoW) the -based process of bitcoin mining – as they've pointed out that it's not eco-friendly. дальше »

2019-6-7 17:45