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Crypto Miners to See Bitcoin Mining Energy Rate Spike by Chelan County’s PUD
Crypto Miners Complain As Chelan County’s PUD Plans on Increasing The Bitcoin Mining Energy Rate Recently, a group of crypto miners located in Washington held a round of meetings with local electricity providers where they discussed the planned increment in power rates. дальше »
2018-8-23 21:35 | |
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Chelan County PUD Looking to Increase Energy Rate for Bitcoin Mining by 7 Cents Per KWH
On August 20, 2018, cryptocurrency miners in the Washington state held another round of public comment with the electricity providers to discuss the proposed power rate increment. However, nothing good came out of the meeting as the Public Utility District (PUD) officials have postponed the hearing. дальше »
2018-8-23 22:00 | |
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Researcher: Stop Worrying About Bitcoin’s Environmental Impact
A common mainstream media trope is that Bitcoin mining will soon use so much electrical power it could lead to an environmental catastrophe. We’ve often provided examples of how this is a false narrative, and now an independent energy researcher is saying the same. дальше »
2018-8-22 02:03 | |
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Markets Are Down, But Most Exchanges Are Doing Just Fine
As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit. дальше »
2018-8-22 22:53 | |
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SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent
Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain. дальше »
2018-8-21 18:03 | |
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Bitcoin Energy Consumption Exaggerated says Energy Researcher
In Jan 2018, an independent article was published online which shows the different energy consumptions associated with Bitcoin mining with regards to different destinations. From the published article, it was seen that bitcoin miners in Venezuela will maximize cost as it was the country with the cheapest energy consumption for bitcoin mining, which stood below […] The post Bitcoin Energy Consumption Exaggerated says Energy Researcher appeared first on ZyCrypto. дальше »
2018-8-21 16:43 | |
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Announcement: CryptoSlate Launches New Product Database, Featuring Dapps, Wallets, Miners and More
CryptoSlate has revealed its newest website feature–a Product Database containing dApps, crypto wallets, games, mining hardware and more. From a single website, users can now easily access news, coin data, upcoming events and products related to cryptocurrency and blockchain. дальше »
2018-8-21 16:00 | |
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Bitcoin Energy Consumption Could Drive Innovation, Says Research Associate
Bitcoin (BTC)–By now, most within and outside of the industry of cryptocurrency are familiar with the narrative surrounding Bitcoin energy usage. The argument goes that as Bitcoin becomes a more popular choice in terms of digital currency, the increase of miners looking to capitalize on transaction fees and reward payouts will increase, thereby also raising […] The post Bitcoin Energy Consumption Could Drive Innovation, Says Research Associate appeared first on Ethereum World News. дальше »
2018-8-21 04:14 | |
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Research Shows Ethereum Blockchain Miners Get Paid Almost $2.5 Billion per Year
Research Reveals That Ethereum Miners Make $2.5 Billion On An Annual basis While the prices of Ethereum have been faltering and its network faced with endless scalability challenges, investors who mine the second largest digital currency somehow managed to rake in an annual payout worth a whopping $2.5 billion. As per a report published by […] дальше »
2018-8-20 19:56 | |
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Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination
The bearish trend that has been haunting crypto investors since the beginning of 2018 is now taking a visible toll on mining firms as well. Following the footsteps of rival Hashflare, the Iceland-based cloud crypto mining platform Genesis has announced a drastic step that yet again depicts the woes of a progressively distressed global mining […] Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-20 16:29 | |
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Report: Nearly $2.5 Billion Paid Annually to Ethereum Miners, ETH Issuance Woes Continue
Despite waning prices and never-ending scalability debates, the Ethereum protocol continues to rake in massive revenues for network miners, with figures confirming $2. 5 billion-a-year payouts. Ethereum Miners Rake in Big Money According to a report on TrustNodes, mining revenue accounts for about 8. дальше »
2018-8-20 06:00 | |
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Cloud Mining Platform Genesis Wants “Unprofitable” Miners to Upgrade Their Contracts to Avoid Termination
The bearish trend that has been affecting the global crypto market for a while now seems to have finally taken its toll on Genesis Mining, one of the world’s leading cloud mining providers. The company published a blog post on Aug 16, 2018, implying that it is left with no option but to force some users to upgrade their existing. дальше »
2018-8-19 18:00 | |
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Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead
The recent decline in cryptocurrency prices has cast a shadow on several aspects of the digital currencies space. However, one area where this bearish outlook has not extended to is cryptocurrency mining. дальше »
2018-8-19 01:00 | |
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Blockchain data storage company Lambda receives investment from Bitmain
Lambda, a decentralized infrastructure startup that provides unlimited data storage via the blockchain, today announced the company received an investment from Bitmain Technologies Ltd. , the world’s largest producer of application specific integrated circuit miners. дальше »
2018-8-18 21:00 | |
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EOS community fights back against ‘whales’ controlling its blockchain
The EOS community is growing anxious that its blockchain is really being controlled by a select few. A petition has been drafted to introduce voting limits to protect small-time token holders against the influence of whales. дальше »
2018-8-17 16:51 | |
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Nvidia’s GPU Miner Sales Decline in Q2 2018, Overestimates Revenue by 82%
Nvidia’s GPU Sale Substantially Declines In the Second Quarter Of 2018 Crypto mining has become less lucrative as evident from declining sales of crypto miners. Mining equipment manufacturers like Nvidia and Bitmain are watching this happen first hand as profits declines. дальше »
2018-8-17 15:33 | |
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Nchain Plans to Launch a BCH Full Node Client Called ‘Bitcoin SV’
On Thursday, August 16 the blockchain research and development firm Nchain has officially announced a new Bitcoin Cash (BCH) full node implementation is in the works called Bitcoin SV (Satoshi’s Vision). дальше »
2018-8-16 20:00 | |
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JavaScript Based Coinhive Mines $250,000 Worth of Monero (XMR) Monthly
Browser Based Coinhive Mines About $250,000 Worth of Monero (XMR) Coins Monthly Mining is the foundation of all blockchain-based digital coins. Altcoin, Monero, allows miners to use standard hardware to mine XMR. дальше »
2018-8-15 22:10 | |
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Vietnamese Government Bans Mining Hardware Imports
Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet. дальше »
2018-8-16 21:58 | |
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Applying IFRS: Accounting by holders of crypto-assets
This publication aims to provide guidance on the accounting under IFRS by the general holders of crypto-assets, but does not address the accounting for crypto-assets held by the original issuer. Moreover, the specific issues related to miners, crypto-exchanges and those resulting from initial coin offerings (ICOs) are not addressed here. дальше »
2018-10-5 15:00 | |
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What is DCR? Introduction to Decred
Bitcoin is the most recognizable cryptocurrency, but it’s not without problems. For example, although it’s decentralized, voting rights are held by a small minority of miners. This slows down development and allowed it to fall behind newer blockchain projects. дальше »
2018-8-14 23:43 | |
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Canaan Avalon6 Bitcoin Miner: Quality Crypto Mining ASIC Equipment?
The production of ASIC mining rigs has always been somewhat controversial. Because the miners using ASIC are considered by some blockchains to be “cheating,” many companies have to constantly come out with new versions of their own ASIC tech in order to dodge the bans and patches on major cryptocurrency blockchains like Bitcoin and Ethereum. […] дальше »
2018-8-13 19:55 | |
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World Digital Mining Summit 2018: Bitmain & Bitkan Sept 21-23
BITMAIN and BITKAN are collaborating in a new event that will help bring seasoned miners and new miners together at the 2018 World Digital Mining Summit. This event is planned to take place for three whole days, from September 21st to September 23rd, and it will be based in Tbilisi, Georgia. The mining industry has […] дальше »
2018-8-13 01:33 | |
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Skybox Security Report: Cryptojacking Is Bigger Threat Than Ransomware
Cryptacking has risen to the top of the top of the cyber threats with reports coming that it has even become a bigger nuisance for cybersecurity experts than ransomware. An incredible 32% of all cyber crimes are done by crypto miners. дальше »
2018-8-13 01:15 | |
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Ethereum Paying Nearly 10% of Its Market Cap to Miners, Holders Vote to Reduce it By Two Thirds
Ethereum is paying miners around $2.5 billion a year at current prices while its market cap stands at $32 billion. Including the block base reward, uncles rewards, and mining fees,... The post Ethereum Paying Nearly 10% of Its Market Cap to Miners, Holders Vote to Reduce it By Two Thirds appeared first on Trustnodes. дальше »
2018-8-13 20:01 | |
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Top 6 Ethereum (ETH) Cryptocurrency Mining Pools: Profitable Options?
If you are a miner, you will want to maximize your profits at the time of mining Ethereum (ETH). The best way to do so is by joining an Ethereum pool and combine the resources you have with other miners all over the world. дальше »
2018-8-12 19:38 | |
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Another US City Imposes a Moratorium on Crypto Mining
The city of Salamanca in the U.S. state of New York is reportedly establishing a moratorium on cryptocurrency mining operations in the city. This will stop crypto miners from “using up all the residents’ power and effectively make all of them get a price increase on their utility bills,” a member of the city’s council […] The post Another US City Imposes a Moratorium on Crypto Mining appeared first on Bitcoin News. дальше »
2018-8-11 16:20 | |
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Distributed Dialogues: Blockchain’s Better Side
The fact that great responsibility accompanies great power has become crystal clear in the blockchain world. While blockchains are most commonly connected with commerce, the potential impact of distributed ledgers is being discovered in fresh sectors daily. дальше »
2018-8-10 20:51 | |
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Green Crypto Mining Will Define The Industry’s $38bn Future
In March this year, the sky officially fell in for Bitcoin miners. With the slump in prices and the extraordinary energy consumption it takes to mine the coins, Fortune revealed that mining a Bitcoin cost as much as buying one. дальше »
2018-8-10 18:41 | |
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Ethereum Classic Price Analysis - On the on ramp
The ETH vs ETC debate began over a matter of principle regarding the immutability of the blockchain, as well as speculators and miners seeking an opportunity to profit from a forked chain. ETC has continued to survive and begun to thrive after the removal of a difficulty bomb which threatened to shut down the network entirely. дальше »
2018-8-10 08:00 | |
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Waves Platform Announces Miners Reward Token Update For MRT Coin
Updates To Miners Reward Token For Waves Posted On Steemit Blog Platform Most recently, Waves made a post on Telegraph in June regarding their desire to buy back Miners Reward Tokens (MRT). In the original plan, the platform said that they will be purchasing 500 WAVES of MRT back to their platform from the open […] дальше »
2018-8-10 23:31 | |
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New Study Says Bitcoin Has An Energy Problem That Could Exacerbate Climate Change
A newly released study asserts a large amount of electricity is eaten up as Bitcoin is exchanged and mined. The author suggests these consumption habits could be churning out enough carbon emissions to affect global climate change. дальше »
2018-8-9 09:00 | |
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GEMERA Emerald-backed Cryptocurrency to go on Sale on September 10
Unlike most cryptos that are backed by virtually nothing, GEMERA token is backed by 100 percent Colombian emeralds. The GEMERA team has announced the impending launch of their token presale on September 10, 2018. дальше »
2018-8-9 00:18 | |
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Ethereum Classic (ETC) Network Activity Hits Toughest Mining Difficulty To Date
Ethereum Classic (ETC), a public open-source blockchain-based distribute computing platform. ETC is recognized for its smart contract functionality and its impressive growth. At this point, the platform has surpassed 205 after miners gravitated toward the Coinbase coin and listing. дальше »
2018-8-8 13:32 | |
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Bitcoin [BTC] hashrate increase breaks the records whereas the miners profitability decreases
Bitcoin [BTC] has broken all the hashrate records ever since its inception. The hashrate of the top cryptocurrency has been witnessing a continuous increase whereas the mining profit has been fluctuating over the years. дальше »
2018-8-8 04:58 | |
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Canadian Crypto Miner Tries New Approach to Cut Down Power Costs
With crypto prices still way below their December 2017 all-time highs, cryptocurrency miners are under increasing pressure to squeeze out profits from their operations by reducing expenses. Since the mining process is a very energy-intensive affair, one way of keeping mining costs down is by obtaining cheaper electricity. дальше »
2018-8-7 16:00 | |
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