Banks Consume Over Three Times More Energy Than Bitcoin, According to Researcher
Bitcoin’s network energy consumption has become somewhat of a hot topic as the cryptocurrency grows in popularity. A clean energy researcher, ...
Tag: bitcoin mining
Nvidia Calls Off Cryptocurrency Mining Production Amid Low Earnings
Graphics chip manufacturing giant Nvidia saw huge growth in late 2017 and throughout most of 2018 as demand for its ...
New Transport Layer bloXroute Promises to Solve Bitcoin’s Biggest Problem
bloXroute Labs and a team of Northwestern University students believe Bitcoin’s biggest problem, scalability, can be solved without affecting its ...
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 ...
Bitmain IPO ‘Very Soon’ as Mining Giant Nets $1.1 Billion Profit in Q1 2018
Bitcoin mining giant Bitmain is purportedly planning to go public on a $14 billion valuation. The company reportedly brought in ...
Huge Wind Farm to Power Bitcoin Mining Will Be Built in North Africa
As Bitcoin mining becomes more expensive and is criticized as being detrimental to the environment, several initiatives are being put ...
QIWI Payment Network CTO ‘Mined 500,000 Bitcoins’ In 2011 Before Losing Them
The former CTO of Russian electronic wallet and payment network QIWI once had a personal wealth of half a million ...
HashFlare Shuts Down Bitcoin Mining Services, Users Struggle to Withdraw Funds
HashFlare, a cryptocurrency cloud mining services, has shut down its Bitcoin mining service. The platform also terminated all related BTC ...
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