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 ...
Tag: bitcoin mining
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 ...
Bitcoin Miner Scam from Kodak Licensee Shut Down by SEC
A Bitcoin miner project operating under the Kodak brand has collapsed. The company behind the scheme has said that it ...
Bitcoin Will End Up in One of Three Ways, Predicts Expert
Still only nine years old, Bitcoin continues to be a major topic of discussion within the global business industry. Bloomberg's ...
‘Intense’ Bitmain Lobbying Forcing Smaller Bitcoin Miners Out of Quebec
A month after authorities in Quebec lifted a moratorium on allowing Bitcoin miners, local businesses have begun threatening to leave ...
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