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Central Washington Raises Concerns Over Possible Bitcoin Mining Boom
12.1.2021
A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices. Bitcoin Bull-Run Could Revive Interest...
Bitcoin price dip to $27K costs Binance long traders a record $190M in liquidations
4.1.2021
Overleveraged traders feel the pain once again as volatility wipes out huge amounts of value in minutes
Record-Low Electricity Prices in Sweden Make It ‘a Lucrative Place’ to Mine Bitcoin, Says Report
1.1.2021
Bitcoin miners are finding the Nordic lands a profitable opportunity to boost their revenues due to a plunge in electricity prices at the cheapest levels than any other well-known places for crypto mining. Bitcoin Miners Could Find ‘Lucrative’ Opportunities in Norway and Sweden...
Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving
30.12.2020
Bitcoin miners have been yielding a very profitable year in monthly revenues, as the latest onchain data shows significant figures at its highest levels since 2019. Hourly Bitcoin Mining Revenues Hits 2019 Highs According to Glassnode, BTC miners are currently earning $1 million per hour, meaning...
Digital banking: How DeFi can lower costs for everyone
23.12.2020
There’s often talk about how decentralized finance could eliminate the need for traditional banks… but what if DeFi could enhance their digital services?
Hive Reports $7.4M Q2 Profit as Lower Costs More Than Offset ‘Big Spend’ on Expansion
1.12.2020
Hive shares have gained over 1,200% in 2020
Report: Pandemic Response Pushed Global Debt to $272 Trillion in Q3, $5T in Borrowing Expected in Q4
20.11.2020
The Institute of International Finance (IIF) says global debt will soar to a record $277 trillion by the end of 2020 as governments and companies continue to spend in response to the COVID-19 pandemic. Already, the debt has ballooned by $15 trillion this year to $272 trillion through September....
Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners
12.11.2020
Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...
Remittance Costs Lower in Q3 World Bank Study Shows – Only Cryptocurrencies Meeting UN Goal
30.10.2020
The latest study by the World Bank shows that it costs 4.98% on average to remit funds to South Asia which makes it the least expensive region while sub-Sahara Africa is the most expensive with an average cost of 8.47%. The quarterly study also finds that it is costlier to remit funds when using...
Bitfarms Signs a Deal That Cuts Bitcoin Mining Power Costs in Half
27.10.2020
Blockchain infrastructure company Bitfarms said it has signed a beneficial mining deal in South America, with a lower power cost that they said 'revives' older mining machines and cuts the electricity costs in half.
Bitfarms, which provides computing power to cryptocurrency networks such...
WooCommerce Payments, Now with Support for Subscriptions and Saved Cards
20.10.2020
A little while back we shared the news that WooCommerce shipped a beta payments feature as part of its 4.0 release. It’s a free plugin with no monthly costs or setup fees. You only pay when you make a sale.
We’re actually using this right here at CSS-Tricks. In fact, Chris blogged...
Top Chinese chemical firm uses blockchain to cut trade financing costs
16.10.2020
Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade
Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power Company
15.10.2020
Nasdaq-listed Marathon Patent Group has agreed to a joint venture deal with U.S. independent power producer Beowulf Energy to deliver cheap electricity for its bitcoin mining operations in the country’s north. In a statement on Tuesday, Marathon said that it will co-locate a bitcoin mining...
Thinking About Power Usage and Websites
22.9.2020
Gerry McGovern asked if I had any insight into energy consumption and websites. He has a book, after all, about the digital costs on the planet. He was wondering about the specifics of web tech, like…
If you do this in HTML it will consume 3× energy but if you do it in JavaScript it will...
Enforcing performance budgets with webpack
18.9.2020
As you probably know, a single monolithic JavaScript bundle — once a best practice — is no longer the way to go for modern web applications. Research has shown that larger bundles increase memory usage and CPU costs, especially on mid-range and low-end mobile devices.
webpack has a lot of features...
Argo’s H1 Revenue Soars but Profits Drop as Bitcoin’s Halving Boosts Mining Costs
9.9.2020
Argo Blockchain has reported a near quadrupling in revenue even as capital depreciation led pre-tax profits to slide by 45%
Band Protocol CEO says that a single Chainlink data request costs $450
1.9.2020
Band Protocol is about to give Chainlink a run for its money on Ethereum
Using a DeFi protocol now costs more than $50 as Ethereum fees skyrocket
1.9.2020
The situation is eerily reminiscent of December 2017
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
18.8.2020
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.065-0.075 yuan or $0.01 per kilowatt-hour. According...
Destination Blockchain: Shaking Up Travel Industry and Cutting Costs
1.7.2020
Blockchain initiatives are being applied by large companies to reduce intermediaries and costs in the travel industry