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2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners
24.7.2020
Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining...
Chinese Bitcoin Miners Migrate North After Wet Season
10.10.2019
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after...
While Libra Partners in Doubt, Newcomers ‘Flooding’ the Project
26.6.2019
While Facebook's Libra project claims there is “a flood” of interest in it, at least several of its partners appear to be more cautious.
The new coin, which has made headlines ever since it was announced last week, is touting the strong line-up of 28 founding members who have signed up to work...