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Nalezeno "Electricity": 427

BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

3.1.2020
On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere...

Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season

28.12.2019
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...

Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers

25.12.2019
In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud. Also Read: Chinese Regulators...

Man Using a TV Studio’s Electricity to Mine Ethereum Has the Last Laugh

13.12.2019
An unexpected winner appears to have emerged in one of the most bizarre crypto mining stories of the year – one with a twist in the tale! The story, as reported by media outlet Xataka, begins at the studios of local authority-run television station in Andalucía, Spain, named Canal Málaga. Canal...

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit

1.12.2019
Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use

29.11.2019
Three researchers have published a paper at Cornell University’s arxiv.org proposing a system called Optical Proof of Work (OPOW) to potentially be employed in Bitcoin mining. According to the paper, “heavy reliance on electricity has created scalability issues, environmental concerns...

Bitcoin Emits Less Carbon Than Previously Claimed, New Study Finds

21.11.2019
Bitcoin has been regularly attacked for its energy-intensive mining process, powered by serious amounts of electricity. It’s been claimed that it leaves a carbon foot print comparable to that of a large city or even a small country, an allegation that often finds its way to the headlines...

The Department of Useless Images

18.11.2019
Gerry McGovern: The Web is smothering in useless images. These clichéd, stock images communicate absolutely nothing of value, interest or use. They are one of the worst forms of digital pollution because they take up space on the page, forcing more useful content out of sight. They also slow down...

Power Ledger Collaborates With Powerclub for Blockchain Electricity Trading

7.11.2019
Power Ledger, the popular blockchain startup firm, has entered into a strategic partnership with the Australian electricity wholesaler, Powerclub. This collaboration is expected to gear up the peer-to-peer blockchain energy trading platform in the southwestern part of the continent. This...

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