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IMF Wants Crypto Mining Answers from Georgia + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news The International Monetary Fund (IMF) has called on Georgia to report on its crypto mining industry. The country...

TerraCrypto Moscow Digital Mining and Cryptocurrencies: Trends 2020


On December 7, 2019, Moscow will host the final crypto event of this year—the Vth international forum of cryptocurrencies and digital mining. In the morning at the Art Moscow Hotel Voikovskaya, we will discuss the development of the mining market and problems that should be solved jointly. Ryan...

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


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


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...

As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation


Recently, cryptocurrency advocates have been discussing the upcoming halvings set to happen on the BTC and BCH blockchains in six months or less. Since crypto prices have been heading southbound, the SHA256 consensus hashrate continues to remain relatively unfazed and data stemming from freshly...

Energy Costs of Crypto Mining and Tips to Save


Disclaimer: The text below is a sponsored article. _________ Mining cryptocurrency is not cheap, it costs a lot of energy. So much that some people don’t even think it’s worth it. But if you have the means and can mine bitcoin or another cryptocurrency successfully, there are ways to cut down...

Bitcoin Mining Difficulty, Hash Rate Up; Miner Capitulation Postponed?


While the price of Bitcoin (BTC) is dropping, the mining difficulty and hash rate went up. This has led some market observers to believe that we may not see a mass miner capitulation yet. When the price drops and mining revenues decrease, miners who struggle to earn profits are forced to shut...

Bitcoin Emits Less Carbon Than Previously Claimed, New Study Finds


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...

Greta Thunberg Might Like This Research on Bitcoin Mining + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news Environmental activists now can somewhat soften their stance towards Bitcoin mining. According to a report in American...

Bitcoin Mining Equipment Giant Canaan Fails to Raise USD 100 Million


The second largest producer of Bitcoin mining equipment, China-based Canaan, has finally completed its initial public offering (IPO) after the third attempt, raising less than estimated. While many have estimated that the company will raise USD 100 million at a USD 1.6 billion market...

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