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Andreessen Horowitz Says Crypto Can Shift Power Away From Big Internet Companies: Report
23.8.2022
The high-profile venture capitalist group has said that Web3 and cryptocurrencies can disrupt the concentration of internet power gathered by big tech companies
SubQuery to Power Loop Finance, an All-in-One DeFi Exchange
22.8.2022
In the Cosmos blockchain environment, Loop Finance, single decentralized finance (DeFi) Exchange, NFT Market, and crypto educational network established cooperation with SubQuery. SubQuery & Loop originally collaborated when SubQuery emerged as the first solution in the Terra community to...
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds
18.8.2022
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest market cap, bitcoin, required 1.25 gigawatts in the country. Experts...
Russian Bitcoin Miners ‘Used 1.25GW’ to Power Their Rigs Last Year, Double the 2020 Total – Report
17.8.2022
Russian bitcoin (BTC) miners reportedly used a whopping 1.25 gigawatts (GW) of electrical power to fuel their activities in 2021, almost double their total for 2020 – as the industry continues to expand in the nation.
Per Novie Izvetiya, Intelion Data Systems experts calculated that altcoin mining...
Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’
12.8.2022
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has acquired two natural gas power...
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
5.8.2022
The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator
Rainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models
5.8.2022
The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin price models like the rainbow price chart and Plan B’s infamous...
Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices
5.8.2022
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban...
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
4.8.2022
The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022....
National Power Administration Will Propose a Special Cryptocurrency Mining Fee in Paraguay
4.8.2022
The National Power Administration of Paraguay has proposed to set a special mining fee for cryptocurrency mining operations in a decree project directed to the national economic team. Due to the immense losses the organization has faced, it has stopped supplying energy to some mining operations...
Victorian police to get 'greater power' to seize crypto assets from criminals
4.8.2022
The new bill will also compel cryptocurrency exchanges to hand over information that could assist police in criminal investigations
Riot Blockchain Mined 28% Less Bitcoin in July as Heat Wave Cut Power Supply
3.8.2022
Lower energy consumption helped the miner generate $9.5 million in power credits
How Plugins Enhance The WYSIWYG Editing Experience (Sponsored)
2.8.2022
WYSIWYG editors are one of the core components of any content management system (CMS). A well-coded, feature-filled WYSIWYG HTML editor can distinguish between a CMS users love and one they can’t stand.  While all WYSIWYG editors have a set of basic functionality, the power of plugins...
The Power of Loyalty Points and the Importance of Getting Them Right – Dennis Jarvis, CEO of Bitcoin.com
1.8.2022
Prominent DeFi projects such as Uniswap, Curve, Aave, and MakerDAO declined in ETH terms since at least Q1 2021. Some see this as a fundamental failing of DeFi protocols to capture value and an inability to create moats. There are questions whether the composable and open nature of crypto prevents...
Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day
29.7.2022
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after...
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy
29.7.2022
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...
Decentralized storage providers power the Web3 economy, but adoption still underway
28.7.2022
Decentralized storage providers are proving to be the backbone of Web3, but what does this mean for centralized web service providers?
Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia
27.7.2022
Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power....
Decentralized Music Streaming Service Audius Shifts Balance of Power, Says Bank of America
25.7.2022
Audius moves “power, profits, control and governance from record labels and centralized [platforms] to artists and fans,” the report said
GameStop 'Falling Man' NFT saga shows people's power at its finest
25.7.2022
While GameStop faced the heat for insensitive NFT listing, OpenSea had the Falling Man NFT listed on its platform for over two months