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The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power


The SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption powering industrial bitcoin mining today consumes as much as seven nuclear...

Europe’s Biggest Nuclear Station Might Give Electricity to Bitcoin Miners


Cooling towers at Zaporizhzhia Nuclear Power Station. Ukraine’s plan to offset the financial chaos of the coronavirus pandemic might involve nuclear-powered cryptocurrency mining, says its energy ministry. Yesterday, the country’s Ministry of Energy and Environmental Protection announced that...

Nuclear Power and Blockchain, Crypto Exchanges Boost Hiring + 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. Blockchain news The Chinese nuclear industry is tentatively looking at blockchain technology adoption proposals, reports media...

7 Unorthodox Ways to Mine Bitcoin


Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest...

A Japanese-Brazilian Investor's Baffling Ukrainian Crypto Dream


Kaze Fuziyama (on the right). Kaze Fuziyama, a Brazilian cryptocurrency enthusiast of Japanese descent, has turned what was once planned as a USD 100 million Ethereum mining farm fitted with 17,000 video cards into a cloud video rendering center. Media outlet Liga reports that the farm is located...

Bitcoin History Part 12: When No One Wanted Your BTC


Today, bitcoin is so precious that its hodlers are prone to locking their keys away inside nuclear bunkers, bank vaults, and military grade hardware wallets. But things weren’t always that way. Back in the early days, bitcoin was deemed so undesirable that you would have struggled to give...

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