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Computing Power of Bitcoin Establishes New Record with 100K+ Miners Online
5.8.2019
The aggregate computing power that goes into securing the blockchain of bitcoin has established a fresh record. As per the data released by BTC.com, a mining service operator, the average hash rate for bitcoin mining has hit 71.43 quintillion EH/s (hashes per second) over the period of the past...
Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report
31.7.2019
Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources
7 Unorthodox Ways to Mine Bitcoin
20.7.2019
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...
Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint
19.7.2019
Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize...
Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
12.7.2019
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into...
Bitcoin Mining Difficulty Posts Biggest Jump in 12 Months
9.7.2019
Bitcoin mining difficulty has grown faster in the last two weeks than in any period since August 2018, a sign that competition is heating up
Iran’s Crypto Mining Is Under The US Radar
8.7.2019
The troubled relationship between the US and Iran has now spilled over to the cryptocurrency sector. After slamming sanctions on a number of petroleum, technology, and industry products of Iran, the US is now working to come up with the legislation that will ban Iran’s access to mine...
Regulatory Overview of Crypto Mining in Different Countries
7.7.2019
Following a moratorium on crypto mining in Iran, Cointelegraph highlights the most popular cryptocurrency mining countries and the challenges they face from regulatory pressures
Crypto Company Gives Individuals a Chance to Mine Bitcoin Without Sky-High Energy Bills
4.7.2019
Leasing hashing power from high-end data centers can enable individuals to mine for Bitcoin without expensive equipment, a crypto company says #SPONSORED
Energy Used by Idle Device in the U.S. Can Power Bitcoin For 4 Years
3.7.2019
Academic researchers at Cambridge University launched a real-time index that tracks the total electricity consumption of the bitcoin network
Abkhazia to Build Large Crypto Mining Farm, President Says
2.7.2019
The President of the partially-recognized Republic of Abkhazia said that the country will build a large crypto mining farm
Bitcoin Mining Profits Skyrocketed 24% Last Month, Argo Blockchain Reports
2.7.2019
Argo’s Q2 bitcoin mining figures continue sector optimism
Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament
1.7.2019
On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept of Nakamoto Consensus where “miners are the executive power of Bitcoin” and “any needed...
Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike
28.6.2019
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories
Bitcoin Mining is Now More Competitive Than Ever, New Data Shows
28.6.2019
Latest figures show bitcoin has set a new record for mining difficulty
Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque
27.6.2019
On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media. Also Read: Iranian Energy Grid Blames...
It’s Now Harder to Mine Bitcoin Than Ever Before
27.6.2019
Bitcoin mining has become competitive than ever, new network data shows
Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners
25.6.2019
Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption...
Demand for New Bitcoin Miners Is Again Outstripping Supply
25.6.2019
Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October
North America’s Largest Solar Bitcoin Mining Farm Coming to California
25.6.2019
Plouton says it has chosen california to host a giant bitcoin mining facility