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Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners
26.8.2020
Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. The Chinese...
The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power
25.8.2020
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...
Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
23.8.2020
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including...
Bitcoin’s Hashrate Hits Record High 130 EH/s, as BTC Price Faces Resistance at $12,000
17.8.2020
Bitcoin’s seven-day average hashrate has reached a new all-time high of 130 exahash per second (EH/s) – a feat that might positively influence the asset’s price, while adding to the fundamental strength of the Bitcoin network. According to the latest data from charts.Bitcoin.com...
Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control
7.8.2020
Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker...
Power Plants in Iran Are Authorized to Mine Bitcoin
29.7.2020
Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...
Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia
25.7.2020
Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle...
The Covid-19 Crisis Fueled Darknet Markets – A Patron’s Biggest Concern Is Mail Disruption
19.7.2020
Ever since the coronavirus outbreak swept the globe, darknet markets (DNM) have grown exponentially and the lockdowns worldwide are prompting first-time DNM buyers. Currently, the largest DNM on the invisible web is the marketplace Empire, and the only thing impeding the rush of DNM sales these...
A New Price Valuation Model Says $10,670 Fair Value For Bitcoin
6.7.2020
Seba, a Switzerland based bank, is proposing a Bitcoin valuation model that places its fair value at $10,670. At this price, the model suggests Bitcoin is trading at a significant discount, at just above $9,100. In a blog posting this past Thursday, Seba says the model’s estimate relies...
Power Ledger’s Blockchain P2P Energy Trial ‘Technically Feasible,’ It Says in New Report
22.6.2020
A solar energy trading trial run by blockchain startup Power Ledger has found its initiative to be "technically feasible."
Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments
11.6.2020
Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer
Vodafone Enlists Blockchain Nonprofit for Tracking Renewable Energy Use in Europe
3.6.2020
Vodafone and Energy Web are using SIM cards and blockchain to build more nimble renewable power grids
Vodafone to Connect 'Billions' of Energy Producing Devices Using Blockchain
27.5.2020
Vodafone plans to link billions of distributed energy generating assets to grids using the Internet of Things and blockchain technology
Thailand Turns to Blockchain to Boost Renewable Energy Push
26.5.2020
A Thailand public-private joint venture has inked a deal with blockchain startup Power Ledger to encourage renewables trading and uptake
Power Ledger to Bring Blockchain Energy Trading to West Australian Housing Developments
22.4.2020
The blockchain firm will provide the technology to enable energy trading at 10 new housing developments
Bitcoin Cash Could Face 51% Attack for $10,000 in Rented Hashpower
10.4.2020
The drop in the Bitcoin Cash hash rate has left it open to 51% attacks — with rented hash power able to target the coin for under $10,000 per hour
Power Ledger Inks Deal to Allow French Consumers to Customize Green Energy Mix
8.4.2020
The Australian firm is breaking into the European market with a new partnership that enhances the tracking and certification of green energy
Shell Subsidiary Builds DLT-Based Virtual Power Plant in Germany
16.3.2020
Sonnen Group, a subsidiary of Royal Dutch Shell, will use blockchain technology to create a virtual power plant to store excess wind power in Germany
Tron’s Steemit Acquisition Exposes Delegated-Proof-of-Stake Centralization
3.3.2020
The Steemit community is mired in controversy over the recent Tron takeover that managed to change the Steem blockchain’s governance. Steem witnesses attempted to soft fork the blockchain on February 24 to remove the powerful voting power Tron and Steemit hold. However, the soft fork...
BCH Community Leaders Bitcoin.com and Jonald Fyookball Clarify Positions on Funding Proposal
26.1.2020
Since Btc.top founder Jiang Zhuoer revealed an infrastructure funding proposal from five major mining pools last week, which would fund BCH devs via redirection of 12.5% of BCH coinbase rewards, the Bitcoin Cash community has been understandably bustling with debate, discussion, and suggestions....