Month: November 2019

Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use

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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, and systemic risks.” The authors state that silicon photonics could be used to shift mining … Read more

Ethereum Price Analysis for November 29th – Good News: ETH Stopped Falling

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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, November 29th, the ETH price had stabilized. The cryptocurrency is generally trading at $152.84. On H4, the ETH/USD pair is developing the general downtrend. We are witnessing a correctional phase. After a convergence, the signal lines of the MACD have formed a Gold Cross and are … Read more

Crypto Employees in China Work From Home to Avoid Government Pressure

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Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures against some companies have been implemented to supposedly protect citizens from scams. Sources say the government offensive has scared a lot of people employed in … Read more

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