Photonics Bitcoin Mining Tech Aims to ‘Democratize’ Energy Use

Photonics Bitcoin Mining Tech Aims to 'Democratize' Energy UseThree 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 […]

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

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 now moving to cross the zero line which signals the birth of a short-term uptrend. The landmark for the growth is near the resistance line of the descending channel, which is $175.00. Upon testing it, the Ethereum may keep declining, heading for $132.00, and later

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Crypto Employees in China Work From Home to Avoid Government Pressure

Crypto Employees in China Work From Home to Avoid Government PressureNot 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 […]

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