Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners

Iranian Ministry of Industries Denies Power Shortages Are Caused By Illegal Crypto MinersIran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners Burn Less Energy Than Tavanir Estimates, Ministry of Industries Says An official from the Iranian […]

Go to Source

Powered by WPeMatico

One Guy Controls the Lightning Network’s Biggest Node

One Guy Controls the Lightning Network's Biggest NodeBTC supporters were elated to discover recently that the Lightning Network’s (LN) capacity had spiked by 216 percent in just one day. Some individuals suspected the Build on Bitcoin conference had sparked more LN interest. However, onlookers have found the spike was due to a single node created by the owner of Shitcoin.com. According to […]

The post One Guy Controls the Lightning Network’s Biggest Node appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

32MB Blocks Means Bitcoin Cash is Prepared for Mass Adoption

32MB Blocks Means Bitcoin Cash is Prepared for Mass AdoptionOn May 15, 2018, the Bitcoin Cash (BCH) network upgraded the chain’s base block size from 8MB to 32MB. The software advancement makes blocks big enough to process lots of transactions over time — which gives developers plenty of breathing room to adjust the size if it starts getting closer to its limit. Unfortunately, many misdirected individuals […]

The post 32MB Blocks Means Bitcoin Cash is Prepared for Mass Adoption appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico