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During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows talking points condemning the network’s electrical consumption have been greatly exaggerated. According to … Read more
A recent meetup on the Capitol Hill highlighted several key debates that will define the mining industry’s development in the years to come. Go to Source Powered by WPeMatico
Despite the price of BTC, the Bitcoin network is the strongest it’s ever been, according to industry experts. Go to Source Powered by WPeMatico
“If policymakers take a cautious approach and foster a pro-innovation environment, the rewards for consumers, investors and all Americans are likely to be great,” said Jordan Ramis shareholder Gregory Zerzan. Go to Source Powered by WPeMatico
Crypto allies dominate the list of witnesses slated to appear before the House Committee on Energy and Commerce. Go to Source Powered by WPeMatico
The Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State. Go to Source Powered by WPeMatico
The digital currency cardano has jumped over 8% in value during the last 24 hours and 25% over the last seven days. The price move follows an update on Charles Hoskinson’s and IOHK’s plans for the Cardano network in 2022. Charles Hoskinson’s 2022 Cardano Outlook: ‘A Formal Open-Source Project Structure Is Going to Be Formed’ … Read more
Companies are turning to enterprise blockchain-based solutions to meet environmental sustainability goals as well as business demands. Go to Source Powered by WPeMatico
Several major players say that nuclear energy might be the best choice for Bitcoin miners. Go to Source Powered by WPeMatico
According to the country’s vice minister of energy, addressing the potential strain on Kazakhstan’s power grid from crypto miners “cannot be delayed any longer.” Go to Source Powered by WPeMatico
