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On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins per block to 6.25 coins following the halving. The last time the protocol’s block reward halved was on July 9, 2016, and the global economy looked a whole lot different back then. This […]
The post Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders appeared first on Bitcoin News.
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According to Chinese state media, the Shanghai and Shenzhen stock exchanges have carried out investigations into 30 percent of companies listed on their exchanges that are performing operations pertaining to distributed ledger technology (DLT). Of the companies investigated, less than half were able to demonstrate applications for blockchain technology. Also Read: Chatter Report: Vitalik Doesn’t Believe […]
The post 50% of Chinese Stock Exchange Companies Investigated Fail to Demonstrate Real Applications for Blockchain appeared first on Bitcoin News.
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Embellished estimates as to the total electricity consumed through bitcoin mining have again made the rounds in the media recently, with many stories claiming that energy consumed by mining annually is comparable to that which is consumed by the entire nation of Ireland. Said stories appear to have been triggered by research published by Alex […]
The post Mining Consumes Half as Much Power as BECI Estimates – Coinshares appeared first on Bitcoin News.
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