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Bitcoin mining could be a proper asset to solve one of the significant issues in the Ukrainian energy sector: spending. A financial expert praised the recent push given by Ukraine’s government to nuclear-powered crypto mining across the nation. Crypto Mining Can ‘Smooth out’ Fluctuations in Consumption, Says Expert During an interview with Inshe, Alexei Mushak, … Read more
A new Ether ASIC mining rig is on the way, but will it help ease Nvidia’s GPU problems? Go to Source Powered by WPeMatico
However energy consumption has not matched the 170X price increase over the same period. Go to Source Powered by WPeMatico
“At some point Bitcoin mining will look like a utility, and it’s going to be a part of critical infrastructure for countries,” said the Foundry Digital CEO. Go to Source Powered by WPeMatico
A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain. Go to Source Powered by WPeMatico
The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting inconsistencies in the transport documentation. Rigs Are Presumably ASIC … Read more
On April 12, the international provider of colocation services for low-carbon cryptocurrency mining Bitriver announced it is launching a pre-sale of tokens backed by 100 megawatts (MW) of mining power in Siberia. The ERC20 tokens called “bitriver token (BTR)” will represent a single watt-hour (Wh) of Bitriver’s power in Bratsk. A Low-Carbon Crypto Mining Token … Read more
Tech companies like Oracle, Tesla, Hewlett Packard, and now Blockcap are moving to Austin, causing many to call the state capital the Silicon Hills. Go to Source Powered by WPeMatico
The impact of BTC mining on the environment has turned into a debate — here’s what academics think and if “green Bitcoin” is possible. Go to Source Powered by WPeMatico
The Shanghai-based online game operator The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9 binding memorandum of understanding (MOU) explains that the new units will give the company 0.1 exahash of bitcoin hashpower. On April 9, the publicly-listed gaming and internet company … Read more
