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After nearly two decades of U.S.-led coalition bombs falling on the Middle East, peace in the region still has not been achieved. Now the United States is once again bolstering military forces, this time in Saudi Arabia. Meanwhile, taxpayers in multiple countries are being forced to pay for these ill-fated and unethical campaigns, with little … Read more
The Iran government approved a mechanism of crypto mining in the country Go to Source Powered by WPeMatico
We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining is actually helping electricity producers prevent energy waste. … Read more
Bitcoin sets another hash rate record as figure nudges 80 TH/s Go to Source Powered by WPeMatico
The Iranian Economic Commission has reportedly finalized a power pricing scheme for cryptocurrency miners Go to Source Powered by WPeMatico
The Islamic Republic of Iran Customs Administration has not issued any licenses for importing cryptocurrency mining devices into the country Go to Source Powered by WPeMatico
Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest attempts at extracting bitcoin ever conjured. Also read: … Read more
Ycash forked off Zcash blockchain at block height 570,000 and is independent from both the Electric Coin Company and the Zcash Foundation Go to Source Powered by WPeMatico
Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize the surplus to mine cryptocurrencies. This new business is growing … Read more
Iranian authorities are wrestling with the rising number of citizens turning to Bitcoin mining and usage as a means of coping with a sanctions-crippled economy Go to Source Powered by WPeMatico