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Japan’s GMO Internet has unveiled the price and specs of the GMO miner B2 equipped with 7nm ASIC mining chips. The mining capacity is 24 TH/s and the price of the machines will be adjusted monthly according to demand. Using GMO’s mining rigs, the power consumption can be reduced up to 20% and the cost … Read more
Bitcoin celebrated its 300th ‘death anniversary’ after a Forbes article called mining energy consumption its “Achilles Heel” Go to Source Powered by WPeMatico
Cryptocurrencies in Indonesia will be regarded as commodities, according to a new decision by the country’s futures market regulator. It comes after a study concluding that digital coins deserve the commodity status. The government is expected to prepare a broader regulation covering other aspects of the crypto sector including trading and taxation. Also read: Crypto … Read more
In recent mining news, Venezuelan authorities are cracking down on mining operations – with one Venezuelan telling reporters that he was forced to leave his home country after becoming the victim of extortion. In other news, a Taiwanese miner was shot by gangsters after failing to deliver on returns on the gang’s investment into his … Read more
The Bitcoin network consumes more electric energy in a year than the Czech Republic. Some say that Bitcoin’s high electricity cost is the price we pay for network security, others see it as a threat to the environment Go to Source Powered by WPeMatico
Dutch data center ITB2 – one of most energy-efficient in Europe – opens crypto mining lab for BTC and ETH Go to Source Powered by WPeMatico
U.S. hardware manufacturer ASUS renews mining market push with giant ‘Master Motherboard’ Go to Source Powered by WPeMatico
The government of Quebec is reportedly lifting the moratorium on crypto mining in the province, in addition to introducing new regulations for power companies Go to Source Powered by WPeMatico
Ethereum Classic claims a successful network upgrade has been implemented at block 5,900,000 to ensure that mining will stay viable in future Go to Source Powered by WPeMatico
A company claims it has found a way to reduce the energy consumption of crypto miners and blockchain businesses. It plans to open mining facilities in unused buildings across the Swiss Alps #SPONSORED Go to Source Powered by WPeMatico