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It appears there is a lot of misinformation on the internet when it comes to cryptocurrencies and the associated electricity usage. More specifically, most sources claim Bitcoin mining uses a lot of energy, which is absolutely correct. However, it seems the situation is being blown out of proportion completely. The Truth About Cryptocurrency Mining According to … Read more
It appears that the allure of free electricity and computer systems, courtesy of the tax payers, might be too hard for some government workers all over the world to resist. After it was recently revealed that Russian nuclear scientists were arrested for mining bitcoin on the job, now it is reported that American IT staff … Read more
Japan’s Kumamoto-Energy, a local power producer and supplier from Kumamoto City, has revealed that it recently began using solar power for mining cryptocurrencies. This is another example of how, contrary to environmental hysteria by mainstream media sources, cryptocurrency mining can enable a greener future using renewable energy. Also Read: British Man in Amsterdam Allegedly Laundered … Read more
More than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed. According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector. Also read: AMD Increases GPU Production to Match … Read more
A Texas regulator has issued an emergency cease and desist to crypto investing site LeadInvest, citing its fraudulent selling of unlicensed securities and misleading of investors. #NEWS Go to Source Powered by WPeMatico
Angel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government’s expanding regulatory crackdown on cryptocurrencies via Wechat. Mr. Wensheng warns that heavy-handed regulatory policies may squander the opportunity for China to maintain a significant presence in the burgeoning global cryptocurrency sector, in addition to arguing that many of … Read more
Regulation is quickly becoming a hot topic in the crypto-world. Disclosure: This is a Sponsored Article The unregulated, “Wild West” environment of the crypto market left investors wide open to fraudsters, scammers, and shady firms out to make a quick buck. The technology of blockchain and Bitcoin is here to stay. But to bring value … Read more
BitPay begins enforcing earlier ban on explicit content and “prohibited activities”. #NEWS Go to Source Powered by WPeMatico
Canadian diamond mining company Lucara Diamonds gets a new CEO as part of their Blockchain modernization process. #NEWS Go to Source Powered by WPeMatico
Uzbekistan has taken the road to bitcoin legalization. In accordance with a presidential decree, a law regulating “electronic money” should be prepared by the end of the summer. The Central Asian country is also planning to open a center for distributed ledger technologies. Mining expenses in Uzbekistan are among the lowest in the world, as … Read more