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Typically when people think of bitcoin mining operations they look to countries like Iceland and mainland China. However, most people do not know that the small country of Georgia, a region of Eurasia, is ranked the second most profitable area in the world for cryptocurrency mining just below China. Also read: Russian Regulators Draft Law to […]
The post Georgia Has Become Eurasia’s Cryptocurrency Mining Epicenter appeared first on Bitcoin News.
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Crypto miners have been invited to join this year’s Earth Hour campaign by turning off some of their hardware between 8:30 and 9:30 pm on March 24. The initiative to take part in the WWF’s annual event comes from the Russian crypto community. The “Crypto Hour” organizers hope to focus attention on the need for […]
The post Crypto Miners to Turn Off Rigs during Earth Hour appeared first on Bitcoin News.
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The state of New York may be a difficult place to set up a mining venture in the region as lawmakers have ruled that power companies can raise their electricity rates if miners choose to use the state’s hydropower. Also Read: From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals ASIC Boost Compatibility Charging Higher Electricity Rates […]
The post New York Power Companies Can Now Raise Rates for Bitcoin Miners appeared first on Bitcoin News.
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Last week officials from the small town of Plattsburgh New York filed a moratorium request against bitcoin mining operations that currently reside in the town and future mining endeavors. The proposal was issued by the Mayor’s office and cites concerned over electricity use and energy consumption. Also Read: From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals […]
The post Plattsburgh Officials Want Bitcoin Miners to Vacate the Small Town appeared first on Bitcoin News.
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Just recently the firm Crescent Electric Supply Company conducted a study that showed the cost of mining one single bitcoin in each state in the U.S. Since then the company’s subsidiary business Elite Fixtures took the research further by charting the cost to mine a single bitcoin in each country across the world. Also read: […]
The post New Study Looks at the Cost to Mine BTC Across the Globe appeared first on Bitcoin News.
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Cryptocurrency miners will soon be able to benefit from surplus electricity and the cold climate at five power plants located in Siberia. Russian energy company En+, which owns those power plants, is already in talks with investors to build crypto mining farms near them. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies […]
The post Five Siberian Power Plants Attracting Crypto Miners With Surplus Electricity appeared first on Bitcoin News.
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Smartlands Platform (Stellar-based) is excited to announce it has achieved a significant milestone in its mission of bringing the benefits of blockchain and cryptocurrency to a real economy sector.
The launch of the beta version of the Smartlands Wallet, that is integral part of the Platform, is necessary for creating cryptocurrency tokens backed by real economy assets.
The post PR: Smartlands Launches Platform Based on Stellar Network appeared first on Bitcoin News.
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Hydro-Quebec, the largest state-owned utility in Canada, appears unable to meet the electricity demand from cryptocurrency miners seeking to establish operations in the energy-rich province. The announcement comes just weeks after the company sought to entice virtual currency miners as a means to bolster the province’s economic outlook, claiming that it had 5,000 megawatts of […]
The post Hydro-Quebec Unable to Meet Energy Demand From Cryptocurrency Miners appeared first on Bitcoin News.
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In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that […]
The post Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin Mining appeared first on Bitcoin News.
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The Satoshi Revolution: A Revolution of Rising Expectations. Section 2: The Moral Imperative of Privacy Chapter 4: When Privacy Is Criminalized. Only Criminals Will Be Private by Wendy McElroy What Do You Have to Hide? Everything! (Chapter 4, Part 1) I grew up with the understanding that the world I lived in was one where […]
The post The Satoshi Revolution – Chapter 4: What Do You Have to Hide? Everything! (Part 1) appeared first on Bitcoin News.
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