Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance

During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though BTC’s year-over-year average price dipped by 1.9%. Tokeninsight’s report also notes that more than […]

The post Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China

Mining Report Shows 65% of Bitcoin's Hashpower Stems from ChinaAs the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. Also […]

The post Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste

How Big Hydro Power Deals With Bitcoin Miners Prevent Energy WasteWe 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. […]

The post How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report

74% of the Worlds Bitcoin Mining Operations Driven by Renewable Energy, Says ReportThere’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares published a report that details mining is not environmentally […]

The post 74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid

Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the GridThe energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy. On May 29, Christian Ander, the founder of Stockholm’s Btcx exchange, explained how instead of selling surplus solar energy, he’s been using […]

The post Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Transparent Solar Panels can Bring Renewable Energy to any Building

TheMerkle Artificial Sun Solar FuelIn the technology industry, there are always some developments which might not entirely seem possible at first. A great example comes in the form of recent achievement by Michigan State University researchers. Their plan is to create transparent solar panels which can be placed over a window to harvest solar energy. Windows Turn Into Solar Panels, of Sorts As the need for renewable energy sources increases on a global scale, new solutions need to be created to allow for such growth. Despite solar panels being a major success, there are always many options to improve upon existing technology. One also

The post Transparent Solar Panels can Bring Renewable Energy to any Building appeared first on The Merkle Hash.

Go to Source

Powered by WPeMatico

Kenya’s Bithub Africa Mines Bitcoin Using Solar Power

Kenya's Bithub Africa Mines Bitcoin Using Solar PowerBithub Africa has started using off-grid solar power to mine bitcoin and ethereum. John Karanja, the founder and chief executive officer of the small Kenyan mining operation, hopes to spread the technology to the rest of the continent while exposing the lie that cryptocurrency mining poses a danger to the environment. Also Read: U.K Government Moots […]

The post Kenya’s Bithub Africa Mines Bitcoin Using Solar Power appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Northern Bitcoin, Rawpool Sign Wallet and Mining Deal

Bitcoin Cash Miner Rawpool Agrees Wallet, Mining Deal With German's Northern BitcoinGermany’s Northern Bitcoin AG (MUN:NB2) has agreed to offer Bpal Wallet, a wallet and payments app created by China-based Rawpool Group, in the European market. The agreement between the Munich-listed company and the bitcoin cash (BCH) miner, effective from today, also covers mining operations and cryptocurrency exchanges. Shares of Frankfurt-based Northern Bitcoin AG rose 2.8 percent […]

The post Northern Bitcoin, Rawpool Sign Wallet and Mining Deal appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Northern Bitcoin Ag Lists on Munich Stock Exchange Mid-Tier Market

Northern Bitcoin Ag Lists on Munich Stock Exchange Mid-Tier MarketGerman bitcoin mining company, Northern Bitcoin AG, has migrated to a section of the Munich Stock Exchange that caters for medium-sized enterprises. The M:Access is regarded as a key market for companies seeking to improve transparency, accountability and to gain wider access to new money. Since April 2015, the company has been listed on the […]

The post Northern Bitcoin Ag Lists on Munich Stock Exchange Mid-Tier Market appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico