Mining

Ripple co-creator Chris Larsen believes that unless bitcoin changes itself to be more environmentally friendly, all hope for the world’s largest and most popular digital currency is lost. Chris Larsen: BTC Needs to Change Modules Bitcoin has been taking a lot of guff in recent weeks given that its constant price increases have led to boosts in energy usage for crypto miners. The higher the price of bitcoin goes, the more expensive it becomes to mine and extract. Right...

The Chia Network was designed to be as broad as possible so that miners do not have to purchase more expensive equipment as with Bitcoin and other digital coins. Today XCH tokens are getting listed on Gate.io.Chia Network IOU is getting listed on Gate.io with trading starting on Apr.30, 2021, 07:00 UTC. The Gate.io team noted that Chia tokens (XCH) are not yet transferable as it is still in the pre-minting phase. All Chia tokens circulating are pre-deposit from miners which are backed by...

If we thought bitcoin was doing poorly before, we are having to redefine our ideas. It looks like the world’s number one digital currency by market cap has fallen below the $50,000 mark and at the time of writing, is trading for just over $49,000. Bitcoin Is Suffering Harder Than It Has in a While This marks a $5,000 drop for the asset in just the past 24 hours and a fall of more than $15,000 for the currency over the past two weeks. The currency appears to be dipping...

The tech giant Microsoft has integrated the Intel Threat Detection Technology into its Microsoft Defender for Endpoint. This should increase detection ability and enhance protection against cryptojacking malware. The New Addition and Its Technology During the last few years, the primary cryptocurrency along with the many other altcoins have significantly appreciated in value which caused an uptick of interest for crypto mining as well. The process involves validating data...

It appears that Jack Dorsey – the man behind Facebook competitor Twitter and payment processor Square – and Elon Musk, the South African entrepreneur responsible for bringing both Tesla and SpaceX to the mix, agree on one thing. That thing is the future and power of bitcoin mining. Bitcoin Mining Is the Center of Many Arguments In a recent tweet, Dorsey commented that bitcoin “incentivizes” renewable energy. From there, he received a response from Musk which simply read...

Trading and transactions with the Chia coins are expected to be enabled on May 3.Chinese hardware and motherboard manufacturer Onda has stepped up to the challenge of the rising shortage of SSD and HDDs in the market by rolling out a new dedicated motherboard for Chia cryptocurrency mining. Since the Chia digital currency Mainnet was launched back in March, the mining activities around the cryptocurrency have gained traction, leading to the scare of a shortage in HDDs and SSDs in the Chinese...

eToro wants the Bitcoin Value Chain to consist of firms operating in the mining, semiconductor, payments, exchange, custodianship, and insurance spaces, as well as the asset itself. Israeli social trading and multi-asset brokerage company eToro has launched a stock portfolio that seeks to track the performance of companies building the Bitcoin Value Chain. According to the company’s announcement, the portfolio dubbed the “BitcoinWorldWide” will not take into cognizance firms that do not...

China has had a very up-and-down relationship with bitcoin. The nation has often been rather harsh with the world’s number one digital currency by market cap, and yet in many ways, it holds a large stake in the digital currency market. Much of the world’s bitcoin mining operations stem from China; it houses the two biggest distributors of mining equipment in both Bitmain and Canaan Creative, and it was once one of the world’s largest purchasers of BTC. China Now Seems to...

Currently, it is not clear what the UK’s Financial Conduct Authority will see fit for the new Binance tradable stock tokens services. The UK’s Financial Conduct Authority speaking to the Financial Times noted that it is working with cryptocurrency exchange Binance to understand its latest services that entail Tradable Stock Tokens. Reportedly, the regulator wants to understand the regulations that may apply to it and also how the firm markets the new feature.Speaking to the FT, the...

The great desire for bitcoin mining to run on clean energy has taken an unexpected turn. While many people still demand this for the future, it looks like renewable energy is not as common as it once was. In fact, the Nordic region – which includes countries like Iceland and Norway – has become a staple area for this kind of energy, and yet it appears to be running dry. Bitcoin Mining Needs Clean Energy, but Supplies Seem Limited For the past few months, as bitcoin has...