Mining

The topic of bitcoin mining is a controversial one as of late given the alleged carbon footprint it leaves behind, though one man feels he may have found a probable solution. 30-year-old Josh Riddett – the managing editor at Easy Crypto Hunter in Manchester, England – claims he has found a way to extract crypto from the blockchain utilizing cow manure. Josh Riddett Is Finding Greener Ways to Mine Crypto Bitcoin mining has been a hot topic recently, with many...

Chinese law enforcement agents have arrested approximately 1,100 individuals on charges of using crypto to launder money. The move is clearly a reminder that China is avidly working towards a society where crypto holds a limited or non-existent presence. China Is Working Against a Crypto Society In the process of arresting everyone, China has also stated that it has eliminated more than 170 criminal gangs known for committing financial crimes. The individuals in question...

Elon Musks Einfluss auf den Bitcoin-Markt kann inzwischen durchaus kritisch gesehen werden. Doch unabhängig davon, ob man diesen als positiv oder negativ einschätzt, er ist weiterhin ungebrochen. Und so hörte der Markt am Wochenende genau hin als Musk auf Twitter eine klare Forderung formulierte. Bitcoin News: Elon Musk will mindestens 50% saubere Energien für Bitcoin MiningDamit Tesla wieder Bitcoin-Transaktionen ermöglicht, müssen mindestens 50% der Energien fürs Bitcoin Mining aus sauberen...

The Tanzanian President’s statements on adopting Bitcoin as the new digital currency seem to be influenced by the recent alterations administered by El Salvador where BTC has been declared as a legal tender.Tanzania appears to be the latest addition in the pool of countries inclined towards adopting Bitcoin and other digital assets in their economical structure. South African countries have been exploring the ideas of adopting Bitcoin and crypto trading as new financial trading mediums....

After the latest crackdown from China on Bitcoin mining and the declining hash rate, the mining difficulty has gone through another adjustment. As a result, the metric has dropped by 20% in less than a month to a 5-month low. China Goes Against Bitcoin Mining The world’s largest country by population has been reiterating its negative stance against the cryptocurrency industry for almost a decade. It did it once again in May, but this time it went a step further. As previously...

The multifunctional platform Tidex with infinite, according to its developers, possibilities, launches staking on cryptocurrencies. The project team offers users an alternative view on staking. Let’s explore the specifics of staking crypto on Tidex. Few words on staking Staking is the process of earning cryptocurrencies by holding them. There are various approaches to how it functions. For example, earning on staking on many decentralized projects (DeFi) assumes locking...

Yunnan now joins Inner Mongolia, Xinjiang, and Qinghai that have all issued notices to shut down part or all of the mines in their regions.Bitcoin mining difficulty dropped by 5.3% in the latter stages of June 13, days after the BTC network recorded a drop-off in hash rate. Bitcoin mining difficulty is a measure of how the network aims to keep blocks being produced at an even rate, despite the wild fluctuating hash rate. To house the varying hash rate, the Bitcoin mining difficulty makes the...

After Tesla stopped accepting Bitcoin as a payment method for its electric cars back in May, Elon Musk has stated that his company would resume receiving Bitcoin transactions, with one condition dependent on the energy consumption. Exactly one month following Tesla’s announcement of halting bitcoin payments, Elon Musk has said on Sunday that the electric vehicle manufacturer will resume allowing BTC transactions. However, there’s one condition: at least 50% of the energy used...

Kevin O’Leary – aka Mr. Wonderful on the television show “Shark Tank” believes that bitcoin could eventually overpower the stock market. Kevin O’Leary: Sustainability Will Make a Big Difference His sentiment comes from the sudden shift that many bitcoin miners are making. Initially, bitcoin was the subject of much concern and disgust amongst environmentalists, who claimed that the extraction process behind bitcoin was contributing to severe atmospheric destruction....

Neue Details bezüglich des Bitcoin Mining Councils (BMC) werden öffentlich und die Bitcoin-Community äußert bereits die ersten Sorgen, dass der BMC eine Zentralisierung des BTC vorantreiben könnte. Bitcoin News: Angst vor Zentralisierung des Bitcoin durch Mining Council wird lautKritiker sehen im BMC keinen Versuch, Grüne Energie und Bitcoin zusammenzubringen. Vielmehr geht es beim neugegründeten Council darum, den BTC durch die Hintertür zu zentralisieren – nicht selten fällt in diesem...