Mining

It’s happened again, folks. In the age of crypto bankruptcy and companies falling apart amidst the growing bear market, another digital currency firm has entered legal bankruptcy protections as a means of getting creditors and angry customers off its back. This time, the enterprise in question is Compute North, a digital currency mining firm. Compute North Is Having a Hard Time This is the first time that a crypto mining company has entered bankruptcy proceedings, which...

A new report suggests that bitcoin is bad: very bad. It’s so bad for the environment, it’s on par with hardcore beef production, and it’s far worse than gold mining. Bitcoin and Beef… The Former’s Worse? The paper is co-authored by Benjamin A. Jones, an associate professor of economics at the University of New Mexico. In a recent interview, he commented: [This energy use] is because of the proof of work production process that [bitcoin] uses. Miners all over the world...

There’s some good news about bitcoin mining in the sense that recent reports suggest the process is utilizing far less energy than it has in the past. However, it appears the numbers have only gone down somewhat, and the world of crypto mining is still wreaking havoc on energy supplies everywhere. Mining Is Coming to a Standstill It has widely been reported that bitcoin and crypto mining uses more energy than some developing nations, and the incoming reports still...

A billion-dollar crypto money laundering case in China has come to an end. Authorities say they busted an illicit group of money launderers who used a total of 40 billion yuan (roughly $5.6 billion in USD) to purchase digital currency funds. China Is the Center of a Major Crypto Money Laundering Case Arrests of over 90 individuals alleged to have been involved in the case recently occurred in the county of Hengyang, which is centered in China’s southern province of Huna....

Wieder einmal versucht die Umweltschutzorganisation Stimmung gegen den Cryptomarkt und Bitcoin im Speziellen zu machen. Doch inzwischen stellt sich die Frage, ob tatsächlich Umweltschutz oder Politik hinter der Kampagne steckt. Bitcoin News: Greenpeace mit Kampagne gegen BitcoinVor allem das Proof of Work Prinzip hinter dem BTC soll laut Greenpeace die „Klimakrise verschärfen und der Gemeinschaft schaden“. Das Crypto-Mining gilt als das zu lösende Problem, laut den Aktivisten, da hier...

Bitcoin SV is getting bogged down after a majority hash power began mining blocks that don’t include any transactions.  In response to the event, the Bitcoin Association has contacted all relevant exchanges to freeze the block rewards associated with the attack.  Explaining the Empty Block Attack As told by Todd Price – Curriculum Specialist for the Bitcoin Association – most Bitcoin SV blocks currently don’t include any transactions. By contrast, the network’s mempool –...

Bitcoin Minining Die Mining-Industrie hat so viele Probleme, dass sie inzwischen als schwer angeschlagen gilt. Standorte werden geschlossen, die Unternehmen suchen nach frischem Kapital. Die Handelsplattform Binance hilft daher mit einer Kreditfinanzierung von 500 Millionen US-Dollar aus. Binance ist die grösste Bitcoin-Börse der Welt und wer dort noch kein Account hat, erstellt am besten einen Account genau dann, wenn Bitcoin nicht in allen Medien...

The minable version of Ethereum has garnered a lot of attention since it spawned as a hard fork this time last month. In a move remnant to the 2017 genesis of Bitcoin Cash (BCH) from its big brother, EthereumPoW may have started another fork war between proponents of each respected network. The fork was spawned by former Ethereum miner and ICO investor Chandler Guo, who tweeted on Oct. 14 that more than 100 projects have been launched on the network in just a month. now more...

SAI.TECH – a digital currency and bitcoin mining operator that runs on clean energy – has announced it will be sponsoring and presenting the 2022 Cryptocurrency Research Conference (CRC), which will be held in Durham in the United Kingdom. The CRC Is Underway The CRC offers digital currency mining firms the opportunity to both present and hear new ideas regarding the development of digital currency trends. SAI.TECH has been sponsoring the event since 2021. Arthur Lee –...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.