Arcane Research – a digital asset analysis firm – has published a report examining Bitcoin mining, and its relationship with global energy. The paper argues that the mining industry can transform worldwide energy production for the better – contrary to its frequent portrayal as a social and environmental harm. Reinforcing the Grid and Renewable Technologies The report, published on Wednesday, provides four ways in which mining can improve energy systems in a desirable and...
Read More »Ethermine Unveils New Staking Service as The Merge Nears
With the mining era slowly coming to an end, the world’s largest Ethereum mining pool – Ethermine – has launched a staking pool service for users. To become a validator on the Ethereum network, users must invest 32 ETH. But Ethermine’s new service, dubbed – Ethermine Staking – offers a workaround. It aims to let members of the pool collectively stake their Ether (ETH) and also earn interest after the transition of Ethereum’s consensus mechanism from Proof-of-Work (PoW) to...
Read More »Bitcoin Mining Difficulty Sees Largest Increase Since January
Bitcoin’s hash rate is recovering fast – and it has the mining difficulty to prove it. The network’s latest difficulty adjustment rose the mathematical bar for mining a block by 9.26% – the largest increase since January. That’s the third adjustment in a row during which network difficulty has risen, despite a bear market that inflicted serious pain on the mining industry. Bitcoin Remains Secure According to data from BTC.com, Bitcoin’s difficulty recovered to 30.98 trillion...
Read More »Iran Formally Approves The Use of Digital Assets for Imports
Iranian trade minister revealed on Monday that regulations and logistics have been finalized to facilitate the use of crypto in Iran’s international trade. The move comes nearly 3 weeks after it officially announced to have completed $10 million worth of imports paid in crypto. Iran Approves Crypto for Global Trade Iran’s Trade Minister Reza Fatemi Amin said the country, which has been facing US sanctions since 1979, on finalized regulations to use cryptocurrencies for...
Read More »Bitcoin Mining Difficulty Expected to See Largest Increase in 7 Months
The bitcoin mining difficulty is expected to see its largest increase in over seven months later this week. This comes as the hash rate has surged by almost 30% in the past two weeks. Largest Increase in Mining Difficulty Since January? The bitcoin mining difficulty adjustment is an essential part of the world’s largest blockchain that makes it either easier or harder for miners to do their job depending on the number of entities plugged into the network. Essentially, the...
Read More »Surfin’Bitcoin – Programme de la journée du 27 août
Les thématiques du jour : MINAGE & ÉNERGIE (matin), TECH & TOOLS (après-midi). Les conférences se déroulant dans la salle Ledger s’adressent au grand public, celles de la salle Stackinsat sont davantage à destination des experts et des professionnels du secteur. Le programme complet est disponible sur l’application Surfin Bitcoin 2022 (Play store – App store). 9h00 – Besoin énergétique du bitcoin par layer avec Nicolas Cantu,...
Read More »Crypto-Mining-Farmen im Iran beschlagnahmt
Im Iran wurde in den letzten Tagen Equipment der Mining-Farmen beschlagnahmt. Offiziell heißt es, dass die iranische Regierung damit Blackouts verhindern wolle, die durch Strommangel verursacht werden. Crypto News: Crypto-Mining-Farmen im Iran beschlagnahmtInsgesamt berichtet die Regierung von 9.404 beschlagnahmten Mining-Geräten. Bei den Farmen handelt es sich jedoch vor allem um illegale Einrichtungen, die nicht offiziell gemeldet sind.Schon im letzten Jahr kam es zu Blackouts, so dass die...
Read More »Everything You Should Know About Bitcoin Halving
The total amount of traditional currencies that are accessible for purchase fluctuates up and down under the steady gaze of national central banks; however, the number of bitcoins that are in circulation will never change. The term “halving” refers to the method by which the Bitcoin protocol will automatically cut in half the number of new coins released with each new block. So, what is bitcoin halving? We shall cover that and more in the following sections. Bitcoin...
Read More »Bitcoin Miners Pocketed Quick Profit by Selling Nearly 6K BTC Amid Recent Rally
It has been a tough year for crypto miners who had to sell their coins to cover their costs and fund expansion as well as for the repayment of debts. But this trend appears to be continuing into the third quarter of the year for some. Bitcoin price successfully broke out before facing rejection near the $25,000 level. Since then, it has been on a downtrend. This has resulted in mounting sell pressure on Bitcoin miners. However, during the brief upswing in early August, they...
Read More »LBank Exchange Will List BTCMININGNFT (BMN) on August 19, 2022
INTERNET CITY, DUBAI, Aug. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list BTCMININGNFT (BMN) on August 19, 2022. For all users of LBank Exchange, the BMN/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on August 19, 2022. As a new powerhouse in bitcoin mining investment, BTCMININGNFT (BMN) legally gives investors the opportunity to visit bitcoin hashrate through corporate systems and converts the hashrate of...
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