Mining

Experts are saying that a simple switch in the bitcoin code would be enough to make the crypto mining process a lot safer for the planet. Mining Arguments Continue to Permeate the Space The arguments surrounding crypto mining have raged for years. While many say that crypto mining really doesn’t use as much energy as environmentalists think, others say the process is very damaging and will ultimately cause the planet to turn an irreversible corner. Men like Elon Musk,...

Chris Larsen – angel investor and co-founder of Ripple – is funding an environmental campaign to change Bitcoin’s code. Using his funds, a consortium of environmental groups will run ads across major newspapers to convince miners, software developers, and others to drop the network’s ‘proof of work’ consensus mechanism. Explaining Proof of Work To be clear, the environmental ‘lobby’ seeks not to end Bitcoin itself, but to see it shift toward a less energy-intensive security...

The city of Brenham in Texas has always been a major crypto mining hub. Many residents have taken to crypto mining as a hobby or as a means of earning extra funds. They do not employ expensive machines or have large warehouses filled with mining rigs to do this. Instead, they just do it out of their own homes, a testament to how loose the city has been with its regulations. Brenham, Texas Is Scaling Back Crypto Mining Energy Usage However, it looks like the city of...

As of Friday, the 19 millionth Bitcoin was officially mined, leaving only 2 million left to enter circulation. The Bitcoin network regularly produces new coins each time a block of transactions is added to its ledger. Each block is produced through a process called “mining”, whereby users race to solve a mathematical problem for completing the block using computer power. The first to produce the block is rewarded with the new Bitcoin, plus all relevant transaction fees. At...

Intel’s new gaming chip is now available on laptops, and it’s being hailed by some in the crypto industry as a major disruptor to the cryptocurrency mining hash race. Here’s a short primer on Moore’s Law from Intel: “In 1965, Gordon Moore made a prediction that would set the pace for our modern digital revolution. From careful observation of an emerging trend, Moore extrapolated that computing would dramatically increase in power, and decrease in relative cost, at an...

Bitcoin Mining wird umweldfeundlich. In diesem Artikel steht warum. As of today, there are 19 million bitcoin in circulation. This means there are only 2 million left to be mined. Due to the maximum amount of bitcoin – 21 million – bitcoin is scarce. The inflow will only decrease in the coming years. When will the last bitcoin be mined? The bitcoin algorithm states that the last bitcoin will be mined around 2140. Thus, the mining of the...

ExxonMobil – one of the biggest gas and diesel providers in the United States – is taking a page out of the ConocoPhillips book and is looking to mine bitcoin in North Dakota. ExxonMobil Seeks to Use Natural Gas to Mine BTC This is a testament to how big crypto mining has become in America. Not long ago, ConocoPhillips – a major provider of gas and oil – announced that it would be selling excess energy to mine the world’s number one digital currency by market cap. Now,...

INTERNET CITY, DUBAI, Mar. 28, 2022 – LBank Exchange, a global digital asset trading platform, will list Zirve Coin (ZIRVE) on March 30, 2022. For all users of LBank Exchange, the ZIRVE/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on March 30, 2022. As a joint project of Zirve Group, Zirve Coin (ZIRVE) was created to integrate companies into the metaverse, with features including reserve fund, governance, staking, yield mining,...

Dans cet épisode, je rencontre Erwan un auditeur du podcast qui m’a contacté avec des questions sur le minage. Est-ce que miner soi-même c’est rentable ? Y a-t-il un minimum pour miner ? Que penser des solutions de cloud mining et de minage alternatif ? A quoi sert un noeud ? Quelles différences entre un mineur et un noeud ? Autant de questions auquel je tente de répondre au mieux dans cet épisode questions réponses. En savoir plus : parlonsbitcoin.co A suivre également...

Residents of a Tennessee town are not too happy with the addition of a bitcoin mining facility that’s allegedly causing heavy noise in the area. The facility was built by Red Dog Technologies, and it’s been stationed in a small area where everyone seems to know one another, and problems are few. Bitcoin Mining Is Creating Too Much Noise for These Residents The noise of the bitcoin mining business allegedly started out as a small hum last spring. From there, it got louder...