Tag Archives: Bitcoin Mining

Pakistani province plans to establish two hydroelectric-powered pilot mining farms, hoping to get further exposure to cryptocurrency adoption.Keeping up with the Global Crypto Bullish TrendsThe Pakistani province of Khyber Pakhtunkhwa is reportedly drafting plans to get into the cryptocurrency flow by building two hydroelectric-powered pilot mining farms. According to a recent news report, the region’s authorities have committed to capitalizing on the bullish trends of the global...

As we have seen in the past, bitcoin doesn’t please everyone. No matter how high it rises or how strong it becomes, the world’s number one digital currency by market always seems to polarize people in ways nobody really considered possible. With bitcoin shooting past $55,000 in recent days, one of the latest haters to emerge is Jeffrey Sachs, a well-known economist. Jeffrey Sachs: Bitcoin Has No Intrinsic Value In a recent conference, Sachs said to all his listeners: I...

A man in Washington named Malachi Salcido is being sued by multiple investors who claim he falsely touted himself as a crypto mining expert. Malachi Salcido Is Being Sought for Misuse of Funds Salcido allegedly owned a company called Step Change, which was built to mine and extract new digital coins. Investors plunked down as much as $8.5 million into the company, only to see it completely dissolve not long after. They are now out all that money and say they were lied to...

Bitcoin is doing extremely well as of late. The world’s number one cryptocurrency by market cap has once again surged into the $56,000 range and it looks like the asset is again about to hit its all-time high of $57,000. Bitcoin Mining May Be Doing Some Damage However, with this growth comes a few consequences, and one of those consequences is the carbon footprint that allegedly comes with the extraction of new BTC and crypto mining. As BTC’s price expands, we’re going...

Not too long ago, Live Bitcoin News reported that as bitcoin surged, so did many stocks that were associated with various digital tokens and mining operations. At the time of writing, it seems like the world’s number one digital currency by market cap has been struggling to move past the $50,000 mark again. It is currently still stuck at $48,000 after several days, and there are quite a few crypto-based stocks that are now suffering because of it. The Bitcoin Price...

Canadian company Neptune Digital Assets Corp. is partnering up with Link Global Technologies to engage in crypto mining operations. Neptune and Link Are Hooking Up to Mine Crypto As the price of bitcoin has exploded in recent months, the prospects of mining crypto are suddenly looking rather positive. The higher the price of a certain coin, the more profitable it is to mine, so right now, one can assume that anyone extracting new coins is making a nice living for...

From both ends of the world, bitcoin is the target of much speculation. In the west, it appears to be the subject of positivity, with the likes of Citibank commenting that bitcoin is likely to be at the center of much cultural and revolutionary change. In the east, countries like China are looking to implement serious limits on bitcoin and crypto mining. With both sides offering opposing views, it looks like bitcoin has used this time to heal some of its wounds and...

Grafikkarten haben in den letzten Monaten einen wahren Preissprung hingelegt. Einzelne Modelle insbesondere der Geforce-RTX-Serie von Nvidia stiegen teilweise um mehr als 75 Prozent im Preis. Nvidia-Grafikkarten beliebt bei Minern Die neue Geforce-RTX-Serie läuft unter dem Namen 30 und umfasst Modelle in verschiedenen Preisklassen. Die 3060 ist das günstigste Modell, danach die etwas stärkere...

Lost or forgotten passwords to bitcoin and cryptocurrency accounts typically lead to money that cannot be accessed, and according to German prosecutors, this appears to have hindered a recent case of criminal fraud involving bitcoin mining.Lost Passwords Remain a Serious IssueAt the time of writing, law enforcement agents in Germany are holding a man – who currently remains anonymous – that has stored as many as 1,700 bitcoin units in a specific account. The big clincher is that the man...

As the price of bitcoin continues to surge this week, new arguments are emerging regarding the incredible amounts of energy bitcoin mining requires.Bitcoin Mining Needs More Energy Than EverIn the past, we have all read reports of bitcoin mining needing as much energy as what’s necessary to power Sin City (aka Las Vegas, Nevada). In addition, we have also heard that countries such as Iceland now use more energy for bitcoin mining that they do to power all their residences, but how much of all...