Tag: bitcoin mining
ING Suggests Bitcoin Mining Consumes Too Much Electricity
According to an article published by Business Insider, Dutch bank ING recently published a study suggesting that bitcoin mining consumes too much electricity. The report...
Crypto Mining Makes Millions for Gold Mining Maverick
Frank Giustra, a well regarded Canadian mining magnate who created one of the world’s most successful mining companies is now moving his operation digitally to mine...
Korea’s Biggest Bitcoin Meetup Publicly Condemns SegWit2x
Members of the Seoul Bitcoin Meetup have released a formal statement opposing November’s SegWit2x Bitcoin hard fork.
A copy of the open letter uploaded to Medium Thursday confirms the...
Bitcoin Mining Farms Invited to Russian Leningrad Region
Alexander Drozdenko, governor of the Leningrad region in Russia, issued a general invitation to miners to use land in the region for mining farms, per...
Russian Government Plans to Subsidize Bitcoin Mining Electrical Cost
Russian newspaper Izvestiya has reported that the Russian government intends to subsidize the cost of electricity for cryptocurrency miners.
The report indicates that the Russian government, through the Institute...
Monopoly-Resistant Mining? Paper Claims Bitcoin Centralization Fears Overblown
Bitcoin might be naturally resistant to mining monopolies – or so claims a new research paper authored by University of Siena professor of economics,...