Tag: mining

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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,...

Venezuelan Bitcoin Miners Turning to Ethereum After Government Crackdown

An increasing number of Venezuelans are shifting to mining digital currencieslike Bitcoin so that they can afford to buy their basic needs and survive due to the...

Bitcoin Cash Returns to Profitability Amid Mining Adjustments

The relationship between bitcoin and bitcoin cash continued to evolve today, with the two blockchain networks competing for miner interest and computing power. At press...

Bitcoin Cash Eases Mining Difficulty as Blockchain Adjusts

Bitcoin Cash adjusted its mining difficulty over the weekend, a move that comes just under a week after the alternative version of the bitcoin...

Bitcoin Cash Block Production Accelerates as Mining Difficulty Adjusts

After a slow start, blocks on the newly launched bitcoin cash blockchain are now being mined more frequently. When the cryptocurrency originally split from the main...