If you’re thinking about dusting off your ASIC now that BTC price has recovered, you may want to pack your bags as well. Check out the top five cheapest countries…
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According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of…
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Gas companies in Canada are utilizing trapped natural gas otherwise flared to the atmosphere for bitcoin mining, creating a useful application for illiquid energy. Why Flare When You Can Mine…
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Iran will adopt a strangely paradoxical stance on Bitcoin as it legalizes mining while maintaining a ban on trading. Central Bank: Bitcoin Mining ‘Should Be Done’ According to local media…
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As if 2019 hasn’t been crazy enough, earlier today someone seemingly tried to counterfeit an entire Bitcoin block. Bitcoin had an invalid block at height 584,802, as spotted by @juscamarena…
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There are some people who get so hung up on the word ‘Can’ that they never consider the word ‘Should’. One of them has converted an Apollo space mission guidance computer…
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Bitcoin mining difficulty – a measure of how hard it is to compete for mining rewards on the world’s first blockchain network – has posted its largest two-week increase in…
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An early computing expert has been restoring the guidance system used by NASA to land a man on the moon in the 1960s. Ken Sheriff has also programmed the machine…
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Bitcoin has since inception, had the potential to revolutionize money and the world economy. But haven’t we seen all this before? A new article suggests that Benjamin Franklin was doing the…
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There are a lot of loopholes in the conversation around bitcoin and its annual energy consumption rate, says a clean energy specialist.Professor Katrina Kelly-Pitou of the University of Pittsburgh wrote that researchers…
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Iran’s Assistant Minister of Industry, Trade and Supply, Saeed Zarandi, said that Trump’s administration is working to block bitcoin mining in the country, according to local news outlet Fars. After…
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A move by the Iranian government to cut off the power supply to local Bitcoin (BTC) miners grabbed headlines in June amid a soaring price gain by the preeminent cryptocurrency.…
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The Bitcoin price appears set for a massive breakout as network fundamentals are at all-time highs (ATH) as the 2020 halving event approaches. Bitcoin Network Metrics at ATH With the…
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The Cambridge Centre for Alternative Finance has released an index of sorts devoted to macro data about Bitcoin, all of it relating to electricity consumption. China and the U.S. rank…
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Bitcoin mining giant, Bitmain, has allegedly completed the signing of employee options and will shortly undergo its initial public offering (IPO). Bitmain Revives ‘$500M’ IPO According to unnamed sources speaking…
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On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept…
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Authorities in Iran have seized roughly 1,000 bitcoin mining machines from two abandoned factories, according to RadioFreeEurope. Following the June 27 action, a spokesman for the Energy Ministry said cryptocurrency…
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Clever bitcoin miners in Iran are setting up shop in local mosques to swerve costly electricity bills, but the Government are hot on their heels. Photo Purports To Show Mosque…
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As sanctions imposed by the United States continue to bite reducing government revenues and widening the budget deficit, Iran has turned its ire to Bitcoin mining operations in the country…
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Bitcoin mining has become competitive than ever. Bitcoin mining difficulty – the measure of how hard it is to earn mining rewards in the world’s largest cryptocurrency by market cap…
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Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal…
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Bitcoin’s recent bull run has juiced demand for new mining equipment, putting pressure on manufacturers to produce enough machines to meet demand. The world’s largest cryptocurrency by market cap is…
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California-based mining company Plouton Mining will build North America’s largest solar-powered bitcoin mining farm, the company confirmed in a press release on June 25. Plouton, which is a subsidiary of…
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Bitcoin has been on fire lately. Since this time last Sunday, it has surged almost 19% from the $9000 price point it traded at last weekend. All signals are coming…
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According to Bloomberg sources, Chinese Bitcoin mining giant, Bitmain Technologies Ltd, is looking to launch an initial public offering (IPO) in the U.S, to raise $300- $500 Million. Bitmain Reportedly…
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By CCN Markets: A former investment banker has been slapped with a fine and a suspension by self-regulatory body Financial Industry Regulatory Authority (FINRA) for mining Bitcoin. According to the…
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By CCN Markets: Here we go again. Yet another article has surfaced taking potshots at the perceived threat of Bitcoin’s energy consumption. A recent article out of MIT Technology Review…
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By CCN Markets: One of Africa’s largest insurer, Old Mutual, announced that it will no longer cover crypto mining equipment due to lack of regulation, wrote IOL on June 12.…
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Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile…
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Cryptocurrency investment products and research firm CoinShares estimates that 74.1% of bitcoin (BTC) mining is powered by renewable energy in its bi-annual mining report published on June 5. The report…
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There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot…
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The latest report from CoinShares shows that renewable energy powers the vast majority of the Bitcoin mining network contrary to the “ocean boiling narrative.” Bitcoin Mining Uses Mostly Clean Energy…
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By CCN: Contrary to popular opinion, it appears that Bitcoin mining might not be as bad for the environment as people think. In a highly detailed report, CoinShares research reveals…
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Over 83 percent of all bitcoins that will ever exist have already been minted. Over 99 percent will be mined by 2040. So, what happens when all the bitcoins have…
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The Australian Securities and Investment Commission (ASIC) published new initial coin offering (ICO) and cryptocurrency guidelines on its official website on May 30. The regulator detailed the prerequisites that a…
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Government authorities in China’s Sichuan province are reportedly probing into local bitcoin mining farms that have allegedly been constructed without official approval. A state-owned newspaper in Sichuan published a front-page article…
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By CCN: Chinese authorities sentenced a 61-year-old grandmother to four months in jail for stealing electricity while mining bitcoin. Qiuping Tang was also fined 10,000 yuan (about $1,500) for electricity…
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A 33-year-old man in the Netherlands has been arrested for bitcoin mining fraud worth over €2 million ($2.2 million). Dutch tax authority’s investigative department, FIOD, announced the news Monday, saying…
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By CCN: A man from Sydney, Australia will appear in court on Tuesday after turning a government computer into a bitcoin mining rig. He allegedly mined $9,000 worth of cryptocurrency…
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