While the cryptocurrency economy is worth just under $ 2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still extract ethereal, a 1.5 gigahash (GH / s) Ethash mining device can earn $ 51.58 a day. SHA256 bitcoin miners, which can process at speeds of up …
This story is part of Recode by Vox’s Tech Support series, which explores solutions for our warming world. People have many feelings about bitcoin. It’s the cryptocurrency that started it all, the progenitor of a thousand memes, a thousand more questions, multiple dubious salary decisions, and an entire industry built around its promise of a …
Bitcoin mining is not climate-friendly. Can it be? Read More »
Dualminers Ltd DOUBLE PREMIUM High hash rate HELSINKI, Finland, April 21, 2022 (GLOBE NEWSWIRE) – Dual Miners recently won the distinction by becoming the first company to introduce an extraordinary range of endothermic cryptocurrency mining platforms. A team of investors working to make cryptographic mining simple and cost effective. Others have argued that cryptocurrency mining …
Dual Miners Changing the Game in Cryptocurrency Mining Read More »
In a press release today, the U.S. Treasury Department is taking action against companies in Russia’s virtual currency mining industry. The Office for the Control of Foreign Assets (OFAC) has appointed Bitriver AG, a Swiss-based holding company, for a cryptographic mining operation with three offices in Russia, as well as ten of its subsidiaries, for …
U.S. Treasury Sanctions Russian Crypto Mining Operation Amid New Token Launch Read More »
Client of Compass Mining Eng Taing Eng Taing Eng Taing is in the business of making money. He runs his own private equity firm with $ 250 million in assets under management (according to his website), invests in real estate, has worked in science and data analytics at Apple – and joined bitcoin in 2013, …
Fort Worth, Texas, is now the first U.S. city government to extract bitcoins, and in an almost poetic devotion to the initiative, Mayor Mattie Parker oversaw the construction of a small mining farm in City Hall. Three Bitmain Antminer S9 mining platforms will operate 24 hours a day, seven days a week in the Fort …
Fort Worth, TX the first city in the U.S. to mine bitcoin Read More »
One billion dollars are flowing in digital currency. And the energy-intensive operations needed to create and store bitcoins have illuminated energy demand, a potential blessing for the region’s slow-growing utility companies. North Dakota, rich in electricity, aims to become a cryptographic center. Even municipal service companies in Brainerd and Glencoe, Minnesota, are taking advantage of …
Crypto boom a boon for electricity providers, but questionable for climate Read More »
BODEN, Sweden: There is a modern gold mine in snowy Swedish Lapland. But instead of spikes and shovels, it is full of thousands of computers. These machines, known as mining platforms, are working all day to find new cryptocurrency units, in this case ethereum, the second largest token in the world. To do this, they …
The crypto industry wants to go green — that’s easier said than done Read More »
This is the latest report in a series on Greenville City Council racing. Current members of Greenville City Council are defending their votes to allow cryptocurrency mining facilities to operate in the city, but most competitors say they need more information before deciding how they would vote. Only one candidate, Elizabeth “Liz” Liles, who is …
Greenville election: Cryptocurrency mining question splits council hopefuls | Local News Read More »
This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investment advice. 211,000,000,000,000,000,000,000 hashes per second; so fast Bitcoin BTC / USD The network is currently processing information according to Blockchain.com. This staggering number – it’s 211 with 18 zeros after it – is a testament …
The Future For Cryptocurrency Mining — What Will It Take To Sustain Investor Interest? Read More »