WHAT IS BITCOIN MINING?

Source: BitcoinMiningCom

Breaking News !

Global Bitcoin mining now consumes as much electricity as Nigeria - The Hustle (blog)

The Hustle (blog): Bitcoin prices are at an all-time high (over $7k per coin), but the trajectory comes with a surprising side effect: energy consumption for cryptocurrency transactions is through the roof. As more and more miners take to their comps, they must solve ...

Bitcoin mining heats homes for free in Siberia — Quartz - Quartz

Quartz: Two entrepreneurs have figured out how to heat their homes for free: bitcoin mining. Bitcoin transactions require a lot of processing power, which creates a lot of ...and more ...

Hold the Fork: No 2x But Everything Else Goes at Scaling Bitcoin Event - CoinDesk

CoinDesk: Elsewhere, Min Chen, CTO at bitcoin mining chip manufacturer Canaan, continued the ... more recent positive public relations push with a talk that positioned the company as open-minded to alternatives to proof-of-work, notably given the anger in ...

Split or No Split? Bitcoin Miners See No Certainty in Segwit2x Fork - CoinDesk

CoinDesk: While the attitudes of more corporate miners may have created the impression the sector itself is shrouded in secrecy, the trope ... exactly hold weight. And though ... true those who run the computers that secure bitcoin can be evasive, ... ...

One Bitcoin Transaction Now Uses as Much Energy as Your House in a Week - Motherboard

Motherboard: An index from cryptocurrency analyst Alex de Vries, aka Digiconomist, estimates that with prices the way they are now, it would be profitable for Bitcoin miners to burn through over 24 terawatt-hours of electricity annually as they compete to solve ...

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