Top 5 Cheapest Countries to Mine Bitcoin
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 to mine Bitcoin below. The
Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
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 export. The CBI governor, Abdol
Bitcoin Mining May Prove Useful for Gas Well Owners
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 Bitcoin Canadian gas companies in
Iran Formally Allows Bitcoin Mining Despite Trading Ban
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 outlet Press-TV and others, Iran’s
Bitcoin To Hit New All-Time High ‘Imminently’: Tom Lee
New all-time highs are “imminent” for Bitcoin price serial bull Tom Lee has declared as the cryptocurrency reclaims $13,000. BTC Within $800 Of 15-Month High Speaking to CNBC on July 9, Lee, who is a
‘To The Moon’, Is Where This Bitcoin Mining Rig Went
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 into a Bitcoin mining rig.
Was Benjamin Franklin The Bitcoin Miner Of His Day?
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 equivalent over 250 years ago.
Bitcoin Price Consolidates as Hash Rate Hits ATH
Bitcoin price spent the weekend consolidating as the action has all gone sideways for the time being. There was another dip down below $11,000 yesterday but BTC recovered back as it heads towards resistance once
Bitcoin Price Set for 2020 Halving Breakout: Mining and Network Activity at ATH
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 Bitcoin block reward halving less
Cambridge University Unveils Bitcoin’s Real Energy Demands
The University of Cambridge has just launched the Cambridge Bitcoin Electricity Consumption Index (CBECI). Its hope is to cut through the myths and provide unbiased and accurate real-time data for analysis. An Unbiased View Of Bitcoin’s
Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament
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 of Nakamoto Consensus where “miners
Bitcoin Hashrate: Now 10X the Number of Grains of Sand on Earth
The Bitcoin network hash rate has climbed to an all-time high (ATH) of 69 quintillion hashes per second – 10x the number of grains of sand on Earth. More Bitcoin Hashes Per Second than are
Iran: Bitcoin Miners Move into Mosques to Dodge Electricity Bills
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 Miners As social media users
Why Rising Number of Mining Companies Are Embracing Blockchain Technology
Blockchain has been digitally transforming every enterprise in every industry. Blockchain’s encryption technology and digital ledger allow securely storing and sharing of cryptocurrency. Blockchain provides security and transparency in business ...
