Is Bitcoin Mining Causing Too Much Global Warming? The Debate Is HOT
October 30, 2018
While Bitcoin remains at the top of the charts as the most popular and largest cryptocurrency by market cap, a recent study by some scientists doesn’t paint it as exactly cool. The study argues that Bitcoin mining could actually…
How Bitcoin (BTC) is 10,000 Times More Efficient Than Banks
October 25, 2018
In an earlier post, we had explored the possibility of the electric car company of Tesla accepting Bitcoin (BTC) and other cryptocurrencies as a way for customers to purchase the revolutionary eco-friendly vehicles. We had also…
Russian Church Docked $15,000 for Illegal Bitcoin Mining
October 15, 2018
A local utility company in Russia ordered a church to pay higher electricity rates, in line with Russia’s existing legislation.
Church Forced to Pay Higher Electricity Tariff
An Evangelical Church in Irkutsk, Russia, which carried…
Bitcoin Mining in China is 30 Times More Profitable EVEN IN A BEAR MARKET
October 10, 2018
Theoretically, cryptocurrencies as Bitcoin or Bitcoin Cash for example are meant to be decentralized in line with the dictates of blockchain. But, apparently, this has not been the case.
Decentralization in crypto is a myth. It is a…
Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down
October 8, 2018
Man Steals $15,000 Of Electricity For Bitcoin (BTC) Mining
Despite the stringent rules placed on China’s crypto scene, the Bitcoin and altcoin mining business remains as hot as ever. So hot, in fact, that a Chinese man, named Xu…
Renewable Energy Can Solve Bitcoin's (BTC) Energy Consumption 'Achilles Heel'
September 25, 2018
Global Bitcoin mining operations have been reported to consumer enough energy to power an entire country. BTC mining has also been calculated to consume enough energy to power all the global electric cars for one year. The cost of…
Fundstrat: Bitcoin Hashrate Has Doubled, $7,300 Breakeven Mining Cost
September 15, 2018
Hashpower Doubles In Bear Market, Breakeven Cost Skyrockets
Cryptocurrency investors have had a rough year, to say the least, with the collective value of all crypto assets declining by over 80% in the span of eight months. In spite of…
Bitcoin Energy Consumption Could Drive Innovation, Says Research Associate
August 21, 2018
Bitcoin (BTC)–By now, most within and outside of the industry of cryptocurrency are familiar with the narrative surrounding Bitcoin energy usage. The argument goes that as Bitcoin becomes a more popular choice in terms of digital…
