An increasing hash rate means Bitcoin mining is still profitable enough for many players to stay put, defying speculation that prices have fallen past break-even points. LONDON: With Bitcoin... Read more
In my article last week, I talked about how Bitcoin is decentralized, that is, lacks a single point of failure or choke point. One of the things many critics of the article pointed out was t... Read more
Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren’t too happy about it. On a... Read more
Many are questioning the benefits of hosting the power-hungry industry on the island. More than 600 cryptocurrency mining devices have been stolen in Iceland in what local police are calling... Read more
The hijacking of Tesla’s Amazon Web Server cloud system by rogue cryptominers is proof that no one is immune to a misconfigured AWS server nor cryptomining attacks. RedLock researchers... Read more
Someone has to power all the Bitcoin. In the same way that very few people understand how gold is mined from the earth (and subsequently impacts our economical foundation), even less people... Read more
Graphic from Elite Fixtures also says Bahrain is the most expensive places in the world Kuwait is the cheapest country in the GCC to mine bitcoins, according to estimates from Elite Fixtures... Read more
ZURICH (Reuters) – Chinese bitcoin mining giant Bitmain Technologies is expanding to Switzerland in a move that will be key to widening its reach, the group told a Swiss newspaper. A m... Read more
The botnet has been trying to steal digital currency generated from Windows systems running the Claymore mining software. A botnet that’s been infecting internet routers has a new targ... Read more
When bitcoin skyrocketed in 2017, the electricity demand associated with it climbed to about 20.5 terawatt-hours a year New York: There’s a growing debate over how much power will be sucked... Read more
