Philippines SEC Warns Of ‘Cloud Mining’ Ponzi Related To Bitcoin Vault
The Philippines SEC has identified Mining City as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years...
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birkinfinder
Sep 17, 20201 min read
Energy Giant Equinor To Cut Gas Flaring With Bitcoin Mining
Publicly traded petroleum multinational Equinor is moving to significantly reduce natural gas flaring by mining cryptocurrency, according...
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birkinfinder
Sep 17, 20206 min read
Is Bitcoin Mining Really Moving To North America?
Since 2018, there’s been talk about China losing its crypto mining lead to North America. The idea made headlines again in early 2020...
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birkinfinder
Sep 12, 20202 min read
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are...
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birkinfinder
Sep 12, 20204 min read
The Harsh Truth About Bitcoin Mining And Climate Change
Bitcoin has frequently been lambasted for its energy-intensive mining process. Two years ago, Nature Climate Change warned that Bitcoin...
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birkinfinder
Sep 2, 20201 min read
Kazakhstan On Track For $700M Crypto Mining Investment Goal, Says Minister
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining....
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birkinfinder
Sep 2, 20206 min read
Protection Over Profit: What Early Mining Patterns Suggest About Bitcoin’s Inventor
The takeaway: New research from RSK/IOV’s Sergio Demian Lerner reveals that Patoshi, an early Bitcoin miner assumed by many to be Satoshi...
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birkinfinder
Sep 1, 20203 min read
What Death Spiral? Bitcoin Mining Difficulty Rises By 9% Since Halving
Bitcoin mining difficulty has risen by 9% since the May 11 halving, demonstrating that the ecosystem remains healthy despite post-halving...
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birkinfinder
Sep 1, 20203 min read
China's Bitcoin Mining Industry Impacted the Most This Year, Says Report
The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry...
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birkinfinder
Aug 28, 20202 min read
It takes an estimated seven nuclear plants to power our bitcoin mining
Turns out that plugging a bunch of computers into our electrical grid that do nothing but draw current and hash through algorithms has...
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birkinfinder
Aug 27, 20202 min read
Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1 Million Bitcoin
Cryptocurrency advocates have been recently discussing the mysterious Bitcoin inventor Satoshi Nakamoto as RSK’s chief scientist, Sergio...
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birkinfinder
Aug 26, 20202 min read
Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin
China accounts for more than half of the world’s Bitcoin mining capacity but Jameson Lopp, the co-founder and CTO of Casa, has hosed down...
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birkinfinder
Aug 26, 20202 min read
Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including 100 million rials (about...
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birkinfinder
Aug 21, 20204 min read
Legal and Illegal Crypto Mining – What are the differences?
Crypto Mining is an extremely complex, resource-intensive – and therefore expensive – process. While in the early days of Bitcoin and Co....
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birkinfinder
Aug 21, 20207 min read
Is Bitcoin Mining Profitable or Worth it in 2020?
The short answer is yes. The long answer… it’s complicated. Bitcoin mining began as a well paid hobby for early adopters who had the...
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birkinfinder
Aug 18, 20203 min read
Illegal Bitcoin Mining – How cyber criminals tap into your computer
Crypto Mining using JavaScript Commands Basically, a distinction must be made between two types of illegal crypto mining. The most...
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birkinfinder
Aug 16, 20201 min read
Bitcoin Hash Rate Hits Record Average High Defying BTC Price Bears
An essential Bitcoin (BTC) metric has hit a new all-time high as miners pledge ever more computing power to securing the network. Data...
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birkinfinder
Aug 15, 20202 min read
Bitcoin Mining Is Profitable, If You Generate The Power
The New York Finger Lake Region is known for its wine and glacial formed waterways. It is a beautiful place. And it now it qlso hosts a...
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birkinfinder
Aug 14, 20201 min read
Bitcoin Miners Saw 7% Revenue Increase in July
Bitcoin miners enjoyed a 7% increase in revenue during July, driven by higher network fees and increased transaction volume as bitcoin...
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birkinfinder
Aug 13, 20201 min read
Mining Stocks Are Beating Bitcoin in a Bullish Cryptocurrency Market
Betting against bitcoin has been a losing battle for months with the crypto up more than 200% since its March lows. Benefiting from this...
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