The southwestern Chinese province of Yunnan is preparing to ban cryptocurrency mining, BTC.top, one of the country’s major mining pools, told Forkast.News today, citing a screenshot of a notice. Fast Facts: Yunnan’s …
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Norton antivirus is adding Ethereum (ETH) crypto mining
Norton 360 customers will have access to an Ethereum mining feature in the “coming weeks,” the company said. Cryptocurrency “mining” works by using a computer’s hardware to do complex calculations …
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Crypto mining rig maker launches ‘mine-at-home’ kits for Asian markets
Crypto mining equipment manufacturer Goldshell has announced that it will launch a new line of mining rigs designed specifically for home use in Asian markets. Fast Facts: The company’s new machines are …
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Tesla competitor to launch first electric vehicle mining Bitcoin and Dogecoin
Canadian light electric vehicle manufacturer Daymak has announced that Spiritus, its yet-to-be-launched futuristic car, will make it possible to mine Bitcoin and Dogecoin while it’s parked. The 20-year-old company also says that …
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Crypto Industry Brass Explains Renewable Energy Can Help BTC Miners
The energy consumed by mining — the process that keeps Bitcoin’s blockchain running — has been an increasingly popular topic of discussion in recent weeks. On Friday, CNBC posted an interview with …
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Bitcoin (BTC) mining consumes 8x more electricity than Google & Facebook combined
The rise of bitcoin in popularity and value continues to cast the spotlight on the asset over its potential. However, there is always a lingering question on how much electricity the cryptocurrency …
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Will Ethereum Miners Participate In The 51% Attack To Maintain High Profits?
Lowering of increasing blockchain transaction fees, which could be as high as $60 USD per transaction, called ‘contract execution’ is currently a matter of concern for the Ethereum Foundation. The …
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Bitcoin mining shares have surpassed BTC by 455% in the past 12 months
Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months. Appearing on CNBC, Fundstrat’s vice president of digital …
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Eth2 transition to accelerate amid rumblings of a miner rebellion
Ethereum’s developers appear to be hastening the network’s shift toward Proof-of-Stake consensus and away from the Proof-of-Work mining community. On March 11, developer “Mikhail Kalinin” published specifications for Eth2’s future blockchain merge …
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It’s official: Iran plans to adopt Bitcoin mining to bypass international sanctions
The Iranian Presidential Center for Strategic Studies, in a detailed report, is encouraging the country to adopt Bitcoin and other cryptocurrencies mining to bypass international sanctions officially. The center with close ties to …
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