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“# Bitfarms estimates Argentinian facility will reduce BTC mining costs by 45% ” Canadian Bitcoin mining firm Bitfarms has updated its plans for expansion in South America, revealing it has secured an eight-year contract to draw up to 210 megawatts, or MW, of electricity for $0.022 per kilowatt-hour, or kWh. According to an April 19…
“# Did a massive Chinese power outage cause Bitcoin’s crash down to $50k? ” Woo noted reports identifying the blackouts were published late last week, with the power outages occurring to facilitate safety inspections in response to a recent flooding accident at a local coal mine that saw 21 miners temporarily trapped underground after power…
“# What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies ” It’s undeniable that Bitcoin (BTC) and Ethereum (ETH) are currently the two most dominant cryptocurrencies and as a result they receive the most of the attention from the mainstream media, institutional investors, and retail investors, but this doesn’t mean that the sector…
“# Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag ” Bitcoin (BTC) has seen a classic indicator of a coming bull run pass a historic milestone as miners commit more and more resources to its future. According to data from on-chain monitoring resource Glassnode on Friday, Bitcoin’s network hash rate…
“# Chinese investors reboot Iranian Bitcoin mining facility ” After four months of closure, Iran’s largest Bitcoin mining facility is set to resume its operations. According to a report by IranWire, the decision to restart operations at the Bitcoin mining farm was due to massive financing put up by Chinese backers. Located in Rafsanjan, a…
“# Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup ” The Bitcoin energy consumption debate is heating up faster than the planet, with corporations facing pushback from the public and shareholders over Bitcoin investments. According to a Citigroup Inc. report, Bitcoin is consuming 66 times more electricity than it did in 2015. It…
“# Crypto mining will be a bridge to 100% renewable energy production, says Mike Colyer ” Mike Colyer, CEO of Foundry Digital, a crypto mining subsidiary of Digital Currency Group, says that mining Bitcoin could eventually help the world transition to green energy. Speaking at the Crypto Mining Forum online event today, Colyer said he…
“# The race to ‘decarbonize Bitcoin’ accelerates with Decarbbitcoin Labs initiative ” DecarbBitcoin Labs, an environmentally-focused think tank founded by Community Electricity, is taking a hands’ on approach to fighting climate change in California — and is using Bitcoin (BTC) mining as its first prototype. Building off California’s Environmental Justice Program, whose mission is to…
Bitmine v2.0 – Advanced Bitcoin Mining Platform PHP Script Free Download. BITMINE is an Bitcoin Mining PHP Script made with Laravel Framework. its Built to be beautiful, fast, secure and powerful. It comes with Minimum Banking features like auto Deposit (block.io, coinpayment, blockchain, coingate) Automated Mining without Cronjob, Sharing Bitcoin, Referral bonus and more. Main…
“# Riot Blockchain Bitcoin production jumps 80% over pre-halving levels ” In an announcement today, Riot reported that it had produced 187 Bitcoin (BTC) — roughly $11.2 million — last month, an 80% increase over its BTC mining in March of last year. The company said it held more than 1,565 Bitcoin on its balance…