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“# Crypto winter: Bitcoiners use mining rigs as heaters as temperatures drop ” Bitcoiners mining cryptocurrency at home this winter have been staving off freezing temperatures by putting them to good use as heaters. According to the Wall Street Journal, crypto miners in France and the United States report their overall heating costs have dropped …
“# Why Pakistan and the Middle East can bet on crypto mining ” It is especially important for countries to become more aware of cryptocurrencies, especially with components like decentralized finance rising in prominence. Now that the Middle East is becoming more mining-friendly, the future suddenly looks bright once again for this region. Pakistani administration…
“# Tor-enabled Bitcoin nodes are back after bug on network ” According to the latest data from node monitoring resource Bitnodes, Tor-enabled Bitcoin (BTC) nodes are back to normal following almost a full-swing crash in early January 2021. As of Jan. 13, the number of reachable Tor-based BTC nodes amounted to 2,581, up from as few…
“# Galaxy enters Bitcoin mining, launches financial services unit for miners ” Galaxy Digital — the financial services and cryptocurrency investment management firm founded by Mike Novogratz — has set its sights on establishing a footing in the Bitcoin (BTC) mining sector. After a year of increasingly diversifying its products and activities, the company has…
“# Coinbase invests in US-based mining firm amid industry diversification efforts ” Coinbase Ventures, the investment arm of the major crypto exchange, has invested an undisclosed amount into Titan, a developer of software and services targeted at industrial Bitcoin (BTC) mining. According to Titan’s announcement, the investment will help continue development of the company’s products…
“# Man offers city $72M to dig up accidentally discarded Bitcoin fortune ” James Howells, the owner of a discarded hard drive with 7,500 Bitcoin (BTC), has made a fresh plea to excavate a landfill site and possibly recover the device. Back in 2013, Howells accidentally threw away a hard drive containing 7,500 BTC while…
“# Crypto mining allegedly worsening air pollution in Iran ” The push by many in Iran to establish the country as a mecca for crypto miners may be having some unintended environmental consequences. According to a Bloomberg report, the energy requirements of Bitcoin (BTC) and crypto mining in Iran coupled with the demand for heat…
“# Are Bitcoin miners bullish? BTC miners face biggest difficulty bump in 3 months ” Bitcoin (BTC) mining difficulty is set to rise by roughly 11% on Jan. 9, according to data from BTC.com. This marks the biggest increase in nearly four months that will put the metric over 20 trillion for the first time…
“# Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer ” Without any doubt, the year 2020 was unlike any other year in the 21st century: The ongoing COVID-19 pandemic, global governments unstoppably printing money, “lockdowns” and “social distancing” becoming the new normal, protests against racial discrimination and police…
“# Bitcoin mining: The next decade of sustainable crypto innovation begins today ” Since the creation of the first cryptocurrency over a decade ago, many have often been skeptical of their legitimacy, with some even dismissing them as a fraud. But in 2020, this paradigm seemed to have shifted. What has emerged is a shared…