Bitcoin Mining | Amazing Crypto

The Bitcoin Double-Spend That Never Happened

No coins were added to the bitcoin supply, as some headlines might lead you to believe.

January 21, 2021

Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud

The company shed $130 million in value after J Capital’s report.

January 20, 2021

Crypto winter: Bitcoiners use mining rigs as heaters as temperatures drop

Bitcoiners have been using the excess heat produced by their mining rigs to stay warm this season.

January 19, 2021

Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System

While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency. Just recently the software engineer Stephen Diehl expressed his dissatisfaction over the environmental cost of bitcoin.…

January 19, 2021

Hive Blockchain Buys 6,400 Mining Machines From Canaan to Reach 1,200 PH/s

Delivery of the new machines is set to start in May.

January 19, 2021

Hive Blockchain Buys 6,400 Mining Machines From Canaan to Reach 1,200 PH/s

Delivery of the new machines is set to start in May.

January 19, 2021

Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations

The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate.

January 18, 2021

A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity

A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s website, the datacenter is getting electricity rates as low as…

January 16, 2021

Tor-enabled Bitcoin nodes are back after bug on network

Anonymous Tor-enabled Bitcoin nodes normally make up as much as 25% of totally reachable Bitcoin nodes.

January 15, 2021

Galaxy enters Bitcoin mining, launches financial services unit for miners

Mike Novogratz’s Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners.

January 15, 2021

Category: Bitcoin Mining