Bitcoin Mining
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All Stories for Bitcoin Mining
China wants to ban bitcoin mining in the country but traders aren't very surprised
•China is the world's largest market for hardware designed to mine bitcoin and other cryptocurrencies.
China says it wants to ban bitcoin mining as pressure on cryptocurrency grows
•China wants to ban bitcoin mining, according to a draft list of industrial activities.
The environmental impact of Bitcoin can't simply be mitigated by miners going green
Tech2 News Staff •The efficiency of renewable tech today can't keep up with the pace of Bitcoin mining & transacting.
Bitcoin mining is a significant contributor global warming, warn scientists
Tech2 News Staff •The steady growth of Bitcoin could single-handedly cause a 2ºC rise in temperature by 2033: Study
Amazon’s Fire TV and Fire TV Stick crypto-mining virus: Here's how to check if your device is safe
Tech2 News Staff •The virus called ADB.miner that is usually known to take over gadgets like Android-powered smartphones to mine cryptocurrency is now finding itself at home in a place it wasn’t really designed for, your Amazon Fire TV device.
China's central bank wants to regulate power usage of bitcoin miners for reducing the scale of their production
•China had ordered all initial coin offerings to cease and all cryptocurrency trading exchanges to be shuttered with the aim of containing financial risks.
Bitcoin is considered as Virtual gold but mining it contributes to the global warming
•Bitcoin has been called virtual gold, in part because it is created in a process that insiders call mining.
Bitcoin starts 2017 by crossing $1,000 for the first time since 2013
Fp Archives •Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016.
Bitcoins accepted by over 500 merchants in India, says GBminers co-founder Amit Bhardwaj
Nimish •Bitcoin mining pools are collectives of bitcoin miners who pool-in resources and share their hashing power to solve a math problem, the reward for which is distributed among users based on the proportion of work done. This works better than individual mining (unless you have a farm of ASIC systems for bitcoin mining), which could take ages to generate a block.
Bitcoin 'miners' face fight for survival as new supply halves
Fp Archives •But on Saturday, the reward for miners will be slashed in half. Written into bitcoin's code when it was invented in 2008 was a rule dictating that the prize would be halved every four years, in a step designed to keep a lid on bitcoin inflation.