There’s no denying that over the past couple of years, the narrative that Bitcoin consumes too much power has continued to garner mainstream traction. However, in...
The Great Mining ban of July had a profound impact on the mining industry as after the ban the Bitcoin network lost more than 50% of...
China might have labeled Bitcoin and cryptocurrency mining “obsolete” in the country. But its exit from the sector has proven to be a boon for countries...
Cryptocurrency mining has a negative connotation attached to its name due to the activity’s massive requirement for energy. However lately, crypto businesses are turning to carbon...
Mozilla Foundation, the nonprofit behind Firefox, has announced that it is reviewing its decision to accept crypto donations. Mozilla had announced on 31 December that it...
The two new covid variants have clearly shown- 2022 is not going to be a smooth sail. While the COVID case count is one concern, another...
Bitcoin mining has long been singled out for its contribution to rising global carbon emissions. Estimates suggest that the Bitcoin network consumes roughly 122 terawatt-hours of...
In the month following China’s crackdown on miners, the Bitcoin hashrate had almost halved, data from mining pool BTC.com shows. With less competition from Chinese miners...
Often considered the king coin of the crypto market, Bitcoin was trading at $48,611 at the time of writing. With that, BTC is down almost 1%...
Mining for Bitcoin is a highly intensive process. It involves heavy computing to verify transactions. The energy demand for mining Bitcoin has grown significantly since 2013....