bitcoin mining Archives - New Money Review

Tag: bitcoin mining

Sweden calls for EU-wide bitcoin mining ban

November 11, 2021 Comments are Disabled

The Swedish government has called for a European Union-wide ban on the mining of energy-intensive cryptocurrencies like bitcoin and ethereum. Bitcoin and ethereum use an energy-intensive computer algorithm called ‘proof-of-work’ […]

Half of bitcoin miners go dark in two months

June 20, 2021 Comments are Disabled

Bitcoin’s hash rate has fallen by nearly half in two months after the Chinese cryptocurrency mining sector was largely shut down. Bitcoin hash rate plummets At 102 exahashes per second […]

Bitcoin mining activity hits new heights

January 30, 2020 Comments are Disabled

Bitcoin’s hash rate—the processing power that secures the cryptocurrency’s transaction history—continues to soar and is now up sixfold in two years. Bitcoin miners currently perform an aggregate 123 exahashes (million […]

Peter Thiel’s contrarian bitcoin bet

October 18, 2019 0 comments

Building a new bitcoin mine in the middle of Texas, where summer temperatures often reach 50 degrees Celsius, seems a terrible PR move in a world increasingly preoccupied by global […]

Polluters or saviours? Bitcoin miners revisited

January 23, 2019 0 comments

Bitcoin miners secure the cryptocurrency’s network and mining has evolved into an energy-intensive, highly specialist industrial activity. But is bitcoin mining a totally unnecessary waste of electricity? Or could it […]