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Tag: Bitmain

The world’s riskiest industry

October 1, 2019 0 comments

If you thought investing in cryptocurrencies was risky, try making them. An estimated 4.3 million bitcoin mining machines around the world now perform around 82 exahashes (million trillion hashes) per […]

Can cryptocurrency networks govern themselves?

November 21, 2018 2 comments

Last week’s dramatic price decline across the cryptocurrency market has reignited an old debate—are networks like bitcoin inherently ungovernable? The fork forks again On November 15 bitcoin cash (BCH), itself […]

Bitcoin mining creates a global “battery” of value

June 6, 2018 0 comments

Far from squandering electricity, bitcoin miners perform a socially important function by converting otherwise unusable energy into a global store of value, say analysts at CoinShares, a firm specialising in […]

The cat-and-mouse game of cryptocurrency mining

May 23, 2018 2 comments

A major discovery by Satoshi Nakamoto, the inventor of bitcoin, was that you could ally game theory with computer science and cryptography and achieve a self-sustaining financial network. But there’s […]