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Tag: mining

Bitcoin miners run out of countries

January 8, 2022 Comments are Disabled

Following this week’s forced shutdown of their activities in Kazakhstan, bitcoin miners face a rapidly shortening list of countries in which to place their equipment. On 5 January, Kazakh authorities […]

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 […]

The hidden politics of cryptocurrencies

May 20, 2019 0 comments

Cryptocurrency networks are intensely political. But it’s often fiendishly hard to work out how those politics operate. Who made the decision to split the ethereum network in 2016, or to […]

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 […]