Blockchain is reshaping the financial market, with cryptocurrencies opening up new opportunities for payments, investments, and passive and active income. A 2023 study found that 92% of users are aware…
Search results for: #Mining
Researchers from Cambridge have revised the methodology and updated the data of their index of power consumption by the Bitcoin network. According to the updated information, miners from China still…
Investment giant BlackRock has bought shares in four of the largest U.S. crypto mining companies for $411 million as their values plummeted. BlackRock, the world’s biggest company by assets under…
British scientists compared the power consumption of ASIC equipment for mining cryptocurrencies with systems based on quantum computing, concluding that quantum mining is more energy efficient. Researchers at the University…
Researchers from universities in Australia and the U.S., in collaboration with tech company BTQ, proposed to improve the consensus algorithm Proof-of-Work (PoW) with quantum computing. A team of researchers from…
The recently launched NFT protocol Ordinals caused transaction fees on the Bitcoin network to increase 2.5 times and tripled profits of BTC miners. The Ordinals protocol, which allows NFT storage…
TON Foundation will initiate a vote requiring validators of The Open Network (TON) to decide whether to block the addresses of inactive Toncoin miners. On February 21, 2023, there’ll be…
The first U.S. data center with a direct connection to a nuclear power plant was finally built in Northeastern Pennsylvania. It’s expected to be home to BTC mining equipment with…
Over the past week, the first cryptocurrency showed an active growth, exceeding $21,000 and provoking the entire market rise. The World Bank warned that new “adverse shocks” could lead the…
In 2022, BTC miners sold almost everything they mined. Analysts speculate that the sale of reserves by major mining companies could influence the fall in Bitcoin’s price. Between January 1…