[ad_1] Bitcoin has slid even further down this weekend, as the cryptography market has lost $ 17 billion in market capitalization. But problems could only be the beginning, as further declines are likely to cause a domino effect in incentives that keep mining networks running. The danger was initially suggested …
Read More »By reading this page, you are extracting bitcoin – Quartz
[ad_1] This article has been corrected. If you clicked the button above, you're currently pulling out bitcoin, the math-based digital currency that has recently passed $ 1,000 on exchanges. Congratulations. (It will do no harm to your computer, we promise it). The new bitcoins are created approximately every 10 minutes …
Read More »Bitcoin's forks for mining have become more profitable than BTC itself, miners extracting
[ad_1] For a long time, Bitcoin has stood the test of time as the most profitable crypt for mine, and thousands of miners have created bases all over the world. Hardware manufacturers have developed equipment designed specifically for BTC extraction. However, the current trend seems to shift favor from the …
Read More »The suspected thief of electricity was arrested after extracting $ 3 million in Bitcoin, Ether
[ad_2][ad_1] A Taiwanese man was arrested on charges of extracting millions of dollars of cryptodes using stolen power. According to a relationship from the EBC Dongsen News on Wednesday, a man with the surname Yang is suspected of stealing electricity estimated at over NT $ 100 million ($ 3.25 million) …
Read More »The cost of extracting Bitcoin has exceeded the profit: what does it mean?
[ad_1] According to analysts in the encrypted sector of Diar, the Bitcoin miners have registered a turnover of 5 billion dollars in the last 6 months, but for the first time it became unprofitable for the majority of miners when calculating the retail price of the # 39; electricity. The …
Read More »Bitcoin Mining takes more energy than extracting gold or platinum
[ad_1] Digital currencies, as in so-called cryptocurrencies like Bitcoin and Ethereum, may represent the future of our monetary system, but so far they have been terrible for the environment. This is the conclusion of the researchers of the Oak Ridge Institute for Science and Education (ORISE) in Cincinnati, Ohio. In …
Read More »The difficulty of extracting the Ethereum Classic (ETC) reaches its historical maximum
[ad_1] Difficulty of Extraction of Ethereum Classic ( ETC ), the open source distributed public computing platform, based on blockchain which features intelligent contract functionality, exceeded 205 terahash for the first time the miners were flocking to the coin that led to the listing of Coinbase. According to a chart …
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