Tag Archives: Gold

Mining Bitcoin now burns more energy than producing precious metals, including gold – Hardware – Finance – Networking

[ad_1] The energy demands for mining four major cryptocurrencies, including Bitcoin, has outstripped the energy costs of mining. Mining cryptocurrencies implying future complex calculations to confirm new transactions and add them to the decentralized ledger on which a cryptocurrency operates. It's a process that can be done on varying scales …

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Tron Foundation Announced Obtaining Binary Gold Label Information

[ad_2][ad_1] To share Tweet To share To share E-mail Tron Foundation announced that Tron officially joined the Gold Label project of Binance Info. The company announced on November 26th. Here he confirmed that Tron is one of the first projects that have joined the initiative. The company's official message began …

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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 …

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What is Bitcoin Gold? All you need to know about your hard drive

[ad_1] What is Bitcoin Gold? Just a few months after the Bitcoin Cash fork, Bitcoin's blockchain saw another community-led hard fork known as Bitcoin Gold (BTG). Bitcoin Gold hopes to change the mining paradigm on the Bitcoin blockchain. According to the founders, Bitcoin's blockchain has become too centralized. Big companies …

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