[ad_1] One of the interesting things about open blockchain is that, in theory, anyone can set their computers to focus on these cryptographic enigmas as a way to win prizes. The problem is that mining on important public blockchains tends to demand more and more energy over time, as more …
Read More »China teacher fired for mining cryptocurrency at work
[ad_1] A principal who organized a secret cryptocurrency operation at his school was fired after teachers noticed buzzing from the computer room. According to the BBC, Lei Hua, principal of Puman Middle School in Chenzhou, Hunan Province, was released after being pulled out of ethereum for school purposes. Mr. Hua …
Read More »Ethereum: Chinese teacher fired for mining cryptocurrency at work
[ad_1] A principal who organized a secret cryptocurrency operation at his school was fired after teachers noticed buzzing from the computer room. According to the BBC, Lei Hua, principal of Puman Middle School in Chenzhou, Hunan Province, was released after being pulled out of ethereum for school purposes. Mr. Hua …
Read More »Anonymous Bitcoin Thief Faces Lawsuit by Bitcoin Mining Giant Bitmain in Seattle
[ad_1] An anonymous thief who goes by the name of "John Doe" has an encrypted giant Bitmain has worked out. At the beginning of this year, a hacker got a brief command of the Bitmain account on another Binechange Binance. Furthermore, the hacker became witty. He used other accounts – …
Read More »This graph shows how cryptocurrency mining alone is no longer profitable
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Read More »Gold mining power consumption estimates of Bitcoin Trumps Gold
[ad_1] The extraction of bitcoins supposedly consumes much more energy than mining gold of an equivalent value. This is according to a recent report published by the Nature International Journal of Science and compiled by Max J. Krause and Thabet Tolaymat. He points out that the process of energy-intensive extraction …
Read More »Cryptocurrency mining companies in China close for "severe" tax inspections
[ad_1] chirping Facebook LinkedIn Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so that the government could conduct "very stringent" tax inspections and verification of the registration of real names. The power of the mines was discontinued on 5 November, according to sources from the …
Read More »Is it worth digging into the Ethereum in 2018? How much can you make Ethereum mining? (ETH News Today) -Mon Nov 12
[ad_1] When it comes to mining any cryptocurrency, it is important to examine the cost of the cryptocurrency. Once you are able to evaluate the cost, you realize if it would be profitable or not. In the last 12 months, the Ethereum cryptocurrency has increased 20-fold. Therefore, one might think …
Read More »Ethereum [ETH] mining scam on the school campus; the principal is fired
[ad_1] The blockchain community has had a huge impact on society, in many areas, since its inception in the 2000s. However, it is still debatable on which of the two parties – positive or negative – has a larger footprint in the world. A real stressful operation that often hits …
Read More »Bitcoin Mining Giant Bitmain sues "John Doe" Binance Hacker over $ 5.5 million BTC theft • Live Bitcoin News
[ad_1] Bitmain is a company renowned in the cryptocurrency sector. Their bread and main butter revolves around the creation of specialized mining equipment. This company also filed a lawsuit against unknown persons. This deposit arrives after the company's Binance account has been hacked and funds have been stolen. Bitmain Search …
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