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Cryptocurrency crash sees miner exodus from China

Cryptocurrency market wrap up - A good week for the big players

Mining economics have taken a flip for the more severe. According to the South China Morning Post (SCMP), most of the nation’s bitcoin miners are biting the bullet and promoting off their machines after being not able to proceed mining at a loss. Working with the mix of bitcoin costs …

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Study: Energy for buck, cryptocurrencies are more expensive to mine than metals

Study: Energy for buck, cryptocurrencies are more expensive to mine than metals

The similar find out about additionally offers a somewhat rosy image of crypto mining emissions. A find out about printed in Nature Sustainability on five November has assessed the potency of mining cryptocurrencies subsequent to metals, as measured by means of electrical energy for bucks, in particular how a lot …

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Bitmain’s Overt AsicBoost firmware update is good for bitcoin

Nvidia's quarterly sales results hint at a downturn in crypto mining efforts

Proof of labor philosophy is the arena’s largest make a choice your personal journey tale. Bitmain has announced that it is launched a brand new firmware update for the BM1387-based Antminer fashions. It’s popularly referred to as “overt AsicBoost,” which improves the power potency of bitcoin mining by way of …

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Home grown BTC Markets exchange adds home grown Power Ledger

Home grown BTC Markets exchange adds home grown Power Ledger

Power to the folks, by means of BTC Markets. BTC Markets is one in every of Australia’s moderately few home grown cryptocurrency exchanges, and it is now indexed Power Ledger (POWR), one in every of Australia’s moderately few home grown cryptocurrencies, as its 8th token. “At BTC Markets, our mission …

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Energi Token (ETK) cryptocurrency as a reward for saving the world

Energi Token (ETK) cryptocurrency as a reward for saving the world

A cryptocurrency to lend a hand companies and folks profitably stroll, reasonably than simply communicate, a inexperienced recreation. It’s something to speak a inexperienced recreation, however any other solely to in fact are living it. The downside is that it is a lot of effort, and saving the planet is …

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Australia to get solar-powered coal-using bitcoin farm

Bitmain crypto miner maker earned more than Nvidia in 2017

A bitcoin mining farm to use a mixture of sun and coal energy, to take a look at to fulfill everybody. An organization known as DC Two has announced its plan to construct “the first behind the grid data centre in Australia powered primarily from renewable energy sources.” The knowledge …

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Iceland eyes pivot from bitcoin mining to AI data centre hosting

Iceland flights from $1,487 return

Iceland welcomed the industrial range of crypto mining, however is taking a look well past it. Iceland is a slightly small nation with only a few staple industries. Tourism is naturally one of them, as is fishing. Aluminium smelting has additionally transform a part of its spine. The apply is …

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What does bitcoin’s energy consumption mean in the real global?

Bitcoin miners are getting burnt by competition and low prices

Bitcoin’s energy guzzling is far simpler than all sides of the debate would recommend. OPINION: It’s no longer imaginable to correctly assess how a lot energy bitcoin in truth consumes, or even the maximum thorough research is only a wide estimate, extrapolated from community hashrate after which shoved via guesswork …

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Why a discount is not always a discount when it comes to energy

Why a discount is not always a discount when it comes to energy

Plus… how to spot deceptive offers It’s no secret that energy costs have larger considerably over the previous few years, and as a end result, many Australians are discovering themselves not able to deal with the price of their expenses. In reality, finder.com.au analysis displays that one in seven Australians …

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Bitcoin’s energy consumption will develop, and it can’t be stopped

Who holds the richest 100 bitcoin addresses?

Not all issues have an answer. Bitcoin is an unstoppable energy locust, and there may be little to be carried out. It’s nonetheless now not conceivable to correctly calculate bitcoin’s present and long run energy consumption. Rather, there are only a handful of usually permitted estimates and you’ll shift the …

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