Sweden Braces For Migrant Caravan Of Norwegian Bitcoin Miners

Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt. ‘The Dirtiest Form of Cryptographic Output’ Up until this week, mining firms in Norway qualified for the same […]

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Bitcoin Mining Wasteful? Christmas Lights Use More Energy Than Some Countries Bitcoin Mining Wasteful? Christmas Lights Use More Energy Than Some Countries

Think mining bitcoin is a waste of energy? Then you better ignore the energy consumption of US Christmas lights every year, which uses more electricity than some countries.  Energy Consumption of US Christmas Lights ‘Tis the season to be jolly. The time of year when family and friends get together, children play, carolers sing, and […]

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How To Mine Bitcoin More Efficiently…Use An Actual Mine in Norway

Bitcoin mining is unquestionably a costly business, but Northern Bitcoin claims to have cut expenses by using a former metal mine in Norway. Innovation Station Bitcoin mining is unquestionably a costly business, both in financial and ecological terms. But Northern Bitcoin claims to have cut their price and energy costs by utilizing a former metal […]

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AMD Shares Plummet As Blockchain-Related Q3 Sales Turn ‘Negligible’

Shares of the American multinational semiconductor company AMD have plummeted amid lackluster sales of blockchain-related products. The firm revealed in its quarterly report that blockchain-related GPU sales were “negligible.” Revenue Drops, Stock Price Follows Per the quarterly report published October 24, AMD has recorded a revenue of $1.65 billion for the third quarter of 2018. […]

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U.S. Federal Election Committee Considers Request to Mine Cryptocurrency for Political Campaigns

Candidates for the 2020 presidential election may be able to accept cryptocurrency mining profits as campaign donations.  Could Mining Reform Political Campaigning? Osia Network, LLC, recently made a request to embed cryptocurrency mining tools on the FEC website and the U.S Federal Election Committee (FEC) is considering whether or not mining profits could be used […]

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Chinese Internet Titan Baidu Announces ‘Super Chain’ Blockchain Protocol

Georgi Georgiev · June 3, 2018 · 5:00 pm China’s Google, as Baidu is commonly referred to, announced that they have released a blockchain-based protocol dubbed “Super Chain.” The solution is intended to resolve the issues related to mining energy consumption. Speaking at an event in China, Xiao Wei, chief scientist of Baidu’s blockchain division, […]

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