Ethereum is by far the most popular cryptocurrency for GPU miners. The post GPU mining could eventually be profitable after Ethereum moves to proof of stake appeared first on CryptoSlate…
Miners throughout the world have been increasingly busy in recent months, as seen by jumps in hash rates that corresponded with a huge increase in cryptocurrency values. Ethereum (ETH) could be purchased for $130 at the beginning of 2020, and it has already hit $500. Bitcoin (BTC…
The mining difficulty of the world’s largest cryptocurrency, Bitcoin (BTC) has never been higher…
The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company called Sphere 3D has detailed that it purchased 60,000 Numiner NM440 mining rigs and aims to deploy 32 exahash per second (EH/s) of…
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows talking points condemning the network’s electrical consumption have been greatly exaggerated…
The Bitcoin (BTC) mining network contributed less than 0.08% to the world’s total carbon dioxide (CO2) emissions, according to digital asset investing firm CoinShares. Data obtained by the company suggests that BTC mining is responsible for a marginal share of the global CO2 emissions, in particular when compared with the variety of services that are…
The entire cryptocurrency market at press time is bleeding profusely. The total market capitalization declined by almost 11% over the past 12 hours. The massive slump resulted in a loss of around $233 billion sending the total market cap. Thereby, plunging below $2 trillion for the first time since late September…
Reading Time: 2 minutes A memo published in advance of a crypto mining hearing has highlighted the inaccuracies perpetuated by so-called studies The memo cited ‘research’ that cites “approximate figures” The report also doesn’t name any of the “external sources” from which it got its data The forthcoming congressional hearing over the impact of cryptocurrency…
Secret mining: Cybercriminals are making money by secretly mining cryptocurrency on victims’ devices. And, it is extremely difficult to get rid of them. The post Secret Mining: Almost 180,000 Addresses on the Internet are at it – Study appeared first on BeInCrypto…
Reading Time: 2 minutes Cryptocurrency mining will come under house scrutiny for the first time next week A House Energy and Commerce Committee is meeting with crypto mining leaders to discuss the impact of cryptocurrency mining on the planet There is a worry that misinformation will plague the hearing A House Energy and Commerce Committee…
