Mining
Green Swedish Crypto Coming Online
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We are seeing more green initiatives from the far North: Goobit Group has signed a collaboration agreement with Xpecunia Nordic. The agreement gives Goobit exclusive rights across the Nordic countries to sell the cryptocurrency that Xpecunia Nordic extracts by means of green energy. This makes BTCX the first Nordic exchange
Chia debunked: a not so smart way of burning resources
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Every year since Bitcoin's launch, tech guys suggest what they believe are novel ideas and present them as "better than bitcoin." Read (Bitcoin is Backed by Power – Energy/Time = Truth) to understand why energy is needed to protect Bitcoin and why it's a wholly new invention. Turning power into security
Report: Bitcoin miners are hoarding
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A leading crypto analytic site, Glassnode, has revealed an interesting attitude amongst Bitcoin miners in recent times. According to the site, miners of the top crypto asset are now accumulating more of the flagship cryptocurrency than in recent months. Per the chart released by Glassnode, newly minted BTCs are not
Is Bitcoin Mining An “Energy Waste”?
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By Nanok Bie, October 6, 2015 This post was written in 2015. Does it hold up today? The argument that mining (verifying transactions and timestamping information) in the Bitcoin network is a “waste of energy” has been repeated over and over by people looking to copy Bitcoin, by uninformed VC’
