Thursday, January 17, 2019

Intel Patent Gives Bitcoin Mining New Hope

Rising difficulty of Bitcoin mining led to the shutting down of thriving cryptocurrency mining establishments in 2018. High energy consumption of inefficient miners resulted...

Bitcoin Hashpower Has Doubled Since May

Despite the 70% correction and bear market, the hash power on the Bitcoin network has doubled since May. Since February, the cryptocurrency market has fallen...

New Research Shows That Bitcoin Mining Is Cheaper Than Gold Mining

According to research done by LongHash, the annual costs to mine gold costs amount to around $87.3 billion, while around $4.3 billion is spent...

BTC.com Mining Pool Launches Ethereum Operation

BTC.com, the worlds largest mining pool which produced over 20 percent of all mined BTC over the past 12 months, announced that is has...

Google Bans Crypto Mining Apps On Play Store

Google has updated its policy for Play Store, mining apps are no longer welcome. The new policy introduces new restrictions for apps as it attempts to...

Cryptojacking, Are You Mining Without Knowing It?

Is your computer or phone running slow? If yes, you could be mining cryptocurrency without knowing it. Cryptojacking is a form of cyber attack in which...

Hydro-Quebec To Start Bidding War for Power Allocation to Crypto Mining Companies

Recently, Altcoin Buzz News ran a story about a utility company called Hydro-Quebec seeking the guidance of Quebec’s energy regulator, Regie de l'énergie. Hydro-Quebec...

Bitmain Controls 45 percent of the Total BTC Hashing Power

The Chinese ASIC manufacturer Bitmain Technologies controls 45 percent of the computing power through their mining pools. Bitmain is among the most recognizable companies in the...

Renewable Energy Company In Quebec Gets Overwhelmed by Crypto-mining Demand

Earlier this month, Bloomberg published an article that discussed developments with an electricity generating company that was dealing with “unprecedented” energy demand from crypto-mining...

Missoula County Postpones Decision on Cryptocurrency Mining Ban

A county in Montana is currently trying to decide if it should impose a cryptocurrency mining ban. Large cryptocurrency mining operations have targeted the Pacific Northwest...

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