bitcoin mining

MrBitcoin July 28, 2018

As Bitcoin mining becomes more expensive and is criticized as being detrimental to the environment, several initiatives are being put forward to reverse this situation. The latest move comes from Brookstone Partners, which involves building a 900-megawatt wind farm in Morocco dedicated to mining Bitcoin. Bitcoin Mining To Minimize Carbon Footprint Critics have always argued […]

MrBitcoin June 24, 2018

Bitcoin Mining giant Bitmain has mined 42% of all Bitcoin blocks this past week, steadily moving closer to controlling a majority 51% of th network hash rate.  Bitmain Moves Closer to 51% ASIC manufacturer and cryptocurrency mining giant Bitmain — claimed 42% of the total blocks found on the Bitcoin network from the past week. […]

MrBitcoin May 16, 2018

Nick Chong · May 16, 2018 · 9:00 am It seems that the creator of the Avalon Bitcoin ASIC mining hardware has taken moves to secure a stock listing spot on the Hong Kong stock exchange. The company, usually known as Canaan, is seeking for $1 billion in IPO funding. Canaan Creative, better known for their […]

MrBitcoin March 10, 2018

Shaurya Malwa · March 10, 2018 · 3:00 pm Kumamoto-Energy, a local power producer in Japan, has announced that they will use solar energy for mining cryptocurrencies. Japan Looks to Greener Energy Cryptocurrency mining farms are trying to reduce costs and consume as less energy as possible, but sometimes the task is very difficult. Japanese […]

MrBitcoin November 27, 2017

Ashour Iesho · November 27, 2017 · 12:30 pm Over the past few years, Bitcoin’s difficulty and hash rates have steadily risen exponentially. So too has the electricity consumption of Bitcoin miners has risen as well, which is causing some concern among experts. Rising Demand for Electricity Bitcoin’s price is not the only thing that has been rising […]