Many cryptocurrency critics actively discuss the amount of energy that Proof of Work (PoW) mining uses. However, some supporters of cryptocurrency make the case that the problem of cryptocurrencies' energy usage is overstated and misleading by using economic principles. Work Output...
A leaked Bitmain pre-IPO document on Twitter suggests the China-based chip design and cryptocurrency mining company is running at a loss, despite the substantial profits posted in 2017.  Bitmain's alleged financial downswing is due to the company spending a large...
Following Bitcoin's monumental run-up to $20,000 in late 2017, prices began to fall, and have barely stopped to breath on the way down. As it stands, the price of BTC has declined by over 60% since its all-time high,...
In a recent interview for CNBC, Roger Ver revealed that he intends to meet with a group of Bangkok-based Bitcoin Cash miners to discuss issues that involve the risk of chain splitting. Although he said that it is "very,...
Rival cryptocurrency mining equipment firms are starting to catch up on Beijing-based Bitmain Technologies with analysts claiming that a write-down of the value of their inventory may be required. Bitmain's Dominance May Be Waning Bitmain Technologies is the world's top designer...
Bitcoin’s value has been plummeting since the start of 2018, with the asset now trading at under $7,000. Even though prices are falling, it does not seem to have a negative impact on the Bitcoin hashrate, which is rather...
A recent survey by Citrix, a software analysis firm, claims that one-third of UK firms and organizations have suffered from rampant cryptojacking attacks. Cryptojacking Attacks on the Rise Like many already know, cryptojacking is the process where hackers inject computers with...

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