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Dorsey’s Block Unveils Pioneering 5nm Bitcoin Mining Chip for Decentralized Future

Mridul Srivastava01/05/2023

by Mridul Srivastava01/05/20230

Former Twitter CEO Jack Dorsey’s Block has successfully developed a prototype of a groundbreaking 5nm Bitcoin mining chip. This innovative move aims to decentralize the...

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Study Shows Bitcoin Mining’s Climate Damage Is Comparable to that of Beef and Fossil Fuels

Mridul Srivastava01/10/2022

by Mridul Srivastava01/10/20220

In a recent study published in Scientific Reports, researchers report bitcoin’s environmental effects are similar to those of well-known pollutants such as cattle ranching and...

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Kazakhstan president signs law increasing crypto miners’ tax burden

Mridul Srivastava13/07/2022

by Mridul Srivastava13/07/20220

Tax rates for cryptocurrency miners have been raised after President Kassym-Jomart Tokayev’s signing of a measure modifying Kazakhstan’s Tax Code. The fee will be calculated...

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Big News: New York State Assembly Bans Bitcoin Mining

Mridul Srivastava27/04/2022

by Mridul Srivastava27/04/20220

The Bitcoin News Twitter page Bitcoin Archive recently broke the news that the New York State Assembly has passed a bill banning Bitcoin mining. It...

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World’s 2nd largest mining hotspot Kazakhstan extends Cryptocurrency Miners’ Power Cuts

Vanshit Sharma04/02/2022

by Vanshit Sharma04/02/20220

The local utility has prolonged power cuts for miners, so cryptocurrency farms in Kazakhstan will stay unplugged until February 7. The corporation cites persistent electrical...

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Intel is planning to make a Bitcoin mining chip

Vanshit Sharma21/01/2022

by Vanshit Sharma21/01/20220

Intel has announced its intention to enter the Bitcoin mining sector. This does not imply that they are going to establish mining farms, but it...

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Multichain‌ ‌hacker‌ ‌receives‌ ‌322‌ ‌ETH‌ ‌in‌ ‌ exchange‌ ‌for‌ ‌a‌ ‌huge‌ ‌finder’s‌ ‌fee‌

Vanshit Sharma21/01/202221/01/2022

by Vanshit Sharma21/01/202221/01/20220

Multichain was recently hacked in the past couple of days, and $3 million were stolen due to a security vulnerability. One of this week’s Multichain...

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Bitcoin miner secures reward of $266K after adding a block to the network

Sneha Singh14/01/2022

by Sneha Singh14/01/20220

Only with a hash rate of just 126 terahertz per second (TH/s) a single Bitcoin (BTC) miner successfully add a new block to the Bitcoin...

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Jack Dorsey is establishing a Bitcoin Legal Defense Fund (BLDF) to provide legal help to miners

Sneha Singh14/01/2022

by Sneha Singh14/01/20220

Jack Dorsey, creator and preceding CEO of social media platform Twitter, recently announced plans to create a “Bitcoin Legal Defense Fund” His board member will...

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Cryptocurrency – harm or good for the environment

Mohamad Ahmad17/08/2021

by Mohamad Ahmad17/08/20210

Accusations that mining is harmful to the environment have not decreased. Cryptocurrency mining requires a huge amount of electricity. The consumption, in this case, is...