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

Mridul SrivastavaMay 1, 2023

by Mridul SrivastavaMay 1, 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 SrivastavaOctober 1, 2022

by Mridul SrivastavaOctober 1, 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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Big News: New York State Assembly Bans Bitcoin Mining

Mridul SrivastavaApril 27, 2022

by Mridul SrivastavaApril 27, 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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Iran Continues Its Crackdown on Illegitimate Cryptocurrency Mining, Taking Hundreds of Mining Rigs into Custody

Kshitij ChitranshNovember 10, 2021November 10, 2021

by Kshitij ChitranshNovember 10, 2021November 10, 20210

Iran’s authorities continue to fight the unlawful mining of cryptocurrencies. The state-owned power distribution company has recently discovered over a dozen illegal crypto farms in...

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After Four Months, the Iran Government Lifts its Bitcoin Mining Ban

Kshitij ChitranshOctober 2, 2021

by Kshitij ChitranshOctober 2, 20210

Iran has revoked its choice to boycott bitcoin mining following four months. The Iranian government shut the cover on mining exercises in a bid to...

Blockchain Cryptocurrency News

Every Reason Why Bitcoin Mining May Become More Profitable Due To Oil Price Crash

Akansha KesarwaniMay 6, 2020May 6, 2020

by Akansha KesarwaniMay 6, 2020May 6, 20200

These three are interconnected in a sense that for one ecosystem to function perfectly then all cogs must be intact. Blockchain underpins the Bitcoin protocol but...

News

Microsoft Patents for a Crypto Mining System Using Body Data

Akansha KesarwaniMarch 28, 2020

by Akansha KesarwaniMarch 28, 20200

Tech giant Microsoft has now forayed into the blockchain and cryptocurrency space. As per recent reports, Microsoft has filed a patent named, “Cryptocurrency system using...

Crypto Scams

Making Millions by Hashing Empty Block using Spy Mining

Akansha KesarwaniOctober 9, 2018February 14, 2019

by Akansha KesarwaniOctober 9, 2018February 14, 20190

According to Decrypt Media, many mining pools have discovered a legitimate, but a somewhat amoral way of earning fees for mining without the confirmation of...