Bitcoin’s emergence as a global digital currency has been as revolutionary as it has been erratic. But while fledgling investors obsess over every fluctuation in the cryptocurrency market, nation-states are more interested in the underlying blockchain technology and its ability to revolutionize how business is done on the internet and beyond. VICE’s Michael Moynihan travels […]
The virtual goldrush to mine Bitcoin and other cryptocurrencies leads us to Central Washington state where a Bitcoin mine generates roughly $70,000 a day mining bitcoin. A warehouse full of ASIC Bitcoin miners run 24/7 to manufacture Bitcoin. The location of this Bitcoin Mine is one of the world’s epicenters for mining. Cheap hydroelectric power […]
In the world of cryptocurrency, money is power, sparking a gold rush wherever energy is cheap and abundant. A booming cryptocurrency mining industry is disrupting a small town in Washington state.
Hay jóvenes chilenos que desde su hogar se dedican, literalmente, a hacer dinero. Se les denomina mineros de criptomonedas. Y muchos, en un futuro, podrían ser eventuales millonarios.
En los últimos meses la popular moneda virtual se encuentra en tendencia alcista, superando esta semana los 13.000 dólares por unidad por primera vez desde enero de 2018.
On March 15th, 2018, the city of Plattsburgh in upstate New York issued an 18-month moratorium on cryptocurrency mining. Plattsburgh is part of a long-standing power agreement that gives the city an allotment of some of the cheapest electricity anywhere in the world, but a recent influx of cryptomining companies and their energy-draining rigs have […]
Eighth lecture of the Bitcoin and cryptocurrency technologies online course. In this lecture: * Essential Puzzle Requirements * ASIC Resistant Puzzles * Proof-of-useful-work * Nonoutsourceable Puzzles * Proof-of-Stake
Fifth lecture of the Bitcoin and cryptocurrency technologies online course. In this lecture (click the time to jump to the section): * The task of Bitcoin miners 0:15 * Mining hardware 10:17 * Energy consumption & ecology 33:38 * Mining pools 50:16 * Mining incentives and strategies 1:04:29
Recording of the talk by Matt Corallo, Engineer at Chaincode Labs, at MCC2019 on Saturday 11th of May in New York.
Jihan Wu, CEO & Co-Founder of Bitmain holds a keynote on central banking at DC Blockchain Summit 2018.