74% of the World's Bitcoin Mining Operations Driven by Renewable Energy Says Report

News 2019-06-10 14:24:19 39 0 0

There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares published a report that details mining is not environmentally imprudent but rather 74.1% of the Bitcoin mining industry is “heavily” driven by renewable energy sources.

Malaysia Begins Approving Crypto Exchange Registrations

News 2019-06-10 14:04:03 44 0 0

Malaysia’s securities commission has begun registering cryptocurrency exchanges after it started regulating the crypto space earlier this year. The first three crypto trading platform operators have been conditionally approved and given nine months to comply with registration requirements. Meanwhile, 19 crypto exchanges have been told to cease operations.

Hacker Operates Bitcoin Core on Nintendo Switch

News 2019-06-06 17:21:51 7 0 0

A Bitcoin enthusiast known as Cypherm0nk has shared an image of Twitter of an apparently successful operation of the Bitcoin Core client on the Nintendo Switch device.

Ex-Coinbase CTO: All Tech Will be Rebuilt on Blockchain

News 2019-06-06 17:18:47 7 0 0

Ex-CTO of Coinbase and angel investor Balaji S Srinivasan has made a bold claim that Bitcoin will one day displace all that we know of the tech industry, Silicon Valley and even Wall Street, insisting that all known tech will eventually be rebuild upon blockchain.

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Old Mutual Decides Against Insuring Mining Rigs

Old Mutual Decides Against Insuring Mining Rigs

News 3 0 0

A pan-African insurance firm, Old Mutual, has issued a statement saying that it will not insure equipment used in Bitcoin and crypto mining, citing the high expense, risk, and speculative nature of the sector.

Australian Accounting Firm Pushes Proposal for World’s First Bitcoin ETF

Australian Accounting Firm Pushes Proposal for World’s First Bitcoin ETF

News 3 0 0

Although many companies trying to launch Bitcoin exchange-traded funds (ETFs) have been turned down thanks to the regulatory issues, an Australian accounting firm, BDO, has announced the proposal for what it calls the world’s first Bitcoin ETF listed on the Australian Securities Exchange (ASX), as reported by micky.com.

74% of the World's Bitcoin Mining Operations Driven by Renewable Energy Says Report

74% of the World's Bitcoin Mining Operations Driven by Renewable Energy Says Report

News 39 0 0

There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares published a report that details mining is not environmentally imprudent but rather 74.1% of the Bitcoin mining industry is “heavily” driven by renewable energy sources.