Bitcoin mining is an essential part of how the currency works, as miners verify transactions and add new blocks to the blockchain. It has come under attack for its high energy use. Estimates indicate Bitcoin mining uses between 73-113 terawatt-hours (TWh) of electricity per year as of 2023. This astounding...
Bitcoin mining—which has a massive carbon footprint—is facing more and more criticism for its negative effects on the environment. This activity happens to consume a staggering amount of energy. In reality, it consumes more electricity than most countries and is a major driver of carbon pollution.The Environmental Cost of BitcoinRecent...
Cloud mining is becoming an especially attractive option for the everyday person. This lets them get involved with crypto mining without having to invest in costly equipment or technical expertise. Of all the platforms out there, VNBTC is setting itself apart with its forward-thinking strategy, user-friendly design and commitment to...
Recently, it has been Bitcoin that has been flexing its strength, while the altcoins have been floating on a choppy tide. This recent comeback matches up with four six spot Bitcoin ETFs having their strongest week since the start 2024. All of this suggests a more widespread recovery across the...
JA Mining, a United Kingdom-based cloud cryptocurrency mining platform, recently launched a limited-time $100 sign-up bonus for new users. The company is offering this bonus to individuals entering the cloud mining space, particularly as Bitcoin's value has surged past $104,000. JA Mining’s ultimate goal is to create a regulated and...
Kuwait’s Al-Wafrah region experienced a record 55 percent reduction in energy use. This steep fall came after a government-led campaign to shut down any and all illegal crypto mining facilities. This week, authorities raided the government’s estimated 100 homes housing illegal Bitcoin mining rigs. The findings, recently released in a...
To put this in context, Riot Platforms, one of these multibillion-dollar corporations, is currently constructing the world’s largest Bitcoin mine. This monumental undertaking is currently happening in Corsicana, Texas. The project is located within an existing industrial park and would help Navarro County’s economy diversify. It does this by creating...
Upstate New York is currently experiencing an escalating battle between cryptocurrency mining facilities that have settled in the region and vulnerable communities fighting for their environment and public health. Now companies like Greenidge Generation continue to rush into the region to exploit their dirt cheap electricity. They are facing withering...
>Hut 8 Corp's net loss for the first quarter of 2025 was $134 million. The company is making a calculated bet in pursuit of developing energy infrastructure while growing its Bitcoin mining business. The company faced a loss but is taking great leaps in scaling its energy capacity and streamlining...
FioBit has a simplified plan to bring Dogecoin mining to 2025, opening the War on Spam environment to everyone via mobile devices and web browsers. Through its innovative cloud mining solutions, Argo allows investors of all walks to generate income without the headaches of hardware ownership or technical know-how. This...
After a spring and summer of overpromised and underperforming cryptos, the crypto market is on fire with altcoins killing it, even outperforming Bitcoin itself. LeeChiaJian Cryptocurrency analyst LeeChiaJian quickly breaks down the reasons behind this “altcoin season.” He goes on to discuss what that means for investors. He discusses the...
Bitcoin’s share of the entire cryptocurrency market has gotten crushed during this surge, down from a peak near 66% to just 64%. Over the past 48 hours, an incredible 98% of all altcoins have beat Bitcoin’s performance. This trend marks the beginning of a dangerous transformation in market dynamics. What...
You work hard for your money. You pay your taxes. You play by the rules. What if the rules are rigged? What happens when the system locks you into an infinite loop? In the meantime, the elite continue to flourish by privatizing those profits. This isn't some conspiracy theory. That’s...
You know the hype, the trajectory to the moon, the bitcoin solves everything fairy tale. Bitcoin. It's tempting, isn't it? First, let’s expose some harsh realities. Bitcoin evangelists like to hand wave away these inconvenient truths. These aren’t simply nitpicky points, these are possible deal-breakers. Bitcoin is the new flashy...
Investing in Bitcoin can be a bit like getting onto a rollercoaster – exciting, fun and thrilling, but sort of scary. It’s a brave new world of crypto currency, distributed ledger technology and the potential of everything on-chain in a fabulous Web3 dystopia. Before you get in over your head...
Okay, let's be real. If the crypto world has seemed like a high-speed rollercoaster recently, that’s because it kind of has. We’ve experienced extraordinary highs and a few heart-stopping lows. We get it – you may be feeling a bit jittery about the fate of your hard-fought investments, and frankly,...
The cryptocurrency market overall is proving to be quite resilient right now, with the total market cap holding just above $3.2 trillion. This stability is propped up by macro liquidity, favorable sector trends and progressively stronger technicals. Until we get closer to July 2025, the market outlook remains rosy. Strong...
We've all seen the headlines. At the same time crypto is booming, staggering fortunes are being made, the future is decentralized, etc. But lurking beneath the surface of this digital gold rush is a harsh reality: crypto is incredibly vulnerable. And the reality is, retrieving lost or stolen crypto is...