Have you been feeling the pinch of your electricity bill slowly rising over time? You're not alone. While inflation gets blamed for everything these days, there's a less obvious, more insidious culprit at play: Bitcoin mining. Yes, that Bitcoin. Your money is quietly being taken by the digital gold rush...
As excitement over Bitcoin reaching $150,000 grows, a second wave of optimism over the industry is flowing through mining. Here’s the problem—building your own mining rig is a pain. That's where cloud mining comes in. It offers the appeal of Bitcoin but without the complexity. Is it a new golden...
Bitcoin, the largest and most influential cryptocurrency, is said to hold the keys to a decentralized financial utopia. At KnowingCoin.com, we provide you everything you need to start mining cryptocurrency like a pro. Get empowered and make your mark in the thrilling tech frontier! All that glitters isn’t gold. Digital...
Let's be honest, the headline-grabbing claims about Bitcoin's energy consumption can be alarming. 91 terawatt-hours a year? That's Finland-level energy demand! You look at those figures, and it’s hard not to jump to conclusions. You could picture Bitcoin causing the polar ice caps to melt by itself. But knee-jerk reactions...
Cloud mining Bitcoin. The concept seems pretty far out there, almost too good to be true. Just rent a few million dollars of computing power, kick up your feet, and let the Bitcoin flood in, amirite? Potentially even exceed that anticipated $150,000 price point everyone’s been gossiping about? Hold on...
You’ve read the headlines about how Bitcoin could transform the financial system, perhaps you’ve even thought about making an investment. What if I told you that this digital gold rush is coming at a cost, a cost that you're already paying in ways you probably haven't even considered? What if...
Let's be honest, the headlines are scary. “Bitcoin is boiling the oceans!” “Crypto's dirty secret!” We've all seen them. So sure, at face value, the energy consumption stats are alarming. 91 terawatt-hours a year? That’s Finland's annual electricity bill! Before you destroy your computer and swear off cryptocurrency forever—just hang...
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...
The discussion around Bitcoin’s energy consumption has been one of the most consistent dog whistles used to rally strong opposition to cryptocurrency. This is one of the most serious criticisms against Bitcoin, echoed by many environmentalists. They even go so far as to liken it to the energy consumption of...
100x returns. The holy grail of crypto investing. We’ve all heard the hype, the happy talk, the success stories, the Lambo memes. And if we’re being real, it’s easy to understand how the idea of flipping a few thousand dollars into a life-changing payout can be so alluring. So before...
The cryptocurrency market is abuzz with excitement for the year 2025, with crypto enthusiasts already looking for the next big investment. That said, the promise of 100x returns, though tempting, requires a careful and educated strategy. This article will explore three altcoins—JBOLT, TAO, and ICP—exploring their potential for significant growth...
Investing in Bitcoin is about as easy as crossing a minefield, considering the market’s reputation for extreme volatility. With 2025 just around the corner, it’s important to have the right information to prepare yourself. Concentrate on creating plans that will protect your money. In this guide, we’ll outline the safest...
Okay, let's cut the fluff. Pi Network’s recent price surge, skyrocketing over $1.35 has everyone talking. Market cap flipping Litecoin and Bitcoin Cash? Sounds impressive, right? Not so fast — before you go mortgaging your home to make these investments, let’s pump the breaks. Let’s inject a little common sense...
Unlearn everything you thought you understood about Donald Trump and crypto. I know, I know. The two words “Trump” and “crypto” in the same sentence likely brings about thoughts of meme coins and get-rich-quick scams. But bear with me on this one, because there’s a much better – and possibly...
I’ll never forget the conversation I had with my cousin Linh just a couple of months ago. She’s a seamstress, works like a dog and lives hand to mouth. She explained to me, eyes gleaming with anticipation, that she’s been mining Pi on her smartphone for more than a year....
Cryptocurrency holds the promise of a new, exciting financial world, but it’s a boon for hackers. Having your own chain comes with a ton of responsibility, which is something that KnowingCoin.com completely recognizes. This article explores the recent Ledger Discord hack and breaks down the strategies used by the attacker....
The crypto world today is a whirlwind of technological advancement, financial opportunism and just flat out nonsense. Every single week there’s a new “game-changer,” ready to disrupt everything from finance to… uh, cat pics (NFT’s, anyone? Home-grown frontrunners Lightchain AI (LCAI) has quickly established itself as new market leader. With...