Ethiopia’s bet on Bitcoin mining is strange it’s very bold, even audacious. The narrative is seductive: cheap, renewable hydroelectric power, fueled by the Grand Ethiopian Renaissance Dam (GERD), attracting foreign investment, and transforming the nation into a crypto powerhouse. Beneath the surface, a nagging question persists: is this a sustainable...
Bitcoin continues to drive market sentiment, and Dogecoin is revving up for a return. In this environment, XY Miners, a UK registered and FCA regulated cryptocurrency mining firm, is taking the golden opportunity to increase investor confidence by focusing on operational transparency and full legal compliance. The firm is making...
Project Dorothy 2. Sounds almost fairytale-ish, doesn't it? It’s almost as good as living in a scene from The Wizard of Oz. Instead of ruby slippers, we’re out there catching our greener bitcoins in the Texas wind! Soluna Holdings is framing its growth as a brash bet on sustainability. This...
Alright, SpacePay just took a million dollars in its presale. That's a headline grabber, no doubt. They say crypto payments on your current Android terminals, reduced fees, instant fiat conversion… all incredible. Before we get too far ahead of ourselves and open up our crypto wallets, let’s pump the brakes...
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...
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...
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...
Bit Digital, Inc. just made a surprising and positive turn from Bitcoin mining. The company has since shifted its attention to Ethereum staking, pulling the industry’s eyes along with it. This development is part of a widening strategy of moves by the company to pivot its focus. It deepens and...
Bit Digital is betting the farm. They’re promoting the sale of these shovels in order to purchase the lottery tickets. They're ditching Bitcoin mining, the digital equivalent of the California gold rush, for Ethereum staking, which, let's be honest, sounds a lot less rugged and a lot more…regulated. Whether this...
Alright, let’s be real. When I first learned that Bit Digital was abandoning Bitcoin mining in favor of Ethereum staking, I have to admit my first response was dubious. A company that’s been foundational to the build out… suddenly bailing? It sounded crazy. The further I dug, the more apparent...
Bitcoin mining is the integral process that serves as the backbone of the Bitcoin network. It’s how new bitcoins are generated, and it’s how transactions are confirmed and added to the public blockchain. To those unfamiliar with the crypto space, the word “mining” may seem a bit scary. Learning the...
The buzz is building. Look out BTC, altcoin ETFs are on their way! The SEC seems to be getting a little more friendly towards it, especially with regards to Solana. We're seeing applications amended, deadlines looming, and even whispers of BlackRock jumping into the XRP game after the Ripple case...
Let's be blunt. The Bitcoin gold rush? It’s increasingly shaping up to be a fool’s errand come 2025. This really is more than a small blip in profitability. That is a dramatic and potentially catastrophic turn in the risk-reward equation. The shiny allure of digital gold is masking a growing...
Tired of the 9-to-5 grind? Tired of the idea that your wealth is in the hands of people you can’t even influence? Let me tell you a secret: Bitcoin mining might just be your escape hatch. I know, I know, this sounds like something only tech sorcerers can comprehend, but...
The air is just crackling with excitement, right? Or maybe that’s just the Crypto Summer 2.0 that you can almost taste on the horizon. Forget the lukewarm spring we just had. This is about to be a full-blown heatwave, fueled by something even more potent than Bitcoin: Altcoins. And what's...