News
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BT Daily News: A fresh take on Bitcoin mining – Why using more energy can lead to abundance
Some Bitcoin miners have seen the potential in these energy losses. Bitcoin miners in Texas have been turning off their ASICs to return power to the grid when demand is high and guzzling up excess energy when demand is low. -
BT Daily News: Bitcoin Mining Council is committed to sustainability
The Bitcoin Mining Council (BMC) is made up of numerous Bitcoin miners who want to advance the blockchain of the crypto bedrock. "We promote transparency, share best practices, and educate the public about the benefits of bitcoin and bitcoin mining," the company's project page says. -
BT Daily News: The future is promising for Bitcoin and Ethereum miners
The future is promising for Bitcoin and Ethereum miners and enthusiasts, and it’s a potentially rewarding enterprise for anyone who wants to give it a go. Crypto mining requires very high computing power to solve complex mathematical equations to verify transactions and add them to the blockchain digital ledger. -
BT Daily News: Could Bitcoin’s security be at risk as a result of this update? Decoding details
A review of numerous metrics revealed that Bitcoin mining had become less profitable and more challenging. The hashrate metric revealed that the BTC hashrate had been relatively high, particularly in October. -
BT Daily News: Satoshi’s other big legacy: Bitcoin is propelling a green energy revolution
The Bitcoin white paper, published 14 years ago this day, launched an industry that is now subsidizing clean energy and turning waste into digital gold, writes Will Szamosszegi of Sazmining. -
BT Daily News: Not a minor adjustment: Bitcoin mining difficulty soars 13.5% to new ATH
It’s a new all-time high–for Bitcoin mining difficulty. Hot on the heels of the Bitcoin hash rate hitting new highs, the difficulty adjustment, or the complexity that miners must overcome to solve valid blocks, has increased by 13.55%. -
BT Daily New: The Upcoming Release of Bitcoin core 24.0
The Bitcoin Core project produces a new major release of its software roughly every six months. -
BT Daily News: Cryptocurrency Market Rallies, BTC Up 1.7%, ETH Rises 2.1%
Cryptocurrency prices were trading in the green on Tuesday morning as Bitcoin (BTC) and Ethereum (ETH) soared along with other altcoins. Meme coins like Dogecoin and Shiba Inu were also trading with gains. -
BT Daily News: Is the bitcoin winter beginning to thaw out?
Ben Gagnon, chief mining officer at Bitfarms sees anything below $20,000 as the price where fair-weather institutional investors retreat from the currency for good, which will help stabilize bitcoin’s current volatility and send it up an upward path. -
BT Daily News: Colorado Becomes First State to Accept Bitcoin for Tax Payments
In a new first for bitcoin adoption by governments, Colorado has officially become the first U.S. state to allow citizens to pay taxes in bitcoin (BTC).
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BT Daily News: Bitcoin miners don’t exist – but bitcoin validators do
Meanwhile, even with the hash rate sky high, miners keep building and building onto the infrastructure. That’s incredibly bullish for bitcoin’s long-term prospects. -
BT Daily News: US Share of Bitcoin Mining Has Spiked in the Past Two Years, From 3.5% To 38%
Most mining firms are looking for places with low electricity costs, and the US provides that. The states could benefit from Bitcoin mining through tax revenue and employment creation.