Bitcoin in China - Tighter Controls and New Data Centers ...

The cost of bitcoin tumbled on Friday morning, as theory that China may fix controls over the cryptocurrency to stem the surge of capital financial specialists. The estimation of the coin tumbled to 4,520 yuan at BTCC, a bitcoin exchange �in China. That was 12% lower than a late high of 5,136 yuan on Thursday evening.

Bitcoin organization Bitmain Technologies has declared arrangements...

Website: http://www.coinnewsasia.com

China said to plan power curbs for some bitcoin miners ...

Fans cool racks of bitcoin-mining machines at a server farm in Guizhou, China.PHOTO: NYT

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BEIJING (BLOOMBERG) - China plans to limit power use by some bitcoin miners, people familiar with the matter said, a potential challenge to an industry whose energy-intensive computer networks�enable transactions in the cryptocurrency.

The People's Bank of China�outlined...

Date: 2018-01-30 21:37:15
Website: http://www.straitstimes.com

Bitcoin value soars, but what does that mean in Capital ...

Fans cool racks of bitcoin-mining machines at a server farm in Guizhou, China, on June 23, 2016.

Photographer: Gilles Sabrie/The New York Times

Bitcoin has yet to gain the retail traction some hoped it would, despite -- or perhaps because of -- an astronomical increase in its value.

The value of the best-known "cryptocurrency" surpassed $9,900 U.S. dollars per bitcoin on Tuesday morning, compared...

Date: 2018-01-30 21:36:48
Website: https://dailygazette.com

Canada’s Sustainable Bitcoin Mining Used To Farm Fish And ...

A St. Francois Xavier-based Bitcoin mining operation with a greenhouse and fish farm is leading the way in terms of sustainable energy. The company based just west of Winnipeg in Manitoba, Canada is the brainchild of owner Bruce Hardy, who is aiming to create sustainable food systems. The heat from his Bitcoin mining system helps warm plants in his greenhouse and the water in fish tanks....

Website: https://bitcoin-notes.com

Bitcoin Virtual Mining in the Real World – Guardian ...

There is a whole other side to the virtual Bitcoin world that often doesn't get spoken about. It's not often publicised because of the level of complexity that is involved when one starts to venture into how the coin is actually created and mined. �The word "mined" can also be confusing as mining Bitcoin is also a virtual process done in a real-world setting.

One won't see mine shafts...

Website: http://guardianlv.com

Bitcoin Mining Now Uses More Power Than 159 Countries ...

Mining Bitcoin now consumes more than 30 terawatt-hours of power globally, which is higher than the individual energy usage of 159 countries.

According to Bitcoin analysis blog Digiconomist , energy consumed by Bitcoin mining now exceeds what is used by countries like Ireland, Hungary, Oman, and Lebanon. Bitcoin uses about as much power as the entire country of Morocco and slightly less than...

Website: https://www.extremetech.com

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