An investigation carried out by US legislators, led by Congressman Jared Hauffman, determined that the electricity consumption of companies dedicated to Bitcoin mining is quite high, similar to the consumption of all houses in Houston, Texas.
The study was based on requesting information on the…
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Bitcoin mining
Intel unveils its bitcoin mining chip
This week, developer company Intel officially unveiled its dedicated chip for efficient bitcoin mining, which will henceforth be known as "Bonanza Mine."
The presentation of this product took place during the "International Solid-State…
Kazakhstan forced to halt bitcoin mining
Kazakhstan, which is second on the list of bitcoin miners worldwide, has recently been experiencing problems with this activity due to protests against the government.
Specifically, a series of local demonstrations have forced the…
Norway to regulate bitcoin mining
Norway will regulate bitcoin mining. Bjorn Arild Gram, minister of local government and regional development, expressed, during a meeting with the media, that his country is considering the possibility of supporting a European ban on…
Canada to use Bitcoin mining to heat buildings
Cryptocurrency mining company MintGreen announced that it will provide heating to residents of North Vancouver, Canada, using heat generated by miners.
This recent announcement indicates that this service will begin to be available from…
Norwegian company allocates USD 58 million to invest in bitcoin
The Norwegian holding company Aker ASA has created a bitcoin subsidiary company called Seetee AS, to which it allocated USD 58 million that will be destined to invest in the popular digital currency.
According to what was expressed by the…
Venezuela ranks 49th in capacity to mine bitcoin
Of the 195 countries in the world, Venezuela is ranked 49th on the list of nations with the greatest bitcoin computing capacity, as stated by the economist and bank risk rater, Leonardo Buniak.
Buniak reported that in financial matters of…