The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power
The SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of…
Read More »US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain
U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation…
Read More »Reflecting on Bitcoin at the Third Halving
For only the third time in history, Bitcoin’s mining subsidy was cut in half this month. It was a moment that garnered attention from around the world, reminded us of…
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