Bitcoin Mining

The Ripple Chief Technical Officer (CTO), David Schwartz, discussed the sustainability of cryptocurrency and its eco-friendliness. While discussing the environmental impact of crypto mining, he termed XRP as an inherently green currency unlike Bitcoin (BTC) and Ethereum (ETH). Eco-Friendliness of...

The Iranian government has reportedly issued a license to a Turkey-based Bitcoin mining firm, iMiner, to establish its mining farm in Iran. The new development was published by Tabnak a couple of days ago. According to the report, the license...

Ripple, the cross-border payment company has revealed the reason why the digital token XRP is more sustainable than the first and the second-largest cryptocurrency by market cap, Bitcoin (BTC) and Ethereum (ETH). The blockchain tech made this known in an...

According to Crypto51.app, the cost of Attacking Bitcoin (BTC), the first and largest cryptocurrency, is now 140x costlier than the cost required to attack Bitcoin Cash (BCH). Bitcoin Cash (BCH), the fifth-largest digital currency by market capitalization, recently experienced its...

Canaan Creative, a Chinese Bitcoin miner manufacturer has revealed that it made a net loss of $148.6 million for 2019 on revenue of $204.3 million. According to the update, this is the firm’s first unaudited earning report since it went...

A New York-based power plant, the Greenidge Generation has reportedly set up its own mining operation, and it generates $50,000 in Bitcoin (BTC) on a daily basis. According to Bloomberg, the power plant operates a Bitcoin mining farm with 7,000...

The CEO of Ripple Brad Garlinghouse has recently showcased his concern over the tons of energy consumed in the course of mining of the largest (BTC) and the second-largest (ETH) cryptocurrencies by market capitalization. This came in reaction to an...