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Cryptocurrency news and discussions.

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Bitcoin Discussion • NEW Bitcoin Mining Generator

submitted by btcforumbot to BtcForum [link] [comments]

Bitcoin mining generates as much CO2 as a small country, study estimates

Bitcoin mining generates as much CO2 as a small country, study estimates submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD.

Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD. submitted by CryptoCurrencyDog to Tether [link] [comments]

Undoubtedly a n00b question, so apologies: Does bitcoin mining generate any "real-world-applicable" solutions?

I've read several FAQs and can't seem to find a definitive answer to this. As I understand it, in highly simplified form I can set up a computer to process a specific mathematical challenge and, upon completion, I'm rewarded with a certain amount of bitcoin.
My question is, with all of that potential computing power on tap, does bitcoin mining have any real-world applications? For example, rather than "just doing math for the sake of math" could the bitcoin mining process also apply to solving protein folding problems, or processing SETI radio signals, or any of the sort of community processing that's been done in the past?
It just seems like a waste of resources to have a bunch of computers doing math just for doing math to collect bitcoin, rather than having them do math to help figure out a cure for AIDS or something and collect bitcoin.
submitted by bubonis to Bitcoin [link] [comments]

How can Bitcoin mining generate value and be worth anything? Isn't it just like printing your own money?

submitted by meatball4u to AskReddit [link] [comments]

Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD.

Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD. submitted by CryptoCurrencyDog to Bitcoin [link] [comments]

12-17 05:22 - 'Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD.' (youtube.com) by /u/CryptoCurrencyDog removed from /r/Bitcoin within 56-66min

Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD.
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Author: CryptoCurrencyDog
submitted by removalbot to removalbot [link] [comments]

Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD.

submitted by BitcoinAllBot to BitcoinAllTV [link] [comments]

Bitcoin mentioned around Reddit: Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD. /r/Tether

Bitcoin mentioned around Reddit: Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD. /Tether submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD.

Tether's expansion in market cap is about 47% of bitcoin's mining generation YTD. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Why don't musicians just leave their album playing silently on Spotify on repeat, like Bitcoin mining, generating constant revenue?

You could set up a load of virtual machines all with Spotify free and keep your album on repeat generating revenue...
submitted by jakeblack25 to Showerthoughts [link] [comments]

Undoubtedly a n00b question, so apologies: Does bitcoin mining generate any "real-world-applicable" solutions? /r/Bitcoin

Undoubtedly a n00b question, so apologies: Does bitcoin mining generate any submitted by BitcoinAllBot to BitcoinAll [link] [comments]

With oil futures prices plunging to negative rates, there are some suggestions that Bitcoin mining rigs can now be powered by diesel generators. The global demand for the black gold has fallen because of coronavirus-triggered lock down.

With oil futures prices plunging to negative rates, there are some suggestions that Bitcoin mining rigs can now be powered by diesel generators. The global demand for the black gold has fallen because of coronavirus-triggered lock down. submitted by Kipyegonn to Crypto_Currency_News [link] [comments]

With oil futures prices plunging to negative rates, there are some suggestions that Bitcoin mining rigs can now be powered by diesel generators. The global demand for the black gold has fallen because of coronavirus-triggered lock down.

With oil futures prices plunging to negative rates, there are some suggestions that Bitcoin mining rigs can now be powered by diesel generators. The global demand for the black gold has fallen because of coronavirus-triggered lock down. submitted by cryptoallbot to cryptoall [link] [comments]

05-22 22:44 - 'Welcome to Bitcoin Trading community where you invest and earn Multiple Interest within Few Days , You also learn about Bitcoin Mining and how your profit would be Generated.' (i.redd.it) by /u/Lucaroyce removed from /r/Bitcoin within 3-13min

Welcome to Bitcoin Trading community where you invest and earn Multiple Interest within Few Days , You also learn about Bitcoin Mining and how your profit would be Generated.
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Author: Lucaroyce
submitted by removalbot to removalbot [link] [comments]

Will miners be motivated to step in and power diesel generators to mine Bitcoin, Litecoin, and other Proof-of-Work coins? Seems logical as oil prices will likely drop--or remain suppressed, in coming months

Will miners be motivated to step in and power diesel generators to mine Bitcoin, Litecoin, and other Proof-of-Work coins? Seems logical as oil prices will likely drop--or remain suppressed, in coming months submitted by Kipyegonn to litecoin [link] [comments]

This Utility Heats New York State—And Mines Its Own Bitcoin - New York power plant sets up its own Bitcoin mining operation, with ~7K crypto miners, using “behind-the-meter” electricity to generate ~5.5 Bitcoins per day

This Utility Heats New York State—And Mines Its Own Bitcoin - New York power plant sets up its own Bitcoin mining operation, with ~7K crypto miners, using “behind-the-meter” electricity to generate ~5.5 Bitcoins per day submitted by speckz to Futurology [link] [comments]

Security of the Bitcoin network: how is SHA256 used in Bitcoin mining & generating Bitcoin addresses? Is it quantum resistant? (Bitcoin Basics Podcast)

submitted by CoinCompassBTC to Bitcoin [link] [comments]

Weekly news review (June 8-14)

Weekly news review (June 8-14)
Hello, fellow crypto enthusiasts! Let's dive right into last week's news.
https://preview.redd.it/ojx1zsdt2w431.png?width=1200&format=png&auto=webp&s=7d1bb4f351a34977763ef285b40caf48d31761ae

The carbon emissions generated by bitcoin (BTC) are comparable to the whole of Kansas City, and even a small country, according to a study published in the Joule journal on June 12.
Researchers used data from IPO filings and IP addresses in order to generate their findings. With annual emissions of CO2 estimated at between 22 and 22.9 megatons, bitcoin is placed somewhere between Jordan and Sri Lanka in international terms. The study suggests that this level would double if every other cryptocurrency was also taken into account.

Telegram, one of the most popular encrypted messaging app, briefly went offline for hundreds of thousands of users worldwide after a powerful distributed denial-of-service (DDoS) attack hit its servers.
Telegram founder Pavel Durov later revealed that the attack was mainly coming from the IP addresses located in China, suggesting the Chinese government could be behind it to sabotage Hong Kong protesters.
Many people in Hong Kong are currently using Telegram's encrypted messaging service to communicate without being spied on, organize the protest, and alert each other about activities on the ground.

Europol has revealed it’s developing a game aimed to teach law enforcement officers how to tackle crypto crime.
The game “will be the first law enforcement training opportunity on cryptocurrency and investigation using gamification,” said Europol.
The final product is planned for launch in October at the Europol-INTERPOL Cybercrime Conference.

Wednesday, June 12 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all in the green.
After peaking around $9,000 in May, BTC crashed down to under $8,000 but seems to be slowly recovering. BTC was trading just shy of $8,000 earlier on Wednesday and was trading at $8,130 at press time. Overall, the top cryptocurrency is up by approximately 2.72% over the past 24 hours at press time.

Indian lawmakers have reportedly proposed to enforce a 10-year jail term for citizens who deal with cryptocurrencies, local financial news agency BloombergQuint reports on June 6.
The new tough crypto regulation is a part of a recently proposed draft bill called “Banning Cryptocurrencies and Regulation of Official Digital Currency Bill 2019.”
The regulation will reportedly relate to those who mine, hold, buy and sell cryptocurrencies, as well as those who deal with cryptocurrencies directly or indirectly in the country.
If passed, India’s bill will order cryptocurrency holders to declare their crypto assets within 90 days and to dispose the assets “in accordance with the prescription of central government,” the report notes. The bill includes a penalty system that reportedly envisions fines worth a three-fold amount from the “loss caused to the system” or from the gains of crypto holders, according to The Block.
Considered as “cognizable and non-bailable,” the offense can also lead to a 10-year jail sentence for those who break the new rules.

Let us know what you think in the comments section below!
submitted by rokkex to Rokkex [link] [comments]

Bitcoin (BTC) ASIC manufacturer, MicroBT recently revealed its next-generation mining hardware at a virtual launch event on April 17. MicroBT’s forthcoming M30 series of Bitcoin miners, the MS30S++ and the MS30S+, boasts a hash rate of 100 terahashes per second (TH/s).

submitted by Tokenncoin to Tokenncoin [link] [comments]

Time to power oil-fired generators to mine Bitcoin and other PoW currencies?

Time to power oil-fired generators to mine Bitcoin and other PoW currencies? submitted by Kipyegonn to CryptoCurrencyTrading [link] [comments]

Next-Generation Bitcoin Mining Hardware Arrives Just In Time For BTC Halving

Next-Generation Bitcoin Mining Hardware Arrives Just In Time For BTC Halving submitted by Ranzware to BitNewsLive [link] [comments]

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