Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power
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Deciphering the Differences Between Proof-of-Stake and Proof-of-Work
As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will
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SMI Vantage Expands Crypto Reach With New Bitcoin Mining Facility in Sarawak
The Singapore-based investment management and software-as-a-service (SaaS) provider, SMI Vantage, plans to launch a bitcoin mining facility in the state of Sarawak in Borneo, Malaysia.
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Dropbox ditches unlimited storage offering, blaming crypto cloud miners
The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks.
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Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds
Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners,
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Crypto mining lobby group to dispel misconceptions in Washington DC: Founder
The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington.
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