Popular article Slashdot bitcoin mining

Armenia Opens $50 Million Bitcoin, Ethereum Mining Farm
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Armenia Opens $50 Million Bitcoin, Ethereum Mining Farm

Date Aug 1, 2018

Quartz has published a video on YouTube about two entrepreneurs who have figured out how to heat their homes for free by mining bitcoin. The -- that is, the machine mining the bitcoins -- warms up liquid that is then transferred to the underfloor heating system. The cottage has two miners, w. . . . Supp0rtLinux writes Bitcoins are currently trading around $75. I work for a very large organization. We have a fairly large HPC that is usually about 50% idle, as well as about 18K desktops on 4 campuses connected with dark fiber. All stay on 24x7 for after-hours AV scans (weekly) and backups (2-3x. . .

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Slashdot: News for nerds, stuff that matters
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Slashdot: News for nerds, stuff that matters

Date Aug 10, 2018

Since bitcoin mining will increase heat, and heat dooms the planet by melting the ice shelf in Antartica - the solution is very obvious. But all bitcoin miners on top of the Antartic ice shelfs, to where they bore holes down into the water. . 1/26/2018Bitcoin doesn't really improve on that, and neither does Taler. What Taler does is scale and integrates with the law enough to be widely adopted by legitimate businesses, especially financial services like banks. It's also not tied to mining so doesn't waste vast amount of energy or act as a scam for early adopters.

Bitcoin Miners Bail, While Cryptocurrency Capitalization
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Bitcoin Miners Bail, While Cryptocurrency Capitalization

Date Aug 1, 2018

/27/2017Tweet with a location. You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. . An anonymous reader quotes a report from The Guardian: The amount of energy required to one dollar's worth of bitcoin is more than twice that required to mine the same value of copper, gold or platinum, according to a new paper, suggesting that the virtual work that underpins bitcoin, ethereum and similar projects is more similar to real mining than anyone intended.

Slashdot bitcoin mining coinwarz : 2018
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Slashdot bitcoin mining coinwarz : 2018

Date Aug 9, 2018

Bitcoin mining software is now being distributed as malware because using someone else's computer to mine BitCoins is easier than buying a farm of your own mining hardware; It is always easier to steal someones wallet than work for it. . Sure, but that doesn't apply to bitcoin. When the mining profits no longer cover the electricity cost, people will stop mining. At the current price, total mining profits are 3600 * $315 per day, or slightly over $1 million. That means that worldwide electricity cost to …

Slashdot - An anonymous reader shares an article: Bitcoin
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Slashdot - An anonymous reader shares an article: Bitcoin

Date Aug 17, 2018

Energy Cost of 'Mining' Bitcoin More Than Twice That of Copper Or Gold - Slashdot The amount of energy required to one dollar's worth of bitcoin is more than twice that required to mine the same value of copper, gold or platinum, according to a new paper, suggesting that the virtual work that underpins bitcoin, ethereum and similar. Is the gold rush over? by curunir With BitCoin limited to a pre-determined amount and the difficulty of mining new BitCoins, it seems that this gives a huge advantage to people who got into BitCoin early and have already amassed a considerable amount of BitCoins.

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ISPs Could Take Down Large Parts of Bitcoin Ecosystem If
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ISPs Could Take Down Large Parts of Bitcoin Ecosystem If

Date Aug 9, 2018

Two features of bitcoin seem to be unsustainable: 1) The complicated processing necessary to make bitcoin work is rewarded by will get …

Increased Power Usage Leads to Mistaken Pot Busts for
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Increased Power Usage Leads to Mistaken Pot Busts for

Date Aug 13, 2018

/12/2011The privacy and anonymity afforded by the bitcoin protocol has received flak recently due to the currency being used to purchase illegal drugs and other products online.

Bitcoin history – Price 2009 to 2018, Charts, Data
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Bitcoin history – Price 2009 to 2018, Charts, Data

Date Aug 10, 2018

Bitcoin's moment of relative stability ended abruptly Wednesday. The world's largest cryptocurrency hit its lowest level of the year, falling as much as 9 percent to a low of $5,640. 36, according to CoinDesk. From a report: Bitcoin had been trading comfortably around the $6,400 range for the majority of the fall, a stark contrast from its volatile trading year.

Bitcoin Currency and GPU Mining Performance Comparison
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Bitcoin Currency and GPU Mining Performance Comparison

Date Aug 13, 2018

ypnosec writes The E-Sports Entertainment Association (ESEA) gaming league has admitted to embedding Bitcoin mining code inside the league's client software. It began as an April Fools' Day joke idea, but the code ended up mining as many as 29 Bitcoins, worth over $3,700, for …