Tag: Mining

Nvidia extends limits on crypto mining to newest gaming graphics cards

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Graphics card giant Nvidia said that the hash rate limiter on its RTX 3060 graphics cards would also be introduced in other RTX 30 series GPUs in an attempt to disincentivize crypto miners. In an announcement from Nvidia today, the company said it would be applying a reduced Ether (ETH) hash rate to its newly manufactured GeForce RTX 3080, RTX 3070 and RTX 3060 Ti graphics cards. The models will be identified by a “Lite Hash Rate,” or LHR, label, aimed at getting its graphics processing units, or GPUs, to…

Bitcoin, Ethereum & Co.: Kann ich mit Krypto-Mining reich werden? || PULS Reportage

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In den letzten Jahren ist der Wert von Bitcoin extrem in die Höhe geschossen. Für PULS Reportage hat Reporter Sebastian Meinberg schon versucht, durch Aktien und NFTs reich zu werden. Da liegt es natürlich nahe, dass der nächste Versuch Bitcoins gilt – das habt auch ihr euch in den Kommentaren gewünscht! Eine Woche lang will Mining-Meini die Kryptowährung “schürfen” und dabei herausfinden, wie das die Profis machen und welchen Einfluss Krypto-Mining auf unser Klima hat. WAS IST BITCOIN ÜBERHAUPT? Die Kryptowährung “Bitcoin”…

Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided – Featured Bitcoin News

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Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring to its research using real-world data, the investment firm emphasized that “the impact of bitcoin mining could become a net positive to the environment.” Bitcoin Mining Could Help the Environment Investment Management (Ark Invest) published a note Monday responding to the comments made by Tesla and its CEO, Elon Musk, regarding Bitcoin’s energy consumption. The electric car company has suspended accepting bitcoin for payments citing…

Top Bitcoin Mining Pools Signals for Taproot Upgrade Ahead of August 11 Deadline

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The upcoming Taproot Bitcoin upgrade was proposed to enhance the network scripting capabilities and also the privacy aspect.  Major Bitcoin mining pools have signaled for the Taproot system upgrade scheduled to take place during the second half of the year. Should the upgrade take place, it would be the largest system upgrade within the Bitcoin network for the past few years. According to news outlet Cointelegraph, among the top Bitcoin mining pools that have lately signaled for the Taproot upgrade include BTC.TOP. Other top Bitcoin mining pools that have signaled…

Mobile crypto ‘mining’ app possibly connected to personal data leak

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Pi Network, a cryptocurrency mining app for mobile users, may have been connected to 17GB worth of personal data leaks, a Vietnamese news outlet reported on Monday. The treasure trove of personal data was apparently taken from the Know Your Customer checks of users of Pi Network, according to the person who posted it to hacker hangout RaidForums on Thursday. The identity cards of an estimated 10,000 Vietnamese citizens were placed for sale, along with connected home addresses, phone numbers and email addresses. The seller placed a price tag of…

Chia Coin Developer, Bram Cohen Flags Unofficial Mining Pools

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Bram Cohen, the founder of the Chia network, has warned against the use of unofficial mining pools as they may pose significant threats to the miners. Newly launched “green cryptocurrency,” Chia Network Coin (XCH) has continued to gain prominence in the digital currency ecosystem, for many reasons, including its price performance. Amid the ongoing crypto market dip, the XCH has maintained a relatively stable price and is currently exchanging hands at $1,300 (-13%) and its trading volume surged upward by 3.95% in the past 24 hours according to CoinMarketCap. In…

Almost all major Bitcoin mining pools now signaling for Taproot activation

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Nine out of the top-10 Bitcoin (BTC) mining pools by hash rate distribution are now signaling for Taproot activation with BTC.TOP being the only exception as of the time of writing. Indeed, 90% of Bitcoin’s hash rate briefly signaled for the protocol upgrade with the figure now standing at about 73%. Tweeting on Monday, crypto exchange giant Binance announced that Binance Pool had begun signaling for Taproot. According to the Taproot Signal Twitter bot, Binance Pool’s maiden Taproot signal occurred at block height 683,878. Based on community feedback, #Binance Pool…

Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran – Mining Bitcoin News

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Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners to Pay for Damages to the Power Grid Hydropower plants in Iran have been working with limited capacity as a result of insufficient rainfall this year. At the same time, authorities say the minting of digital coins consumes more and more electrical energy. Illegal mining operations, often relying on…

ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 Process – Mining Bitcoin News

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Bitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the Taiwan Semiconductor Manufacturing Company (TSMC) in order to leverage TSMC’s 5nm semiconductors. Industry sources say that the 5nm chips being created for Bitmain will start production in the third quarter. Chip Maker TSMC Reportedly Producing Semiconductors for the Mining Rig Manufacturer Bitmain Faster bitcoin mining rigs manufactured by Bitmain may be coming at the end of 2021 or possibly next year. A recent report published by digitimes.com says that Bitmain has placed…

Hxro Labs LIVE – Ep. 89 – Cryptocurrency, Bitcoin, Ethereum, DeFi News & Analysis!!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency trading for beginners and OG’s alike. We dive into technical analysis and fundamental analysis, covering the latest Bitcoin and Cryptocurrency news and trends. Discussing all the hot topics like DeFi, Uniswap, Yield Farming, NFT’s etc. Stick around for our chart request session and we will chart your favourite cryptocurrencies! Join us on “Hxro Labs LIVE” on Monday/Wednesday/Friday at 3:00PM EST ——————————————— Connect with the Hxro Labs Trading Desk Twitter: Twitter Chart Bot: Tradingview: Telegram: ——————————————— Disclaimer: This commentary is provided as…