[ad_1] Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other types of consensus algorithms have been effective at being secure […]
[ad_1] Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash into Bitcoin (BTC) in early February. Musk’s Bitcoin purchase startled traditional investors, who now had to understand how their investment in Tesla would relate […]
[ad_1] 25 Apr 2021 Bitmain is teasing with the apparently soon to be launched new Ethash miner called Antminer E9 that is supposed to be offering 3 GH/s mining hashrate with 2556 Watts of power usage and 0.85 J/M power efficiency. This is what they claim to be the equivalent of 32 RTX 3080 graphics […]
[ad_1] Bitcoin price extended its decline below the $50,000 support against the US Dollar. BTC is now consolidating losses and it remains at a risk of more downside below $48,000. Bitcoin declined heavily below the $52,000 and $50,000 support levels. The price is now trading well below $52,000 and the 100 simple moving average (4-hours). […]