Bitmain may Lose a key Bitcoin Mining Hardware Patent to a Competitor

There is an interesting debacle taking place in the world of Bitcoin and cryptocurrency right now. Bitmain, the world’s leading ASIC manufacturer may have some issues. More specifically, one of the company’s chip patents is on the cusp of getting revoked. #bitcoinmining

Read More

Bitcoin Mining Now Consumes As Much Electricity As Iceland

Mining of cryptocurrencies requires powerful computers which in turn mean more electricity. If the bitcoin industry keeps expanding at its current rate, it will lead to a considerable uptick in global consumption of electricity which could spur the … #bitcoinmining

Read More