As the cryptocurrency market expands, so too does the volume of energy required to maintain it. If the Bitcoin market alone continues to progress at its current rate, it will soon consume more energy annually than countries such as Peru. One potential solution to this issue is renewable energy; and that is where 4NEW hopes to come […]

4NEW

Mining equipment is available to buy from consumer to professional level, and each of these technologies brings a significant energy cost. In Iceland, the volume of energy used for Bitcoin mining will soon likely exceed the volume used to power its houses, Cointelegraph recently reported. Cointed, the world’s largest provider of Bitcoin ATMs, aims to […]

Bitcoin

Will Murphy is the vice president for blockchain at of Talla.com, the company behind Botchain, a blockchain for managing autonomous intelligent agents. I predict that in 10 years blockchain technology will improve to a level that calling it “blockchain” will no longer be a useful term. Let’s think about this a moment. Why do we call it […]

Blockchain Technology

The U.S. Federal Communications Commission (FCC) warned a New York City resident this week that his bitcoin mining hardware was interfering with a broadband network operated by T-Mobile. The FCC issued a “Notification of Harmful Interference” to Victor Rosario, dated Feb. 15, informing him that the Commission received a complaint from T-Mobile regarding interference with […]

Antminer S5

Canadian electric utility Hydro-Quebec may raise energy rates for crypto businesses due to an influx of requests from miners hoping to take advantage of its cheap rates. More than 100 crypto mining companies have approached Hydro-Quebec, spokesman Marc-Antoine Pouliot told CTV News Montreal, and a few have already settled in the province. Notably, Pouliot said […]

Business News

All eyes are on Litecoin amid a surge in price rivaling the recent rebound of Bitcoin. Charlie Lee’s cryptocurrency, created in 2011, was surging up to 30 percent over the last 24 hours, for a number of reasons. According to CNBC, Litepay CEO Kenneth Asare announced that over 41 countries, including the likes of the […]

Altcoin

Digital media publication Salon is offering its visitors an alternative to traditional online ads: allowing the site to use their computer processing power to mine cryptocurrency. In order to provide free content, Salon primarily depended on advertisements to run its servers, the company explained in a blog post published on Monday. However, digital ads are […]

Browsers

American news outlet Salon is now offering visitors the bizarre option of either disabling their ad blockers or allowing Salon to access a visitor’s “unused computing power”, a veiled way of apparently asking users to allow Salon to mine cryptocurrency via the user’s computer. Salon frames its request to users around supporting the company, stating […]

Altcoin

New cryptocurrency mining malware exploiting software for blind and partially-sighted people has infected “thousands” of website including the UK Government, the Guardian reports Sunday, Feb. 11. As various media outlets report Monday, malicious script was injected into BrowseAloud, a plugin which assists those with reduced sight in accessing online content. Visitors to sites involved see […]

Bitcoin Scams