Archive: bitcoin miners
Crypto Needs Its Own Bill Clinton
By Vin Narayanan on August 5, 2021
I don’t praise politicians often. And I rarely praise former President Bill Clinton. But in 1998, Clinton fought for and signed into law a 10-year moratorium on taxing internet access. The new law also prevented most e-commerce purchases from being taxed. Clinton argued at the time that the internet was just emerging as an economic force. And that taxing it could stifle its growth. Clinton was right. The internet — and e-commerce — was…
Bitcoin Is Primed for Continued Growth
By Adam Sharp on April 9, 2021
The crypto bull market is showing remarkable strength. After months of incredible growth, bitcoin is trading in a remarkably tight range — anywhere from $56,000 to $58,000. It looks to me like big players are building positions. If these new institutional investors hold for the long…
Bitcoin Consuming Less Electricity
By Allison Brickell on September 9, 2019
Bitcoin’s electricity consumption has dropped in the past year. And it’s part of a growing green trend.
Bitcoin Hash Rate Reaches New High
By Allison Brickell on July 22, 2019
Bitcoin’s hash rate reached an all-time high over the weekend. Here’s why that’s important.
Bitcoin Mining Is Greener Than You Think
By Allison Brickell on December 3, 2018
Bitcoin mining gets a lot of flak for its energy consumption, but a new report finds that it’s actually more environmentally friendly than you might think.