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HydroMiner

Bitcoin mining with hydro power. Using hydro power stations in the Alps region, we reach one of the lowest prices per kilo Watt in Europe. In fact, our cost of electricity is currently 85% lower than the average in Europe.
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btc2sms

Send and receive bitcoin purely via sms.
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Iceland will likely use more electricity in the next year to mine bitcoin than it uses to power every single home in the country. Bitcoin mining is booming in Iceland, and energy providers are worried they won't be able to power new mining companies

Iceland will likely use more electricity in the next year to mine bitcoin than it uses to power every single home in the country. Bitcoin mining is booming in Iceland, and energy providers are worried they won't be able to power new mining companies submitted by speckz to Futurology [link] [comments]

More Comedy GODL in r/Bitcoin: "Finally got my father, a factory owner, into bitcoin mining and guess who’s getting all the money. Me. My idea my money \_😎_/" ... and proceeds to fight with r/Bitcoiners, calls them "bitch niggaz", and claims "Electricity is free in my country" 🤣🤣🤣

More Comedy GODL in Bitcoin: submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%.

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%. submitted by wnuins to CryptoCurrency [link] [comments]

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX submitted by Crypto_Rescue to CryptoCurrency [link] [comments]

China Changes its Stance Towards Bitcoin Mining

China Changes its Stance Towards Bitcoin Mining

https://preview.redd.it/z7rzhmuga2x31.jpg?width=720&format=pjpg&auto=webp&s=a4220a1b806a59cdf2481d3f09b9f173b7a4fe27
China’s state planner, the National Development and Reform Commission (NDRC), has reportedly removed Bitcoin (BTC) mining from the list of industries that might be eliminated.
Cryptocurrency mining has not been included in the finalized catalog for Guiding Industry Restructuring that will take effect from Jan 1, 2020, per Coindesk. The catalog was published today.
As reported in April, the Commission was seeking public opinions whether Bitcoin mining should be immediately banned. Bitcoin mining was included in a draft list of industrial activities the agency was seeking to stop, as they did not adhere to relevant laws and regulations, were unsafe, wasted resources or polluted the environment.
In either case, despite all efforts to push Bitcoin miners out of the country, Bitcoin mining was never officially illegal in China.
Su Zhu, CEO of Singapore-based investment management firm Three Arrows Capital, reacted by saying that he wouldn't be surprised if "mining becomes designated a strategically important activity at some [point]."
The announcement today comes hot on the heels of the recent urge by China’s President Xi Jinping to accelerate the development of blockchain technology due to its importance "in the new round of technological innovation and industrial transformation" of China.
Chinese miners are already major players in the Bitcoin mining industry. For example, at the time of writing, four largest mining pools (Poolin, BTC.Com, F2Pool and AntPool) are from China and hold almost 63% of the Bitcoin network hashrate, which essentially measures how much computing power is needed to maintain the network.
Bitcoin hashrate distribution

https://preview.redd.it/76to2sb9r3x31.png?width=720&format=png&auto=webp&s=7279160fa38127eab289315c02aab9f4b2228d93
In either case, there are concerns that China holds more influence over Bitcoin than many are ready to admit.
China "threatens the security, stability, and viability of Bitcoin” with its “political and economic control over domestic [cryptocurrency] activity, and control over its internet infrastructure,” a study, published in October 2018, from Princeton and Florida International Universities claimed.
"In theory it's possible for a government to launch a 51% attack. If a government like the US or China decided they wanted to hurt Bitcoin, they could either rapidly shut down a lot of mining power so that they control a majority of what's left, or they could deploy new hashpower that takes over the network," Prof. Matthew Green of John Hopkins University told Cryptonews.com earlier this year. However, he doesn't regard a 51% attack on Bitcoin as especially likely though, due to the enormous expense involved.
"The thing to keep in mind is that 51% attacks, while they're terrible and undermine confidence, basically just allow double spending," says Green. "This is really bad for merchants and exchanges, and in the long run it could make Bitcoin unusable. But it doesn't allow the attacker to, say, steal everyone's coins. And the cost of a rollback goes up as you go farther back in time."
Meanwhile, in 2018, articles from influential state-run Chinese media outlets signaled that further crackdowns could be launched to force out remaining cryptocurrency trading and mining activities from the country. However, until now, miners have shown a surprising resilience.
Nonetheless, many of those mining companies were looking to relocate to more favorable locations overseas such as Iceland, Canada, and the US, to name a few.
At pixel time (07:11 UTC), BTC trades at c. USD 9,410 and is up by 1.45% in the past 24 hours and by 1.47% in the past week.
submitted by ionskurtu to u/ionskurtu [link] [comments]

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX

submitted by Crypto_Rescue to PreciousMetals [link] [comments]

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX submitted by Crypto_Rescue to bitcointrading [link] [comments]

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX (x-post from /r/cryptocurrency)

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX (x-post from /cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX submitted by Crypto_Rescue to CryptoCurrencies [link] [comments]

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX submitted by Crypto_Rescue to BitcoinTradingRoom [link] [comments]

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX submitted by Crypto_Rescue to CryptoCurrencyTrading [link] [comments]

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX submitted by Crypto_Rescue to u/Crypto_Rescue [link] [comments]

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX

Gold News & 15 Countries Have Unlimited U.S. Credit Lines, Bitcoin Charts, Mining Stock - MUX submitted by Crypto_Rescue to Crypto_Currency_News [link] [comments]

6 Best Countries To Mine Bitcoin

6 Best Countries To Mine Bitcoin submitted by Thecoinscapture to u/Thecoinscapture [link] [comments]

Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector

submitted by raaner12 to Altcoinss [link] [comments]

Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector

Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector submitted by Ranzware to BitNewsLive [link] [comments]

Venezuela Bans Bitcoin Mining Operations in the Country's Public Housing Sector

Venezuela Bans Bitcoin Mining Operations in the Country's Public Housing Sector submitted by swiftestcat to btc [link] [comments]

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%.

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%. submitted by Same_As_It_Ever_Was to Monero [link] [comments]

“Mining is highly encouraged in China now. They hope to control bitcoin by having all the miners in the country (ie, under their control).” - CZ

“Mining is highly encouraged in China now. They hope to control bitcoin by having all the miners in the country (ie, under their control).” - CZ submitted by forgot_login to CryptoCurrency [link] [comments]

If Bitcoin 10x its value and governments become interested in saving and trading in bitcoin. Some might redirect there nuclear plants to mining . There can even be attacks on power stations for rival countries. A distributed AI system would eventually figure out a strategy to get 51%.

submitted by rbirsan to Bitcoin [link] [comments]

New interactive mining map tool from Cambridge University showing Bitcoin's hashrate distribution by country and Chinese province.

New interactive mining map tool from Cambridge University showing Bitcoin's hashrate distribution by country and Chinese province. submitted by mrauchs to Bitcoin [link] [comments]

Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa [OC]

Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa [OC] submitted by beavershaw to dataisbeautiful [link] [comments]

Top 10 Countries to Mine Crypto In the world Slovenia - The Crypto Country  Bitcoin.com Documentary Best Countries for Crypto Mining Cryptocurrency: Virtual money, real power and the fight ... New Bitcoin Mining Hack Script 2020 100% Work All country ...

The country is yet another very good alternative for starting a Bitcoin mining business. The main reason is the fact that it boasts fairly inexpensive electricity. Canada also has a very cold climate which means that miners can save a fortune on cooling costs. In order to mine one Bitcoin, you needed to pay somewhere around $4,000 back in 2018. A country’s economic status also plays a role in determining how expensive Bitcoin mining will be. Mining operations require a lot of lands and often newly built warehouses, so real estate and construction prices can make a big difference in overhead costs. The estimated cost of mining one bitcoin in Georgia is $3,316. This is the second lowest cost of mining on our list of best countries for bitcoin mining. The Eastern European country is served by low electricity costs, which is evidenced by the massive mining farm owned by BitFury within the country’s borders. Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Bitcoin mining costs by country around the world. South Korea comes in as the most expensive country for mining a single coin at $26,170. From there, Niue, Bahrain, the Solomon Island, and the Cook Islands round out the top five, respectively. On the flipside, Venezuela came in as the cheapest nation at $531.

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Top 10 Countries to Mine Crypto In the world

If Bitcoin miners were a country they’d rank 61st in the world in terms of electricity consumption. Here are a few other interesting facts about Bitcoin mining and electricity consumption: Slovenia has more than 300 merchants accepting Bitcoin Cash and other cryptocurrencies which makes it one of the top countries per capita worldwide. The regulators are also pro crypto, which can ... We looked at the cost to mine one bitcoin in 115 different countries based on average electricity rates according to government data, utility company data, and/or world reports from IEA, EIA ... Sweden is mining PC for some Bitcoin. Poland is confused in the mean time. Thank you ??? for a great idea _____ COMMENT _____ Poland: Hey Swe... Earn Money All Country Bitcoin Mining Rs.5000 Everyday Without invest Must Watch Urdu/Hindi 2018 Joined_Telegram_Btc_Earn Money Link Click https://t.me/B...

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