Mining

A new research study has revealed that Bitcoin mining could be helpful, refuting the popular idea that its power consumption is dangerous to the environment.

Mozilla Firefox users are more likely to observe cryptocurrency mining malware scripts blocked by default in upcoming releases of the improved web browser. Firefox is a free and open-source web browser developed by Mozilla Foundation and its subsidiary, Mozilla Corporation.

University College Oxford has officially established a new big centre for Blockchain technology research.

Bonner and Butte, Montana, are home to two of the giant Bitcoin mining infrastructures in North America. Further, they are a subject to a big energy producer, the Colstrip power plant, that is almost being closed down. Bitcoin mining has, therefore, become such a significant windfall for the US economy, that Senator Steve Daines, a congressional representative is worried that shutting down the plant could damage its cryptocurrency golden goose.

The world’s first free-to-play cryptocurrency game with Proof-of-Stake mining, Ether Kingdoms, has announced the successful completion of its beta testing as it positions itself as the premiere collectible gaming experience on the blockchain. The platform has now added over 25 artifacts to its game contents, support for 120+ levels, ability to buy artifact loot boxes, exciting quest chains, and integrated support CryptoKitties ERC721 tokens.

Recently, security experts found that hackers are currently mining for Cryptos with the help of smartphones. The Daily Mail on Wednesday, August 22, reported the increasing risk and pointed out the need to effectively protect and secure user's smartphones.

The amount of power consumed by Bitcoin mining isn't the world environmental crisis it is usually made out to be. This is according to the professional assessment carried out by Katrina Kelly-Pitou, who is a research associate in computer and electrical engineering at the University of Pittsburgh.

The government of Venezuela has taken on several desperate, unorthodox initiatives to revive and save its economy from failing completely. In the most major move, the government has devalued Bolivar, its national currency and pegged it to Petrol, oil-backed crypto.

The Swiss bank, Maerki Baumann, has proclaimed that it will start to allow funds operations related to Cryptos like mining and getting payments for rendering services.