Cryptocurrencies and blockchain technology have the potential to liberate people from oppressive, authoritarian regimes. What about developed nations such as Canada or the United States? Many of the same tools that can help the world’s poor can also help the average Canadian. For example, in Canada, we still pay extortionary
Our articles talk about Bitcoin from top to bottom. We explore all general concepts and more specific concepts related to Bitcoin mining.
A crypto mining rig is an incredibly powerful computer. And as powerful computers, mining rigs have the ability to produce a large amount of heat. But this heat can be repurposed to produce electricity. What if there was a way to reduce the cost of food locally using sustainable energy?
Unless you’ve been living under a rock for the past twelve years, it’s hard not to have heard of Bitcoin. The cryptocurrency regularly makes headlines, whether it’s record drops after an Elon Musk tweet or interviews with would-be millionaires combing through landfills for tossed laptops containing their forgotten passwords. So,
Bitcoin mining has become a profitable venture. However, it requires extra layers of privacy even a Security Socket Layer (SSL) cannot provide. Ask yourself these questions when protecting your equipment and data against hackers. 1. What assets, physical and digital, do I want to protect? Keep in mind that data
The Bitcoin energy debate continues, seemingly without an end. Given the inability to apply the same scrutiny to other seemingly wasteful applications that consume similar amounts of energy, Bitcoiners are rightly frustrated. The debate doesn’t come down to the details of mining but the social merit of non-state currency. False Narrative
With the recent announcement of the Metaverse and Facebook’s transition to Meta, more people than ever have migrated to virtual environments and competed to participate in their own virtual domain. As virtual reality becomes more common, the convergence of cryptocurrencies such as Bitcoin with cyberspace itself will be as common
Blockchain is the race to Mars in search of scalable solutions. Bitcoin processes seven transactions per second. On average, 400 transactions per minute, while Visa processes between 1000 and 4000 transactions per second. Unfortunately, Bitcoin’s chances in that race have been limited by scalability until now. Meet the Lightning Network,
If you’ve been following the cryptocurrency scene for any amount of time, you’ve seen that the biggest trend in cryptocurrency has been dynamic growth. New cryptocurrencies rocket onto the scene, the financial growth of Bitcoin continues to remain strong, and new technology is always being employed to increase the efficiency
If you’ve spent any time on the internet over the past couple of years, you’ve heard a lot about cryptocurrency, especially Bitcoin. You may have even heard that you can mine bitcoins at home, although the process can seem a bit overwhelming at first. However, home Bitcoin mining is a
There has been more technological advancement in the past 100 years than in the past 2,000 years combined. And that says a lot about the speed of technological development. It has an avalanche effect. Once it rolls, it grows incredibly fast and very little can stop it. In 2009, suggestions