Materials by tag Power

Sep 26, 2019 at 10:41
How Safe are Blockchain Technologies in Italy
One of the requirements of the blockchain to change a chain lock is that this decision is validated by the majority of decision-making power. Nothing could be more democratic, one would say. That's why it was initially seen as a system without masters where everyone can participate, in theory. Many Italians doubt whether technologies including cryptocurrencies, smart contracts, etc. are secure or not.
Aug 21, 2019 at 10:36
Elon Musk Relaunches Solar Power Service in USA. Will It Boost Bitcoin Mining?
Popular technology entrepreneur Elon Reeve Musk has rerolled out Tesla’s residential solar-power service, a new step for electricity users. Tesla is now planning to initiate its solar-panel business by allowing clients rent their rooftop systems instead of purchasing them.
Aug 11, 2019 at 10:38
Difference Between Cloud Mining and Pools
Cloud mining provides an established system to mine a digital asset like Bitcoin, Ethereum, Ripple, etc. without installing all the hardware and other necessary equipment. There are some firms which enable people to create accounts with them and go ahead to take part in the practice of mining for a simple cost. The practice enables the process to be globally accessible by massive participants. There are so far 3 models including hosted, virtual host and leased hashing power.
Jul 31, 2019 at 10:52
Bitcoin is on the Verge of Becoming Centralized
Today, Bitcoin mining activity seems to be a hurdle for most anonymous participants due to the massive competition originating from the giant pools. So far, some of the biggest miners we have in the industry include, F2Pool, AntPool, BTC.TOP, Poolin, Huibi.pool, SlushPool, ViaBTC and many others. However, the largest share of about 40% is currently taken by only three companies, of which two of these ( and Antpool) are managed by one company (Bitmain). This has brought a lot of queries in the blockchain and digital asset industry and has left people thinking that the flagship crypto is on the brink of becoming a centralized cryptocurrency.
Jun 21, 2019 at 13:21
Benefits and Criteria for Picking Cryptocurrency Mining Pool
The people who adopted Bitcoin earlier, benefited a lot from it, especially during the cryptocurrency bubble in December 2017 when they saw weighty block rewards and massive gains from this money-spinning new venture. The time when Bitcoin had just surfaced, its mining was relatively cheap, but when its price and popularity started to increase uniformly, the mining difficulty followed suit. Now, pools appear to be a big deal for crypto investors who want to venture into mining.
Mar 17, 2019 at 16:53
Solar Energy to Reduce Mining Cost and Impact on Environment
There have been many debates around bitcoin’s energy consumption rates and its negative influence on the environment. Sustainable systems such as solar energy can solve the problem by introducing ecologically clean energy for mining. Besides, it is much cheaper than traditional sources.