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New record! Bitcoin exceeds $ 61,000 and miners study ways to cool GPUs

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The year 2021 has been a busy one when it comes to Bitcoin, with high points here being Elon Musk's investment in the currency leading to a record $ 44,000, the possibility of Twitter switching to using cryptocurrency to pay for its employees, and even the expectation that Samsung Pay may start supporting...
Bitcoin

Bitcoin spends energy equivalent to whole Switzerland on mining machines

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In recovering value since mid-June, Bitcoin would have a significant energy expenditure. At least, this is what signals a study made by an online tool called the Bitcoin Electricity Consumption Index of Cambridge (CBECI). According to the survey, the energy consumption of cryptom idea is similar to Switzerland's total use in one...
Bitcoin Is Bigger Than Ever, And Here's Why That Matters

Bitcoin Is Bigger Than Ever, And Here’s Why That Matters

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The money you've been using all your life is backed by a government of some sort, and it exists in a tangible way. Bitcoin is neither tangible nor backed by anyone, but it's still worth a great deal to some people. This digital currency began circulating on the internet in...

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