At the start of August, 2017, several media were granted access to one of the world’s largest Bitcoin mines, located in Inner Mongolia (China), operated by Bitmain Technologies. Bitcoin mines typically keep their operations private
As of today, Digiconomist is featuring an Ethereum Energy Consumption Index.
Ever since Bitcoin’s inception its trust-minimizing consensus has been enabled by its proof-of-work algorithm. The work is performed by so-called miners; power hungry machines
As of today Digiconomist is featuring a Bitcoin Energy Consumption Index.
Despite the constantly increasing concerns in Bitcoin’s community on the digital currency’s growth limit, there still appears to be some room left to worry about other subjects.