bitcoin

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Farmer uses cow poop to mine cryptocurrencies

A farmer uses cow poop to provide power to its crypto mine farm. The layout of the installation looks classic: manure is mixed with water and placed in fermenters. They produce methane, and methane is used by engines connected to generators – they generate electricity so they can mine cryptocurrencies.

bitcoin taproot Bitcoin upgrades, Taproot & Schnorr, are confirmed to go live this year

Bitcoin upgrades, Taproot & Schnorr, are confirmed to go live this year

The scalability solutions Taproot & Schnorr were blocked from being activated in Bitcoin as of November 2021, in the third signaling attempt by miners via Speedy Trial or rapid test. With 90% favorable signaling, reached at the height of block 687,284, mined by F2Pool today, June 12, at 12:00 UTC, these Bitcoin upgrades become valid solutions to use throughout the Bitcoin protocol and its network decentralized nodes.

bitcoin hashrate drop Bitcoin Mining Power Had Its Worst drop Since 2017

Bitcoin Mining Power Had Its Worst drop Since 2017

The Bitcoin Mining Power, in the network since April, has been presenting instability in its hashrate, suffering considerable drops that have made the mempool look saturated. Yesterday, there was a drop of about 40% in the hashrate, this being the worst drop since May 2017 , when it plunged 55%.