Bitcoin Mining

Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain network. It involves powerful computers solving complex mathematical problems to secure the Bitcoin network and maintain its decentralized nature. Individuals, companies, and even specialized mining pools participate in this process, known as miners. These miners play a crucial role in ensuring the integrity and security of the Bitcoin network. As the number of bitcoins in circulation is limited, mining also serves as a means of distributing new bitcoins. Miners are rewarded with newly minted bitcoins for their computational efforts and the energy they contribute to the network. Bitcoin mining has evolved over time, with the advent of more efficient hardware and the rise of mining farms. These farms, often operated by companies, leverage economies of scale to maximize their mining capabilities. Additionally, mining protocols and algorithms have been developed to adapt to the increasing computational power and maintain the network's stability. Crypto exchanges facilitate the trading of bitcoins, allowing miners to convert their earned bitcoins into traditional currencies or other cryptocurrencies. This dynamic ecosystem of people, companies, protocols, and blockchain networks collectively contribute to the functioning and growth of Bitcoin and the broader cryptocurrency market.


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SoFi to End Crypto Services; Jack Dorsey's Latest Crypto Moves

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the latest developments for Binance as founder and former CEO Changpeng "CZ" Zhao steps down as chairman of the global exchange's U.S. affiliate's board. SoFi tells its crypto customers it is ending crypto services next month. Plus, Jack Dorsey leads a $6M seed funding round for a decentralized bitcoin mining pool.

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Политика

Celsius va devenir une nouvelle société exclusivement minière après les commentaires de la SEC sur son plan de faillite mis à jour

Lundi, quelques heures avant l'annonce de Celsius , CoinDesk a rapporté que la SEC souhaitait plus d'informations sur les actifs de l'ancien prêteur de Crypto .

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Видео

Marathon Digital CEO on Testing BTC Mining With Methane Gas From Waste Landfill

Bitcoin miner Marathon Digital has teamed up with Nodal Power for a 280 kilowatt pilot mining project in Utah that is using methane gas generated from landfill waste to power mining operations. Marathon Digital Holdings CEO Fred Thiel discusses the partnership and the broader state of bitcoin mining, explaining how "long-term, bitcoin miners can essentially become energy negative."

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Видео

Bitcoin Mining Stocks Climb This Week as BTC Hovers Near 17-Month High

Bitcoin mining stocks soared Thursday as bitcoin (BTC) itself traded around a 17-month high. Shares of U.S.-listed mining companies such as Marathon Digital (MARA), Riot Platforms (RIOT) and CleanSpark (CLSK) rallied during the day amid a wider surge in equities. The largest cryptocurrency by market cap is currently trading around $34,500. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Видео

Ex-Celsius Exec Pleads Guilty; Coinbase Earned $1M Amid Hack

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, including details on a former Celsius Network executive pleading guilty to U.S. criminal charges. According to market observers, Coinbase is sitting on a roughly $1 million profit tied to a hack. And, bitcoin mining pool F2Pool has returned 19.8 bitcoin (BTC) to Paxos.

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Видео

Bit Digital CEO on Q2 Earnings, Headwinds in the Mining Industry

Mining company Bit Digital reported its latest quarterly earnings results this week. The company earned 318.4 bitcoins during the second quarter of 2023. Bit Digital CEO Sam Tabar joins "First Mover" to discuss why bitcoin's (BTC) price is a major headwind for the mining industry. Plus, insights on their nearly carbon-free operations and the miner's fairly recent expansion into Iceland.

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Consensus Magazine

« Nous sommes des cow-boys de l'informatique » : Gideon Powell parle de l'esprit pionnier qui anime le minage de Bitcoin

Entretien avec le PDG de Cholla Inc., une société d'exploration pétrolière et GAS qui investit dans l'exploitation minière de Bitcoin .

Gideon Powell, who runs the family business Cholla Mining, sees bitcoin miners as modern day wildcatters. (Gideon Powell)

Мнение

L'exploitation minière de Bitcoin est un acte de liberté

Parce que c'est un acte de service, écrit le chercheur de CryptoQuant Burak Tamaç dans un essai de Mining Week.

Hannah arendt (Barbara Niggl Radloff/Wikimedia Commons)