Satoshi Nakamoto Blog

Category : bitcoin mining

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Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners

satoshi
Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the
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CCN is Shutting Down after Google’s June 2019 Core Update

satoshi
Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped
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74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report

satoshi
There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful