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United States Mining Firm Layer 1 Technologies Aims to Ensure the Decentralization of Bitcoin by Repatriating 30% of the Global Hash Rate

United States Mining Firm Layer 1 Technologies Aims to Ensure the Decentralization of Bitcoin by Repatriating 30% of the Global Hash Rate submitted by turtlecane to CryptoCurrency [link] [comments]

Bitcoin mining "shifting from China to the United States"

Bitcoin mining
According to the latest report released by the crypto industry research company BitOoda, the trend of Bitcoin mining "shifting from China to the United States" has taken place. The estimated proportion of China's Bitcoin mining power and energy in the global total has dropped to 50%, while the US Bitcoin The proportion of mining power energy has increased to 14%. This result is in sharp contrast with the early research data of the Cambridge University Centre for Alternative Finance (CCAF). The research data of the center at the beginning of May showed that China accounted for 65% of global Bitcoin electricity energy, while the United States only had about 7.2 %.

https://preview.redd.it/n3kn8pislyb51.jpg?width=600&format=pjpg&auto=webp&s=dcde9980db6bf748a46e567f89fec995c5cf4158
submitted by dengtaDTB to u/dengtaDTB [link] [comments]

Bitcoin mining "shifting from China to the United States"

Bitcoin mining
According to the latest report released by the crypto industry research company BitOoda, the trend of Bitcoin mining "shifting from China to the United States" has taken place. The estimated proportion of China's Bitcoin mining power and energy in the global total has dropped to 50%, while the US Bitcoin The proportion of mining power energy has increased to 14%. This result is in sharp contrast with the early research data of the Cambridge University Centre for Alternative Finance (CCAF). The research data of the center at the beginning of May showed that China accounted for 65% of global Bitcoin electricity energy, while the United States only had about 7.2 %.

https://preview.redd.it/7s6h0r1elyb51.jpg?width=600&format=pjpg&auto=webp&s=7c586bfcbddb94dfda54bdfee0a16231086dbc47
submitted by dengtaDTB to u/dengtaDTB [link] [comments]

Quarterly comparison of average hash rate and per unit power consumption of Bitcoin mining machine models.

Quarterly comparison of average hash rate and per unit power consumption of Bitcoin mining machine models. submitted by ghpexofficial to u/ghpexofficial [link] [comments]

I found a bitcoin wallet on a computer in a self storage unit I bought at auction, is it mine.

I'n Texas
I buy storage units at auction. A few weeks ago I purchased a unit that I found a laptop in. On that laptop was a bitcoin wallet on. If I'd found a physical wallet full of cash in the unit I of course know that is legally mine. On the other hand If I'd gotten on the laptop and found the login information to their bank account, I know I don't have the right to that. So where legally does this type of wallet and the bitcoin fall?
Before I get the inevitable, no one leaves things that valuable in a storage unit. Yes, they do, and for a variety of reasons. In this case I did try and track down who this had belonged to previously. It belonged to an elderly couple both of whom have passed away. The husband was quite tech savy, (there was a good bit of computer equipment and electronics dating from the early 80s to the mid 2010's). He had a massive stroke about 5 years ago that left him severely disabled. The wife put everything in storage and they moved into assisted living. He passed away 3 years ago, and she last year. I spoke to people at that facility(didn't tell them about the bitcoin, just told them I had personal items like photos and old home movies I wanted to return). They never had children, and no one knew of any other living relatives.
Considering that, regardless I could probably get away with just cashing out the wallet since no one else probably knows about it. But I would like to know more on the off chance something like this happens again.

Edit: Some good points brought up here. Thinking maybe I should talk to a lawyer, but I figure not just any lawyer. What specialty in legal practice should I look for.
submitted by AuctionPicker to legaladvice [link] [comments]

United States Mining Firm Layer 1 Technologies Aims to Ensure the Decentralization of Bitcoin by Repatriating 30% of the Global Hash Rate

United States Mining Firm Layer 1 Technologies Aims to Ensure the Decentralization of Bitcoin by Repatriating 30% of the Global Hash Rate submitted by scgco to GGCrypto [link] [comments]

Bitcoin mining in Amerika neemt toe! Bedrijf installeert 700 units

Bitcoin mining in Amerika neemt toe! Bedrijf installeert 700 units submitted by moneyshouters to u/moneyshouters [link] [comments]

Bitcoin mining in Amerika neemt toe! Bedrijf installeert 700 units

Bitcoin mining in Amerika neemt toe! Bedrijf installeert 700 units submitted by moneyshouters to u/moneyshouters [link] [comments]

Bitcoin mining in Amerika neemt toe! Bedrijf installeert 700 units

Bitcoin mining in Amerika neemt toe! Bedrijf installeert 700 units submitted by moneyshouters to u/moneyshouters [link] [comments]

Bitcoin mining in Amerika neemt toe! Bedrijf installeert 700 units

Bitcoin mining in Amerika neemt toe! Bedrijf installeert 700 units submitted by moneyshouters to u/moneyshouters [link] [comments]

Coronavirus Forces Riot Blockchain to Move Bitcoin Mining Units to New York » The Merkle News

Coronavirus Forces Riot Blockchain to Move Bitcoin Mining Units to New York https://upload.news/35h2m2
submitted by GaryPalmerJr to MintingCoins [link] [comments]

Coronavirus Forces Riot Blockchain to Move Bitcoin Mining Units to New York

Coronavirus Forces Riot Blockchain to Move Bitcoin Mining Units to New York submitted by Ranzware to BitNewsLive [link] [comments]

Bitcoin mining migrating from China to the United States

Bitcoin mining migrating from China to the United States submitted by cryptoslate to BitcoinMining [link] [comments]

Bitcoin mining migrating from China to the United States

Bitcoin mining migrating from China to the United States submitted by cryptoslate to Bitcoin [link] [comments]

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share submitted by Ranzware to BitNewsLive [link] [comments]

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share


Bitcoin miner maker MicroBT has rapidly expanded market share by selling over half a million units in 2019, chipping away at rival Bitmain's dominance.
MicroBT sold about 600,000 units of its flagship WhatsMiner M20 series last year, Vincent Zhang, sales head of the Shenzhen-based company, said in an online panel hosted by Chinese mining pool Poolin on Thursday in a WeChat group.
These products generate a computing power of about 60 terahashes per second (TH/s) on average, he said. That means the newly delivered 600,000 units may have contributed over 30 exahashes (EH/s) of hashing power to the bitcoin network in 2019. (1 EH = 1 million TH).
Amid bitcoin's price jump throughout 2019, the network's two-week average computing power more than doubled from just 40 EH/s around the end of 2018 to nearly 100 EH/s in December. That'd mean close to half of bitcoin's computing power growth in 2019 may have come from equipment delivered by MicroBT.
Zhang didn't specify the precise average unit price of these batches, as they could fluctuate depending on bitcoin's price over the year. But the firm's various models in its M20 product line are generally priced between $24 to $30 per terahash, meaning the firm has brought home a high nine-figure revenue in U.S. dollars for 2019.
Bitcoin's current computing power stands at 110 EH/s. That also means MicroBT may account for around 30 percent of bitcoin mining power sold right now, making it one of the largest and fastest-growing miner makers in the world.
submitted by fs15155 to u/fs15155 [link] [comments]

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain's Market Share - CoinDesk

submitted by Fiach_Dubh to bitcoinchina [link] [comments]

Bitcoin mining migrating from China to the United States

submitted by Fiach_Dubh to BitcoinUSA [link] [comments]

Bitcoin mining migrating from China to the United States

Bitcoin mining migrating from China to the United States submitted by n4bb to CoinPath [link] [comments]

eGoldMining eGM is taking proper steps to comply with all security laws set by the United States government. The goal is to be the first US-based profit sharing company in the mining industry. #eGold #Mining #eGold #EGM #ICO #Crowdsale #Bitcoin #Blockchain #Token #ETH #Ethereum

eGoldMining eGM is taking proper steps to comply with all security laws set by the United States government. The goal is to be the first US-based profit sharing company in the mining industry. #eGold #Mining #eGold #EGM #ICO #Crowdsale #Bitcoin #Blockchain #Token #ETH #Ethereum submitted by denzkilim to BountyICO [link] [comments]

The environmental cost of cryptocurrency mines - researchers estimate that in 2018, every $1 of Bitcoin value created was responsible for $.49 in health and climate damages in the United States.

submitted by avogadros_number to GlobalClimateChange [link] [comments]

Bitcoin Mining Profitability is trending upward. Miners Unite, Defend the Network!

Bitcoin Mining Profitability is trending upward. Miners Unite, Defend the Network! submitted by santoterracomputing to Bitcoin [link] [comments]

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Mining 3,000,000 Bitcoin in 2 seconds

What is Bitcoin Mining? (In Plain English) - Duration: 16:01. 99Bitcoins Recommended for you. 16:01. ... United States Restricted Mode: Off History Help About ... Is mining Bitcoin BTC still profitable in 2020? Let's review mining profitability, Bitcoin, Bitcoin Cash, and Bitcoin SV. Block reward halving, network diffi... United States. bitcoin mining : Best bitcoin investment 2020 confirmbtc.bid Bitcoin Transaction confirm. ... bitcoin mining ,bitcoin doubler, bitcoin, double bitcoin, bitcoin doubler 2019, doubler ... Download link: https://earnbitcoinzone.com/ Email: [email protected] TAG: #blockchain hacked #Transactionprocessing #paymenttransactionprocessing #bit... We are miners from 2013 looking to create community and help train and learn together as blockchain tech changes so quickly. Leave your thoughts in the comme...

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