Category: Coinshares

Chinese Miners Short BTC Markets to Hedge Against Falling Prices

The price of bitcoin core (BTC) has dropped considerably over the past few months, significantly affecting individuals and organizations that…

Report: Bitcoin Mining Doesn’t Fuel Climate Change, It Benefits the Global Economy

The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing…

Mining Consumes Half as Much Power as BECI Estimates – Coinshares

Embellished estimates as to the total electricity consumed through bitcoin mining have again made the rounds in the media recently,…

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