Bill Maher says crypto mining uses 8% of world’s electricity — he’s wrong
Maher was lambasted online after he broadcast the false crypto figures on TV and to nearly 12 million followers on social media.
Maher was lambasted online after he broadcast the false crypto figures on TV and to nearly 12 million followers on social media.
Bitmain continues to direct a concerning amount of block production in the Bitcoin network through proxy mining pools.
It has never been a worse time to mine bitcoin. With all-time high competition, debt, and electricity, finances are plaguing operators.
Operating as lone wolves and paying for 100% of their own equipment and electricity, solo bitcoin miners sometimes strike it lucky.
Bitcoin firm Swan plans to end its managed mining product and has delayed its IPO while laying off employees.