I drew a chart juxtaposing the Bitcoin hash rate with the market availability of mining ASICs and their energy efficiency. This allows calculating with certainty the lower and upper bounds f... Read more
Bitcoin’s surge in price has sent its electricity consumption soaring. Bitcoin’s incredible price run to break over $7,000 this year has sent its overall electricity consumption soarin... Read more
Swirlds is a software platform that has developed the hashgraph consensus algorithm: an entirely new distributed ledger technology that is much more cost-effective (no proof-of-work), 50,000... Read more
One of the students of the Blockchain and Bitcoin Fundamentals course asks “Who pays the bitcoin mining reward that gets paid out to the miners whenever they mine a new block for the Bitcoin... Read more
Since 2008, when the term bitcoin was coined by Satoshi Nakamoto as a novel electronic and completely peer-to-peer cash system free of trusted third party, the interest in the bitcoin and bl... Read more
BCash/Bitcoin (BCH)1 cash did it on August 1st 2017, Bitcoin2x/Segwit2x(B2X) does it at block 494,784, which is currently estimated to occur on November 16th. For better or worse, creating a... Read more
The world’s second-most-valuable cryptocurrency is also its most interesting—but in order to understand it, you must first understand its origins. In the beginning, there was Bitcoin. The cr... Read more
The latest test of the University of Sydney’s Red Belly Blockchain shows it can process financial transactions 50% faster than first anticipated, outperforming market leaders – including VIS... Read more
Tara Vancil is a programmer and decentralized Web enthusiast in Austin, TX. Earlier this month, I spoke at bangbangcon about how Merkle trees are the backbone of nearly all decentralized tec... Read more