Bitcoin ‘miners’ face fight for survival as new supply halves

  • Genesis, for example, keeps cost down by remotely monitoring conditions in its mining farms and adjusting its fans and cooling .
  • The mining keeps the whole system going.
  • Dallas police used ‘bomb robot’ to kill shooter
  • As the bitcoin price has risen, as transaction numbers have grown and as the computers have become so specialized that they can only perform the function of bitcoin mining, a whole industry has emerged.
  • Germany says forces in Iran trying to torpedo nuclear deal

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@bitcoinagile: “#bitcoin ‘miners’ face fight for survival as new supply halves #blockchain #currency”


By Jemima Kelly KEFLAVIK, Iceland (Reuters) – Marco Streng is a miner, though he does not carry a pick around his base in south-western Iceland. Instead, he keeps tens of thousands of computers running 24 hours a day in fierce competition with others across the globe to earn bitcoins. In the world


Bitcoin ‘miners’ face fight for survival as new supply halves