The bitcoin (BTC) exchange rate is at the time of this writing, is $10.533 on Bitstamp. Thus, the price remained virtually the same since the technical analysis in the afternoon. Therein, – concluded the analyst Darryl is that BTC is still in downtrend position.
Most of the cryptomunten are at a loss both in dollars and in satoshi’s (units in the BTC, ed.).
However, there are a few exceptions in the top-25, as Binance Coin (BNB), Monero (XMR) and the Ethereum Classic, ETC.) that, compared to bitcoin, in the positive face.
That BNB is rising, it is possible to be explained by the announcement that the Binance with stablecoin is on the market.
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Bitcoin (BTC) network is more energy-efficient
The bitcoin (BTC) network, which consumes less energy, according to a new study.
This, as the hashrate of the bitcoin recent reached a new record high: 83.5 UM/s. This means that there is more computing power bitcoin to mine than it ever was.
Jameson Lopp on Twitter are well-known, that is 100 UM/s has been achieved.
Bitcoin’s the thermodynamic security, and is now hovering around the 100 exahashes per second! https://t.co/QcF8k9h8iO pic.twitter.com/kSnGknFJWp
— Jameson Lopp (@lopp) on September 5, 2019 at the latest
While the network is in terms of computing power, high does, the power consumption fell, reported Cointelegraph is today.
In the chart below, we can see the evolution of the energy consumption in the period from march 2017 to July 2019.
In July, the 2019 was the energy 69.79 terawatt-hours (TWh) per year. In July of 2018, this number, with 71.12 Energy just a little higher.
Source: Statista
One of the explanations for the lower use of energy: the different energy sources are more sustainable, as was shown by a study in June by the British Coinshares.
Mining the region’s
The mining is concentrated primarily in areas with lower-cost energy. On the map below, the areas in which bitcoin mining going on.
Source: Coinshares (PDF).
About 75% of the resources used are sustainable, such as combined heat and power plants and thermal (bottom) of energy. As it is, 90% of the energy used in China’s mining hub in Sichuan province comes from renewable sources.
A second explanation is that the mining equipment manufacturers, Bitmain (7nm Antminer, in november of 2018, red), and Bitfury in the year 2019 at the latest in energy-efficient it is.
The new Bitcoin News: The sales of bitcoin miners, the measures by The Dutch central Bank, as well as Chinese coffee shops.
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