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Jordan Kantor, artistic director of Art Blocks, told CoinDesk that generative art has been showcased through drawings and paintings throughout much of the 20th century. Yet, art movements in the 1960s, such as minimalism, along with the expansion of artificial intelligence and computing, helped propel generative art into the modern
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The flexibility behind running Bitcoin (BTC) mining operations can be vital to solving the real-world problems that stand in the way of the energy industry, suggests Arcane research.One of the biggest concerns authorities raise when it comes to Bitcoin’s mainstream adoption is its energy requirements. While innovations in chipset manufacturing
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American Bitcoin mining firm Riot Blockchain earned an estimated US$9.5 million in power credits in July as it reduced energy consumption and mined fewer Bitcoins.See related article: Bitcoin miners in Texas halt operations amid heat waveFast factsRiot produced 318 Bitcoins in July this year, about 28% less than July last
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Crypto mining firm Riot Blockchain reported it produced fewer Bitcoin (BTC) in July 2022 than that in July 2021 after scaling down operations at its Texas facility.In a Wednesday announcement, Riot said its miners had produced 318 Bitcoin in July, more than 28% less than the 443 BTC the firm reported generating
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Several bitcoin miners temporarily halted mining operations as energy demand soared in July due to heat waves that swept through the U.S., particularly in Texas. Riot curtailed 11,717 megawatt hours in July, enough to power 13,121 average homes for a month, Les said, adding that it lowered power costs for
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The bitcoin mining difficulty adjusted downwards as miners unplugge their machines amid U.S. heatwaves. Source
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Crypto exchange Binance.US has removed trading fees for Bitcoin (BTC) spot market trades, following in the footsteps of Robinhood, which pioneered no-commission crypto trading in 2018. Brian Shroder, CEO of Binance.US, said the move makes the company the first United States crypto exchange to eliminate spot trading fees for Bitcoin for
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The Solana-based marketplace has seen far more transactions than its Ethereum counterpart in the last 24 hours. Original Source
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“Hundred Finance is a new project on Fantom that has recently received a lot of attention, and it is leveraging the now-popular ve-token model with high stablecoin yields of up to 30% APY (annual percentage yield). This, in turn, generated a lot of hype and speculation, as evidenced by Fantom
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It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining
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