What Is Forging, and Is It a Viable Alternative to Bitcoin Mining?

As more and more people join the cryptocurrency conversation, Bitcoin mining has been thrust into the limelight. And just like everything surrounding this inherently controversial industry, it’s shrouded in misconceptions. Bitcoin mining is disastrous for the environment. It’s expensive. It’s draining the earth’s natural resources. These are all valid arguments, but they are based on … Read more

The Economic Ripple Effect of Bitcoin Mining

Given the numerous drawbacks, Bitcoin mining tends to stop a lot of people in their tracks. As a handful of companies and countries ironically have a monopoly on the mining of Bitcoin, can it still be cost-effective to do? What’s the economic ripple effect of Bitcoin mining? Bitcoin Mining Contributes to the Local Economy Dave … Read more

What Is Sustainable Mining and Why Is It Important?  

Bitcoin mining consumes a huge amount of electricity. That’s no secret. Many a would-be miner has been stopped in their tracks by the prospect of a utility bill superseding their profits. But simply mining in locations with cheaper power, such as parts of Canada, Eastern Europe, or China, isn’t the solution either, since cryptocurrency mining … Read more