Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away.
While many in the West often overlook Africa as an emerging blockchain innovation center, a deeper look across the continent tells a very different story.
A recent FinCEN letter stakes out policy position regarding ICOs that appears somewhat inconsistent with prior guidance and could foreshadow potential avenues of enforcement.
The new Qarnot QC-1 "crypto heater" takes advantage of an obvious synergy: It makes use of the waste heat generated by mining crypto in the guise of an attractive space heater.