Information and Insights on High Performance Computing (HPC)
Get news and read about developments in HPC and dive into articles abount A.I. and crypto-related topics.
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7 Reasons Why Bitcoin Is Poised for a Profitable Future
In the early days of cryptocurrencies, when they were still a niche phenomenon, we at Bitkern recognized the disruptive potential of this digital currency. Our vision: A world where Bitcoin is seen not just as a form of digital money but as a driving force for financial innovation and independence.
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Navigating Through the Halving
The Bitcoin Halving is imminent, a pivotal event that halves the rewards for Bitcoin mining. This phase is crucial as it influences the economics of mining and pushes market players towards efficiency and innovation. At Bitkern, we view this as an opportunity to showcase our adaptability and technological leadership.
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The "Bitcoin Pizza Day"
On May 22nd, 2010, a programmer named Laszlo Hanyecz made a purchase that would go down in history as one of the most significant transactions in the world of cryptocurrencies. Using his Bitcoin, which was then worth only a few cents, Hanyecz ordered two pizzas from Papa John's, paying 10,000 BTC for the delivery. Today, that same amount of Bitcoin would be worth millions of dollars.
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Celebrating "Earth Day" 2023
Earth Day is a day celebrated annually on the 22nd of April to raise awareness about environmental issues and encourage people to take action to protect the planet. This year, we continue to celebrate Earth Day, and it is an excellent opportunity to reflect on the progress we have made so far in preserving our planet.
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Challenges for cryptocurrency miners: Dealing with regulatory restrictions and political risks
As the world becomes increasingly digital, the demand for cryptocurrencies continues to rise. However, this has led to numerous challenges for cryptocurrency miners, particularly in light of political and regulatory crackdowns.
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The Social Impact of Bitcoin
Bitcoin and the decentralised method of transfers without government or institutional control can have a positive social impact on people around the world. Those without authority and access to connections struggle to access money, whereas the powerful and connected find it inherently easy to create and access money.
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Immersion Cooling
High performance computing, specifically Bitcoin mining consumes a significant amount of energy, which is mostly converted to heat energy but rarely utilized. Immersion cooling provides a solution by storing the heat energy in liquid form, making it easily accessible for use. So what is immersion cooling, what are its advantages, and what methods are used in Bitcoin Mining?
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Cryptocurrency Taxation in the EU
With the EU introducing cryptocurrency legislation with MiCAR, the Markets in Crypto-Assets Regulation, which will be implemented from 2025, taxation of cryptocurrency is an important topic. Investors, people and companies who use crypto as a means of payment, and miners whose income is crypto – they all need to comply with the tax laws in their country of residence.
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Europe’s Oil Embargo, its Energy Woes and Cryptomining in the Region
End of May 2022, the Europena Union’s heads of states agreed on an oil embargo on Russian oil that would halt 75% of all Russian oil imports to stop the large finance for Russia’s war that comes from payments for oil imports.
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Energy Usage and Sustainability of Bitcoin Mining
As the world is moving towards net-zero emissions, so too is Bitcoin mining looking for innovative and cost-effective ways to reach that goal. Bitcoin mining already relies heavily on hydroelectricity, which is the most stable and most commonly used renewable energy source globally, but solar and wind energy are also on the rise.
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What Influences the Price of Bitcoin?
Bitcoin’s price has always been volatile. Despite this instability of the price, in the long term, the value of Bitcoin has increased significantly since its inception in 2009. What influences the price of Bitcoin? What are the factors that have a role to play whether Bitcoin prices rise or fall?
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