Crypto miners will observe power supply cuts to avoid a possible rise in the country's electricity consumption. Iran noticed record-high demand last year. This year, it aims to act promptly.
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A new paper appears to show that the Bitcoin network while requiring a lot of power, is more energy-efficient than the existing electronic payment system used to send money between banks.
The Bitcoin network is set to receive a big upgrade this weekend. It will introduce new smart contract features bringing it closer to Ethereum and some transactions will be simpler, reducing fees.
A paper has been published which describes a new bitcoin transaction relay protocol which could significantly reduce bandwidth usage while maintaining its performance and security as connections grow.
