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Mining hardware is improving at a fast rate, quickly resulting in older generations of hardware. [266] Bitcoin is the least energy-efficient cryptocurrency, using 707.6 kilowatt-hours of electricity per transaction. [267] Before June 2021, China was the primary location for bitcoin mining.
PowerVR is a division of Imagination Technologies (formerly VideoLogic) that develops hardware and software for 2D and 3D rendering, and for video encoding, decoding, associated image processing and DirectX, OpenGL ES, OpenVG, and OpenCL acceleration.
Bitmain's first product was the Antminer S1 which is an ASIC bitcoin miner making 180 gigahashes per second (GH/s) while using 80–200 watts of power. [8] Bitmain as of 2018 had 11 mining farms operating in China. [7] Bitmain was involved in the 2018 Bitcoin Cash split, siding with Bitcoin Cash ABC alongside Roger Ver. [9]
Since 2020, Iran has required local bitcoin miners to sell bitcoin to the Central Bank of Iran, allowing the central bank to use it for imports. [129] Some constituent states also accept tax payments in bitcoin, including Colorado [130] and Zug (Switzerland). [131] As of 2023, the US government owned more than $5 billion worth of seized bitcoin.
The PlayStation VR (PS VR) is a virtual reality headset developed by Sony Interactive Entertainment, [5] which was released in October 2016. [1] The headset works with the company's PlayStation 4 video game console and is forwards compatible with PlayStation 5 .
In October 2021, Valve Corporation banned blockchain games, including those using cryptocurrency and NFTs, from being hosted on its Steam digital storefront service, which is widely used for personal computer gaming. The company said this was an extension of their policy banning games that offer in-game items with real-world value.
In September, Coinbase, along with Circle and bitcoin miner company Bitmain, was part of a consortium called Centre that launched a digital coin called USD Coin, pegged to the U.S. dollar. [53] [54] In January 2019, Coinbase stopped all trading on Ethereum Classic due to a suspicion of an attack on the network. [55]