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Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
17.5.2024
A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led to power shortages in Laos, challenging its goals as a hydropower exporter in Southeast Asia. Reuters: Increased Crypto Mining Strains Laos’ Hydropower Grid...
Why Finland Could be Europe’s Next Crypto Mining Giant
22.2.2024
Finland is emerging fast as an attractive place for crypto mining due to its relatively cool climate, which helps with cooling mining rigs, and its abundant renewable energy sources.
The post Why Finland Could be Europe’s Next Crypto Mining Giant appeared first on Cryptonews
Bitcoin Mining Sets the Bar for Sustainability: Over 50% Powered by Clean Energy Sources
27.9.2023
New data released today by Daniel Batten, the co-founder of CH4Capital, revealed that Bitcoin mining is now leading as the most sustainably-powered global industry, with over half of its energy consumption coming from renewable sources. ...
Read More: Bitcoin Mining Sets the Bar for Sustainability:...
Bitcoin miners seek alternative energy sources to cut costs
18.9.2023
The next generation of crypto mining will focus on alternative energy sources for efficiency
Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy
14.8.2023
A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides incentives for increased renewable energy production....
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
27.9.2022
Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature
3.6.2022
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York...
El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City
11.1.2022
The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, which will be financed with the earnings of the so-called “volcano bonds.” Bukele...
While Chinese Bitcoin Miners Escaped Crackdowns, Sichuan’s Hydropower Plants Were Not So Lucky
2.8.2021
Regional reports from China indicate that government officials have been reviewing over 5,100 small-sized hydropower plants in order to get them to adapt to China’s cleanup and rectification process concerning future energy sources. China has pledged to be carbon neutral and ultimately have...
74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report
7.6.2019
There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares...