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China’s Inner Mongolia to shut down crypto mining farms by April 2021
1.3.2021
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals
Bitcoin mining likely didn't contribute to Texas' power outages, says expert
23.2.2021
Kristy-Leigh Minehan said the state doesn't currently have enough mining infrastructure to cause significant problems for the power supply
Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
10.2.2021
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.”
Surge in Bitcoin energy consumption sparks debate in crypto community
5.2.2021
Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index
Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining
24.1.2021
Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of energy?
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
20.1.2021
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency. Just recently the software engineer Stephen...
Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos
15.1.2021
Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high “energy cost required to process...
China’s Coal Standoff Causes Power Shortages, Chinese Bitcoin Miners ‘Heavily Affected’
28.12.2020
Regional reports from China detail that bitcoin miners located in certain areas in South China are running short on electricity. The country has been having massive issues with coal prices soaring across the mainland, as the Chinese government hasn’t been allowing coal carriers into ports....
Steve Wozniak-backed token WOZX skyrockets ahead of second listing
9.12.2020
“The Woz” makes a big impression in the crypto space as his newly-launched token WOZX records 26X gains after only five days of trading
Crypto mining is now drawing in the world’s top renewables producers
5.11.2020
At what point will greening crypto energy consumption be enough?
Shenzhen Giving Away Millions in Digital Yuan in Lottery to Boost Consumption, Test Tech: Report
10.10.2020
The promotion is part of China's efforts to try out out and stimulate usage of its new digital currency
Port of Rotterdam testing blockchain and AI for renewables trading
6.10.2020
The Port of Rotterdam's Innovation Dock has been testing a high frequency decentralized energy market for renewables since August 2020
Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool
24.9.2020
Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other...
Thinking About Power Usage and Websites
22.9.2020
Gerry McGovern asked if I had any insight into energy consumption and websites. He has a book, after all, about the digital costs on the planet. He was wondering about the specifics of web tech, like…
If you do this in HTML it will consume 3× energy but if you do it in JavaScript it will...
Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
2.9.2020
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto...
The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power
25.8.2020
The SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption powering industrial bitcoin mining today consumes as much as seven nuclear...
Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
18.7.2020
According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas. The United Socialist...
The Last Word on Bitcoin’s Energy Consumption
19.5.2020
What people fail to consider when they criticize Bitcoin's electricity footprint, according to our columnist
Analyst Claims 98% of Mining Rigs Fail to Verify Transactions
1.3.2020
Digiconomist’s founder has claimed the power expended in a single BTC transaction could power a British household for two months
3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
12.2.2020
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable...