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Renewed Interest from Ultra High Net-Worth Individuals Injects Fresh Energy into Crypto VC Space: Struck Capital Founder
15.3.2024
The crypto VC space is seeing renewed interest from high net-worth individuals and family offices after a year of relative quiet, according to Struck Capital founding partner Adam Struck.
The post Renewed Interest from Ultra High Net-Worth Individuals Injects Fresh Energy into Crypto VC Space:...
Riot Platforms & Reformed Energy seek to redefine Bitcoin mining energy
14.3.2024
Riot Platforms has partnered with Reformed Energy in an innovative effort to establish a new standard for sustainable energy solutions utilized in the Bitcoin mining industry. The eventual goal of this strategic alliance is to capitalize on Reformed Energy’s unique plasma gasification...
Hedge Fund Manager Bill Ackman Says “Maybe I Should Buy Some Bitcoin”
11.3.2024
Billionaire hedge fund manager Bill Ackman takes to social media platform X, teasing, “Maybe I Should Buy Some Bitcoin” – after contemplating energy prices might skyrocket.
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Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs
7.3.2024
Hut 8, a Bitcoin mining company, has announced the closure of its mining site in Drumheller, Alberta, Canada, citing power disruptions and rising energy costs as significant factors.
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Bitcoin Miners Show Muscle Pushing Back Against Warrantless 'Emergency' Order
5.3.2024
In another example of crypto using the courts to fight back against unwarranted regulatory interference, blockchain advocates stopped a U.S. statistics agency from issuing an “emergency” request for mining energy metrics
EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study
4.3.2024
The US Energy Information Administration (EIA) has agreed to discard any data it already collected in response to its emergency Bitcoin mining survey, court documents filed Friday showed.
The post EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study appeared first on Cryptonews
U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal
1.3.2024
The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms
Infrastructure Providers Warn of ASIC Scarcity for Bitcoin Miners
29.2.2024
Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April. During the halving, the Bitcoin mining reward will be cut from 6.25 BTC to 3.125 BTC. Additionally, the Bitcoin network’s hash rate recently reached an all-time high...
Texas Miners’ Lawsuit Spurs EIA to Temporarily Halt Bitcoin Miner Survey
26.2.2024
A US judge has temporarily halted the Energy Information Administration's (EIA) attempt to enforce a mandatory survey on Bitcoin miners.
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Legal Action Forces US Energy Department to Suspend Crypto Mining Investigation
24.2.2024
Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the department’s statistical branch, the Energy Information Administration (EIA), has put a temporary hold on its bitcoin mining survey and quarantined the data...
Satoshi Anticipated Bitcoin Energy Debate in Email Thread With Early Collaborators
23.2.2024
Satoshi saw an irony in the debate between economic conservation and conservation in an email thread with an early collaborator Martii 'Sirius' Malmi
Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes OMB’s Abuse of Power
23.2.2024
United States lawmaker Tom Emmer has criticized the Office of Management and Budget’s (OMB) decision to approve the Energy Information Administration (EIA) request to collect data on Bitcoin (BTC) mining firms.
The post Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes...
Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over 'Emergency' Survey
23.2.2024
The Texas Blockchain Council (TBC) and Riot Platforms, one of the largest crypto miners in the state, sued the U.S. Department of Energy for trying to collect information from many of its members, including Riot
Texas Blockchain Council, Riot Platforms Sue EIA Over Sensitive Bitcoin Mining Data Order
23.2.2024
The Texas Blockchain Council and crypto miner Riot Platforms sued the US Energy Information Administration on Wednesday, accusing the agency of making unlawful data collection demands from the Bitcoin mining sector.
The post Texas Blockchain Council, Riot Platforms Sue EIA Over Sensitive Bitcoin...
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
Is the DOE Crypto Mining Data Request an Opportunity for Energy Innovation or for Political Opportunists?
21.2.2024
US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners
17.2.2024
The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners requiring data related to energy consumption and configuration of their mining sites. According to one of the letters posted on social media, miners have...
New Crypto Mining Sensation BlockDAG Coin Expected to Surge 100x to $0.05, Beats Bitcoin and Litecoin Returns
14.2.2024
Crypto mining has quickly gone from an obscure industry to an industry so big that Bitcoin (BTC) mining alone consumes over 0.6% of the United States’s electricity, not to mention other minable coins such as Litecoin (LTC). Similarly to investing in energy stocks, mining crypto pits the allure...
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia
12.2.2024
Ethiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity...
Blockchain Industry Groups Call EIA’s Moves on Bitcoin Mining as ‘politically Motivated’
9.2.2024
Two blockchain industry groups have called the US Energy Department’s mandatory data collection from crypto mining operators as “politically motivated campaign.” Texas Blockchain Council president Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring presented an industry statement...