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Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions
27.9.2022
According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per annum. Moreover, CCAF’s report details that...
'There's a lot less land to go around' — why White Rock established off-the-grid mining in Texas
17.8.2022
“The U.S. is where the action is in terms of markets, so we plan to be in at least another couple of states as well as Texas with some diversified offering," said CEO Andy Long
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
5.8.2022
The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator
Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says
18.7.2022
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking...
BTC mining costs reach 10-month lows as miners use more efficient rigs
15.7.2022
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network
Here’s how blockchains are helping to advance the global energy grid
10.6.2022
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector
Bitcoin Miners Get Creative as Mining Difficulty Set for New All-Time High
16.2.2022
Bitcoin (BTC) miners are increasingly turning to creative methods to become more efficient, while at the same time attempting to improve the image of the electricity-guzzling industry. The new initiatives come as the difficulty of mining new BTC is already at it its highest level ever, and...
Russian region struggles to keep up with Bitcoin mining energy demands
2.2.2022
A local energy distributor is working to recover about $800,000 from illicit cryptocurrency miners in Irkutsk Oblast
Report: Bitcoin mining network accounts for 0.08% of world's CO2 production
31.1.2022
In addition to environmental metrics, the U.S. now accounts for 49% of the world's Bitcoin cash rate
Bitcoin Mining CO2 Footprint Is Below 0.08% Of Global Total - CoinShares
28.1.2022
The Bitcoin (BTC) mining network contributed less than 0.08% to the world’s total carbon dioxide (CO2) emissions, according to digital asset investing firm CoinShares. Data obtained by the company suggests that BTC mining is responsible for a marginal share of the global CO2 emissions,...
Bitcoin Mining Energy Use ‘Inconsequential,’ ‘Rapidly Becoming More Efficient’ - Saylor
19.1.2022
The total use of energy for Bitcoin (BTC) mining is “inconsequential,” and it is “rapidly becoming more efficient,” MicroStrategy CEO Michael Saylor said, as the mining industry is preparing for a hearing in the US House of Representatives this week.
Saylor was speaking during a quarterly...
Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining
18.1.2022
Crypto allies dominate the list of witnesses slated to appear before the House Committee on Energy and Commerce
Enterprise blockchain to play a pivotal role in creating a sustainable future
11.12.2021
Companies are turning to enterprise blockchain-based solutions to meet environmental sustainability goals as well as business demands
Influx of crypto miners to Kazakhstan reportedly strains energy supply
10.11.2021
According to the country's vice minister of energy, addressing the potential strain on Kazakhstan’s power grid from crypto miners “cannot be delayed any longer."
Bitcoin's power consumption this year has already surpassed all of 2020's
15.9.2021
Bitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study
How will blockchain technology help fight climate change? Experts answer
5.9.2021
Here’s what experts on emerging tech think about the role of blockchain in achieving more sustainability and lessening the climate crisis
Greenidge Generation will use BTC mining profits to build solar farm
29.7.2021
According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm
New project aims to bring global crypto miners to Russia
16.7.2021
Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies
Licensed Iranian crypto miners ordered to halt production 'altogether'
6.7.2021
Even Iran's Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country's power grid
Report: Amid pullback, Argentinian Bitcoin miners thriving
31.5.2021
Institutional miners and hobbyists alike are taking advantage of energy subsidies to cash in