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Nalezeno "s energy": 1198

Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry

3.11.2022
It asked the Canada's energy regulator to suspend the allocation of 270 megawatts already planned for mining in Quebec

Bitcoin Miner Iris Energy Defended at Compass Point After Equipment Financing Woes

3.11.2022
Iris Energy said this week that some of its mining equipment aren't producing enough cash to meet its financing obligations

Bitcoin Miner Iris Energy Says Some Machines Aren't Covering Financing Costs

2.11.2022
The machines are owned owned by special purpose vehicles that aren't guaranteed by the parent company

Record hash rates may see Big Oil become a major BTC mining player

2.11.2022
Big Oil’s influence over the Bitcoin network is growing stronger due to surging hash rates and distressed mining companies

BTC miner CleanSpark scoops up thousands of miners amid 'distressed markets'

2.11.2022
CleanSpark bought over 3,800 mining machines at $15.50 per terahash – far below the current market price of $22.94 and an 85.4% discount from the all-time high costs of $106.62 in Dec. 2021

The Merge brings down Ethereum’s network power consumption by over 99.9%

29.10.2022
Before the Merge upgrade, in 2022, the energy consumption of Ethereum ranged between 46.31 terawatt hour (TWh) per year to 93.98 TWh per year

Musk fires Twitter execs, research stirs blockchain energy debate and CFTC brass shares crypto concerns: Hodler’s Digest, Oct. 23-29

28.10.2022

Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine

28.10.2022
The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities...

Aspen Creek Digital and Compass Mining to Host Thousands of Bitcoin Mining Rigs at Texas Solar Farm

26.10.2022
On October 26, the bitcoin mining operator Aspen Creek Digital Corporation (ACDC) announced that the company has commenced operations at its solar farm-powered high performance computing center (HPCC) in Texas. ACDC further detailed that the company inked a deal with the firm Compass Mining...

Report: Vast majority of blockchain energy studies 'lack scientific rigor'

26.10.2022
According to researchers, 74% of blockchain energy studies 'do not build upon existing theories.'

Bitcoin miners rethink business strategies to survive long-term

26.10.2022
A look at why some Bitcoin miners continue to thrive in the bear market while others need to rethink their strategies in order to continue operations

Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars

25.10.2022
Soaring hash rate, high electricity costs and BTC price hovering under $20,000 for months is complicating matters for Bitcoin miners

What does the global energy crisis mean for crypto markets?

25.10.2022
While miners stand to be significantly affected by the current power crisis, there is still some hope that the prevailing macro conditions could work in favor of the crypto industry

Bitcoin Now Less Volatile Than Nasdaq and S&P 500 — Stock Markets More Reactive to Inflation, Strong Dollar, Rate Hikes, Energy Crisis

23.10.2022
Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. Compared to equity markets, cryptocurrency markets have become less reactive to volatile macro events, including high inflation, an appreciating dollar, rising interest...

Celsius Network defaults on payments to Core Scientific, causing financial unrest

21.10.2022
Core Scientific claims to be losing approximately $53,000 per day to cover the increased electricity tariffs that Celsius refuses to pay

Low hash price, soaring energy costs spell tough Q3 for Bitcoin miners

21.10.2022
The third quarter of 2022 has not been any kinder to Bitcoin mining operators in North America and Europe

EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy

19.10.2022
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying to lower. New energy efficiency labeling is to address the growing electricity usage in the crypto...