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Nalezeno "Energy": 1445

Senator Says YouTuber Logan Paul’s Energy Drink Is Unsafe For Kids

10.7.2023
Controversial YouTuber Logan Paul is making headlines again, as Senate Majority Leader Chuck Schumer (D-NY) has called on The Food and Drug Administration to investigate the influencer’s energy drink, Prime. Why? Well, there are concerns that it’s potentially unsafe for kids, with one...

Arthur Hayes Insists ‘Bitcoin Will Be the Currency’ of Artificial Intelligence

8.7.2023
In a freshly unveiled blog piece, Arthur Hayes, the former CEO of crypto derivatives platform Bitmex, posits that bitcoin is the prime currency for artificial intelligence (AI). Hayes maintains that moving forward, BTC will be the favored currency for AIs since they “must use a system that...

Bitcoin miners raked up $184M in fees in Q2, surpassing all of 2022

6.7.2023
It's been one of the most lucrative quarters for those that profit from Bitcoin transaction fees in nearly two years

US Presidential Candidate Ron DeSantis Supports Plan to Eliminate IRS and ‘Break the Swamp’

30.6.2023
In an interview this week, Ron DeSantis, the Republican governor of Florida and a presidential candidate, revealed his support to eliminate several federal agencies should he win the general election. Among the entities he mentioned were the U.S. departments of Education, Commerce and Energy,...

Unplugged: The Impending Threat of Widespread Blackouts in Grid-Reliant Economies

29.6.2023
Lately, the media has been captivated by the possibility of a grid collapse and the devastating economic consequences it would entail. Curiously, the internet is teeming with headlines suggesting the plausibility of such a collapse, whether caused by cyberattacks, physical assaults...

Bitcoin Mining ‘the Highest User of Sustainable Energy’ New Data Reveals

27.6.2023
Bitcoin mining is the highest user of sustainable energy and has similarly achieved the highest increase in sustainable energy mix between July 2019 and June 2023, new data has shown. The data also shows that bitcoin mining’s emission intensity has declined from more than 500 g/kWh seen in July...

Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm

26.6.2023
Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law in Libya. Libyan law enforcement officials have...

Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan

23.6.2023
Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said

Bitcoin Miner Iris Energy Turns to High-Performance Computing Amid Rising AI Demand

21.6.2023
The Nasdaq-listed Bitcoin mining firm Iris Energy has announced its expansion plans to cater to the rising demand of data centers for AI. The mining firm will expand to 9.1 EH/s (exahashes per second) and revitalize its high-performance computing (“HPC”) data center strategy, as per a press...

Dollar Reliance Shrinks — China’s LNG Deal With Qatar Challenges ‘Frenemy’ Status With US

21.6.2023
This week, China and Qatar strengthened their bond through a significant development on Tuesday. China National Petroleum Corporation (CNPC) and Qatarenergy inked a 27-year deal, outlining China’s commitment to procure liquefied natural gas (LNG) from Qatar on an annual basis. Under...

Energy Web expands to Polkadot, Fueling the global energy transition

21.6.2023
Energy Web, composed of companies utilizing decentralized open-source technologies to expedite the energy transition, is expanding its reach to Polkadot. This blockchain network is at the forefront of driving a better web, and Energy Web’s move will allow them to establish the framework...

Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI

20.6.2023
Miners are increasingly looking to fill data center space with AI and cloud computing

Bitcoin ‘Permabull’ Max Keiser: ‘El Salvador Will Be Debt Free by 2030 With Bitcoin’

20.6.2023
Max Keiser, international journalist and chairman of mining company Volcano Energy, has pondered on the importance bitcoin adoption will have for El Salvador in the future. According to Keiser, thanks to bitcoin, El Salvador will be debt free by 2030, as the bitcoin price comes close to one million...

Russia’s Ministry of Energy Pushes to Legalize Crypto Mining

20.6.2023
Russia’s Ministry of Energy is pushing for the legalization of industrial crypto mining, and wants lawmakers to press ahead with a much-anticipated mining-related bill. Per the Russian news agency Tass, the ministry made the comments at the weekend, during the St. Petersburg International Economic...

Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green

14.6.2023
Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining

New Study Highlights Bitmain’s S19 Mining Rigs Dominate Bitcoin Network’s Hashrate

14.6.2023
Coin Metrics researchers published a groundbreaking study on June 13, unveiling an innovative nonce analysis methodology for bitcoin mining. This research enables experts to dissect and identify the specific mining rigs responsible for contributing hashrate to the network, while also evaluating...

Latam Insights — Volcano Energy Bitcoin Mining Project Rises in El Salvador, Venezuelan Miners Leaving Amidst Crypto Corruption Probe

12.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Volcano Energy rises in El Salvador, Venezuelan bitcoin miners flee amidst nationwide mining ban, and Argentina deepens usage of the Chinese yuan to...