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Bitcoin miners seek alternative energy sources to cut costs
18.9.2023
The next generation of crypto mining will focus on alternative energy sources for efficiency
Ethereum Merge anniversary — 99% energy drop but centralization fears linger
15.9.2023
Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap
Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst
8.9.2023
Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000
KPMG Study Highlights Bitcoin Mining’s Potential to Shrink Carbon Footprints
3.8.2023
In a fresh analysis focusing on Bitcoin and its alignment with environmental, social, and governance (ESG) principles, the ‘Big Four’ accounting titan KPMG delves into the digital currency’s promising contributions to this movement. The professional services entity highlights...
The Agenda podcast chats with Energy Web on how to fight climate change with help of blockchain
28.7.2023
Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier and why they are building on Polkadot
Auradine Unveils Teraflux, New Line of US-Crafted Bitcoin Mining Rigs Providing Up to 270 TH/s
27.7.2023
According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs known as the Teraflux series. Auradine’s...
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...
Bitcoin is a threat to the energy-use status quo – and that’s a good thing
16.5.2023
Banning or taxing crypto mining out of existence isn’t going to solve this country’s issues around power consumption and grid stability – but supporting Bitcoin just might
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
10.5.2023
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest....
Ethereum's Lifetime Energy Use Before the Merge Equaled Switzerland's for a Year
26.4.2023
If Bitcoin’s energy consumption can be thought of as a skyscraper, Ethereum’s energy use post-Merge, would be the size of a raspberry, according to University of Cambridge research
Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining
18.4.2023
While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant...
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
11.4.2023
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current...
'Don't Mess with Texas Innovation' — advocates criticize bill removing crypto mining incentives
10.4.2023
Lawmakers in a Texas Senate committee moved forward on Senate Bill 1751 on April 4, paving the way for a floor vote for the legislation some have labeled as against crypto miners
Rendering Videos – a Fast, Reliable and Low Cost Service From GAIMIN
7.4.2023
GAIMIN has launched video rendering into the services provided by gaimin.cloud, GAIMIN’s decentralised, distributed data processing network. GAIMIN’s video rendering service is a lower cost service providing a faster turnaround time whilst spreading the data processing energy consumption footprint...
How Irish farmers turn cow dung into digital gold (Bitcoin)
28.3.2023
Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin
Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations
6.3.2023
Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United States at the company’s Nautilus Facility in Pennsylvania. According to the company, approximately 1 exahash per second (EH/s) or close to 8,000...
Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia
27.2.2023
The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin...
Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year
25.2.2023
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year...
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace
23.2.2023
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto...
Bitcoin mining advocate is going state-to-state to educate US lawmakers
31.1.2023
The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund