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Bitcoin mining in Norway gets the green light as the proposed ban rejected

13.5.2022
The proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on May 10

Bitcoin Miner Iris Energy Reiterates Hashrate View While Revenue Misses Estimates

11.5.2022
The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago

Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners

7.5.2022
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate cryptocurrency mining to the Russian parliament. Russian Miners Using...

The Scarcity Mindset Driving Crypto's Energy Critics

5.5.2022

Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant

1.5.2022
Anatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesn’t change...

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

27.4.2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining...

Pokémon GO Mega Evolution Revamp Might Finally Make It Useful

26.4.2022
After years of bemusement, Niantic is finally overhauling Pokémon GO’s lackluster Mega Evolution systems, adding levels and bonuses to give players a reason to engage. This, they say, will make it easier to use the mightier monsters in the game, while adding more reasons to do so. It’s already...

Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital

26.4.2022
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures...

Sustainable energy usage for BTC mining grows nearly 60% in a year

26.4.2022
The latest Bitcoin Mining Council report showed that the mining industry is rapidly adopting sustainable energy sources to secure the largest crypto blockchain

Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million

22.4.2022
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture...

Polygon's Supernet, Stripe's Crypto Move, Ulbricht's Bitcoin Deal, Macron on Crypto Regulation + More News

22.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Polygon's Supernet, Stripe's Crypto Move, Ulbricht's Bitcoin Deal, Macron on Crypto Regulation + More News

This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy

22.4.2022
Earth Day 2022 is a good day to highlight how crypto mining operations have begun to naturally gravitate towards cheaper and cleaner energy sources

US lawmakers sound alarm to EPA over environment concerns of crypto mining

21.4.2022
In addition to air and water pollution as a result of energy production, the lawmakers pointed to electronic waste from mining rigs, and noise pollution in surrounding communities

US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential

21.4.2022
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based...

Flared-Gas Bitcoin Miner Crusoe Energy Raises $350M Series C

21.4.2022
The company is also bringing on additional credit facilities of up to $155 million

Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says

20.4.2022
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally and cryptoization is one of the effects, the...