Search
Iran to stiffen penalties for illegal use of subsidized energy in crypto mining
18.4.2022
The fines will reportedly triple compared to current rates, while repeated violations will lead to jail time
Decentralizing the grid: Operators test blockchain solutions
14.4.2022
As today’s energy market becomes decentralized, energy grid operators may need to take a Web3 approach to asset management and security
After Mozilla Abandoned PoW Cryptos Citing Energy Concerns, Wikipedia May Follow
14.4.2022
Energy consumption of Proof-of-Work (PoW) cryptoassets has once again become a hot topic as companies start ditching cryptos that use this energy-intensive mechanism for validating transactions and creating new tokens.
Last week, Mozilla, the company behind the Firefox browser, shared an update...
North Dakota hopes to double the $3B of clean crypto mining in the state
14.4.2022
North Dakota officials are luring in crypto mining companies to set up in the state. With $3B already invested, and with $3B said to be on the way, they're doing well so far
Wikimedia community supports proposal to stop foundation from accepting crypto donations
13.4.2022
The arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies."
Tether's Reserves, MoonPay Scores 60 Celebrities, Meta's Cut + More News
13.4.2022
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: Tether's Reserves, MoonPay Scores 60 Celebrities, Meta's Cut + More News
Seven times Bitcoin miners made the world a better place
9.4.2022
BTC mining and the miners, themselves, seem to be doing more than just securing the Bitcoin network
GAIMIN Delivers a Decentralized Approach to the Increasing Requirement for More Data Processing Power
9.4.2022
With the current concerns around global energy usage, combined with increasing requirements for data processing services, many countries previously supportive of centralized data processing businesses are investigating the impact of these businesses and how they mitigate a requirement...
Get ‘Mentally Ready’ for Lower Bitcoin Prices as Rates Rise, Bitcoin 2022 Panelists Warn
8.4.2022
The macroeconomic landscape for bitcoin (BTC) could become more difficult to navigate as the US Federal Reserve continues to raise interest rates. However, bitcoin is the only way to transition to a new monetary standard, panelists at a discussion on the current macro backdrop at Bitcoin 2022...
UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services to Russia + More News
8.4.2022
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: UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services...
Abkhazia Extends Crypto Mining Ban Till End of Year
6.4.2022
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited...
Twitter debates the role of renewable energy in Bitcoin mining
5.4.2022
Crypto Twitter discusses whether Bitcoin mining with clean energy provides a good solution for excess or unused energy
European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’
3.4.2022
While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member state economies, and ​​European Central Bank president Christine Lagarde expects energy...
Cleanspark Reveals Texas Expansion — Bitcoin Miner Plans to Add 500 MW of Mining Power
31.3.2022
Bitcoin miner Cleanspark has revealed the company is expanding operations in Texas with up to 500 megawatts (MW) of renewable power. The firm has inked a deal with the Houston-based Lancium to initially secure 200 MW of Lancium’s renewable power and has the option to obtain 300 MW more going...
Bengal Energy to mine Bitcoin using ‘stranded wells’ in Aussie outback
31.3.2022
Canadian oil and gas miner Bengal Energy, is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
30.3.2022
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From...
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
30.3.2022
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business...
‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming
28.3.2022
According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere...
Bitcoin Miner Iris Energy Gets $71M Equipment Financing from NYDIG
28.3.2022
The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second
White House Wants Public Comments on Crypto’s Energy Use and Environmental Impact
25.3.2022
The White House’s science and technology team is seeking public commentary on the energy use and climate impacts of crypto