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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...
BTC energy use jumps 41% in 12 months, increasing regulatory risks
19.10.2022
Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining
Europe moves toward regulatory action on crypto’s environmental impact, energy use
18.10.2022
After rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years
A Hack to Make Solar Energy More Available
14.10.2022
Rich Dad Poor Dad Author Robert Kiyosaki Warns About World War III
14.10.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned about World War Three. “Are you ready for World War III?” he asked, adding that “History shows wars are about energy: oil and coal.” Robert Kiyosaki on World War III and the Energy...
US Lawmakers Send Inquiry to ERCOT CEO Over Texas Crypto Mining and Its Effects on the So-Called Climate Crisis
13.10.2022
A number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations in the state. The letter that stems from senator Elizabeth Warren’s office says that the lawmakers...
Gas-to-Bitcoin Firm Crusoe Energy Acquires the Operating Assets of Great American Mining
13.10.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy announced on Wednesday that it acquired the operating assets of Great American Mining (GAM). The acquisition gives Crusoe over 10 megawatts (MW) of mining capacity and 4,000 ASIC mining rigs. Digital Flare Mitigation Firm Crusoe...
Senator Warren leads the charge against energy consumption claims on Texas crypto miners
12.10.2022
According to a letter penned by seven U.S. lawmakers, ERCOT was "intimately connected" with the growth of crypto mining in Texas
Senator Warren Leads Congressional Group's Probe Into Bitcoin Mining Energy Use in Texas
12.10.2022
Seven Democrats are asking Texas grid operator how bitcoin mining is impacting the state
Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM
12.10.2022
Acquisition opportunities are arising amid a crypto bear market that is squeezing miners
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help Decentralize Mining
11.10.2022
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower...
Blockchain Consensus Mechanisms and Their Role in Sustainable Blockchain Development
9.10.2022
Gwendolyn Regina is Investment Director at BNB Chain, the blockchain developed by major crypto exchange Binance.__________
Blockchain sustainability has become essential. As the technology scales, new blockchains must be green.
You might have heard the saying, “Bitcoin uses more electricity than...
Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners
8.10.2022
The Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive power in Oslo says conditions have changed and the country needs the energy currently used by miners. Mining Firms...
Solar ‘Bazooka’ Bitcoin mine warms warehouse amid Europe’s energy crisis
6.10.2022
A warehouse in the Netherlands swapped out natural gas for Bitcoin miner heating — saving money, efficiency and the planet
First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
6.10.2022
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore. Bitcoin trades sideways
Federal Energy Agencies’ Unwillingness to Act on White House’s Crypto Mining Recommendations Miffs US Lawmaker
5.10.2022
Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House’s call on them to do “reliability assessments of current and projected...
Argentina's State-Owned Energy Company Moves Into Crypto Mining
3.10.2022
YPF is currently supplying power for a 1 megawatt operation and plans to launch a second project eight times larger before the end of the year
S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy
2.10.2022
Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s analysts believe...