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Nalezeno "Energy": 1445

The Merge is Ethereum’s chance to take over Bitcoin, researcher says

24.7.2022
Ethereum's imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin

Q2 Saw Over 59% of Bitcoin Mining on Sustainable Energy Mix - Bitcoin Mining Council

20.7.2022
The global Bitcoin (BTC) mining industry had a sustainable electricity mix of 59.5% during the second quarter of the year, or slightly up compared with the first quarter, according to the latest quarterly survey conducted by the Bitcoin Mining Council. The survey, which collected data from over...

Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv

20.7.2022
Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said....

Sustainable Bitcoin mining power mix hits 59.5%: BTC Mining Council

20.7.2022
The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise

100X Bitcoin energy use would mean 'absurd' $20M BTC price — developer

19.7.2022
For Bitcoin energy usage to increase to absorb more of the world's waste energy, its market cap would end up being $420 trillion, calculates Sjors Provoost

Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

18.7.2022
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking...

White House Reporter Says Inflation Has Become ‘Biden’s Political Nightmare’ as Critics Slam Government Spending

17.7.2022
While the latest Bureau of Labor Statistics Consumer Price Index (CPI) report indicates U.S. inflation has continued to print perpetual new highs, U.S. president Joe Biden is losing ground on his climate bill. The Biden administration’s recent budget negotiations and tactics toward dealing...

US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption

15.7.2022
U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives

Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage

15.7.2022
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston

BTC mining costs reach 10-month lows as miners use more efficient rigs

15.7.2022
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network

ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban

14.7.2022
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint...

Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners

13.7.2022
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....

Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate

8.7.2022
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official...

Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility

8.7.2022
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped...

Need a Use Case for Decentralization? Start With Energy

8.7.2022
Amid the bear market, the crypto/blockchain industry needs to demonstrate socially-useful use-cases. The dysfunctional energy system is a good place to make a mark, says CoinDesk's chief content officer

Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand Response

4.7.2022
According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered...

Uzbekistan Presents Registration Requirements for Cryptocurrency Miners

29.6.2022
Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to register with the government and use renewable energy. Uzbekistan Discusses Draft Regulations...