Search
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...
John Lennon’s Son Defends Bitcoin- Musician Highlights Carbon Footprint Tied to Consumerism
16.5.2021
Over the course of the last week, the concern tied to the environmental impact bitcoin mining produces continues to be a very topical discussion. On May 14, the musician and activist, Sean Ono Lennon, the son of John Lennon and Yoko Ono, said that he’s more concerned with consumerism than...
Square CEO Says ‘Bitcoin Changes Everything for the Better’
16.5.2021
The CEO of Square Inc. says that “bitcoin changes everything for the better.” His comment followed one from Square’s CFO reaffirming the company’s corporate bitcoin strategy. The CEO also made a commitment to “forever work to make bitcoin better.” Meanwhile...
Crypto mining will be a bridge to 100% renewable energy production, says Mike Colyer
13.4.2021
"At some point Bitcoin mining will look like a utility, and it’s going to be a part of critical infrastructure for countries," said the Foundry Digital CEO
DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool
27.3.2021
The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining pool that’s focused on leveraging clean energy resources. DMG Blockchain Solutions (TSX-V: DMGI)...
How to Fix Crypto Art NFTs' Carbon Pollution Problem
10.3.2021
The “crypto-” carbon crisis is evolving. And after years of low-key use, art and collectibles tied to what are known as non-fungible tokens (NFTs) have exploded into the global discourse as the Next Big Thing. Embedded with it, though, is an existential tension.Read more
Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
10.2.2021
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.”
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
10.1.2021
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas...
South African Solar Energy Blockchain Startup Raises $3 Million, Plans to Expand Across Continent
9.6.2020
The blockchain peer-to-peer renewable energy platform has now closed its $4 million Series-A funding round
Thailand Turns to Blockchain to Boost Renewable Energy Push
26.5.2020
A Thailand public-private joint venture has inked a deal with blockchain startup Power Ledger to encourage renewables trading and uptake
US County Extends Rule Making Bitcoin Mining Firms Invest in Renewable Energy
27.3.2020
The newly extended rule that crypto mining farms must offset energy consumption with renewables might also be made permanent
Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance
11.1.2020
During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even...
Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
12.12.2019
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s)...
How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste
22.7.2019
We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining...
New Report By CoinShares Indicates That Over 74% Of BTC Mining Is Powered By Renewable Energy
9.6.2019
CoinShares, a crypto investment, and research firm has published its bi-annual mining report last week, and it has some good news for the crypto community at large. As per the report, 74.1% of Bitcoin mining is powered by renewable energy. This might sound great, but in reality, the number went...
74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report
7.6.2019
There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares...
Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid
31.5.2019
The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy. On May 29, Christian Ander, the founder of Stockholm’s Btcx exchange, explained how instead...