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How will blockchain technology help fight climate change? Experts answer
5.9.2021
Here’s what experts on emerging tech think about the role of blockchain in achieving more sustainability and lessening the climate crisis
Greenidge Generation will use BTC mining profits to build solar farm
29.7.2021
According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm
Elon Musk says Bitcoin may have already hit his benchmark on renewable energy
21.7.2021
"I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend towards increasing that number," said the Tesla CEO
New project aims to bring global crypto miners to Russia
16.7.2021
Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies
Licensed Iranian crypto miners ordered to halt production 'altogether'
6.7.2021
Even Iran's Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country's power grid
Denied electricity, world's 5th-largest mining pool leaves China for Kazakhstan
22.6.2021
Crypto mining pool BTC.com is leaving China after local authorities withdrew its power supply
Cornell Economist Says Bitcoin Has 3 Flaws Driving People to Search for Better Alternatives
20.6.2021
Cornell University professor of economics and former head of the IMF’s China division, Eswar Prasad, sees three major flaws in bitcoin. Because of these flaws, the professor says that “bitcoin really has set off something of a search for a better alternative.” Cornell...
Report: Amid pullback, Argentinian Bitcoin miners thriving
31.5.2021
Institutional miners and hobbyists alike are taking advantage of energy subsidies to cash in
Iranian crypto miners using household energy to face large fines
17.5.2021
Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages
Banking System Uses Significantly More Energy Than Bitcoin, Research Shows
17.5.2021
A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the banking and gold industries. Banking System Consumes Much More Energy Than Bitcoin Galaxy Digital published a report...
The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining
25.4.2021
To establish an interplanetary economy, humanity needs a better financial system that decentralized cryptocurrency can offer
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
90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says
29.3.2021
The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said
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.”
What Bloomberg Gets Wrong About Bitcoin’s Climate Footprint
8.2.2021
The outlet compared Bitcoin and Visa's energy use, reaching several highly misleading conclusions, our columnist says
Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos
15.1.2021
Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high “energy cost required to process...
Marty Bent on Why Bitcoin and Big Energy Are Unlikely Allies
22.9.2020
Bitcoin mining can help big energy companies produce more efficiently, increasing American energy independence in the process
Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining Tie-Up: Report
28.8.2020
Equinor will use digital flare mitigation tech from Crusoe Energy at its Bakken oilfield operations in the U.S
Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia
28.8.2020
Affected mining centers in the area may see a notable increase in electricity costs
The Last Word on Bitcoin’s Energy Consumption
19.5.2020
What people fail to consider when they criticize Bitcoin's electricity footprint, according to our columnist