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Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits
22.8.2022
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”
Renewable Energy Company Closes $4.3M Capital Round to Convert Landfill Methane Into Bitcoin
9.8.2022
Vespene Energy’s first funding round was led by Polychain Capital
Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
29.7.2022
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy
29.7.2022
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...
Bitcoin mining to harness onsite natural gas emissions: Ark Invest
26.7.2022
A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions
How blockchain can address Austria’s energy crisis
25.7.2022
In the future, energy communities should make a greater contribution to the energy transition
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...
New York State Assembly Passes Bill Blocking New Cryto Mines That Use Non-Renewable Power
27.4.2022
The bill will impose a two-year moratorium on new crypto mining firms that use a carbon-based energy source. Existing facilities aren't affected by the bill, nor are any that tap renewable resources
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
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...
Bitcoin mining could be good for US energy independence: Research
22.3.2022
Texas representative Pete Sessions made a simple yet powerful statement that the proliferation of the Bitcoin mining industry could promote energy independence in the country
The blockchain projects making renewable energy a reality
18.3.2022
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
20.1.2022
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says....
Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity
30.12.2021
Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint...
Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining
19.11.2021
The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more...
Largest cryptocurrency exchange in Latin America to develop renewable energy tokens
9.11.2021
Mercado Bitcoin and Comerc plan to launch two separate tokens incentivizing renewable energy use
Ripple and Nelnet launches $44M fund for carbon-negative crypto industry
12.10.2021
Ripple has contributed the majority of a $44 million fund to support solar energy projects across the United States
14- and 9-Year-Old Brother and Sister Duo Rake in $30K a Month Mining Crypto With Renewable Energy
28.9.2021
The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that they rake in more than $30K per month mining digital assets. Kid Duo Captures $30K a Month Mining Digital...
US Utility Mines Bitcoin To Balance Electricity Supply
24.9.2021
y demand and supply as more renewable energy continues to come online.An increased use of BTC mining by utilities for grid balancing could help mend Bitcoin’s reputation as a fossil fuel-hungry asset that boosts the world’s carbon footprint, a factor that triggered