News about ELECTRICITY

News about Electricity

some people really argue with the craziest stuff… yea no shit bitcoin doesn’t work without electricity but neither does everything else in this society…

submitted by /u/KorkoBit [link] [comments]

FORBES: The digital asset mining energy tax (Dame), first proposed a year ago, would impose a 30% excise tax on bitcoin and crypto miners electricity costs, likely forcing them to flee the country as they did from China when it cracked down on miners in 2

submitted by /u/heybeluga [link] [comments]

Coffee making VS. Bitcoin Electricity consumption ( bitcoin uses 1/4 of the usage of making coffee globally?? )

If you don't mind bearing with me on this thought experiment, I just had the idea of trying to figure out how much electricity coffee-making uses Globally compared to the Bitcoin Network (Also Globally).. funny right ? lets try ? I just looked up...

Bloomberg: Chinese Bitcoin Mining Companies Flocking to Ethiopia for Cheap Electricity - Yahoo Finance

Bloomberg: Chinese Bitcoin Mining Companies Flocking to Ethiopia for Cheap Electricity& & Yahoo Finance

Cheap Electricity is Luring Chinese Bitcoin Miners to Ethiopia - Bloomberg

Cheap Electricity is Luring Chinese Bitcoin Miners to Ethiopia& & Bloomberg

Crypto Migration: Chinese Miners Flock To Ethiopia For Cool Climate, Cheap Electricity And Hot Profits

In a strategic dance between global powers and the allure of untapped resources, Chinese Bitcoin miners are orchestrating a mass migration to Ethiopia. Drawn by the siren call of the nation’s staggeringly low electricity costs and a surprising...

Bitcoin Miners Are Sucking Up More than 2 Percent of Nation's Electricity – Mother Jones - Mother Jones

Bitcoin Miners Are Sucking Up More than 2 Percent of Nation's Electricity – Mother Jones& & Mother Jones

Bitcoin Miners Are Sucking Up More than 2 Percent of the Nation's Electricity – Mother Jones - Mother Jones

Bitcoin Miners Are Sucking Up More than 2 Percent of the Nation's Electricity – Mother Jones& & Mother Jones

U.S. Energy Information Administration says crypto miners worldwide used as much electricity as all of Australia in 2023

submitted by /u/MasterpieceLoud4931 [link] [comments]

British Columbia Court Upholds Government's Temporary Ban on Cryptocurrency Mining Electricity Supply

British Columbia's Supreme Court upheld a temporary suspension of electricity supply to new cryptocurrency mining operations, emphasizing the government's role in balancing energy demands with sustainability goals. (Read More)

Crypto Miners Used As Much Electricity As All of Australia Last Year - Markets Insider

Crypto Miners Used As Much Electricity As All of Australia Last Year& & Markets Insider

Over 2 percent of the US’s electricity generation now goes to bitcoin. US govt tracking the energy implications of booming bitcoin mining in US.

submitted by /u/fap_fap_fap_fapper [link] [comments]

Over 2 percent of the US's electricity generation now goes to bitcoin - Ars Technica

Over 2 percent of the US's electricity generation now goes to bitcoin& & Ars Technica

Much Ado About Nothing: Bitcoin Mining Eats Up Only 2% Of US Electricity, Study Finds

A recent report released by the US Energy Information Administration (EIA) has brought to light the substantial electricity consumption associated with Bitcoin mining operations within the country. The data reveals that these operations are consuming...

Biden Admin Launches “Emergency” Survey Of Bitcoin Miners’ Electricity Usage - CryptoPotato

Biden Admin Launches “Emergency” Survey Of Bitcoin Miners’ Electricity Usage& & CryptoPotato

Bitcoin Miners in US Consume Up to 2.3% of Nation’s Electricity, EIA Report Says - Bloomberg

Bitcoin Miners in US Consume Up to 2.3% of Nation's Electricity, EIA Report Says& & Bloomberg

Bitcoin Miners in US Consume Up to 2.3% of Nation's Electricity - Bloomberg

Bitcoin Miners in US Consume Up to 2.3% of Nation's Electricity& & Bloomberg

The US Wants to Know How Much Electricity Crypto Miners Use - CNET

The US Wants to Know How Much Electricity Crypto Miners Use& & CNET

The African village mining Bitcoin to fund electricity

submitted by /u/KAX1107 [link] [comments]

Should I start mining if I get free electricity?

I live in a dorm room where there is no electrical bill so it doesn’t matter if I were to use lots of energy. Also I would only use a single gaming pc to mine that I already have. So would mining btc with a single computer be profitable for me at all...

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