More / Bitcoin Reddit - 2 years ago
TL;DR - The ASIC mining landscape is evolving. Future scheduled halvings may reduce the future overall necessary hashpower to maintain integrity for the bitcoin blockchain. The present hashpower we see might be considered a "peak". There is a possibi...
Cryptocoins News / Blockchain - 2 years ago
The Intergovernmental Panel on Climate Change (IPCC), an arm of the United Nations responsible for assessing the science related to climate change, released a new report Monday highlighting warnings about future climate risks.
The IPCC’s latest re...
Cryptocoins News / The Cointelegraph - 2 years ago
It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives to build out r...
by COINS NEWS - 2 years ago
Enough with the talk that Bitcoin needs to change from proof of work (PoW) to proof of stake (PoS) to be environmentally friendly. Forgetting about the issue of PoS for a moment, it’s not the Bitcoin code that needs to change, it’s the energy sources...
Bitcoin News / Bitcoin.com - 2 years ago
While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member state economies, and ​​European...
by COINS NEWS - 2 years ago
It costs 3.5 times as much to mine gold as it does to mine Bitcoin. That is the narrative for today. https://preview.redd.it/r6x1j455kqq81.png?width=640&format=png&auto=webp&s=422d1642d30edd55198ac95aa213764811503a41 Gold must clear...
Cryptocoins News / The Cointelegraph - 2 years ago
Canadian oil and gas company Bengal Energy, is dipping its toes into Bitcoin (BTC) mining as a way of utilizing the untapped energy from its gas wells in the far reaches of the Australian outback. According to a report from The Australian, Bengal Ene...
Cryptocoins News / The Cointelegraph - 2 years ago
Canadian oil and gas company Bengal Energy is dipping its toes into Bitcoin (BTC) mining as a way of utilizing the untapped energy from its gas wells in the far reaches of the Australian outback. According to a report from The Australian, Bengal Ener...
Cryptocoins News / The Cointelegraph - 2 years ago
Canadian oil and gas company Bengal Energy, is dipping its toes into Bitcoin (BTC) mining as a way of utilizing the untapped energy from its gas wells in the far reaches of the Australian outback. According to a report from The Australian, Bengal Ene...
Bitcoin News / Bitcoin.com - 2 years ago
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quot...
More / Bitcoin Reddit - 2 years ago
Here is what you do:You seek out locations of stranded waste energy. This is energy that can not be utilized or stored because there are no consumers. You typically find this with renewable energy plants because they produce when the wind blows or th...
More / Etherum Reddit - 2 years ago
Is it 200kwh per tx or block? I always assumed it's per block, but people always talk about transactions. submitted by /u/Fusion63 [link] [comments]
Cryptocoins News / NewsBTC - 2 years ago
Pete Sessions, Texas rep, stated clearly that the growth of the Bitcoin mining sector could expand energy independence in the US.
US Congressman Peter Sessions has graced the public with an audacious statement on Bitcoin mining in the country. Pete...
Cryptocoins News / Blockchain - 2 years ago
Iris Energy raised $71 million in debt issuance for new Bitcoin mining equipment.
According to a statement, the Australia-based Bitcoin mining firm won the deal with an NYDIG subsidiary. Iris Energy used 19,800 Bitmain S19j Pro miners to secure the...
by COINS NEWS - 2 years ago
TLDR: Bitcoin mining currently uses ~0.1% of global energy consumption. Due to its competitive nature and unique properties, bitcoin mining leads to miners setting up or relocating its operations in areas with the cheapest sources of energy. Th...
Bitcoin News / Bitcoinist - 2 years ago
The tables have turned in Russia as the country’s energy minister calls for the legalization of crypto mining.
Russia has had to fend for itself in recent months as it has faced escalating sanctions from the West and other nations.
On Saturday,...
Cryptocoins News / CoinJournal - 2 years ago
When talking to people about cryptocurrencies, one of the top things people mention is how bad it is for the environment. This narrative has become prevalent in mainstream media, and we will mention several examples in this article.
Whereas five ye...
Cryptocoins News / The Cointelegraph - 2 years ago
The Russian Federation‘s energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China and Turkey.He said those countries could begin paying for energy in Russian ru...