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PortuguêsTo mine, or not to mine, that is the question. Professional Bitcoin miners discuss the nuance of BTC mining and whether now is a good time to get started. Your…
Continue ReadingThe main barrier to the wide adoption of DLT solutions by the energy system stakeholders is how energy markets are structured. Aside from the buzzing neologism of Web3, there is…
Continue ReadingA conversation about Level39’s recent article about using thermal energy from the ocean to generate electricity and mine bitcoin with the excess. This is a recording of a recent Twitter…
Continue ReadingAuthorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid…
Continue ReadingThe Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means…
Continue ReadingNumerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. In the summer of…
Continue ReadingAnalysis of Bitcoin’s Proof of Work and the Lightning Network exposes the banking system as energy hungry, demonstrating that Bitcoin is better for the planet. Fresh figures on Bitcoin’s (BTC)…
Continue ReadingBitcoin incentivizes energy innovations whereas proof-of-stake results in exacerbated inequality since the more money you have, the more money you get. Mickey Koss is a West Point graduate with a…
Continue ReadingGovernments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector. The…
Continue ReadingA founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower. The ever-raging debate around Bitcoin’s energy consumption…
Continue ReadingIn a recent interview, Rostin Behnam revealed that if Lummis-Gillibrand were to be enacted, the CFTC could advocate for a less energy-intensive Bitcoin. Commodity Futures Trading Commission (CFTC) Chair Rostin…
Continue ReadingLove, violence and money are interrelated through their connection to energy. As the digital representation of energy, Bitcoin offers a better store of energy. “’But how is [Bitcoin] digital energy;…
Continue ReadingThe Biden administration is reportedly crafting policies intended to lower energy consumption and emissions from bitcoin mining. The White House is drafting policy to address bitcoin mining as it seeks…
Continue ReadingHarry Sudock of Griid qualifies Bitcoin as a responsible use of energy and shares his perspective on the benefits of bitcoin mining for rural areas. Watch This Episode On YouTube…
Continue ReadingThe share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to…
Continue ReadingA misdirection of resources and an obstruction of progress, wind and solar energy reflect the same distracting qualities of altcoins. Wind and solar are altcoins. They are unreliable, costly and…
Continue ReadingA push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party…
Continue ReadingThe proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on May 10. There’s Nor-way they can ban Bitcoin (BTC) mining in Norway…
Continue ReadingPRTI has discovered a way to demanufacture old car tires, turning them into sources of energy, some of which is then used to mine bitcoin on-site. The Problem The wheel…
Continue ReadingBitcoin mining has the potential to revolutionize our approach to electricity generation by allowing power production to increase with buyers of last resort. In its 12 years of existence, Bitcoin’s…
Continue ReadingBitcoin 2022 offered us a glimpse into bitcoin miners’ crystal ball, as they discussed how the industry will impact the energy grid. Most of the conversations about Bitcoin infrastructure for…
Continue ReadingEnergy usage is not something from which we should shy away. Bitcoin miners are already doing the hard work that is making the world a better place. The below is…
Continue ReadingHumanity must produce an excess amount of energy in order for forward progress — but with increasing demand, how can we achieve this? Much has been written about how intermittent…
Continue ReadingWhat makes this Arctic outpost so attractive to bitcoin miners, considering the country’s tiny geographical size and small population? The below article is part of a larger series on Bitcoin…
Continue ReadingThe relationship between energy prices, hash rate, difficulty and the bitcoin price will be extremely important as the price of energy rises. Wildcatters drilling wells in hopes of finding oil. via…
Continue ReadingThe fines will reportedly triple compared to current rates, while repeated violations will lead to jail time. The Iranian government will increase penalties for the use of subsidized energy in…
Continue ReadingAs today’s energy market becomes decentralized, energy grid operators may need to take a Web3 approach to asset management and security. The world’s energy market is rapidly evolving, moving from…
Continue ReadingThe arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies.” Requests for comments on a proposal urging the Wikimedia Foundation…
Continue ReadingBTC mining and the miners, themselves, seem to be doing more than just securing the Bitcoin network. What do a swimming pool, beef jerky, a caravan, timber, animal waste, a…
Continue ReadingBitcoin mining companies are working with electricity providers to find solutions for power that support mining and community access to electricity. Bitcoin mining specialists sat down together to discuss how…
Continue ReadingASIC manufacturer, Canaan, announced a brand new mining machine in addition to green mining standards about energy, mining and infrastructure. Canaan senior vice president, Edward Lu, shared the company’s plans…
Continue ReadingAt Bitcoin 2022, those who understand bitcoin mining and energy usage the most discussed the future of the industry. In recent years, calls for the reduction of “carbon emissions” has…
Continue ReadingCrypto Twitter discusses whether Bitcoin mining with clean energy provides a good solution for excess or unused energy. It all started with a tweet by Dennis Porter, podcast host and…
Continue ReadingOne does not simply change Bitcoin’s code, as the Change The Code campaign ridiculously requests. Greenpeace USA and the Environmental Working Group (EWG), with $5 million in backing from Ripple…
Continue ReadingWhile Russia sends out hopeful hypotheticals, major companies are making real progress in the Bitcoin industry in America. Since the first week of February 2022, the world’s gaze has been…
Continue ReadingIn the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has…
Continue ReadingThe 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…
Continue ReadingBitcoin’s prolonged stability and global adoption are not only beneficial, but necessary for free societies to thrive. This article was inspired by Max Gagliardi’s thread on Twitter. The Bitcoin community…
Continue ReadingLaw enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station,…
Continue ReadingCan Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem? The energy usage and environmental impact of Bitcoin (BTC) mining have been frowned…
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