Credit to Author: US Energy Information Administration| Date: Sat, 03 Feb 2024 03:23:54 +0000
Electricity demand associated with U.S. cryptocurrency mining operations in the United States has grown very rapidly over the last several … [continued]
The post Tracking Electricity Consumption From U.S. Cryptocurrency Mining Operations appeared first on CleanTechnica.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 07 Nov 2023 20:51:02 +0000
A Canada-based digital asset mining and computing company is close to acquiring four small natural gas-fired power plants in Ontario. Hut 8 Mining Corp., headquartered in Toronto, on Nov. 3 […]
The post Canadian Court Backs Bitcoin Miner’s Bid for Gas-Fired Power Plants appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 06 Oct 2022 03:22:01 +0000
Bitcoin mining is the process used to generate new coins and verify new transactions. The process involves vast, decentralized networks of computers around the world that verify and secure blockchains, the virtual ledgers that document cryptocurrency transactions. In return for contributing their computing power, miners are rewarded with new coins. The process ultimately requires a […]
The post How Bitcoin Mining Can Help Power Companies Optimize Generation Assets appeared first on POWER Magazine.
Read moreCredit to Author: Jo Borrás| Date: Wed, 07 Sep 2022 17:55:34 +0000
How would you feel about Bitcoin if the tech that powered it was carbon neutral?
Credit to Author: Johnna Crider| Date: Mon, 13 Jun 2022 20:00:04 +0000
Mining bitcoin is often pretty bad for the environment due to coal being the primary power source, and another key source is natural gas. The Bulletin of the Atomic Scientists shared that in Pennsylvania, Big Dog Energy LLC installed 30 gas-fired generators at one of its gas well pads in Beccaria Township. All of the […]
Credit to Author: Darrell Proctor| Date: Sun, 27 Feb 2022 15:20:48 +0000
The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal energy techniques—to power their operations. Among the latest is a service from a California-based renewable energy group, RenewaBit, which has joined with CeraPhi Energy, a Houston, Texas-based company, to produce geothermal energy with integrated crypto mining […]
The post Well-Constructed Solution: Geothermal to Power Bitcoin Mining appeared first on POWER Magazine.
Read moreCredit to Author: Elliot Hill| Date: Tue, 23 Jul 2019 16:14:33 +0000
Despite recent testimony from Bitwise to the U.S. Securities and Exchange Commission (SEC), which stated that up to 95% of Bitcoin trading volume is fake, quant trading firm Alameda Research deny the validity of this claim, instead of arguing that the truth is far less clear. Bitwise Asset Management, an American self-styled authority on crypto […]
Alameda Research: Bitwise Report on Fake Bitcoin Trading Volume Inaccurate was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt.
Read moreCredit to Author: Ben Basarab| Date: Wed, 10 Jul 2019 09:07:31 +0000
When trying to decide on the best cryptocurrency exchanges, it is not simply a matter of ranking by volume or performing a broad comparison according to fees, accessibility, trading tools, or other common features. Most exchanges aim to support a particular type of client based on their location, experience, payment method, need for anonymity and […]
11 Best Cryptocurrency Exchanges – Buy Bitcoin & Altcoins in 2019 was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt.
Read more
Credit to Author: Jason Koebler| Date: Fri, 06 Sep 2019 16:22:42 +0000
Reid Hoffman made a dumb music video about Bitcoin and got his rich friends to tweet about it to “explore some of the most polarizing issues that characterize our own era.”
Read more
Credit to Author: Jordan Pearson| Date: Wed, 08 May 2019 16:15:56 +0000
Hackers made off with millions of dollars in bitcoins from Binance.
Read more