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: 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: 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 […]