The delays are impairing the miner’s hashrate and bitcoin production.
Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining’s Texas Site
Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.
Texas Bill That Would Limit Miners’ Participation in Cost-Saving Grid Programs Stopped in House Committee
The legislation would have capped the industry’s participation in demand response programs.
White House advisors renew push for 30% digital mining energy tax
The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community.
Quebec’s energy manager to seek government approval to stop powering crypto miners
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms.
Norway’s government proposes eliminating reduced electricity tax for Bitcoin miners
“We are in a completely different situation in the power market now than when the reduced rate for data centers was introduced in 2016,” said Norway’s finance minister.
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
Some governments can negatively impact Bitcoin’s environmental footprint by banning BTC mining, according to new data from Cambridge.
Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power.
Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC
A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower.
Decentralizing the grid: Operators test blockchain solutions
As today’s energy market becomes decentralized, energy grid operators may need to take a Web3 approach to asset management and security.
Bitcoin miner Riot Blockchain files prospectus for $500M stock sale
Despite the sizable dilution, the RIOT stock price has not moved much at the time of publication.
Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
Mining worldwide: Where should crypto miners go in a changing landscape?
Which nations are the new harbors of miners, and where can Ether and Bitcoin be successfully — and profitably — mined in 2022?
Russian Ministry wants to legalize Bitcoin mining in specific areas
The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits.
Report crowns Solana for using least energy per transaction, but there’s a catch
Despite Solana’s low power consumption per transaction, the PoS network still uses much energy overall compared to other PoS protocols.
Crypto miner in Texas shuts down 99% of operations as winter storm approaches
“We are taking proactive measures to shut down operations, shed load and create additional capacity in response to ERCOT’s needs should it be necessary,” said the Texas Blockchain Council on behalf of mining firms.
Fitch Ratings warns of risks crypto miners pose to US power supply
“Crypto mining operations are price-sensitive entities that may be quickly scaled back or shut down if mining becomes uneconomical,” said the agency.
Single inactive volcano has 90% chance of powering El Salvador’s Bitcoin City, according to president
According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites.
Tezos blockchain notes power savings after PoS switch: PwC report
The switch to proof-of-stake has had noticeable energy saving effects for the Tezos network.
Industrial Bitcoin mining breathes new life into tiny Texan town
Major Bitcoin miners have set up shop in a former aluminium smelting plant in the small Texan town of Rockdale.