Senator Cruz predicts that Bitcoin mining will be used to capture wasted renewables and Texas’ power grid within five years.
Canadian Bitcoin mining firm Link Global faces $5.6M penalty
Link Global has received an extension to Oct. 14, 2021, as the deadline for filing its response to the action.
El Salvador president teases geothermal Bitcoin mining farm
El Salvador’s president showed the supposed first steps of a geothermal Bitcoin mining facility.
Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030
New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade.
Bitcoin’s power consumption this year has already surpassed all of 2020’s
Bitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study.
Seized PS4 consoles in Ukraine used for FIFA accounts, not crypto mining
The gaming hardware confiscated by the Ukrainian police was being used to create in-game currency and not for farming cryptocurrency.
New project aims to bring global crypto miners to Russia
Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies.
China shuts down crypto mining in Anhui province
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations.
Bitcoin electricity consumption falls to November 2020 levels: Data
Bitcoin’s total annual electricity consumption has fallen almost 60% since its all-time peak recorded in mid-May, according to industry data.
Iran pauses electricity exports due to crypto mining and hot summer
Discounted tariffs made Iran attractive to miners, now the country is having a hard time closing the gap between the production and consumption of electricity.
Kazakhstan to introduce new energy fees for crypto miners in 2022
The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022.
Chinese hydropower plants on sale as crypto miners move abroad
Advertisements for small-scale hydro plants have reportedly surged on Chinese secondhand e-commerce platforms.
City in Sichuan reportedly orders crypto miners to shut down for investigation
Crypto miners in Ya’an City have reportedly been ordered to temporarily shut down their operations.
One River Digital sees spike in demand for carbon neutral Bitcoin
After introducing a new carbon-neutral system for Bitcoin investment in April, One River Digital has already applied for a carbon-neutral BTC ETF.
Iranian crypto miners using household energy to face large fines
Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages.
Chinese investors reboot Iranian Bitcoin mining facility
A Chinese–Iranian Bitcoin mining facility is set to resume operations after being forced to shut down earlier in the year.
Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup
However energy consumption has not matched the 170X price increase over the same period.
Australians can now exchange solar energy credits for beer with blockchain
Victoria Bitter has partnered with blockchain energy trading platform Power Ledger to allow customers to earn beer with surplus solar energy.
Nic Carter takes aim at claims Bitcoin is an environmental disaster
Carter argues that mining is concentrated in areas where there is an excess of energy.
90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says
The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said.