The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf’s Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana.
IBM Teams With 3 European Power Grids to Build Green Energy Blockchain Platform
IBM has created a new blockchain consortium with power grid operators TenneT, Swissgrid and Terna to help facilitate the transition to renewable energy.
For Crypto Miners, Bitcoin’s Halving Could Mean a Doubling in Costs
To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs.
Russia’s Power Grid Company Tests Blockhain for Power Meter Data
Russia’s national power grid company Rosseti is testing a system for electricity bill payments based on a distributed ledger by Waves.
China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants
Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.
US Energy Department Eyes Blockchain to Prevent Power Plant Cyberattacks
A U.S. Department of Energy lab is exploring blockchain technology as a line of defense against cyberattacks on power plants.
Bosch and Wien Energie Demo Blockchain-Powered Refrigerator
Electronics giant Bosch and power supplier Wien Energie have revealed a blockchain fridge aimed to enable better control of electricity consumption.
Suspected Electricity Thief Arrested After Mining $3 Million in Bitcoin, Ether
A man in Taiwan has been arrested over claims he mined $3.25 million in cryptos using stolen electricity.
Researchers Build Blockchain Electricity Exchange They Say Cuts Waste
A team from one of the top universities in China has developed a decentralized exchange, not for crypto assets, but for unused electricity.
Another US County Hits Pause on Crypto Mining Power Requests
Franklin, Washington State, is the latest U.S. county to have suspended new utility applications from crypto mining farms over spiking power demands.
New Power Rates Approved for Crypto Miners in Upstate New York
A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners.
Montana County Delays Decision on Bitcoin Mining Suspension
A county in the U.S. state of Montana has postponed a decision on whether it should temporarily ban new bitcoin mining projects.
Walmart Patent Eyes Crypto Payments for Power Supply Precision
Retail giant Walmart is exploring a way to let households manage their electricity bills with prepayments in cryptocurrency.
Bitcoin Miners Arrested for Alleged Power Theft
Allegations of electricity theft have reportedly led to the arrest of bitcoin miners and equipment seizures in two Chinese cities.
New York Power Providers Cleared to Hike Rates for Crypto Miners
Cryptocurrency mining firms in New York State could face higher electricity bills after a ruling from the public utilities regulator.
EU Can’t Ban Bitcoin Mining Over Energy Concerns, Official Says
Cryptocurrency mining is perfectly legal in Europe and only subject to standard electricity rules, according to an EU commissioner.