The U.S. Government Seems to Be Closing in on Bitcoin Mining
Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.
Binance to launch Thai exchange in joint venture with local energy giant
Crypto services from Binance and Gulf Energy’s joint venture, Gulf Binance, will initially be available to Thai residents on an invitation-only basis.
Bitcoin price and energy use for mining highly correlated: UN report
UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global BTC mining network consumed 173.42 TW/hs of electricity.
EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm
The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology
Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst
Bitcoin’s hash rate has continued to increase and yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained.
Bitcoin miners seek alternative energy sources to cut costs
The next generation of crypto mining will focus on alternative energy sources for efficiency.
Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst
Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000.
‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining
An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining.
The Agenda podcast chats with Energy Web on how to fight climate change with help of blockchain
Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier and why they are building on Polkadot.
Tether’s game plan in El Salvador: Why invest in Volcano Energy?
Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC.
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.
The average person’s wealth will be ‘completely destroyed by inflation,’ says Arthur Hayes
Investing in assets “outside of the traditional financial system” is the only way to preserve one’s wealth, according to the former BitMEX CEO.
Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023
New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive.
Crypto firm Mawson sells Texas sites for $8.5M ahead of vote on anti-mining bill
A Singapore-based fund manager will purchase Mawson Infrastructure Group’s Texas subsidiary and said it will participate in the state energy grid’s load response program.
Bitcoin mining and increasing energy bills — Sen. Warren vs. Crypto Twitter
“I’ve been ringing the alarm about the risks that Bitcoin poses to our power grids and climate,” said Senator Warren, agreeing with a New York Times article on the matter.
Texas Senate Passes Bill to Limit Bitcoin Miners’ Participation in Demand Response Programs
Bitcoin miners in Texas get paid in power credits to power off during times of peak demand.
The New York Times’ Skewed Bitcoin Mining Expose Reveals Blatant Bias
Bitcoin Miner TeraWulf Reports 146% Increase in Revenue as It Ramps Up Operations
TeraWulf reiterated its 5.5 EH/s computing power target for the second quarter of the year.