TeraWulf reiterated its 5.5 EH/s computing power target for the second quarter of the year.
Bitcoin Miner Stronghold Raises Year-End Hashrate Guidance to 4 EH/s
Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining.
How Irish farmers turn cow dung into digital gold (Bitcoin)
Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin.
Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.
The company can reduce the carbon footprint, land and water use of bitcoin miners through its technology.
Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator
Core Scientific had stopped paying Priority Power Management in May 2022.
Canadian Crypto Miner Pow.re Lands 100 MW Contract in Paraguay
Pow.re is one of the few companies building out 100 MW of mining in the South American country.
U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions
U.S. Senator Edward Markey (D-Mass.) and Rep. Jared Huffman (D-Calif.) reintroduced a bill that would have crypto miners disclose their emissions and see the Environmental Protection Agency analyze the effect mining has.
Montana Senate Passes Bill Protecting Crypto Miners
The state’s congress will vote next on the bill, which protects bitcoin miners from utility rate hikes and measures by local governments.
Bitcoin miners as energy buyers, explained
Bitcoin miners as energy buyers utilize renewable energy sources and excess electricity offered by utility companies to fuel their mining operations.
Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1
The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten.
1.5M houses could be powered by the energy Texas miners returned
Bitcoin miners appeared to be the model consumers for the ancillary services in the state.
5 altcoin projects that made a real difference in 2022
2022 was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact on the industry.
Decentralized solutions for climate change are key as COP disappoints
Climate change initiatives led by politicians and sponsored by some of the biggest polluters demand a change in initiatives — Decentralized tech could play a key role.
US lawmakers introduce bill aimed at reporting on crypto miners’ potential environmental impact
The Crypto-Asset Environmental Transparency Act would instruct the Environmental Protection Agency to report on crypto mining activity consuming more than 5 megawatts.
Why banking uses at least 56 times more energy than Bitcoin
“Bitcoin uses 0.05% of world energy consumption. Banking uses 56 times more energy than Bitcoin,” Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph.
Record hash rates may see Big Oil become a major BTC mining player
Big Oil’s influence over the Bitcoin network is growing stronger due to surging hash rates and distressed mining companies.
The Merge brings down Ethereum’s network power consumption by over 99.9%
Before the Merge upgrade, in 2022, the energy consumption of Ethereum ranged between 46.31 terawatt hour (TWh) per year to 93.98 TWh per year.
Bitcoin miners rethink business strategies to survive long-term
A look at why some Bitcoin miners continue to thrive in the bear market while others need to rethink their strategies in order to continue operations.
What does the global energy crisis mean for crypto markets?
While miners stand to be significantly affected by the current power crisis, there is still some hope that the prevailing macro conditions could work in favor of the crypto industry.
Celsius Network defaults on payments to Core Scientific, causing financial unrest
Core Scientific claims to be losing approximately $53,000 per day to cover the increased electricity tariffs that Celsius refuses to pay.