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.
Bitcoin miners seek alternative energy sources to cut costs
The next generation of crypto mining will focus on alternative energy sources for efficiency.
Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis
New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
Renewable energy Bitcoin mining company powers up in Sweden
Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden.
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.
Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan
Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said.
Tether invests in El Salvador’s $1B renewable energy project
El Salvador’s plans to build a billion dollar renewable energy precinct has found a first round investor in stablecoin issuer Tether.
El Salvador’s Volcano Energy Secures $1B in Commitments For 241 MW Bitcoin Mine
The 241 MW site will be powered by wind and solar energy.
Bhutan mines Bitcoin with hydropower since BTC price was $5,000
The Kingdom of Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal.
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.
Can blockchain help combat climate change?
Blockchain’s transparency and traceability can aid sustainability and reduce carbon emissions for climate change.
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.
Bitcoin mining brings more than money to this East African country
A Bitcoin mining project in a remote corner of Malawi, a landlocked country in southeastern Africa, connects more families to the grid while delivering economic empowerment to an impoverished region.
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.
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.
Is post-Merge Ethereum PoS a threat to Bitcoin’s dominance?
Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how “the competition for liquidity” between Bitcoin and Ethereum will play out after the latter’s switch to a proof-of-stake system.
Norwegian town wants ‘noisy’ Bitcoin miners out, experts respond
A municipality in Norway is using all means necessary to avoid “energy-sucking” Bitcoin miners establishing further operations, citing noise complaints and energy concerns.
Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay.
Bitcoin mining to harness onsite natural gas emissions: Ark Invest
A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions.
How blockchain can address Austria’s energy crisis
In the future, energy communities should make a greater contribution to the energy transition.