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Category: Hydroelectric
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Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining
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123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid
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How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste
We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining is actually helping electricity producers prevent energy waste. […]
The post How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste appeared first on Bitcoin News.
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Coinmint to Invest up to $700 Million in New York Mining Center
Coinmint has announced it commenced operations at its newest crypto mining facility in New York. Operated via its wholly owned subsidiary, North Country Data Center Corporation, it is already mining several cryptocurrencies including bitcoin, dash and ether. Also Read: Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India Mining Operations Come Online Located at a […]
The post Coinmint to Invest up to $700 Million in New York Mining Center appeared first on Bitcoin News.
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New York Wants a Piece of the Ever Growing Bitcoin Mining Pie
Watch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries. Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country […]
The post New York Wants a Piece of the Ever Growing Bitcoin Mining Pie appeared first on Bitcoin News.
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