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Category: Power Consumption
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President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill
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Researcher: Stop Worrying About Bitcoin’s Environmental Impact
A common mainstream media trope is that Bitcoin mining will soon use so much electrical power it could lead to an environmental catastrophe. We’ve often provided examples of how this is a false narrative, and now an independent energy researcher is saying the same. She points to miners migrating to locations with abundant renewable energy […]
The post Researcher: Stop Worrying About Bitcoin’s Environmental Impact appeared first on Bitcoin News.
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Japan’s GMO Unveils Specs and Price of 7nm Bitcoin Mining Rigs – On Sale Tomorrow
Japan’s GMO Internet has unveiled the price and specs of the GMO miner B2 equipped with 7nm ASIC mining chips. The mining capacity is 24 TH/s and the price of the machines will be adjusted monthly according to demand. Using GMO’s mining rigs, the power consumption can be reduced up to 20% and the cost […]
The post Japan’s GMO Unveils Specs and Price of 7nm Bitcoin Mining Rigs – On Sale Tomorrow appeared first on Bitcoin News.
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Europe’s Clocks Are Running Slow and Crypto Mining Is Being Blamed
From wrecking the environment to making it harder to search for alien life, cryptocurrency mining has been blamed for a multitude of sins. But to cause time itself to slow down is a fresh charge and one which, on the surface, sounds impossible. Something strange is happening in Central Europe right now: clocks are running […]
The post Europe’s Clocks Are Running Slow and Crypto Mining Is Being Blamed appeared first on Bitcoin News.
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