Auto Added by WPeMatico
Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to register with the government and use renewable energy. Uzbekistan Discusses Draft Regulations for Crypto Mining Sector Entities involved in cryptocurrency mining will need […]Powered by WPeMatico
How environmental policy in the US could influence the digital technology energy consumption, expert take.
Powered by WPeMatico
The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy. On May 29, Christian Ander, the founder of Stockholm’s Btcx exchange, explained how instead of selling surplus solar energy, he’s been using […]
The post Bitcoin Mining With Solar: Less Risky and More Profitable Than Selling to the Grid appeared first on Bitcoin News.
Powered by WPeMatico
Bithub Africa has started using off-grid solar power to mine bitcoin and ethereum. John Karanja, the founder and chief executive officer of the small Kenyan mining operation, hopes to spread the technology to the rest of the continent while exposing the lie that cryptocurrency mining poses a danger to the environment. Also Read: U.K Government Moots […]
The post Kenya’s Bithub Africa Mines Bitcoin Using Solar Power appeared first on Bitcoin News.
Powered by WPeMatico
Green bitcoin mining, using renewable energy to produce the cryptocurrency, is in vague across the world. And while generating hydroelectric power from dams have been more widely reported recently, solar power is gaining ground, as exemplified by 500 IPO entering the space. Also Read: Blockchain Mining Completes Bitfarms Merger, Stock Jumps 49% Sun-Powered Bitcoin […]
The post SPI Solar to Host 5,000 Bitcoin Miners for Chinese VC Fund 500 IPO appeared first on Bitcoin News.
Powered by WPeMatico
Japan’s Kumamoto-Energy, a local power producer and supplier from Kumamoto City, has revealed that it recently began using solar power for mining cryptocurrencies. This is another example of how, contrary to environmental hysteria by mainstream media sources, cryptocurrency mining can enable a greener future using renewable energy. Also Read: British Man in Amsterdam Allegedly Laundered […]
The post Japanese Electricity Company Uses Excess Solar Power for Crypto Mining appeared first on Bitcoin News.
Powered by WPeMatico
This week one of Europe’s largest power companies, Enel, has announced the firm has absolutely “no interest whatsoever in selling power” to cryptocurrency miners. Also read: Dead again? In Reality Bitcoin Is Up 729% Since Last February One of Europe’s Largest Power Companies Allegedly Evaluated Cryptocurrency Mining Operations The Italian multinational renewable-energy corporation located in Rome, […]
The post Large European Power Company Will Not Sell Electricity to Crypto-Miners appeared first on Bitcoin News.
Powered by WPeMatico