Bitcoin greenwashing? Lawmakers want clearer definitions of green energy
U.K. legislators want clearer definitions applied to green energy usage to combat the rise of financial “greenwashing.” Go to Source Powered by WPeMatico
Bitcoin Mining
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Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, Holding Crypto in Balance Sheet
Another U.S. city, besides Miami, is looking to become a bitcoin hub. The mayor of the city of Jackson TN says that his city is exploring payroll conversions in crypto in addition to bitcoin mining to add the cryptocurrency to its balance sheet. Jackson TN Looking to Become a Bitcoin Hub Mayor Scott Conger of … Read more
Earth Day 2021: How the crypto industry is moving closer to going green
Despite what the critics might tell you, blockchain is greener than ever. Go to Source Powered by WPeMatico
Algorand pledges carbon-negative blockchain
Algorand and ClimateTrade are working on a sustainability oracle that would drive down carbon emissions. Go to Source Powered by WPeMatico
Texas wants to protect privacy elements of blockchain companies, says Blockcap
According to Darin Feinstein, the Chinese government isn’t helping to protect the private property of its crypto miners. Go to Source Powered by WPeMatico
Jackson, Tennessee follows Miami’s lead to adopt Bitcoin operations
Another city in the United States is looking to add Bitcoin payments and mining activities to the city’s balance sheet. Go to Source Powered by WPeMatico
Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations, and will add over an exahash of hashrate to Mawson’s mining facilities. Canaan … Read more
2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina
The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.02 per kWh during the contractual period. Argentine-Based Bitcoin Mining Facility Aims to Acquire 210 … Read more
Governments can stop Bitcoin by shutting down mining, says Electric Capital exec
“If the U.S. stopped all the U.S. miners, Kazakstan stopped all the miners there — that kind of shuts down 80-90% of the hashrate pretty quickly,” said Curtis Spencer. Go to Source Powered by WPeMatico
Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%
Since April 15, the Bitcoin network hashrate has dropped more than 49% after touching an all-time high at 218 exahash per second. Regional reports noted that in China the Xinjiang grid is having blackouts and “safety inspections.” Reports Claim Blackouts in Xinjiang, China Have Pushed Bitcoin’s Hashrate Down 49% At the time of writing, the … Read more