Energy Used by Idle Device in the U.S. Can Power Bitcoin For 4 Years
Academic researchers at Cambridge University launched a real-time index that tracks the total electricity consumption of the bitcoin network Go to Source Powered by WPeMatico
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U.S. Clean Energy Firm Clearway Energy Will Test Blockchain for Renewable Energy Trading
Clearway Energy Group to pilot program for trading renewable energy credits on a blockchain Go to Source Powered by WPeMatico
Officials Seize Hundreds of Bitcoin Mining Machines in Iran
Bitcoin is a very unique form of money which is often misunderstood. Especially when it comes to mining cryptocurrencies, there are a fair few misconceptions. In Iran, the mining of cryptocurrency has turned into a political debate. Despite there not being any official law prohibiting this industry, several hundred miners were confiscated this week. A … Read more
Iranian Authorities Confiscate 1,000 Bitcoin Mining Machines
Following a surge in power consumption, Iranian authorities detected and seized 1,000 Bitcoin mining machines Go to Source Powered by WPeMatico
Iranian Government to Cut Off Power to Crypto Mining Until Approval of New Energy Prices
Iran plans to cut off power to crypto mining until new energy prices are approved, an official at Iran’s Ministry of Energy revealed Go to Source Powered by WPeMatico
Bitmain Launches Low-Cost Special Edition Antminer S9
On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original S9. Also read: Report Insists ‘Bitcoin Was … Read more
Blockchain-Based Energy Trading Firm to Optimize Solar Energy Distribution in Austria
DLT-enabled energy trading firm Power Ledger will roll out its app in Austria’s second-largest city of Graz to optimize energy distribution Go to Source Powered by WPeMatico
China: Locals Allegedly Laying Cable via Fish Ponds to Steal Oil Well Power for BTC Mining
Police in China have reportedly gathered evidence of people laying cables via fish ponds to steal oil well power to fuel their bitcoin (BTC) mining Go to Source Powered by WPeMatico
74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report
There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares published a report that details mining is not environmentally … Read more
Chinese Authorities to Investigate Illegal Mining Farms at ‘Global Mining Capital’ Sichuan
Chinese authorities are investigating the alleged illegal bitcoin mining farms located in “global mining capital” Sichuan province Go to Source Powered by WPeMatico
