Beijing investigates crypto mining farms to improve energy efficiency
Bitcoin’s electricity bill has been attracting the attention of regulators worldwide. Go to Source Powered by WPeMatico
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Former gov’t official blames crypto mining for energy crisis in Kyrgyzstan
As the Kyrgyz government discusses raising electricity tariffs again, a former official says that crypto mining is a significant driver of the ongoing energy crisis. Go to Source Powered by WPeMatico
Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other types of consensus algorithms have been effective at being secure while … Read more
The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining
To establish an interplanetary economy, humanity needs a better financial system that decentralized cryptocurrency can offer. Go to Source Powered by WPeMatico
Asia-Pacific’s solarized digitalization agenda in pandemic times
Amid the COVID-19 pandemic, the role of digitalization has become central to achieving sustainability and lessening climate change. Go to Source Powered by WPeMatico
Crypto mining will be a bridge to 100% renewable energy production, says Mike Colyer
“At some point Bitcoin mining will look like a utility, and it’s going to be a part of critical infrastructure for countries,” said the Foundry Digital CEO. Go to Source Powered by WPeMatico
Alliance of major firms aims to reduce crypto’s carbon footprint
One of the group’s long-term goals involves transitioning all of the world’s blockchains to 100% renewable energy by 2025. Go to Source Powered by WPeMatico
UK Bitcoin mining revenues soar but China hogs 75% of ‘blood coin’ production
U.K.-based Argo Blockchain just did record revenues, but a new report suggests 75% of Bitcoin mining still takes place in China, where “blood coin” is made. Go to Source Powered by WPeMatico
No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
“Blood coin,” “clean coin” and maybe even “virgin coin” will become commonplace phrases as Bitcoin’s environmental concerns continue to rage. Go to Source Powered by WPeMatico
Blockchain-based renewable energy marketplaces gain traction in 2021
Blockchain projects focused on optimizing the energy sector are gaining traction as greater emphasis is placed on conservation and efficiency. Go to Source Powered by WPeMatico