Japanese power giant TEPCO explores ‘green’ Bitcoin mining: Report
The company aims to prevent wasted renewable energy through curtailment and promote the widespread use of Bitcoin mining. Go to Source
Energy
Auto Added by WPeMatico
Elon Musk Offers to Assist Donald Trump Boost Government Efficiency
Tesla and Spacex CEO Elon Musk has offered to assist former U.S. President Donald Trump in managing government spending if Trump is re-elected, proposing the creation of a government efficiency commission. Trump endorsed the idea, praising Musk as “the greatest cutter” and suggesting he would be a great leader for such a commission. Trump and … Read more
The USA can (and should) dedicate more energy to Bitcoin mining
Donald Trump is right: The United States could easily ramp up the amount of energy it expends on Bitcoin mining. Go to Source
Foreign crypto miners could be spying on US bases: Elizabeth Warren
Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of electricity, which can crash the power grid.” Go to Source
Senator Cynthia Lummis releases report attacking Biden’s mining tax
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers. Go to Source
Bitcoin uses more renewable energy, but will Tesla accept it again?
Tesla removed Bitcoin payments citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased. Go to Source
Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet. Go to Source
Binance to launch Thai exchange in joint venture with local energy giant
Crypto services from Binance and Gulf Energy’s joint venture, Gulf Binance, will initially be available to Thai residents on an invitation-only basis. Go to Source
Bitcoin price and energy use for mining highly correlated: UN Report
The UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global Bitcoin mining network consumed 173.42 Terawatt hours of electricity. Go to Source
Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst
Bitcoin’s hash rate has continued to increase and yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained. Go to Source