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Embellished estimates as to the total electricity consumed through bitcoin mining have again made the rounds in the media recently, with many stories claiming that energy consumed by mining annually is comparable to that which is consumed by the entire nation of Ireland. Said stories appear to have been triggered by research published by Alex … Read more
Walmart’s patent aims to develop a system to manage energy consumption and regulate demand on an electrical grid using BTC and other cryptocurrencies Go to Source Powered by WPeMatico
Bitcoin celebrated its 300th ‘death anniversary’ after a Forbes article called mining energy consumption its “Achilles Heel” Go to Source Powered by WPeMatico
The Bitcoin network consumes more electric energy in a year than the Czech Republic. Some say that Bitcoin’s high electricity cost is the price we pay for network security, others see it as a threat to the environment Go to Source Powered by WPeMatico
A company claims it has found a way to reduce the energy consumption of crypto miners and blockchain businesses. It plans to open mining facilities in unused buildings across the Swiss Alps #SPONSORED Go to Source Powered by WPeMatico
In June, a Czech gas and energy company will begin accepting crypto to crowdfund infrastructure projects and as payment for services Go to Source Powered by WPeMatico
One of the largest energy suppliers in the Czech Republic has recently announced plans to start accepting cryptocurrency from its customers. The bitcoin payment option should be available as early as next month, its management said. The company is about to join a growing number of Czech businesses processing crypto payments by introducing them to … Read more
New partnership between IBM and Veridium Labs will allow companies to track their carbon credits on the blockchain, trading with other countries to mitigate environmental impacts Go to Source Powered by WPeMatico
A Chinese household has been stealing electricity to mine bitcoin using 50 mobile phones and 15 improvised mining rigs. The home workshop has consumed almost 33,000 kWh of unbilled electricity. That should be enough for a couple of bitcoins, but using a smartphone for the job is not really an option. Also read: 80% … Read more
A new Blockchain platform wants to prevent energy shortages by stopping imbalances between supply and demand #SPONSORED Go to Source Powered by WPeMatico
