renewables – DIGIT INFO

Japanese power giant TEPCO explores ‘green’ Bitcoin mining: Report

DIGIT — Mon, 09 Sep 2024 05:49:13 +0000

The company aims to prevent wasted renewable energy through curtailment and promote the widespread use of Bitcoin mining.

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Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst

DIGIT — Thu, 21 Sep 2023 04:38:23 +0000

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.

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Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1

DIGIT — Fri, 13 Jan 2023 06:19:42 +0000

The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten.

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Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions

DIGIT — Fri, 09 Dec 2022 09:30:17 +0000

On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains the grid” and the industry “undermines U.S. climate goals.” 3 U.S. Bureaucrats Believe Crypto Miners Need to Report Carbon Emissions and […]

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Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

DIGIT — Fri, 29 Jul 2022 07:00:21 +0000

Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed to Source Green Energy From Across Country Iran’s Ministry […]

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Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals

DIGIT — Tue, 19 Jul 2022 18:30:37 +0000

The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s). Marathon Secures 254 MW of Bitcoin Mining Capacity — […]

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China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims

DIGIT — Sat, 26 Feb 2022 18:30:20 +0000

Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a […]

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Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum

DIGIT — Mon, 10 Jan 2022 10:30:38 +0000

According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car’s electrical system to mine bitcoin, and he’s mined monero with the car’s […]

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Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables

DIGIT — Fri, 03 Dec 2021 09:30:54 +0000

Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that secured positioning for 73,000 mining machines in Texas. Now, the new partnership secures […]

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Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas

DIGIT — Mon, 01 Nov 2021 20:30:08 +0000

Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. According to the announcement, Genesis says that the new facility will have 300 megawatts of capacity with a “low […]

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