sustainable energy – DIGIT INFO

Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden

DIGIT — Tue, 06 Aug 2024 19:12:56 +0000

Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration with Swedish company Muttern Fastigheter showcases an innovative approach to enhancing energy efficiency within the industry. GDA and Muttern Fastigheter Collaborate on Sustainable […]

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ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use

DIGIT — Thu, 09 Mar 2023 15:30:41 +0000

Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary to Cambridge University Data, Analyst Says Bitcoin Mining Uses 52.6% Sustainable Energy These days, there […]

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Sustainable Bitcoin mining power mix hits 59.5%: BTC Mining Council

DIGIT — Wed, 20 Jul 2022 03:43:57 +0000

The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise.

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Sustainable energy usage for BTC mining grows nearly 60% in a year

DIGIT — Tue, 26 Apr 2022 02:37:39 +0000

The latest Bitcoin Mining Council report showed that the mining industry is rapidly adopting sustainable energy sources to secure the largest crypto blockchain.

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Bitcoin mining becomes more sustainable: Mining Council’s Q4 survey

DIGIT — Wed, 19 Jan 2022 06:04:41 +0000

“This quarter we saw the trend continue with dramatic improvements to Bitcoin mining energy efficiency and sustainability,” said the Founder and CEO of MicroStrategy Michael Saylor.

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Compass Mining Partners With Oklo to Power Bitcoin Mining Operations With Advanced Fission

DIGIT — Thu, 15 Jul 2021 17:00:59 +0000

Bitcoin mining firm Compass Mining announced the company has entered a 20-year partnership with Oklo Inc., a California-based firm that produces clean, emission-free energy via advanced fission. Oklo explains the company is committed to providing 150 megawatts (MW) of clean power to Compass in order to drive bitcoin mining operations. Advanced Fission and Bitcoin Mining […]

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Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2

DIGIT — Sun, 04 Jul 2021 20:30:20 +0000

During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable and old data […]

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Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage

DIGIT — Mon, 24 May 2021 21:19:39 +0000

Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned renewable usage. The meeting was hosted by Microstrategy CEO Michael Saylor. Elon Musk and […]

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