sustainable mining – DIGIT INFO

MARA rolls out advanced ASIC recycling with wind power

DIGIT — Tue, 03 Dec 2024 20:50:47 +0000

The Bitcoin miner will save energy and money by using excess wind power and recycled ASICs at its newly purchased facility in Texas.

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Hive Digital buys 6,500 ASICs, starts Paraguay construction

DIGIT — Mon, 11 Nov 2024 18:00:00 +0000

Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity.

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Bitcoin mine heat-recycling firm MintGreen closes seed round led by CoinShares

DIGIT — Wed, 17 Mar 2021 05:09:03 +0000

Coinshares is teaming up with MintGreen to recycle heat waste from Bitcoin mining.

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What Is Forging, and Is It a Viable Alternative to Bitcoin Mining?

DIGIT — Sat, 23 Jun 2018 19:00:51 +0000

As more and more people join the cryptocurrency conversation, Bitcoin mining has been thrust into the limelight. And just like everything surrounding this inherently controversial industry, it’s shrouded in misconceptions. Bitcoin mining is disastrous for the environment. It’s expensive. It’s draining the earth’s natural resources. These are all valid arguments, but they are based on ... Read more

The Economic Ripple Effect of Bitcoin Mining

DIGIT — Sun, 10 Jun 2018 02:00:15 +0000

Given the numerous drawbacks, Bitcoin mining tends to stop a lot of people in their tracks. As a handful of companies and countries ironically have a monopoly on the mining of Bitcoin, can it still be cost-effective to do? What’s the economic ripple effect of Bitcoin mining? Bitcoin Mining Contributes to the Local Economy Dave […]

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What Is Sustainable Mining and Why Is It Important?

DIGIT — Sun, 03 Jun 2018 15:00:29 +0000

Bitcoin mining consumes a huge amount of electricity. That’s no secret. Many a would-be miner has been stopped in their tracks by the prospect of a utility bill superseding their profits. But simply mining in locations with cheaper power, such as parts of Canada, Eastern Europe, or China, isn’t the solution either, since cryptocurrency mining still drains the earth’s resources, whether it’s expensive or not. Sustainable mining, then, isn’t only about finding countries giving their electricity away for next to nothing, or that are cold enough to absorb the heat generated by Bitcoin mining systems. It’s not only about using

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