The Bitcoin network rate briefly soared above 1 Zetahash per second, multiple data sources show, making it one of the world’s most powerful supercomputers.
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Energy News
Energy for blockchain products is one of the main topics of discussion for the development process of the cryptocurrency industry. As Bitcoin mining is very demanding in terms of energy usage and has become even harder to do over time, Bitcoin’s proof-of-work algorithm has been altered in other, less consuming algorithms for new cryptocurrencies. Bitcoin’s influence on the energy sector is hard to overestimate. Bitcoin energy consumption is currently taking more energy than most countries on the planet. This is not just the reason for the large profits in the energy industry but also a warning for the environment, as it is a threat to the climate with an amount of 20 megatons of CO2 emission per year. The reduction of the energy consumption for cryptocurrencies is also an important task as government environmental policies may become an obstacle for the blockchain industry.
- News
- Opinion
Aligning financial incentives with energy production may be the key to future prosperity and abundance.
3630 - News
BTC mining aids Texas’ grid stability, cutting $18 billion in costs by replacing gas peaker plants with efficient demand response.
6648 - News
Enel and wallet provider Conio’s tokenization initiative lets Italians offset energy bills via partial ownership of solar farms on Algorand.
17297 - Explained
Discover the key factors influencing cryptocurrency mining profitability in 2025, including electricity costs, hardware efficiency, mining difficulty and evolving regulations.
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CleanSpark joins MARA Holdings, Riot Platforms and Hut 8 Mining as a major listed Bitcoin mining firm with 10,000 Bitcoin or more on its balance sheet.
18139 - Overview
When Bitcoin soars into a bull market, skeptics cling to fear, uncertainty and doubt. Are you prepared to repel these FUD claims?
7876 - News
Kyrgyzstan is considered an ideal destination for cryptocurrency miners due to its untapped renewable energy resources.
33953 - News
Pyth Network has expanded its decentralized oracle services with real-time oil market data for WTI and Brent Crude Oil, enabling DeFi energy market applications.
13261 - Explained
Bitcoin miners are emerging as dynamic energy buyers, using sophisticated strategies to adjust their energy consumption based on supply and demand.
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Digital assets continue to be a tool to address shortfalls in the energy supply chain despite criticism from environmental activists.
3191 - News
Enron is back from the dead 23 years after its massive fraud and bankruptcy, with pranksters who have seemingly taken over the brand hinting at launching a token.
8709 - News
United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority.
5507 - Explained
Learn how tokenized commodities work, their benefits for investors, and the potential impact on traditional markets.
- News
According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.
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