News
“If policymakers take a cautious approach and foster a pro-innovation environment, the rewards for consumers, investors and all Americans are likely to be great," said Jordan Ramis shareholder Gregory Zerzan.
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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
“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.
5040 - News
Crypto allies dominate the list of witnesses slated to appear before the House Committee on Energy and Commerce.
3606 - News
The country’s Minister for Economy tweeted that the seizure of crypto mining machines will save “tens of thousands of Euros per month,” providing “energy for hundreds of Kosovar families.”
5620 - News
The Bitcoin podcaster and influencer said, “We shouldn’t apologize for Bitcoin’s energy usage — crucial things in the world use energy.”
5532 - Opinion
Companies are turning to enterprise blockchain-based solutions to meet environmental sustainability goals as well as business demands.
5511 - News
The report also found that a transaction on the Solana blockchain uses 24 times less energy than charging your phone.
17043 - News
“The claim that Bitcoin miners jeopardize the electricity network is completely misinformed,” says EU-based fund manager Melanion Capital.
5926 - Expert Take
New global carbon market rules with an NFT cap-and-trade platform emerge from the UN’s COP26 conference.
4328 - News
Several major players say that nuclear energy might be the best choice for Bitcoin miners.
9889 - News
According to the country's vice minister of energy, addressing the potential strain on Kazakhstan’s power grid from crypto miners “cannot be delayed any longer."
3987 - News
Mercado Bitcoin and Comerc plan to launch two separate tokens incentivizing renewable energy use.
5470 - News
Crypto mining’s environmental impact continues to raise concerns with regulators and businesses alike.
5846 - Analysis
Innovative oil and gas companies are leveraging blockchain, but the industry as a whole may be slow to adopt the technology.
6532 - News
The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000.
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