News
Kristy-Leigh Minehan said the state doesn't currently have enough mining hardware to cause significant problems for the power supply.
12101
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
Some Portuguese residents will reportedly be able to pay for electricity in Bitcoin starting from February.
11297 - News
Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners.
8862 - Analysis
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.”
20431 - News
Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index.
9822 - Expert Take
Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of energy?
11057 - News
Beginning in April, the electronics giant and university R&D team will evaluate and tweak the new trading system's performance before commercialization.
7728 - News
“The Woz” makes a big impression in the crypto space as his newly launched token WOZX records 26-fold gains after just five days of trading.
28107 - News
A bi-directional charging scenario allows vehicle owners to sell excess power back to office buildings at a profit.
4899 - News
At what point will greening crypto energy consumption be enough?
7512 - News
The IOTA blockchain finds a use case in industrial maintenance.
9402 - News
The German state-funded energy project uses DLT to enable transparent market transactions.
6007 - News
The country seeks to innovate with help from a variety of Blockchain companies.
9879 - News
The Port of Rotterdam's Innovation Dock has been testing a high-frequency decentralized energy market for renewables since August.
3391 - News
The use of renewable energy for cryptocurrency mining has seen considerable growth, according to a new report.
6932