Energy Consumption News

A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.

UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global BTC mining network consumed 173.42 TW/hs of electricity.

Crypto market analysts tend to interpret Bitcoin miners selling their rewards as bearish, but miners countered this logic at the recent Bitmain WDMS conference.

Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy.

Bitcoin’s hash rate has continued to increase, yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained.

The next generation of crypto mining will focus on alternative energy sources for efficiency.

Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000.

Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier, and why Energy Web is building on Polkadot.

Bitcoin mining is becoming more sustainable thanks to things like hydro-cooling farms and associated petroleum gas — undermining environmental criticism.

New Mexico is the cheapest U.S. state to mine Bitcoin in terms of average electricity cost, while Hawaii is the most expensive.

Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin.

The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.

Bitcoin miners appeared to be the model consumers for the ancillary services in the state.

This year was tough on crypto prices, but ETH, LDO, MATIC, DAI and ATOM all made a positive impact on the industry.

Climate change initiatives led by politicians and sponsored by some of the biggest polluters demand a change in initiatives — Decentralized tech could play a key role.