Bitcoin Impact on Climate Change Negligible, Nearly Half of Emissions From China
Recently, it was reported that Bitcoin mining now consumes as much as a quarter percent of the entire world’s electricity ...
Tag: electricity
Bitcoin Mining Now Consumes A Quarter Percent Of Global Electricity
Bitcoin mining consumes a large amount of energy, and in return for the upfront electricity costs, miners are rewarded with ...
Chinese Bitcoin Mining Centers Fear Electricity Cuts as Compliance Issues Loom
Having banned the exchanges where cryptocurrencies like Bitcoin are traded, the Chinese government is now cracking down on the plants ...
Japanese Consortium to Research Direct Trading of Electricity with Blockchain
A Japanese consortium is to research the use of blockchain technology to determine the price of surplus electricity generated by ...
New York State Approves a Bid to Provide Cheaper Electricity to Crypto Miners
Despite worries about cryptocurrency mining — from the impact that it can have on the environment to the potential impact ...
Abundant Renewable Energy Makes Iceland a Crypto Mining Powerhouse
Few countries around the world lend themselves to cryptocurrency mining. Iceland has always been a key region in this regard. ...
How Will Bitcoin Solve Its Energy Consumption Problem?
If Bitcoin were a country, it would be the 40th largest consumer of electricity in the world. A new research ...
The Bitcoin Network Uses as Much Electricity as Ireland: Study
According to a new study, the Bitcoin network could be consuming as much as 0.5% of the world’s total electricity ...
Australian Power Company to Reopen Coal Power Plant to Mine Bitcoin
An Australian power company have signed a contract with a cryptocurrency mining firm to provide them with cheap off-grid power. ...
International Cryptocurrency Miners Flock to Scandinavia for Cheaper Power
Cryptocurrency mining will always remain a peculiar industry. A lot of people make good money from it, even though there's ...
