Tag: electricity

  • Coincheck E-Net Bitcoin Electricity Bill

    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 where such currencies are mined. The Yingjiang Administration Bureau for Industry and Commerce, which enforces enterprises and consumer protection laws, issued a notification to the Bitcoin mining facilities...

    Davit Babayan | November 13, 2018 | 10:00 am
  • Coincheck E-Net Bitcoin Electricity Bill

    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 photovoltaic power generation, and a new system capable of direct trading. Japan Unisys to Build Blockchain Platform to Facilitate Trading of Electricity A partnership between the University of Tokyo,...

    Ricardo Esteves | October 20, 2018 | 10:00 pm
  • Iceland

    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. Although it was never designed to become a hub for cryptocurrency mining, this new business model has introduced a few changes in the country over the years. It...

    newsbtc | June 21, 2018 | 1:00 pm
  • Bitcoin

    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 paper has highlighted the growing problem as major cryptocurrencies seek to solve it. Bitcoin’s Energy Crisis Explored According to the figures, the amount of energy used for each...

    tim copeland | May 21, 2018 | 7:00 pm
  • New York

    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 — a number comparable to the amount of power used by the entire country of Ireland.  Bitcoin and Electricity Usage That said, determining exactly how much electricity the...

    newsbtc | May 17, 2018 | 10:00 pm
  • Bitcoin

    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. The IOT Group will be building a digital currency mining hub that’s actually inside a disused coal-fired power station in the Hunter Valley region. Off Grid Power Will...

    Rick D. | April 12, 2018 | 11:42 pm
  • Bitcoin

    New York Bitcoin Miners Charged Higher Electricity Rates

    The New York State Public Service Commission (PSC) has ruled that upstate power companies can charge bitcoin miners higher electricity rates who may be trying to take advantage of the state’s cheap electricity supply. Power Up Last week, it was reported that Plattsburgh city in upstate New York had...

    newsbtc | March 21, 2018 | 1:39 am
  • envion

    Envion is Bringing Mining to the Source in Mobile Containers

    Energy costs vary so much across the globe that mining can either be super profitable, or a total waste of time. On top of that, the primary energy that is being used, especially when it comes to cheap energy, is dirty. Moreso, there are issues when it comes...

    Jayanand Sagar | November 30, 2017 | 5:54 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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