Bitcoin Miner Plans to Double its Capacity Through Completely Renewable Means

2021-3-12 21:21

BitRiver, which accounts for 2% of global Bitcoin mining, uses more than 90% green power as it builds its data centers in regions with electricity surpluses and renewable energy sources. The post Bitcoin Miner Plans to Double its Capacity Through Completely Renewable Means first appeared on BitcoinExchangeGuide.

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renewable bitcoin through means capacity completely double

Источник: bitcoinexchangeguide.com

renewable bitcoin → Результатов: 75


PayPal co-founder invests in renewable energy-focused bitcoin mining facility

PayPal co-founder Peter Thiel recently made an investment into renewable energy centered Bitcoin mining facility called Layer 1 based in San Fransico. The firm revealed that it has raised $50 million from Series A funding rounds which attracted investment from Peter Thiel, Shasta Ventures, venture capital company Digital Currency Group and many other undisclosed investors.

2019-10-20 10:40


Renewable Hydro Power Energy to Reduce Bitcoin’s Climate Change Impact Isn’t the Solution Reports Economist

We’ve seen many cases made in relation to why Bitcoin is not preferred. One that stands out the most is its excessive use of energy. Many businesses have since shared that they are less inclined to incorporate cryptocurrencies because it contradicts with their mission in helping to save the environment. However, an equal number of […]

2019-3-15 17:20


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Renewable Energy Keeps Bitcoin Miners Afloat

A recently-published report suggests that more than three-quarters of Bitcoin (BTC) mining activity relies on cheap renewable energy in order to remain financially viable. The report, issued by the cryptocurrency investment firm CoinShares, reprises the points which the company’s researchers made last May, and again in November: that a significant amount of mining activity is […] The post Renewable Energy Keeps Bitcoin Miners Afloat appeared first on Crypto Briefing.

2019-3-1 20:33


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In early November, Bitcoin mining profitability experienced a notable uptick, with the hash price—a key indicator of miner earnings—rising by 29% since the end of October.