2024-12-25 11:49 |
North America faces energy challenges as cryptocurrency mining and AI data centers push electricity demand to unprecedented levels. origin »
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Hut 8 Mining announced that it is prepared to acquire assets from Validus Power Corp. as the latter faces insolvency, according to an Aug. 11 statement. Hut 8 Mining, a North American digital asset mining company, has entered a transaction “support agreement” with Macquarie Equipment Finance Ltd over energy supplier Validus.
2023-8-11 15:21 | |
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Born out of the ashes of the Compute North bankruptcy, the new venture aims to give clients control over their energy strategy.
2023-4-26 16:00 | |
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Critics of bitcoin mining have raised concerns about the amount of energy it consumes and its associated carbon emissions. This has led some to label crypto mining as an environmental hazard, with North Carolina joining Texas in taking steps to regulate power usage.
2023-4-8 19:55 | |
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Суд по делам о банкротстве в Техасе одобрил продажу провайдером блокчейн-хостинга Compute North компании Crusoe Energy Systems одиннадцати контейнеров для майнинга примерно за $1,55 млн.
2022-11-19 12:41 | |
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Суд по делам о банкротстве разрешил оператору дата-центров для майнеров Compute North продать активы более чем на $1.5 млн майнинговой компании Crusoe Energy Systems.
2022-11-18 12:21 | |
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The third quarter of 2022 has not been any kinder to Bitcoin mining operators in North America and Europe.
2022-10-22 13:34 | |
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Bitcoin mining in most of Europe is now “impossible” as energy costs soar but miners are increasingly seeking refuge in the northern reaches of Norway and Sweden.
2022-9-29 15:00 | |
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Ether looked north, having exited a falling wedge pattern last week, analysts said. Buyers remained on the sidelined early Monday as Europe's worsening energy crisis zapped risk appetite.
2022-9-6 11:36 | |
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The power capacity is spread across sites in west Texas, as well as North and South Carolina.
2022-8-11 13:00 | |
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26 июня производитель майнингового оборудования Bitmain проведет в Майами (США) конференцию World Digital Mining Summit 2022. #BITMAIN #WDMS2022 is set to provide an enhanced platform to discuss the status of the mining industry, new investment solutions, hydro cooling and air cooling technologies, North American energy resources, PoW ecosystems, and more! Learn more via: https://t.
2022-7-20 12:57 | |
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With its rapid bitcoin miner deployment at North Dakota operations, Great American Mining shows Bitcoin’s potential to solve energy crises.
2022-3-26 18:30 | |
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The company quickly powered down part of its data center to provide needed relief to Nebraska’s energy grid.
2021-12-18 23:38 | |
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Bitcoin (BTC) mining is an energy-intensive industry. One of the major by-products of mining – excess heat created by computational efforts – has mostly just gone to waste. Recently, many have been asking if there is a way to put that heat to better use and turn it into sustainable energy for others. As a […]
2021-10-18 23:00 | |
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Cryptocurrency miner Mintgreen has agreed to a deal to supply the city of North Vancouver, Canada with heat generated from bitcoin mining beginning in the winter of 2022. The firm is working with Lonsdale Energy Corp.
2021-10-18 14:30 | |
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A Canadian company is looking to change the narrative around Bitcoin mining by using energy for the public good. Earlier this week, MintGreen – a green energy Bitcoin mining firm – announced that it had agreed to supply heat generated from crypto mining to over 100 residents in North Vancouver.
2021-10-16 23:20 | |
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The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000.
2021-10-15 23:20 | |
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The United States is now the new hotspot for bitcoin (BTC) miners who have been forced to leave China since May. The events of the past months have effectively crashed Bitcoin’s energy usage and experts have predicted that over 40 percent of the global hashrate by 2022, will be controlled by North America, thanks toRead More
2021-7-21 13:00 | |
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Amid the ongoing debate surrounding the environmental impact of bitcoin (BTC) mining, light has fallen on Denver-based operation Crusoe Energy. A company that uses energy from flare gas to mine BTC.
2021-6-20 17:20 | |
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Bitfarms will become the largest publicly traded Bitcoin miner in North America using more than 99% hydroelectric renewable electricity. The post Bitcoin Miner Using 99% Hydroelectric Renewable Energy Starts Trading on Nasdaq Next Week first appeared on BitcoinExchangeGuide.
2021-6-19 21:25 | |
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Elon Musk and Michael Saylor attended a private meeting with North American bitcoin miners to propel renewable energy use.
2021-5-26 18:45 | |
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Following his earlier criticisms of Bitcoin’s energy usage, Tesla CEO Elon Musk has met with bitcoin miners in North America to promote the use of renewable energy for BTC mining activities. New Bitcoin Mining Council Formed After Meeting Tweeting on Monday (May 24, 2021), Musk revealed that bitcoin miners based in North America were committedRead More
2021-5-26 13:30 | |
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Elon Musk, CEO of Tesla and SpaceX, has announced that he had a meeting with leading bitcoin miners from North America. Musk indicated that they are dedicated to renewable energy usage and encouraging other miners across the globe to follow in their footsteps.
2021-5-25 01:01 | |
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Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.
2021-5-25 00:19 | |
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North America’s bitcoin mining industry is changing the way we use energy. But where exactly are these operations drawing their power from?
2021-3-10 18:31 | |
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Nasdaq-listed Marathon Patent Group has agreed to a joint venture deal with U. S. independent power producer Beowulf Energy to deliver cheap electricity for its bitcoin mining operations in the country’s north.
2020-10-15 02:30 | |
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Just recently, the firm Arcane Research recently revealed a number of screenshots from the publicly traded energy firm, Equinor. The pictures show the multinational company leveraging natural gas flaring to power bitcoin mining operations.
2020-9-21 05:45 | |
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The North Caucasian division of the Russian energy company announced it revealed another mining farm that was illegally connected to the power supply.
2020-9-9 15:36 | |
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Leading North American uranium supplier and international energy group Uranium One, announced today it is teaming up with distributed ledger technology firm Insolar to research the possibility of deploying a blockchain-based solution for commodity settlement.
2020-3-5 19:05 | |
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Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business.
2019-5-10 20:04 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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Bitcoin mining is an industry that seeks out cheap energy sources that would often go to waste. And in some parts of North America, natural gas is becoming pretty much exactly that. The Oil Industry Produces More Gas Than It Can Handle Natural gas prices in North America have tanked.
2019-3-31 12:00 | |
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“Going to the North Pole for cryptocurrency mining? I play and mine”, says Tom Kim, the founder of Gstar Coin. As we are aware, mining cryptocurrency is expensive, time-consuming and extremely painstaking in return for sporadic rewards.
2019-3-14 13:14 | |
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Man-made climate change is an undeniable fact, and the need to mitigate its damage is all too real. We need to make drastic changes in the next 12 years to prevent climate disasters and reach our goal of restricting an increase in global temperature to 1.
2019-3-12 16:55 | |
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For much of the past 75 years or thereabouts, the status of Saudi Arabia as the world’s undisputed energy hegemon has been taken for granted, with the kingdom exporting roughly 7 million barrels of oil per day, making it by far the world’s largest oil producer and one of the wealthiest countries on the planet.
2019-3-12 16:04 | |
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Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people.
2019-2-18 18:30 | |
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Colorado Securities Commissioner Gerald Rome has issued a new batch of cease-and-desist orders against unregistered Initial Coin Offerings (ICOs) operating in the state, taking the total number of signed orders against ICOs in Colorado to 18.
2018-11-22 19:23 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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The growth in Asia's blockchain-based energy trading is fast catching up with North American and European markets.
2018-9-26 19:58 | |
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The northern part of the Australian state, Queensland, is bustling with cryptocurrency energy. The region is extremely passionate towards one specific decentralized peer-to-peer electronic currency — bitcoin cash (BCH).
2018-9-17 18:55 | |
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The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state.
2018-8-28 19:11 | |
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Bonner and Butte, Montana are home to two of the largest bitcoin mining facilities in North America. They’re also subject to a major energy producer in the state, the Colstrip power plant, which is due to be shut down.
2018-8-27 11:45 | |
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Cheap energy prices are sending crypto miners to the U. S. -Canadian border, turning hydropower into hash power, but the authorities are beginning to fight back. Taking Advantage of the Public Utilities Plattsburgh, a small town on the North American border has become ground zero for crypto mining.
2018-7-31 21:30 | |
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Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York.
2018-6-11 01:16 | |
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Europe’s biggest telecommunications provider plans to mine Bitcoin using surplus energy from renewable sources that would otherwise go unused.
Energy-rich Iceland is “making strides” in crypto, says Gulli Gislason of Viska Digital Assets.