El Salvador Unleashes "Volcano Energy" With 241 Megawatt Planned Bitcoin Mining Operation

2023-6-5 16:00

The country of El Salvador is harnessing its energy resources and constructing a renewable power generation park to fuel the growth of Bitcoin mining. origin »

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Ripple Chief Critical of Bitcoin, Ethereum ‘Wasteful’ Energy Consumption

As if there wasn’t enough tribalism within the crypto community already, Ripple’s CEO has blatantly bashed bitcoin and Ethereum for their energy consumption and carbon foot print. Bitcoin Using More Energy Than Ever A recent article in the UK’s Telegraph has claimed that one bitcoin transaction uses more energy than an average British household does in two months.

2020-3-4 12:00


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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