Exploring the Viability of Crypto Mining in the Renewable Energy Future

2019-5-10 01:00

With the world going green, we explore the high cost of crypto mining and if it is sustainable in the long-term. It is no secret that the world runs on energy and for the last few years, there has been a conscious effort all over the globe to make sure that the energy being usedRead MoreRead More.

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Источник: btcmanager.com

energy world → Результатов: 126

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The American blockchain startup Data Gumbo Corp. secured $6 million in its Series A funding. It was co-led by the venture arm of the largest petroleum and natural gas company Suadi Aramco, reported World Oil on May 8, 2019.

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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter

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.

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Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work

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.

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Event Horizon Summit 2019: The future of energy revolution starts here!

On 19th and 20th June, around 1,000 experts, 20 exhibitors, 20 start-ups and more than 80 international top speakers will meet at the Kraftwerk Berlin power plant for the 3rd edition of “EventHorizon”, the world’s largest international Energy Blockchain conference.

2019-5-8 15:00	Press Release
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‘The world’s most powerful supercomputer’ will realize the full potential of AI

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Is Bitcoin Mining Really An Environmental Catastrophe?

We’ve seen the screaming headlines: Bitcoin uses more electricity than Ireland! Bitcoin is an environmental terrorist! Bitcoin will use more energy than the whole wide world by next year! (Yes, really… Newsweek actually published that.

2019-4-25 19:40
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F-Secure report highlights the woeful state of insecurity in the energy industry

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New CoinMetrics Research: Energy Use Comparison with Crypto and Auto Industry is a Perspective Shifter

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2019-4-16 02:22	News
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power

This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.

2019-4-11 23:38	Mining
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Crypto Community Reacts to China Mining FUD, Will Bitcoin Price React Next?

China is home to the vast majority of cryptocurrency miners, as the country is privy to extremely low energy costs compared to the rest of the world. But as Bitcoin price finds new life, lawmakers in the country are considering banning crypto mining among 450 other activities that are deemed to be unsafe, wasteful of.

2019-4-10 23:00	Mining
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China wants to destroy ‘wasteful’ Bitcoin mining

China, one of the world’s most prominent blockchain and cryptocurrency forces, wants to put an end to “wasteful” Bitcoin mining. The National Development and Reform Commission (NDRC) has added cryptocurrency mining to its latest list of industries it wants to restrict, or eliminate, Reuters reports.

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Bitmain Reveals Specifications for Its ‘Profitable’ Antminer 17 Series

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2019-4-9 20:14	Mining
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Trump Declares War on OPEC, Saudis Laugh as Oil Price Surges

Donald Trump is ramping up his attack on oil prices as US crude hit a 5-month high today. While up to now the US president has been focused on denouncing high energy costs via Twitter, it appears he now is looking to do more than merely bash OPEC online.

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Insolar Ranked Among Top Green Startups

Insolar, an open-source blockchain platform to manage interactions between businesses, has been recognized by Startup Energy Transition (SET) as one of the top hundred green energy innovators across the globe.

2019-4-2 16:00	Energy
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Renewable Energy Offers a Bright Future for Investors

As humanity continues to evolve and technology along with it, there is one constant that cannot seem to be outrun: the dependence on energy. From the earliest days of cavemen discovering fire to today’s extensive power grids, energy has always been the lifeblood of human advancement.

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MiningFriendly: Cryptomining Into The Future

Cryptomining is the process whereby cryptocurrency transactions are verified and added as new blocks on the decentralized ledger known as the Blockchain. Mining cryptocurrencies is a costly business, in terms of energy usage.

2019-3-28 09:04	Press releases
electricity cryptomining cryptocurrencies miningfriendly usage energy mining

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VeriBlock’s Bitcoin-Backed Security Protocol Goes Live

After a year on its testnet, the VeriBlock blockchain went live yesterday on the Bitcoin mainnet, allowing exchanges, wallet providers, merchants and other crypto businesses to leverage Bitcoin’s robust blockchain security.

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Lition: How This Blockchain Business Project Works for Crypto Adoption?

What Is Lition? Lition is the world’s first scalable public-private blockchain integrated with deletable data features customized for commercial products. Lition seeks to enhance the adoption of blockchain-based applications into mainstream commercial use in order to improve the everyday lives of the people.

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Norwegian Fund Hosts $7 Billion Mega-Sale of Energy Companies

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Bitcoin Miners Explore Renewable Energy and Power Recycling

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2019-3-14 00:00
bitcoin recycling renewable energy power miners explore

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Howdy Arabia! U.S. to Overtake Saudi Arabia as World’s Biggest Oil Exporter by 2025

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Bitcoin (BTC) Price Analysis: Bulls Defend Area of Interest, Upside Targets

Bitcoin looks ready to resume its earlier rally as it found bullish energy at an area of interest or former resistance turned support. With that, price could set its sights back on the upside targets.

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Bitmain Launches New Energy-Efficient 7nm ASIC Chip for Bitcoin and Bitcoin Cash

Bitmain, the largest mining hardware manufacturer in the world, has launched a new 7nm ASIC mining chip which achieves new levels of performance, chip size, and energy efficiency for mining Bitcoin (BTC) and Bitcoin Cash (BCH).

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Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin

China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397.

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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.

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Blockchain Technology Faces data Protection Restrictions in Green Energy Sector

As blockchain technology continues to widen in adoption, industries all over the world are beginning to integrate distributed ledger systems into their business operations to create more transparency and efficiency.

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Japanese IT Giant Fujitsu Leverages Blockchain, Streamline’s Energy Problems

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Since 2009, when bitcoin gave the world cryptocurrency, it also offered hope for those who wanted the legitimate distribution of power. Notably, for those who have been looking for solutions. . .

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Saiterm ICO

Our goal is to finance the development of the production and marketing of a physical, totally innovative product for high efficiency heating of environments, remaining independent and autonomous, financing via the blockchain, the creation of production and commercial facilities necessary for the production and distribution of the most efficient heating system in the world, a system already designed, patented, implemented and tested.

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TerraGreen Aims At Creating A Better World By Generating Energy from Bio Waste

Around 100 billion metric tons of biomass waste gets produced each year, and as these wastes get rotten and decompose, they release gases such as methane which is very hazardous gas for the environment.

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Mongolia Continues to Attract Bitcoin (BTC) and Crypto Miners

Bitcoin (BTC) and crypto mining needs the perfect balance of energy costs and revenue to be a viable investment venture. In the case of energy, cheap rates are preferred. There is also the aspect of cooling the mining machines that is usually taken care of by air conditioning in traditional data centers.

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Paving the way to a Greener World with TerraGreen

In 2012, the global demand for power and energy was computed to be 158,000 TWh, and it’s predicted to be rising ever since. Unfortunately, renewable energy sources have only provided for around 19.

2019-1-7 12:00
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‘Ethereum 2.0’ PoS Blockchain Aims to Cut Energy Use by 99%

Ethereum not only hopes to maintain its position as one of the world’s largest cryptocurrencies but also to achieve supremacy by becoming more energy efficient. Ethereum leadership plans to accomplish this objective by minimizing blockchain energy consumption by 99 percent.

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Can Bitcoin Scale?

The ongoing debate about whether or not Bitcoin can scale sufficiently on its path to mass adoption has led many people to question if it will ever reach that point at all.

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During an interview for a podcast from Blockchain Insider – Vitalik Buterin, very respected and well known creator of Ethereum [ETH – third largest cryptocurrency by market capitalization], added his comments on the functionality and future of Bitcoin and Ethereum.

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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada

When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs.

2018-12-22 21:41	Mining
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2018-12-11 15:23
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Crypto Collapse Plunges Market Cap to 16 Month Low

Not since mid-2017 have cryptocurrencies been so depressed. The difference back then though was that the market was bullish and full of energy, today it is the complete opposite. Over the past 24 hours cryptocurrency market capitalization has nosedived to a new low for the year and the lowest it has been for 16 months.

2018-12-8 08:26	market cap
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Intel Awarded a Patent for an Energy Efficient Bitcoin Mining Process

On Nov. 27, the world’s second-largest semiconductor chip maker, Intel, was granted a patent for a processing system that mines Bitcoin but utilizes more “energy-efficient hardware accelerators.

2018-12-2 18:55
bitcoin patent intel process mining efficient awarded

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World’s First Blockchain-Based Oil Trading Platform Launched

VAKT, a blockchain-based consortium formed by leading oil and energy sector companies announced the launch of its commodity post-trade management platform through a press release dated November 29, 2018.

2018-12-2 05:00
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Blockchain Technology Can Solve Africa’s Energy Problems

Despite the abundance of many forms of natural energy in Africa, including solar, wind and hydro, several parts of the vast continent still have no access to 24/7 interrupted electricity. According to a World Economic Forum report on November 29, 2018, blockchain technology can fix the energy issues of Africa if well utilized.

2018-12-2 02:00	Technology
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Shell, BP, and big banks launch energy trading platform on the blockchain

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2018-11-29 17:22	hard fork
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$5 Million Lawsuit Against Bitmain Filed in Northern California

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2018-11-27 21:38	Law & justice
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Blockchain is about to unlock world's energy

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2018-11-22 11:00	BNC insights
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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn

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2018-11-20 23:08	Adoption & community
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Blockchain Technology-Based Oil and Energy Platform Primed to go Live by 2018 End

A blockchain technology-based platform backed by global oil and energy giants BP, Shell, and Equinor is poised to go live by the end of the year, reports S&P Global, November 12, 2018. Aim to Modernize Physical Energy Post-trade Processes In the 21st-century trade world, the global energy and oil industry still relies a great deal on orthodox and outdated paperwork.

2018-11-15 22:00
energy global oil blockchain 2018 platform technology-based

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Energy Sharing Blockchain Project Power Ledger Roadmap Released

This year has not been pretty for most crypto projects in terms of their market value. Some have shrunk and disappeared into the digital ether and obscurity, while others have got their heads down and continued to work on their projects, ignoring the incessant roar of the bears at the door.

2018-11-13 11:31
energy sharing projects power ledger roadmap released

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Power Ledger’s Blockchain Energy Projects Set To Power The World Utilizing The Richard Branson Effect

Power Ledger’s Power Projects Set To Use Blockchain To Power The World The world is exceedingly dependent on energy to function. This is estimated to only get worse as the worlds oil reserves dwindle and the shortfall is hardly met by renewable resources.

2018-11-13 01:36	News
power world ledger set blockchain energy projects

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Publicly-Traded Bitcoin Miner Runs on 100% Renewable Energy, Audit Confirms

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Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis

New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.

Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan

Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said.

How Irish farmers turn cow dung into digital gold (Bitcoin)

Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin.

Bitcoin Miner CleanSpark Gains Proof Of Renewable Mining In New Partnership

CleanSpark partnered with Sustainable Bitcoin Standard to deliver certificates authenticating that bitcoin was mined with renewable energy.

Bitcoin Miner CleanSpark Raises $35 Million In Financing From Trinity Capital

CleanSpark closed a $35 million, non-dilutive financing deal by collateralizing over 3,000 miners with a 9.9% interest rate to fuel growth expenditures.

What Is Behind Norway’s Booming Bitcoin And Crypto Interest?

In the fourth survey about crypto adoption ran in Norway by Arcane Research and Ernst & Young (EY) in 2018, they find that the industry is booming in the country with the levels of ownership that have doubled from 5% to 10%.

2019-5-10 01:00

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