2022-3-4 03:30 |
Treating human waste by turning it into biogas could be an effective means of mining bitcoin which would benefit small towns in developing countries the most. origin »
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“We employ 21st century crypto mining techniques to remediate the impacts of 19th and 20th century coal mining in some of the most environmentally neglected regions of the United States.”...
2022-2-9 17:58 | |
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The green Bitcoin mining operator is also en-route to list on the NASDAQ exchange via a SPAC merger.
2021-11-23 00:40 | |
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Mining digital assets in Russia could take a new turn in the near future as regulators in the European country are considering using waste natural gases for mining purposes, this was revealed by a report from a local media house, Kommersant.
2021-10-22 22:00 | |
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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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Bitcoin mining company MintGreen to deliver innovative low-carbon mining waste solution to heat City of North Vancouver, BC.
2021-10-15 19:10 | |
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Stronghold Digital Mining, a bitcoin miner powered by coal waste, has acquired a second coal refuse site in Pennsylvania with an 80 MW capacity.
2021-8-5 19:54 | |
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Stronghold, a bitcoin mining company powered by waste coal, has filed an S-1 form with the SEC for a $100 million IPO on the Nasdaq.
2021-7-28 19:57 | |
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Stronghold Digital Mining has raised more than $100 million in two private placements supporting its model for sustainable Bitcoin mining.
2021-6-23 03:51 | |
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Stronghold, a bitcoin mining company that claims to eliminate 200 tons of waste coal for each bitcoin mined, has raised $105 million.
2021-6-22 18:32 | |
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Bitcoin is often slammed over its high electricity consumption. Critics argue this is wasteful and unsustainable in the long term. However, in an unusual twist to the environmental debate, it turns out that fracking companies are utilizing waste gas to power Bitcoin mining rigs.
2021-4-1 19:00 | |
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Bitcoin critics have not relented in reiterating their consensus belief that Bitcoin allows for an excessive waste of energy due to the high demand of electrical power needed for mining activities. While it is indeed true that Bitcoin mining consumes a truckload of energy, an interesting case for Bitcoin mining as an essentially valuable practice […]
2021-2-14 22:38 | |
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Ukraine may have found a fitting practice to help it reduce its excessive nuclear power that has been going to waste for years. The idea of building a digital power plant with a capacity for cryptocurrency mining was discussed by the country’s Deputy Minister of Energy for Digital Development Yevhen Vladimirov, who met up with other […]
2021-2-8 00:24 | |
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Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of energy?
2021-1-25 12:14 | |
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One of the planet’s largest energy companies aims to reduce its carbon emissions by partnering with Crusoe Energy Solutions. Equinor will sell electricity generated from waste natural gas to Crusoe who will use it to mine Bitcoin.
2020-8-29 21:42 | |
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Podcaster Marty Bent wants to use a waste byproduct from oil fields to power Bitcoin mining and redistribute mining back to North America from China
2020-4-16 08:52 | |
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Биткоин и Ethereum подверглись жесткой критике со стороны CEO Ripple Брэда Гарлингхауса, который осудил высокие энергозатраты на майнинг этих криптовалют. Energy consumption for BTC and ETH mining is a massive waste and there’s no incentive to take responsibility for the carbon footprint.
2020-3-4 15:09 | |
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Here we go again. Another article has come out taking a shot at bitcoin’s energy consumption. The article specifically suggests that a single bitcoin transaction consumes more electricity than a household in Britain for a period of over two months.
2020-3-4 10:24 | |
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Bitcoin (BTC) and Ethereum (ETH) consume too much electricity, and this should worry climate change activists more, according to Ripple CEO Brad Garlinghouse
2020-3-4 08:52 | |
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We took apart a Coinmine One and talked to CEO Farbood Nivi to get an insider look at the mining gadget taking the cryptocurrency world by storm. “The whole point of crypto is that there is no guaranteed money anywhere.
2019-12-23 10:09 | |
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Studies on the environmental impact of Bitcoin have been polarizing - suggesting that mining is either a catastrophic waste of energy or of no concern at all. The truth is likely somewhere in the middle.
2019-12-6 20:00 | |
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We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines.
2019-7-23 16:00 | |
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In a recent post shared by Bitcoin. com, arguments have been made in relation to how crypto mining activities can help oil companies reduce both their costs and excess oil, where the latter typically goes to waste.
2019-7-20 23:40 | |
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The technical infrastructure of the Canadian province has been in place since the turn of the century. And much like several states from its border partner just South, many of these relics of the industry are going to waste.
2019-5-24 21:00 | |
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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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Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look at why Bitcoin mining would be the perfect solution to capture this energy ‘waste’ and transform it into sound money.
2019-4-24 22:00 | |
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The top economic body in China has recommended some new rules that would see the government close down all cryptocurrency mining facilities in the country. Cryptocurrency mining was one of the industries proposed for immediate elimination, labeling crypto mining as backward processes that are a severe waste of resources.
2019-4-10 09:04 | |
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Bitcoin Mining Happens With Electricity Not In Use, Says Senior Market Analyst At eToro Bitcoin mining happens with super cheap electricity, in many cases utilizing energy that would have otherwise gone waste.
2019-4-3 01:36 | |
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eToro’s senior market analyst and cryptocurrency bull Mati Greenspan suggested that Bitcoin mining was not as energy intensive as its opponents branded it to be. He added that BTC mining was done using electricity that would’ve otherwise gone to waste.
2019-4-1 14:30 | |
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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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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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The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries such as China, a new study by Coinshares has revealed.
2018-12-2 02:00 | |
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Think mining bitcoin is a waste of energy? Then you better ignore the energy consumption of US Christmas lights every year, which uses more electricity than some countries. Energy Consumption of US Christmas Lights ‘Tis the season to be jolly.
2018-11-24 00:00 | |
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Any miner is aware of the heightened amount of energy needed for each computer and device to record items on the blockchain. However, this energy has only been used so far in the mining process, though there is a mining company that believes it can be expanded on. The company, Heatmine, is based out of […]
2018-11-20 03:56 | |
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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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What Is Cryptonoras? Cryptonoras is a Norway-based cryptocurrency cloud-mining platform that promises to generate daily profits for its users through its cryptocurrency cloud mining service. The platform seeks to make cryptocurrency mining accessible to everyone without necessarily having to purchase the capital-intensive mining equipment or waste a lot of time setting up mining hardware. How Cryptonoras Mining […]
2018-10-26 11:14 | |
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There has been a great deal of criticism lately concerning bitcoin’s tendency to use more energy than a whole country. The claim is hotly disputed and some even say that it is better to use the excess energy than to waste it, which is something that bitcoin can do. But – wait a moment, while […]
2018-10-19 11:58 | |
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4NEW, a new blockchain-based eco-friendly ecosystem, is giving the term “Shitcoin” a whole new meaning. While traditionally a term given to tokens with no viable worth and/or vaporware, 4NEW is changing the connotation of “Shitcoin” by taking waste and converting it into electricity that is then used to mine tokens.
2018-7-27 05:00 | |
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Bitcoin’s proof-of-work mining algorithm has sparked a few debates over the past few months. It is considered to be a huge waste of electricity and a borderline environmental disaster. A new proposal has been put forward under the PoWx banner.
2018-7-7 20:00 | |
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Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
2018-6-20 22:29 | |
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According to The Statesman, an Indian ex-pat by the name Varun Datta has acquired two UK based power plants to bolster the operations of blockchain energy firm, 4NEW. The plans in question, are not traditional coal power plants, nor are they of the nuclear persuasion, instead, Datta has managed to secure two ‘waste to energy’ power plans, which use Anerobic Digestion Technology to convert household waste into electricity.
2018-6-16 15:00 | |
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By using energy to validate transactions in a way that is independent of any existing grid or source, Bitcoin mining will save the climate.