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Expert fears resurgence of ‘environmental narrative’ as US coal miner generates $30 million by mining Bitcoin
Alliance Resource Partners (ARLP), a US-based coal mining company, said it has successfully mined 425 Bitcoin worth $30 million by harnessing excess energy from its facilities, according to its first-quarter earnings call. дальше »
2024-4-30 20:50 | |
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This Bitcoin Mine Is Getting Rid Of Pennsylvania’s Leftover Coal Waste
Who’s going to put leftover coal to use powering the world’s most incredible financial network? Bitcoin, that’s who. Another day, another story about bitcoin mining actually protecting the environment in a practical way. дальше »
2022-10-15 22:21 | |
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EU bans providing 'high-value crypto-asset services' to Russia
Prohibiting crypto services was one of three financial measures the European Commission proposed in addition to an import ban on Russian coal. дальше »
2022-4-9 20:15 | |
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“We Supply the Grid and Clean-up Waste Coal” Bitcoin Miner Tells Elizabeth Warren
“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.”... дальше »
2022-2-9 17:58 | |
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After PlanB's '$100k Christmas' miss, it's clear that Bitcoin Stock-to-Flow model is...
Like a naughty child who got a lump of coal in their stocking on Christmas Day, crypto investors banking on PlanB's model must be staring at their portfolio sadly as the pseudonymous analyst's $100,00The post After PlanB's '$100k Christmas' miss, it's clear that Bitcoin Stock-to-Flow model is... appeared first on AMBCrypto. дальше »
2021-12-25 14:30 | |
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Bitcoin Mining Company Buys Entire Coal Power Plant
More cryptocurrency mining companies are buying up coal-burning power plants. Most recently, Pennsylvania-bsed holding company Stronghold Digital Mining bought a powerplant Venango County, Pennsylvania over the summer to power 1,800 mining computers inside shipping containers next to the power plant, NBC News reports. дальше »
2021-9-27 17:51 | |
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Top 5 Energy-Efficient Cryptocurrencies to Invest In
Bitcoin has been scrutinized for its heavy energy consumption all around the world, with China and few companies taking drastic measures. As most of the Bitcoin mining takes place with the help of coal power plants, the carbon footprint it leaves behind is massive. дальше »
2021-8-30 13:39 | |
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Who Needs Coal When You Have Cow Dung? Cryptocurrency Mining Goes Brown
Proof-of-Work (PoW) cryptocurrency mining has been the subject of bad press in recent times. Critics argue that excessive energy consumption, and its use of fossil fuels, are wasteful and causing irreparable damage to the environment. дальше »
2021-6-11 15:00 | |
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Illegal coal extraction in China spurred Bitcoin mining ban
Rising cases of illicit coal extraction played a part in the recent Bitcoin mining ban in China, a report on business outlet Bloomberg said today. The post Illegal coal extraction in China spurred Bitcoin mining ban appeared first on CryptoSlate. дальше »
2021-5-26 13:00 | |
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How Another Chinese Power Outage May Have Led to Bitcoin’s Flash Crash This Week
Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally. Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage. The State Grid in […] дальше »
2021-5-22 05:02 | |
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Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect
This is positive for the crypto industry because Inner Mongolia is China’s second-largest coal producer, and such a move will push Bitcoin miners towards using renewable sources. The post Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect first appeared on BitcoinExchangeGuide. дальше »
2021-5-20 18:09 | |
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$425bn Wiped Off Crypto Market As Musk Says Bitcoin Is Bad For The Environment
Elon Musk has released a statement saying Tesla will no longer accept Bitcoin as payment for its electric vehicles. The firm said the decision was based on the increasing use of coal in Bitcoin mining. дальше »
2021-5-13 15:00 | |
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Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues
Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel. дальше »
2021-5-13 01:47 | |
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China’s Carbon Neutral Stance Puts Pressure on BTC Miners, Sichuan Electricity to Increase 150%
Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%. дальше »
2021-4-24 21:30 | |
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Bitcoin Hash Rate Takes a Hit After a Coal Mining Accident in Northwest China
The hashrate of Bitcoin mining pools has plunged in the past 24 hours. According to BTC. com, Poolin saw the biggest drop of 34. 55% among the top miners, followed by Chinese cryptocurrency exchange Huobi’s Huobi. дальше »
2021-4-17 18:03 | |
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Shark Tank’s Kevin O’Leary Calls Bitcoin “Blood Coin,” says, “Institutions Will Not Buy Coin Mined in China”
Shark Tank’s Kevin O’Leary says he will only buy Bitcoin that is mined sustainably in countries that use clean energy. “I see over the next year or two, two kinds of coins. Blood coin from China, (and) clean coin mined sustainably in countries that use hydroelectricity, not coal,” he told CNBC’s “Capital Connection” on Monday. дальше »
2021-4-6 18:32 | |
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Tesla Investment in Bitcoin Could Mean More Work for Xinjiang Coal Miners
There is a good chance that any new bitcoins generated after Elon Musk boosted the crypto will be sourced using cheap coal power in China’s Xinjiang. Cheap Reserves of Fuels Make the Province Suitable The region, which has risen to prominence in recent years for complaining about harassment of the Uighur Muslim minorities, is alsoRead More дальше »
2021-2-10 00:00 | |
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Власти КНР пообещали ужесточить контроль за нарушениями в финансовой сфере после серии недавних дефолтов среди компаний с госучастием
С начала года объем корпоративных дефолтов достиг 157 млрд юаней ($23,9 млрд), что лишь ненамного уступает рекордному значению показателя, отмеченному по итогам прошлого года (167 млрд юаней). 40% от этой суммы пришлось на долю госпредприятий, в том числе горнодобывающей компании Yongcheng Coal & Electricity Holding Group, производителя микросхем Tsinghua Unigroup и Huachen Automotive Group Holdings […] дальше »
2020-11-24 08:03 | |
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Billionaire Bond Manager Is Canary in Stock Market Coal Mine as Bitcoin Hits Its Stride
Just when you thought it was safe to go back into the stock market, one billionaire bond manager is warning that the other shoe is about to drop. DoubleLine Capital CEO Jeffrey Gundlach reportedly believes that investors are ignoring the warning signals from the economy, with the billionaire asset manager having basically become a canary […] The post Billionaire Bond Manager Is Canary in Stock Market Coal Mine as Bitcoin Hits Its Stride appeared first on BeInCrypto. дальше »
2020-4-28 03:15 | |
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Trump Lied About Saving Coal; He Won’t Rescue U.S. Oil Either
President Trump vowed to save the U.S. oil industry from a brutal price crash. But remember when he promised to rescue American coal? The post Trump Lied About Saving Coal; He Won’t Rescue U.S. Oil Either appeared first on CCN.com дальше »
2020-4-3 21:51 | |
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Bah Humbug! If Bitcoin Bulls Can’t Reclaim $7,800 It’s Coal For Christmas
All bulls want for Christmas this holiday season is to push Bitcoin price higher and prevent a further downtrend back into a full-blown bear market. But unless Bitcoin price can reclaim key support at $7,400, bullish crypto investors are going to have a bad Christmas, according to one crypto analyst. дальше »
2019-12-3 20:00 | |
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В одном из автономных районов Китая ограничат криптовалютный майнинг
Власти Внутренней Монголии решили ограничить криптовалютный майнинг на территории этого автономного района КНР. Об этом сообщает управляющий партнер фирмы Primitive Ventures Дови Ван со ссылкой на местные СМИ. дальше »
2019-9-14 18:13 | |
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The Growing Use Cases of Blockchain in Cannabis
Cannabis is growing the U. S. and Canadian economies as the push for decriminalization moves forward. In fact, as American industries go, its 250,000+ employees far surpassed the 52,300 coal miners in the USA in 2018. дальше »
2019-5-27 22:46 | |
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How Qu’s Industrial History Is Making Way for Bitcoin Mining
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. дальше »
2019-5-24 21:00 | |
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SEC Crypto Mom: ‘Dismissive’ U.S. Regulators Miss the Point of Cryptocurrency
If ever there was a canary in the regulatory coal mine, it’s Crypto Mom. U. S. SEC Commissioner Hester Peirce, who is affectionately known as Crypto Mom by the community, admitted that regulators, who have so far denied a bitcoin ETF, have missed the mark on crypto. дальше »
2019-3-30 15:57 | |
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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. дальше »
2019-3-29 09:26 | |
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Using social media to measure air pollution’s psychological toll
People are less happy on days when the air is more polluted, according to an analysis of 210 million posts on the Chinese social media site Sina Weibo. Researchers have suspected air pollution takes a psychological toll generally, and dirty air due to industrialization, coal burning, and motor vehicles has become a drag on well-being for Chinese city dwellers. дальше »
2019-2-15 11:16 | |
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Christmas Crash: Stock And Crypto Markets Unravel Together
Someone must have been very naughty this week, because Santa has delivered a fresh truckload of coal. Crypto markets have lost $20 billion in total market capitalization over the past 24 hours, putting an end to predictions of a fresh bull run — at least for the moment. дальше »
2018-12-25 20:30 | |
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Bitcoin Price Caps Christmas Cheer as Stock Traders Receive Coal
Bitcoin price fought off a full correction of its recent bull run December 25 as traders fled the “worst” Christmas Eve ever for stock markets. Bitcoin Price Retraces 10 Percent Data from across major exchanges delivered what many had expected for cryptocurrency markets Monday – a reversal of the bullish trend which at one point gave Bitcoin two-week gains of over 35 percent. дальше »
2018-12-25 13:30 | |
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Crypto Holiday Guide: Gifts for Every Bitcoiner on Your Shopping List
The holiday season is here. And even if crypto prices are on the coal heap, you can still have fun spreading some holiday bitcoin cheer. For the bitcoiners in your life, this could mean a crypto-related gift as a token of solidarity. дальше »
2018-12-12 23:22 | |
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India takes the #2 spot in renewable energy, but still relies heavily on coal
For a country as large and in a state of rapid development as India, keeping up with its growing energy requirements is a huge challenge. In this context, it’s commendable that India is investing heavily enough in renewable energy to become the second largest consumer among developing nations, according to a report from BloombergNEF. дальше »
2018-11-28 11:13 | |
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How The XRP Tree Project Is Reducing the Environmental Impact of Ripple Technology
What do you do when you love a blockchain project and also want to preserve the environment? This question has crossed the minds of many crypto enthusiasts who are also aware of the increasing global warming effect brought about by increased carbon emissions from power generating plants (coal and diesel plants). дальше »
2018-11-7 18:13 | |
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McAfee Labs Confirms Cybersecurity’s Worst Nightmares
You already knew this, but let me throw another coal on the fire. Cybercrime is rampant, widespread, indiscriminate, and worst of all–on the rise. That’s not just speculation but confirmed in the McAfee Labs Threat report released yesterday. дальше »
2018-9-26 12:19 | |
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Lynked.World Announces Strategic Partnerships With Four Major Organizations in India
Lynked. World, the blockchain-based technology that allows users to irrefutably verify their personal, educational, and professional backgrounds, has just announced that four elite organizations in India will join dozens of other government and educational intuitions in that country who have adopted the platform. дальше »
2018-9-19 11:30 | |
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