2020-10-1 13:21 |
The use of renewable energy for cryptocurrency mining has seen considerable growth, according to a new report.
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The international energy company, Equinor plans to repurpose gas flaring from U.S oil fields to support Bitcoin (BTC) mining, according to a new report from Arcane, a cryptocurrency market research huThe post Equinor to support Bitcoin mining in US with repurposed natural gas appeared first on AMBCrypto.
2020-8-29 21:22 | |
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Equinor will use digital flare mitigation tech from Crusoe Energy at its Bakken oilfield operations in the U.S.
2020-8-28 18:04 | |
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Financial services, healthcare, and energy are the primary focus industries for blockchain development in Europe. Ethereum, the second-largest network by market capitalization, is the base layer for almost a third of decentralized ledger technology (DLT) startups coming out of Europe.
2020-7-4 23:30 | |
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Power Ledger, a blockchain startup focusing on energy conservation through blockchain and based out of Australia, recently concluded its trial run for a blockchain P2P project for solar energy trading and released a report for the same suggesting the trail was a success.
2020-6-22 21:34 | |
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Power Ledger (POWR), an Australian blockchain-powered energy trading firm founded in 2016, has conducted a solar energy trading trial in collaboration with the Australian government and found out that distributed ledger technology (DLT) based P2P energy trading helps consumers slash costs, according to reports on June 22, 2020.
2020-6-22 15:07 | |
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A solar energy trading trial run by blockchain startup Power Ledger has found its initiative to be "technically feasible."
2020-6-22 08:06 | |
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Bitcoin “markets effectively priced in a 25% decline in the amount spent on energy per day,” says the “Global Markets Strategy: Flows & Liquidity” report by JPMorgan & Chase Co. published on March 22, 2020.
2020-5-26 17:57 | |
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Australian energy trading software firm and blockchain project Power Ledger has inked a deal with the Thai Digital Energy Development (TDED) to launch a digital energy trading business in Thailand. This, according to a report by iTWire, May 25, 2020.
2020-5-26 13:00 | |
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According to a report by Iran-based news site ArzDigital, Iranian President Hassan Rouhani has directed the national government to chalk a new strategy for cryptocurrency mining. Iranian President Calls for Clear Crypto Mining Strategy Earlier this week, Iran President Rouhani instructed the officials from the Central Bank of Iran (CBI), energy department and information andRead MoreRead More.
2020-5-23 13:07 | |
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Bitcoin mining is widely considered to be harmful for our planet’s ecosystem. A new report by Coin Shares tells a different tale, as most of the mining efforts hinge on renewable energy sources.
2020-5-7 01:00 | |
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Tech giant Microsoft has patented a new crypto mining solution that uses human bodily activity data to reward people with digital currency when they perform certain tasks. The firm says the new system aims to reduce computational energy consumed during mining while also making the mining process faster, according to a report released April 6,Read MoreRead More.
2020-4-8 01:00 | |
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According to March 30, 2020, report by Chinese media outlet Shine, the Shanghai Gas Group – with aid from VeChain (VET) – has successfully completed the first phase of a liquefied natural gas (LNG) blockchain project that aims to foster data sharing and intelligent cooperating in the energy industry.
2020-4-1 11:00 | |
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Modern digital companies require more and more energy, which contributes to the global rise of carbon emissions
2020-3-31 17:56 | |
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Despite the efficiency improvements that BTC mining hardware has experienced over the years, Bitcoin’s electricity consumption is on the rise, according to a recent report. Bitcoin’s energy consumption ‘is on par with Czech Republic’ Bitcoin miners are usually described as the backbone of the Bitcoin network.
2020-2-6 21:00 | |
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Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie
2019-9-7 21:40 | |
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According to an all new report released on the 9th of August, the CRS (Congressional Research Service) has been examining, in detail, the advantages and disadvantages that come with exploring blockchain technology — especially in relation to the energy sector.
2019-8-13 16:59 | |
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The US Congressional Research Service has released a report titled "Bitcoin, Blockchain, and the Energy Sector" that details the current state of energy consumption related to crypto mining and explores the possibility of integrating blockchain tech into current energy systems.
2019-8-13 00:53 | |
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Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019.
2019-8-9 17:00 | |
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Mark “Bomber” Thompson, a former premiership coach in the Australian Football League (AFL), has admitted to abusing drugs and trading cryptocurrency. According to Thompson, quitting professional football made him depressed, so he channeled all his energy into high-risk crypto speculation, reports SMH on June 26, 2019.
2019-6-28 13:00 | |
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Authorities in Iran have seized around 1,000 Bitcoin mining machines from two abandoned factories, according to Reuters. The report hasn’t stated what cryptocurrency was being mined, or for how long the farm had been operating.
2019-6-28 11:41 | |
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A report by CoinShares is providing new insight into the state of the bitcoin mining industry. Among one of the most interesting findings in the paper is that the global bitcoin mining sector is largely environmentally friendly due to the widespread use of renewable energy.
2019-6-16 16:00 | |
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Bitcoin (BTC) is the most popular virtual currency in the world, but there are some critics that complain that it is contributing to climate change. In order for Bitcoin to operate it needs miners to confirm transactions with ASIC hardware.
2019-6-15 18:56 | |
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Bitcoin miners actively use renewable energy sources. More than 74% of mined bitcoins were created using environmentally friendly energy resources.
2019-6-14 13:56 | |
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The concept of Bitcoin [BTC] mining has always been looked at like an evil spawn by many mainstream industries and its proponents. But a new report from Coinshares has quashed that notion by stating that 74 percent of the world’s BTC mining operations were driven by renewable energy.
2019-6-9 19:30 | |
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A report into Bitcoin mining has determined that Bitcoin is not the environmental disaster it is often painted as in the media. It turns out that the sophisticated computer units securing the network are mostly being powered by clean, renewable energy.
2019-6-8 02:00 | |
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There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored.
2019-6-7 18:22 | |
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The latest report from CoinShares shows that renewable energy powers the vast majority of the Bitcoin mining network contrary to the “ocean boiling narrative. ” Bitcoin Mining Uses Mostly Clean Energy In its third bi-annual mining report, CoinShares revealed that clean energy sources powered more than 74% of the Bitcoin mining network.
2019-6-7 18:00 | |
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Crypto treasury management firm, CoinShares publishes a report in which it noted Bitcoin Mining using mostly renewable energy. Analysts have been criticizing the energy-intensive proof-of-work (PoW) the -based process of bitcoin mining – as they've pointed out that it's not eco-friendly.
2019-6-7 17:45 | |
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One of the most commonly repeated criticisms of Bitcoin is its energy consumption. It seems that every few months, some new report is penned stating that Bitcoin uses the same amount of electricity as an ever larger country.
2019-6-1 00:00 | |
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The major dapp and smart contract ecosystem Tron is taking giant steps to move the platform to higher heights. In its last weekly report, the Tron team announced that the test of the block broadcast optimization solution, and the optimization solution for energy deduction in transaction failure. The team also reported the launch of new […]
2019-5-21 03:24 | |
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Tron, the eleventh largest cryptocurrency on CoinMarketCap, has been struggling against a bear attack for the past few weeks. However, the recent price pump provided the coin with some marginal growth.
2019-5-13 18:30 | |
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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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It is the most important industry in the world. Energy. We need it. Without it, nothing works. Without the oil producers and refiners, there’s no petrol to fuel our cars. Without power plans and the supporting infrastructure, there’s no electricity to keep the lights on.
2019-4-16 22:50 | |
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They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.
2019-4-17 20:52 | |
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This article was originally published by 8btc and written by Chloe Jiang. Bitmain, the world’s largest bitcoin miner manufacturer, has announced specifications for its Antminer 17 series machines, which will be globally available on April 9, 2019.
2019-4-9 20:14 | |
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A little over a month after being released from prison for his involvement in one of the grandest corporate scandals in history, Jeffrey Skilling, the former chief executive of collapsed U. S. energy giant Enron is reportedly eyeing the blockchain sector, according to the Wall Street Journal report.
2019-3-27 16:47 | |
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CISCO’s Austin McBride delivered a shocking report at this week’s RSA Conference in San Francisco which claims that 22% of all crypto mining traffic comes from college campuses. Perhaps more interesting, CISCO found that 62% of all crypto mining traffic comes from the US.
2019-3-7 20:56 | |
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According to a recent report from the Intergovernmental Panel on Climate Change, the human race has just 12 years to curb carbon emissions before climate change becomes an irreversible, catastrophic event.
2019-3-4 01:20 | |
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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 | |
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The former Energy Minister Igor Yusufov is proposing an oil-backed crypto, and the Russian State Duma reportedly plans to review and adopt new cryptocurrency regulation in March
2019-2-24 19:32 | |
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A recent report states that the blockchain in energy utilities market will grow 60 percent by 2024, reaching $3.46 billion
2019-2-16 02:13 | |
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Using its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.
2019-1-29 11:08 | |
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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 | |
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The latest version of Coinshares’s bi-annual bitcoin mining report is now available, and it includes some fascinating conclusions in terms of the types of energy sources involved in the bitcoin mining process.
2018-12-3 20:38 | |
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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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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 | |
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A new report from CoinShares into Bitcoin mining suggests the practice is likely loss-making for the majority of miners at current prices. Average Miner ‘Running At A Loss’ In a ‘whitepaper’ which received high praise from cryptocurrency figures, CoinShares examined various facets of mining, which has seen increased prominence in recent weeks as Bitcoin price dropped to lows of $3500.
2018-12-1 00:00 | |
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Envion, a Switzerland-based startup that claims to make use of renewable energy in providing off-grid cryptocurrency mining, has reportedly been shut down by the cantonal court of Zug, in crypto-friendly Switzerland following an alleged illegal initial coin offering (ICO), according to a Handelsblatt Global report on November 28, 2018.
2018-11-30 18:00 | |
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One of the chinks in the armor of blockchain technology is its intensive energy consumption. However, a report by Harvard Business Review, published November 27, 2018, sheds light on some of the lesser, and even nil, energy-consuming alternatives that can pave the way for DLT to be the global disruptor as it is often deemed to be.
2018-11-28 20:00 | |
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A majority of that stash, or nearly 30,400 BTC, was sent to “1FG2C…Rveoy” and 2,000 BTC was moved to “15gNR…a8Aok” after first being sent to a Mt. Gox cold wallet.
This move may accelerate institutional crypto adoption, influencing global investment strategies and potentially reshaping traditional portfolios. The post First UK pension fund invests 3% of assets to Bitcoin appeared first on Crypto Briefing.
Digital asset investment products saw inflows of $2. 2 billion last week, bringing total inflows this year to a record-breaking $29. 2 billion, according to CoinShares‘ latest report. The strong performance, coupled with recent Bitcoin price increases around $70,000, lifted the sector’s total assets under management (AuM) above $100 billion for only the second time.
This initiative could enhance grid stability and promote renewable energy integration, potentially setting a precedent for energy management innovation. The post Europe’s largest telecom provider to pilot Bitcoin mining using surplus renewable energy appeared first on Crypto Briefing.
In new findings by blockchain analyst ZachXBT, the crypto community faces a new wave of market manipulation schemes allegedly orchestrated by a figure named “Zopp0.” The report reveals how Zopp0, behind projects like SCALE, NTD, TPU, and OPSEC, exploited the influence of high-profile social media personalities to promote unverified projects, masking the lack of technical […]
KYVE Network has emerged as the top gainer as per the latest data with its 340% surge in the last 24 hours. According to the latest data from CoinGecko, KYVE has shot up from a 24-hour low of $0.01307 to…
The Binance Coin (BNB) token retreated for five consecutive days even as the network executed another big burn. It retreated from a high of $611. 4 on Oct. 29 to a low of $562, its lowest point since Oct.