Research: altcoins account for a third of total electricity mining consumption

Research: altcoins account for a third of total electricity mining consumption
фото показано с : coinfox.info

2020-8-9 23:10

Scientists at the Technical University of Munich examined the energy consumption data of the 20 largest cryptocurrencies by market capitalization and concluded that altcoin mining also has a significant impact on the environment.

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Источник: coinfox.info

mining consumption → Результатов: 106


Venezuela Bans Crypto Mining At Government Provided Housing Due to Energy Demands

The Venezuelan government outlaws mining of Bitcoins (BTC) in any state-owned public housing projects due to ‘high electricity consumption’ and ‘disruption of the national grid supply. ’ However, a group of critics on the moving state the problems facing electricity in the country are inherent to the government’s negligence.

2020-7-20 17:00


CEO Ripple осудил биткоин и Ethereum за неэкологичный майнинг

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


Mainstream media has misled vulnerable users on the environmental impact of crypto-mining

Crypto’s mainstream adoption has not only unleashed a new paradigm for global finance, but also raised a fresh set of concerns for its sub-ecosystem, crypto-mining. In order to uncover the truth behind the impact of digital mining, Peter McCormack interviewed University of Cambridge’s Michel Rauchs to discuss the institution’s research on Bitcoin’s power consumption and carbon […] The post Mainstream media has misled vulnerable users on the environmental impact of crypto-mining appeared first on AMBCrypto.

2019-7-18 05:30


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Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners

Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid.

2019-6-26 00:30


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Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’

The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain.

2019-5-1 17:15


Dago Mining ICO

Green energy for bitcoins, ethereum, and other cryptomonetes mining. Dago Mining has one initial cost and zero cost on consumption. The cost of the energy component gives profitability to mining. We create our own green renewable energy power plant and we will not have any future energy cost increase.

2019-4-15 06:03


Фото:

[UPDATE: Possible Scam] – Endothermic Mining Rigs Unveiled By Luxembourg Startup

UPDATE: After receiving some feedback from our readers, we found significant evidence that the OnMiners company is likely a scam. We will have more details shortly.   OnMiners S. A. is launching a new generation of endothermic cryptocurrency mining rigs that promise high power but low energy consumption while reducing heat and noise generation.

2019-3-20 22:00


Фото:

‘Game-Changing’ Endothermic Mining Rigs Unveiled By Luxembourg Startup

OnMiners S. A. is launching a new generation of endothermic cryptocurrency mining rigs that promise high power but low energy consumption while reducing heat and noise generation. Lowering Mining Costs with Endothermic Chips New companies and new technologies are entering the crypto mining space with the aim of lowering costs and energy consumption.

2019-3-19 22:00


Michael Dubrovsky Explains What Optical Proof-of-Work (PoWx Algorithm) Is

In a recent blog post, Michael Dubrovsky, the founder of PoWx, explains how the Optical Proof-of-Work (oPoW) works and how it can help Bitcoin (BTC) scale and reduce energy consumption. At the moment, Proof-of-Work (PoW) activities to secure the Bitcoin network require a lot of energy to power the ASIC mining hardware. This is something […]

2019-1-28 23:19


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