Texas provides Riot $31.7m to halt Bitcoin mining amidst energy crisis

Texas provides Riot $31.7m to halt Bitcoin mining amidst energy crisis
фото показано с : Cripyo.news

2023-9-9 22:06

Texas Bitcoin miners have cut back 90% of their operations during the energy crisis after the state offered $31.7 million in energy credits.  Amid an escalating power crisis driven by extreme weather conditions, Texas has turned to an unlikely ally… origin »

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energy crisis texas bitcoin escalating driven provides

Источник: Cripyo.news

energy crisis → Результатов: 52


Drowning In Complexity: Bitcoin Miners Submerged By Soaring Mining Difficulty

Bitcoin miners face mounting challenges as the difficulty adjustment in Bitcoin (BTC) mining continues to impact profitability and an energy crisis disrupts operations.   Created by Satoshi Nakamoto, the difficulty adjustment protocol aims to maintain an average interval of 10 minutes between new blocks, affecting the mining process and costs.

2023-8-10 12:50


Amid Electricity Shortages, Kosovo Government Places Ban On Crypto Mining

Kosovo has banned crypto mining on Tuesday in an effort to reduce electricity use as the country grapples with its worst energy crisis in a decade as a result of electricity disruptions. Kosovo Bans Crypto Mining Operations Due to electricity shortages during the winter season, the government of Kosovo has decided to stop crypto mining in the country.

2022-1-5 22:14


Фото:

Jack Dorsey Not Having It With Sen. Elizabeth Warren’s Negative Comment On Bitcoin

The debate on Bitcoin’s mining energy consumption doesn’t seem to be ending any time soon. Elizabeth Warren, the Massachusetts US senator has joined the conversation, saying that one of the easiest and least disruptive things “we can do” to fight the Climate Crisis is to crack down on “environmentally wasteful” decentralized cryptocurrencies like Bitcoin. She says cryptocurrencies […]

2021-6-13 00:31


Фото:

Is Ripple Behind Most of the Bitcoin Energy Usage FUD? CoinShares’ Meltem Demirors Thinks So

The Bitcoin market hasn’t been a pretty sight of late. The top cryptocurrency seems to be struggling to beat back the bears as price take a hit after another. Notably, this crisis started when Tesla’s Elon Musk launched a scathing attack on BTC on account of the network’s massive power consumption. Elon’s company went on […]

2021-5-24 11:17


Flying cars could cut emissions, replace planes, and reduce traffic – but not soon enough

When Chitty Chitty Bang Bang was released 50 years ago, flying cars were a flight of fancy. Now, these futuristic vehicles are entering the outer fringes of reality. According to a new study published in Nature, for some journeys flying cars could eventually be greener than even electric road cars, cutting emissions while also reducing traffic on increasingly busy roads.

2019-4-18 16:35


Фото:

Xprize winning air-water conversion device leaves us thirsty for more

On October 22, the Skysource/Skywater alliance won the ‘Water Abundance Xprize’ and a reward of $1. 5 million for its device that could extract water from atmospheric moisture. While some news reports claimed that the device could solve the world’s water crisis, hydrologists and water conservationists caution that this isn’t a silver bullet solution.

2018-11-5 19:58


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