2023-8-29 00:00 |
New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
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A report from CarbonChain shows that Gryphon Digital Assets is mining bitcoin with hydroelectric power, producing zero carbon emissions.
Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said.
Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin.
CleanSpark partnered with Sustainable Bitcoin Standard to deliver certificates authenticating that bitcoin was mined with renewable energy.
CleanSpark closed a $35 million, non-dilutive financing deal by collateralizing over 3,000 miners with a 9.9% interest rate to fuel growth expenditures.
In the fourth survey about crypto adoption ran in Norway by Arcane Research and Ernst & Young (EY) in 2018, they find that the industry is booming in the country with the levels of ownership that have doubled from 5% to 10%.