2023-7-27 19:00 |
It's all about solving "the duck curve" problem on the grid. This op-ed is part of CoinDesk's Mining Week. origin »
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Seven Democrats are asking Texas grid operator how bitcoin mining is impacting the state.
2022-10-13 19:55 | |
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Texas was once seen as Canaan for miners fleeing troubled times in China, but 12 months down the line, the fairy tale has turned into a nightmare for some mining companies.
2022-9-2 22:29 | |
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The new era for mining in the state might look more like a slog than a boom – but it could also be better for the electric grid.
2022-8-30 23:00 | |
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Some miners are earning more selling power back to the grid than through mining bitcoin.
2022-8-26 03:49 | |
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Some miners are earning more selling power back to the grid than through mining bitcoin.
2022-8-26 03:49 | |
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The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator.
2022-8-6 00:32 | |
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New amendments recently signed by the country’s president could bolster the energy grid refit while keeping overall prices relatively moderate.
2022-8-3 16:07 | |
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Bitcoin miners are cooperating with Texan authorities to help alleviate the states energy grid in anticipation of a heatwave; over 1,000 megawatts worth of power allocated for Bitcoin mining is...
2022-7-12 21:57 | |
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For the first time since 2020, Ethereum mining has become unprofitable for many miners connected to a traditional energy grid. The post Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm appeared first on CryptoSlate.
2022-6-14 05:45 | |
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Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector.
2022-6-11 00:30 | |
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Bitcoin strengthens the grid due to the incentivization of energy production. It supports the people who need electricity and miners as buyers of last resort.
2022-4-19 20:00 | |
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Bitcoin enables mining utilities to engage in agreements that are mutually beneficial to miners and the electricity grid.
2022-3-13 01:00 | |
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“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.”...
2022-2-9 17:58 | |
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As a massive winter storm hits Texas, Bitcoin (BTC/USD) mining companies in the state have started shutting down operations to help ease the strain on the state’s hard-pressed electric grid.
2022-2-5 00:27 | |
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2022 Texas gubernatorial elections have become a race for promising Bitcoin (BTC) adoption by several candidates. Republicans Don Huffines, Allen West, and the current governor Greg Abbott have all jumped in to offer voters policies like making Bitcoin a legal tender, using Bitcoin mining to bolster the power grid, leading the world in leveraging Bitcoin […]
2022-2-1 02:59 | |
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A holy oath was taken to try to ensure the region’s power grid would work at its most efficient level, as crypto miners are blamed for drawing off too much juice.
2022-1-19 04:44 | |
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Iran has yet again issued an order to shutdown the authorized cryptocurrency mining centers to ease the strain on the country’s power plants and avoid a blackout, said Mostafa Rajabi Mashhadi, director of the state-run Iran Grid Management Co.
2021-12-29 19:08 | |
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A lot has happened in the Bitcoin space, from mining crackdowns to new all-time highs to market crashes. Out of all of these have come some very interesting takes on how Bitcoin and crypto, in general, are affecting the day-to-day lives of individuals.
2021-12-7 23:30 | |
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The power grid company of Kazakhstan, KEGOC, announced that it is limiting the supply of electricity to 50 registered mining companies due to a sharp surge in energy consumption in the country.
2021-12-6 13:36 | |
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Houston-based tech company Lancium enables Texas’ grid to dial power demand up and down through bitcoin mining.
2021-11-24 01:22 | |
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While the state is eager to become the global hub for Bitcoin mining operations, residents are concerned that the power grid will not be able to handle the load.
2021-11-23 07:01 | |
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Kazakhstan is struggling to meet its growing energy needs, now that crypto mining is booming in the Central Asian country. The post Crypto Mining Pushing Kazakhstan Energy Grid to the Limit appeared first on BeInCrypto.
2021-11-10 20:12 | |
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As Chinese miners migrate to Kazakhstan, this poses capacity challenges to the Kazakhstan grid, which could be supplemented by the Kremlin’s state-owned utility Inter RAO in the near future The post Increased Mining Operations in Kazakhstan Causing Power Deficit appeared first on BeInCrypto.
2021-10-31 15:23 | |
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Comments from Senator Ted Cruz underscore the potential that Bitcoin mining has to integrate with the Texas energy grid in a transformative way.
2021-10-29 17:03 | |
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Senator Cruz predicts that Bitcoin mining will be used to capture wasted renewables and Texas’ power grid within five years.
2021-10-11 09:07 | |
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The extreme heat of the summer has subsided, so crypto mining has been given the green light, as it can no longer be blamed for stressing the electricity grid.
2021-10-2 08:08 | |
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Missouri's largest utility, with 1.2 million customers, is mining bitcoin to better match demand and manage variability on the grid.
2021-9-25 22:16 | |
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The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so far.
2021-7-11 00:30 | |
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On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins.
2021-7-9 23:00 | |
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An historic renewable energy facility in New York has tripled its profits by mining Bitcoin.
2021-7-10 06:17 | |
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Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices from the grid and fined an operator.
2021-6-16 15:30 | |
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Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing thousands of pounds in the […]
2021-5-31 07:00 | |
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Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities.
2021-5-27 23:00 | |
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Iran, which required bitcoin miners to obtain official authorization in the country, has now reportedly banned the practice.
2021-5-27 19:30 | |
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Iran has become the latest country to ban Bitcoin mining, albeit for select people. Apparently, the Iranian government has decided to stop its citizens from mining Bitcoin in their homes. According to the government, household mining has been exerting too much pressure on the already burdened national electric grid. The Ministry of Energy has issued […]
2021-5-19 21:14 | |
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By using energy to validate transactions in a way that is independent of any existing grid or source, Bitcoin mining will save the climate.
2021-3-26 20:10 | |
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The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution.
2021-1-7 20:43 | |
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Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says.
2020-6-8 12:00 | |
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Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies.
2019-12-28 23:05 | |
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The Iranian government is cracking down on bitcoin mining operations after claims that mining operations were destabilizing the power grid and affecting electrical access for households and businesses.
2019-6-29 00:19 | |
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On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media.
2019-6-27 20:45 | |
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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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The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy.
2019-5-31 16:50 | |
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This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.
2019-5-31 20:14 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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Authorities in Abkhazia have cut off 15 mining facilities from the territory’s electrical grid. The short-term measure is meant to alleviate power shortages during the cold winter months. The operators of the farms have fully cooperated with the local electric utility.
2019-1-2 21:40 | |
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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 tiny Republic of Abkhazia has high hopes that cryptocurrency mining and operations could be its solution to economic woes. But the rickety ex-Soviet electricity network is already at capacity, leaving risks of blackouts if a cold snap hits.
2018-12-20 10:00 | |
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Soluna, a blockchain company began plans to create a 900-megawatt wind farm with the aim of generating power for a computer center in Dakhla in the Morocco-administered Western Sahara Desert. Initial work on the facility will begin in 2019.
2018-8-11 17:00 | |
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Due to substantial energy demand, cryptocurrency mining businesses face scrutiny from both government bodies and utility departments. However, a Canadian mining venture is taking a unique path to prevent such backlash – by constructing its own electrical grid – as per reports on August 1, 2018.
2018-8-5 06:00 | |
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With institutions like BlackRock, Fidelity and Ark Investments all seeking SEC approval for Bitcoin ETFs, it's time to thank Bitcoin miners for laying the groundwork for industry expansion.
Machine efficiency and low cost of power are key to surviving the bitcoin halving.
Publicly-traded miners are prone to pursue marketing stunts as a way to raise their stock prices. Press releases about AI and HPC initiatives are the latest examples. This op-ed is part of CoinDesk's Mining Week.
The world’s biggest bitcoin mine has drawn the ire of some local residents concerned with Bitcoin's community impact.
Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels.
Though the Bitcoin halving will reduce rewards for miners, the prospects for the industry remain bright and innovations like Ordinals promise more demand for miner services in the future.