2022-9-19 15:56 |
Ethereum's energy consumption has decreased by almost 99.95%
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Ethereum’s complete transition from PoW to PoS generated different emotions across the crypto community. Ethereum Investors and stakeholders were ecstatic as the Ethereum Merge sought to improve scalability, lower gas fees, and reduced energy consumption among other critical updates.
2022-9-19 19:01 | |
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Critics claimed the Biden administration's reports focused on environmental concerns over crypto's energy consumption and illicit uses rather than the technology's benefits.
2022-9-17 20:15 | |
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The Ethereum Merge was an incredibly anticipated upgrade, with good reason. It not only drastically increased the number of transactions that the network could handle, but it also greatly diminished the energy consumption of the network.
2022-9-16 20:02 | |
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The Ethereum proof-of-stake consensus mechanism will cut energy consumption by a massive 99.95% compared to the proof-of-work system.
2022-9-16 09:45 | |
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Last week regulators worried about the "de-integration" of financial sector and global energy consumption — all because of crypto.
2022-9-13 23:15 | |
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The notable reduction in energy consumption after the Merge may allow some institutional investors to purchase ether (ETH) for the first time.
2022-9-13 14:46 | |
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According to a new White House energy report, Cardano is the one of the largest proof of stake blockchains in the world in terms of electricity consumption and market valuation. This report issued The post White House's eye on Cardano can take ADA in this direction appeared first on AMBCrypto.
2022-9-12 22:30 | |
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Data shows the Bitcoin mining industry consumes slightly less energy in total compared to the video gaming sector. Bitcoin Mining Energy Consumption Stands At 100 TWh Per Year Right Now According to a recent report released by Arcane Research, while the BTC mining energy consumption has grown significantly in recent years, the industry still makes […]
2022-9-4 22:00 | |
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Merge aims to reduce energy consumption of Ethereum by 99.95%
2022-8-29 16:48 | |
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Cardano is also less energy intensive than gold mining or Bitcoin proof of work (PoW)
2022-8-23 14:45 | |
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Bitcoin (BTC) mining’s energy consumption will rise 10x and hit 894 Terawatt-hours (TWh) annually if the flagship crypto’s price reaches $2 million by 2040, according to an Arcane Research report published August 22.
2022-8-23 14:15 | |
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Four members of the U.S. House Committee on Energy and Commerce said they were “deeply concerned” that proof-of-work mining could increase demand for fossil fuels.
2022-8-19 00:32 | |
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The Merge will still reduce the network's energy consumption by an estimated 99.5%.
2022-8-18 19:30 | |
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"The company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas,” said Riot CEO Jason Les.
2022-8-4 20:30 | |
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Lower energy consumption helped the miner generate $9.5 million in power credits.
2022-8-3 17:35 | |
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The European Central Bank (ECB) published a report on July 14 that covered many points related to Bitcoin and Ethereum mining, including energy consumption and Proof-of-Stake (PoS) as an alternative mechanism.
2022-7-30 00:00 | |
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One of the world’s leading crypto, Ethereum, is about to switch to a Proof of Stake (PoS) protocol. It should happen “in the coming months”. The development team expects this transition to reduce the network’s energy consumption by 99.
2022-7-22 21:07 | |
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Democrat members of Congress have called on two federal agencies to take action on Bitcoin mining, citing their energy consumption. The post US Democrats Call for Crypto Mining Crackdown in Letter to Regulators appeared first on BeInCrypto.
2022-7-18 15:00 | |
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Senator Elizabeth Warren has called out the crypto industry yet again. This time, U.S.-based cryptocurrency miners are in her crosshairs. Warren Pushes for Crypto Miner Reporting Requirements Senator Elizabeth Warren...
2022-7-18 14:38 | |
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Gone are the days when crypto mining was the only option to generate passive rewards in exchange for verifying and adding new transactions to the blockchain. It’s a tedious task requiring high energy consumption and an expensive setup.
2022-7-18 21:23 | |
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Powers Combined Even if the crypto market isn't exactly growing in terms of profit, miners it are certainly increasing their energy consumption. The New York Times reported this week that just seven of the biggest Bitcoin mining companies are now using nearly as much electricity as all the homes in Houston combined, meaning that all crypto mining […]
2022-7-20 17:54 | |
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U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives.
2022-7-16 23:44 | |
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The President of Kazakhstan signed a bill to apply a differentiated tax rate based on the energy consumption of crypto miners on July 11. The post Kazakhstan imposes new tax rules on crypto miners appeared first on CryptoSlate.
2022-7-13 15:00 | |
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Bitcoin mining is no longer consuming as much energy as before, according to a Cambridge Bitcoin Electricity Consumption Index report, which shows a 25% decline in energy use since the start of the month.
2022-6-26 16:00 | |
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Cycling home bitcoin miners with peak energy consumption times and capturing their excess heat help make the case for small-scale mining.
2022-6-26 12:00 | |
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Bitcoin, the world’s most popular cryptocurrency, consumes an astounding amount of electricity. But, its energy use depends on a lot of things. After suffering a major collapse this entire month, BTC price has remained so low that it is driving the blockchain’s vast electricity consumption to fall as well.
2022-6-25 17:23 | |
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A report by the Riksbank makes the case for banning Bitcoin mining in Sweden over proof-of-work energy consumption concerns; Bitcoin Twitter was quick to react.
2022-6-11 16:22 | |
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International Monetary Fund (IMF) took a broad step in recommending creating a payment system with eco-friendly practices. It undertook a study on energy consumption based on the consensus mechanisms of different cryptocurrencies in the ecosystem.
2022-6-10 15:00 | |
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An energy team of the White House is drafting a policy recommendations report to address issues concerning cryptocurrency mining’s energy consumption and emissions, according to a report by Bloomberg Law.
2022-6-3 22:00 | |
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A White House task force is currently examining the advantages and disadvantages of cryptocurrency mining with the aim of providing the Biden administration with appropriate policy recommendations. Appropriate Policy Responses...
2022-6-3 21:53 | |
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The Biden administration is reportedly crafting policies intended to lower energy consumption and emissions from bitcoin mining.
2022-6-3 16:46 | |
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According to Interfax News Agency, the deputy head of the ministry of industry and trade, Vasily Shpak has given Russia’s unambiguous position on the regulation of Crypto Mining, during a speech at the United Russia discussion platform.
2022-6-2 20:40 | |
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CFTC Chair Rostin Behnam believes that the industry should move to proof-of-stake in order to reduce power consumption
2022-5-19 09:06 | |
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Sam Bankman-Fried, the Billionaire founder and CEO of crypto exchange FTX, believes that Bitcoin has no future as a payment network. Sam Bankman-Fried Thinks Bitcoin Isn’t A Payment Network He attacked the proof-of-work algorithm’s high energy consumption, arguing it couldn’t handle millions of transactions per second.
2022-5-17 15:54 | |
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Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX, said in a recent interview with the Financial Times that he does not think Bitcoin has a future as a payment network. SBF continued that the environmental impact of Bitcoin mining, alongside the fact that the coin is “inefficient,” would count against it […] The post SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption appeared first on CryptoSlate.
2022-5-16 18:40 | |
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Kazakhstan has imposed new reporting requirements that seek to determine the energy consumption rate by crypto miners. The post Kazakhstan imposes strict energy consumption reporting requirements on crypto miners appeared first on CryptoSlate.
2022-5-5 19:10 | |
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The Wikimedia Foundation (WMF) has announced it will stop accepting crypto donations citing environmental concerns. The post Wikimedia Halts Crypto Donations Due to Fears Over Energy Consumption appeared first on BeInCrypto.
2022-5-2 13:30 | |
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Headlines and deep dives on the staggering levels of crypto energy consumption — among some blockchains in particular — have put the industry under a spotlight. As crypto continues to become more mainstream and new applications utilizing this technology gain popularity, crypto’s carbon footprint threatens to continue accelerating.
2022-4-22 01:20 | |
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Kiwi tech entrepreneur Daniel Batten has an intriguing thesis. He sees Bitcoin as an unexpected superhero - his view is that Bitcoin mining can drive us to 70% renewables-based energy consumption by 2030.
2022-4-22 01:00 | |
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When talking to people about cryptocurrencies, one of the top things people mention is… The post Global air conditioning consumes 16 times the amount of electricity as Bitcoin – Deep Dive on Bitcoin’s energy consumption appeared first on Coin Journal.
2022-3-25 21:41 | |
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European regulators touched upon crypto volatility, misleading ads, regulatory uncertainty, energy consumption and other issues in a recent warning
2022-3-18 17:27 | |
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In this episode of the "Bitcoin Bottom Line" podcast, the host and guest discuss how Bitcoin relates to farming, energy and more.
2022-3-4 07:30 | |
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Polkadot DOT/USD is a protocol developed as a means of connecting blockchain networks, allowing value as well as data to be sent across previously incompatible networks. The DOT is the native cryptocurrency token that’s used for staking as well as governance.
2022-2-9 16:13 | |
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Researchers recently reported that Bitcoin mining has a shocking energy consumption level that is comparable to a medium-sized country. Blockchain is the most booming technology of our time, with implementation across various industries such as health care, supply chain management, games and entertainment, and so on.
2022-2-4 20:52 | |
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Bitcoin mining now appears highly sustainable in terms of energy consumption contrary to previous criticisms, with the latest data from the Bitcoin Mining Council showing that as much as 46% of miners were using efficient power sources and methods of mining the cryptocurrency by the last day of 2021. Based on data collected by the […]
2022-1-24 00:24 | |
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Today, Proof-Of-Work mining’s environmental impact is the topic at hand in the U.S. Congress. The House Energy and Commerce Committee is probably debating the subject right this minute. Will they use sources from both sides of the debate or will they rely on the sensationalist reports that have the world up in arms? Can we […]
2022-1-21 21:59 | |
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According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites.
2022-1-10 23:15 | |
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For a very long time, Bitcoin’s energy consumption has been used as a whip by many critics of the asset who believe that the amount of energy used in mining new units of the coin could impact the environment negatively.
2022-1-4 14:30 | |
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While detractors often cite Bitcoin’s energy consumption as a negative, this doesn’t automatically imply environmental impact.
2021-12-30 00:45 | |
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