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Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm
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. дальше »
2022-6-14 05:45 | |
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Nairobi Based KenGen Allows Bitcoin Miners To Take Benefit From Renewable Energy
Bitcoin miners might soon flood to Nairobi to utilize the geothermal power available for them right now. An energy company makes this power source available and urges miners to purchase it. KenGen operates a renewable energy facility in Olkaria, Nairobi. дальше »
2022-6-4 19:00 | |
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Miners utilizing Norway’s renewable energy to reduce Bitcoin’s carbon footprint
Bitcoin miners in Norway run their operations solely on renewable energy thanks to the country’s climate-conscious industry, according to a report by Arcane Research. The post Miners utilizing Norway’s renewable energy to reduce Bitcoin’s carbon footprint appeared first on CryptoSlate. дальше »
2022-4-7 16:15 | |
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EU’s ‘Bitcoin Ban’ Fell Short but Experts Still Have Ideas for Fixing Crypto’s Carbon Costs
Projects like Filecoin Green and Zero Labs see crypto’s opportunity to drive major demand for renewable energy, while using blockchain tech to measure greener grids. But will big miners bite? дальше »
2022-3-16 21:46 | |
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Dispatch From Georgia: Why Is This Small, Former Soviet Country So Popular For Bitcoin Mining?
Bitcoin miners have an outsized presence in Georgia, but what’s so special about the country’s attitude, energy mix and regulatory environment? дальше »
2022-2-25 16:00 | |
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Another Bitcoin Blow As 2nd Largest Crypto Mining Nation, Kazakhstan Cuts Off Mining Energy Supply Till February
Kazakhstan officially shuts down energy for Bitcoin miners till February. The oil-rich nation is struggling to keep up with energy demands as BTC hash rate drops. Kazakhstan may stall bitcoins’ slow recovery with its shut down on mining activities. дальше »
2022-1-26 23:53 | |
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46% Bitcoin miners employ renewable energy sources to mine Bitcoin: BMC
Bitcoin Mining Council (BMC), recently announced the results from its quarter fourth survey highlighting how Bitcoin mining is steadily adopting sustainable power usage. The post 46% Bitcoin miners employ renewable energy sources to mine Bitcoin: BMC appeared first on CryptoSlate. дальше »
2022-1-25 22:00 | |
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46% Of Bitcoin Mining Network Now Use Sustainable Energy, Confirms Bitcoin Council
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 […] дальше »
2022-1-24 00:24 | |
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Bitcoin mining gear hits the market in Kosovo as government announces temporary mining ban
From human conflict to energy crunches, a whole host of factors can trigger major panic and sell-offs in the crypto sector. While all eyes were on Kazakhstan's Bitcoin miners, another country is now pThe post Bitcoin mining gear hits the market in Kosovo as government announces temporary mining ban appeared first on AMBCrypto. дальше »
2022-1-16 18:00 | |
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This lawmaker thinks Spain can lure miners from protest-stricken Kazakhstan
China’s crackdown on crypto mining sent local miners on a global hunt for places to host their machines. Factors like lead times to build out hosting sites, energy and labor costs, tax regimes, climThe post This lawmaker thinks Spain can lure miners from protest-stricken Kazakhstan appeared first on AMBCrypto. дальше »
2022-1-8 13:30 | |
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Illegal Bitcoin Miners In Russia Could Face Jail Time, Says Russian Parliamentarian
The spotlight on crypto regulations shifts to Russia as government officials seek to punish illegal miners and other offenders with new legislation. High energy consumption of bitcoin miners and its effect on the national grid has been cited by Andrey Lugovoy as his party pushes for the bill. дальше »
2021-12-19 09:51 | |
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Ripple’s Co-Founder Comes Up With A Genius Way To Solve Bitcoin’s Energy Consumption Process
Ripple’s co-founder wants Bitcoin to move toward a low-energy consensus algorithm to be environmentally safe. His theory involves taking a snapshot of the current hash rate of miners and rewarding them on a pro-rata basis. дальше »
2021-12-13 11:03 | |
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'Ditching' PoW will benefit miners per 'least disruptive' solution by Ripple's Chris Larsen
Mining for Bitcoin is a highly intensive process. It involves heavy computing to verify transactions. The energy demand for mining Bitcoin has grown significantly since 2013. As of 10 December, it reaThe post 'Ditching' PoW will benefit miners per 'least disruptive' solution by Ripple's Chris Larsen appeared first on AMBCrypto. дальше »
2021-12-11 00:30 | |
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Largest electricity supplier in Siberia sues 85 illegal miners
Russian energy company Irkutskenergosbyt is demanding 73.3 million rubles ($1 million) from the owners of illegal mining farms, located in private houses. The company has already received nine court decisions for 18.7 million rubles. дальше »
2021-12-14 22:49 | |
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Mining and Bitcoin Circulation
Is it profitable to mine cryptocurrency if the cost of energy is higher than profit? Many miners are moving to the USA, Canada, Russia, and the Scandinavian countries, where the cold climate makes it possible to lower the cost of BTC mining. дальше »
2021-12-8 09:00 | |
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Miners’ Electricity Applications Rejected by Icelandic Utility as Supplies Dwindle
It seems like the days of Iceland’s reputation as an energy-rich and politically-favorable crypto mining location are coming to an end, as surplus energy supplies dwindle. The post Miners’ Electricity Applications Rejected by Icelandic Utility as Supplies Dwindle appeared first on BeInCrypto. дальше »
2021-12-7 21:56 | |
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Kazakhstan struggles to accommodate new Bitcoin miners amid energy crisis
Following a harsh clampdown imposed by China on Bitcoin-related transactions, the exiled miners from China found refuge in Kazakhstan to mine Bitcoin without excessive government intervention. The post Kazakhstan struggles to accommodate new Bitcoin miners amid energy crisis appeared first on CryptoSlate. дальше »
2021-11-13 20:00 | |
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Kazakhstan to Crack Down on “Grey” Crypto Miners, Sweden’s State-owned Power Company Counters FSA’s Mining Ban
Kazakhstan government plans to crack down on unregistered “grey” miners who are consuming twice as much power as “white” or registered miners. “I think we will have the directive (limiting power to unregistered miners) issued before the end of this year because this issue cannot be delayed any longer,” said Deputy Energy Minister Murat Zhurebekov. дальше »
2021-11-11 20:20 | |
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Swedish Financial Supervisory Authority Calls For An EU-Wide Ban on Cryptocurrency Mining
Finansinspektionen, the Swedish financial supervisory authority, has called for a ban on cryptocurrency mining due to crypto-assets, citing them to be a threat to the climate. “Sweden needs the renewable energy targeted by crypto assets by crypto-asset producers for the climate transition of our essential services, and increased use by miners threatens our ability to […] The post Swedish Financial Supervisory Authority Calls For An EU-Wide Ban on Cryptocurrency Mining first appeared on BitcoinExchangeGuide. дальше »
2021-11-6 16:57 | |
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Miners Are The Optimal Buyers: The Data Behind Bitcoin-Led Decarbonization In Texas
Comments from Senator Ted Cruz underscore the potential that Bitcoin mining has to integrate with the Texas energy grid in a transformative way. дальше »
2021-10-29 17:03 | |
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Russia & Belarus to Charge Higher Tariffs for Crypto Miners Due to High Energy Usage
The sheer amount of energy used by miners has caught the attention of governments in Russia and Belarus, prompting them to consider alternate tariffs. The post Russia & Belarus to Charge Higher Tariffs for Crypto Miners Due to High Energy Usage appeared first on BeInCrypto. дальше »
2021-10-20 20:40 | |
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Bitcoin Miners Are Changing The Energy Industry: Here Is How They Are Doing It
Bitcoin miners are revolutionizing the energy industry through sheer ingenuity. Bitcoin enthusiast Anthony Pompliano noted the growing trend of mining bitcoin on oil fields. This method has the benefit of reducing flarings and emission as the environmental impact of mining activities are called into question. дальше »
2021-10-15 07:41 | |
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Senator Ted Cruz Believes Excess Renewable Energy In Texas Presents A Great Opportunity For Bitcoin Miners
The ongoing cryptocurrency headwinds for miners in China continue to present endless opportunities to the United States with politicians now more than ever, turning their attention to the already burgeoning sector. дальше »
2021-10-13 21:26 | |
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Bitcoin (BTC) hashrate shifts to the US as states vie for miners’ attention
Months after China kicked out crypto miners citing environmental concerns of the industry, a report from Foundry USA has shown that miners emigrating to the United States are seeking renewable energy sources for their operations. дальше »
2021-10-11 19:00 | |
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Bitcoin Network Regrows Almost Completely, Kazakhstan Facing Electricity Shortages Due to Crypto Mining
Kazakhstan, which accounts for the third-largest Bitcoin mining hash rate share after seeing a 6x spike in its share between Sept. 2019 and April 2021, is considering measures like surcharge and limiting energy use while Kyrgyzstan has already increased electricity tariffs for crypto miners. дальше »
2021-10-4 17:39 | |
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Miami Mayor Francis Suarez Continues Pitching Miners on South Florida
In a continued effort to draw cryptocurrency miners to South Florida, Miami Mayor Francis Suarez is in talks with local energy officials. The post Miami Mayor Francis Suarez Continues Pitching Miners on South Florida appeared first on BeInCrypto. дальше »
2021-9-29 17:05 | |
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Bitcoin Miners Convene with Texan Oil and Gas Executives to Talk Energy
At a recent meeting of 200 oil and gas executives and bitcoin miners in Texas, flared, vented and stranded gas assets were discussed as a way forward for bitcoin miners to deal with their ever-increasing electricity and energy requirements. дальше »
2021-9-6 18:10 | |
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Bitcoin (BTC) Mining Getting Greener as Chinese Miners’ Exodus Continues
The United States is now the new hotspot for bitcoin (BTC) miners who have been forced to leave China since May. The events of the past months have effectively crashed Bitcoin’s energy usage and experts have predicted that over 40 percent of the global hashrate by 2022, will be controlled by North America, thanks toRead More дальше »
2021-7-21 13:00 | |
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Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia in Mining Volume
An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another Eurasian Economic Union member, in terms of cryptocurrency production. дальше »
2021-7-19 12:30 | |
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Bitfarms Green Energy Bitcoin Mining Hits Record High in July
Bitfarms has revealed in its production update released on July 14, 2021, that the recent bitcoin (BTC) mining difficulty reduction, coupled with the exodus of bitcoin miners from China, has had a positive effect on its production. дальше »
2021-7-16 22:00 | |
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