Iris Energy Turns On 41 Megawatts of Bitcoin Mining Machines Ahead of Schedule
The firm will be adding another 50MW by the end of next month, bringing its total hashrate to 3.7 EH/s. Original Source
Read MoreThe firm will be adding another 50MW by the end of next month, bringing its total hashrate to 3.7 EH/s. Original Source
Read MoreThe government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban on Cryptocurrency Mining The
Read MoreClimate change has become one of the biggest global challenges for humanity. At the same time, the dependence on hydrocarbon energy sources such as coal, oil and natural gas is still strong.Supply lines around these energy sources are further vulnerable to geopolitical tensions. Due to the current sanctions against Russia,
Read MoreTRON trading volume has shed a trickle at around 3%. There has been an uptrend movement seen before it recently declined. While the TRON bulls are desperately trying to hold on and support the price, the bears have been doing the heavy lifting so TRX needs to work double and get
Read MoreConcerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking advantage of for some time, a
Read MoreDemocratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform them of their findings on the energy consumption of cryptocurrency mining and asking the agencies to require mining to report their emissions and energy
Read MoreThe global mining industry’s sustainable electricity mix is now 58.4%, claims the BMC, and the global Bitcoin network’s technological efficiency grew by 63% year over year. “This efficiency gain reaffirms the fact that as the Bitcoin network continues to grow, it will become even more efficient over time,” said the
Read MoreAmid the bear market, the crypto/blockchain industry needs to demonstrate socially-useful use-cases. The dysfunctional energy system is a good place to make a mark, says CoinDesk's chief content officer. Original Source
Read MoreAccording to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered with bitcoin miners that are
Read MoreAside from the buzzing neologism of Web3, there is a bit less catchy but hardly less important concept of Industry 4.0, which includes the new and revolutionary drivers of the next generation’s industrial landscape. And, especially when it comes to the energy sector, blockchain lies at the heart of these
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