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The government has declared a 60-day state of emergency, allowing it to allocate more money for energy imports and even introduce power cuts.Jan 4, 2022 at 4:35 p.m. UTCUpdated Jan 4, 2022 at 4:35 p.m. UTCKosovo's capital, Pristina. (Leonhard Niederwimmer/Pixabay) Original Source
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The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they are mining cryptocurrency.
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Bitcoin (BTC) influencer and podcaster Anthony “Pomp” Pompliano said that there is no need to “apologize” for Bitcoin’s energy use, because “crucial things in the world use energy.” He made the comments in a Monday interview on CNBC’s morning news and talk program Squawk Box with Joe Kernen. During the
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Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers.Mostafa Rajabi Mashhadi, chairman of the board and managing director of Iran Grid Management Company (Tavanir), announced that Iran is shutting down crypto mining centers again to reduce liquid fuel
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Happy Holidays from the NewsBTC team. We come bearing gifts. We’ve got the cure for those suffering from cryptocurrency withdrawal syndrome. Spend the evening learning about Bitcoin in the most relaxed way possible. These five films were released throughout 2021 and contain the alpha everyone needs for the years ahead.
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The shares of Iris Energy (IREN), a Sydney-based company that mines bitcoin primarily with renewable energy, has the potential to rise more than 100% in the next 12 months, JPMorgan analysts led by Reginald Smith wrote.Iris Energy is “a cheap way to play the digital gold rush,” said JPMorgan’s analysts,
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Bitcoin mining energy consumption has been one of the most addressed issues in the crypto space. Concerns over its energy consumption and environmental impact had been reasons cited during the China crackdown that saw miners exit out of the region en masse. The once bitcoin mining capital of the world
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“If bitcoin miners are interested, they could set up a database where their energy use and proof of renewable energy use are recorded,” said Ransil in an interview. “The open-source solutions we are building and helping to test – such as the Filecoin dashboard and the Energy Web tech stack
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A transaction on the Solana network takes less energy than two Google searches, and 24 times less energy than charging your phone, according to a Nov. 25 report by the Solana Foundation.The report states that a single transaction on its network uses 0.00051 kWh, or 1,836 Joules, of energy. According
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Drilling for oil and gas and mining for bitcoin might seem like an odd couple.One is more than 150 years old. The other has existed for a little over a decade. One is a staple of industrial development, squarely grounded in the world of atoms. The other is an innovation
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