Cryptocurrency Analysis and News Portal
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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Mercado Bitcoin, Brazil’s largest crypto exchange, reached an agreement with Brazilian energy trader Comerc to release two renewable energy tokens, Reuters reported Wednesday.The first token will work as a cashback for Comerc customers who generate renewable energy through its distributed generation system, Sou Vagalume. The company plans to allow the
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In an announcement to Reuters News on Thursday morning, Brazillian cryptocurrency exchange Mercado Bitcoin said it has signed an agreement with Comerc, one of the main retail energy providers in Brazil, to develop renewable energy tokens. Mercado Bitcoin and Comerc seek to implement two types of tokens.The first, set to
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The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that they rake in more than $30K per month mining digital assets. Kid Duo Captures $30K a Month Mining Digital Currencies A 14-
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San Francisco / USA - Mar, 2020: Elon Musk, CEO of SpaceX, founder of Tesla. Famous entrepreneur. Vector portrait illustration. The 'Dogefather' Elon Musk delivered his ultimatum on Sunday, essentially. It's pretty easy to see why. When the goal of your business is to reduce fossil fuel consumption, it's important to take
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The energy consumed by mining — the process that keeps Bitcoin’s blockchain running — has been an increasingly popular topic of discussion in recent weeks.On Friday, CNBC posted an interview with SUKU CEO Yonathan Lapchik, during which he explained the Bitcoin mining scene as it relates to renewable energy. The
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Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash into Bitcoin (BTC) in early February. Musk’s Bitcoin purchase startled traditional investors, who now had to understand how their investment
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Concerns about energy production, resource consumption and its impact on the environment are one of the dominant topics of debate on the global stage. The intensive energy costs of mining Bitcoin and other proof-of-work cryptocurrencies are also frequently pointed to as a serious downside to the emerging asset class. While environmental
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With solar panels flooding power grids with more electricity than some utilities companies may know how to handle, telecom giant Vodafone and blockchain nonprofit Energy Web have devised a communications solution. This SIM-based identity system could turn grids’ increasingly distributed capacity into an information and control boon for the utility, said
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Thailand is teaming up with a blockchain firm to encourage peer-to-peer trading of renewable energy. Announced on Monday, Thai Digital Energy Development (TDED) – a public-private joint venture – has inked a deal with blockchain energy startup Power Ledger to develop a blockchain-based digital energy business. The deal, also in collaboration
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