energy consumption News
Latest energy consumption News
Northern Bitcoin AG, a German company specializing in the manufacturing of sustainable infrastructure for cryptocurrency mining, has announced the competition of testing for their newest product: an air-cooled mining container. As per the press release, the container can fit up…
Power officials in Iran have seized 1,000 bitcoin mining machines in two abandoned factories turned into mining farms in the central province of Yazd, Iran. The officials claim the cryptocurrency mining equipment was seized because their operators illegally made use…
On April 29, 2019, Quebec’s energy regulator Regie de l’energie announced that it will move forward with the proposal to allocate an additional 300 MW block of electricity to the local blockchain ecosystem. With this, the Canadian province’s blockchain industry…
The drop in the price of Bitcoin has rendered a large percentage of mining operations unprofitable, with only low-cost mines in China operating without losses, Bloomberg reported on January 25, 2019. Diminishing Returns The plummeting price of almost all cryptocurrencies…
Cheap energy prices are sending crypto miners to the U.S.-Canadian border, turning hydropower into hash power, but the authorities are beginning to fight back. Taking Advantage of the Public Utilities Plattsburgh, a small town on the North American border has…
The excessive use of fossil fuels forms one of the most significant contributors to climate change since the past decade, and with the overexpansion of cities and ever-growing production demands from consumers, the environment is primed for an unsustainable crisis.…
A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in…
Bitcoin’s energy usage has long been a subject of criticism since the issues first came to light. But, most of the revelations are limited to anecdotal evidence or weakly researched primary reports, with future predictions based on such data. To…