green energy News

While Bitcoin's journey toward sustainability shows promise, much work is ahead to assess its environmental consequences fully.

Green Data City partners with UAE’s Phoenix Group, launching a $300 million eco-friendly crypto-mining farm in Oman, bolstering the nation’s sustainable tech aspirations. Green Data City, an innovative project based in Oman, has signed an agreement with Phoenix Group, a…

The blockchain-based startup XELS plans to launch a platform to allow companies to attain their sustainable environmental drive. Accordingly, the new initiative is ain at simplifying the broadness of the Scope 3 emissions of reporting organizations. XELS Launch Blockchain Initiative…

Texas has an excellent combination of renewable power generation and Laissez fair regulation, making its power rates very low. The low rates attract innovators and cryptocurrency miners. However, the State’s search for cheap power affects their preparation against the winter storm. Now cryptocurrency miners are proposing counterintuitive ways to support the grid.

Amidst the growing inflation rate and the constantly depleting value of its foreign reserves, due to the US Federal Reserve’s endless dollar printing, Ethiopia may be the next sovereign state to integrate bitcoin (BTC) into its economy, in order to…

New York authorities have soft-pedaled on the move to completely ban bitcoin (BTC) mining activities in the state via bill 6486 proposed by Senator Keven Parker earlier in May 2021. The bill has now been amended to allow only bitcoin…

The South Korean government will be spending four billion Korean won (KRW) ($3.500.000) to create and deploy a “virtual power plant” based on blockchain technology reports local media outlet Yonhap News on December 10, 2018. According to the report, the…

Recently, the United Nations released its findings from a landmark climate change study that concluded that disaster is much closer than many people expected. The much-publicized story brought global climate change back into the headlines, and it returned focus to…

  Cryptocurrencies and the underlying blockchain technology have infiltrated the majority of businesses and industries. While we are still in the infancy stages of the blockchains implementation, clear niche markets in the sector are already beginning to develop. The energy…

A cryptocurrency mining rig that runs on clean energy is coming to Iceland. This miner will have all the strengths of the regular bitcoin and other cryptocurrency mining rigs but would share none of their ecosystem-damaging weaknesses. The Need for…