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” Compass Mining to add 25,000 ASIC miners just weeks after staff cuts “ Mere weeks after announcing staff lay-offs and salary cuts, Compass Mining has unveiled expansion plans in the form of a 75 megawatt (MW) hosting partnership with Compute North for its data center in Granbury, Texas. The announcement on July 21 comes…
“Hochul proves she’s a ‘Biden Dem’ by screwing NY on energy” If you like the way President Joe Biden’s focus on climate change has rocketed up costs for energy (e.g., gasoline), you’re going to love what Gov. Kathy Hochul’s green agenda is doing to New York. Just last week, Hochul doubled down on the state’s…
” Compass Mining loses facility after allegedly failing to pay power bill “ Bitcoin (BTC) mining hardware and hosting company Compass Mining has lost one of its Maine-based hosting facilities after the owner, Dynamics Mining, terminated the hosting agreement between the two, claiming Compass failed to pay the required bills. Dynamics posted on Twitter late…
” Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop “ The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the mining hash rate, which reduced the commuting power for mining BTC blocks to 199.225 exahash per second (EH/s). According to…
” Russia seems to be preparing to mine Bitcoin with flare gas “ The Russian government continues to establish links with major players in the cryptocurrency mining industry despite staying skeptical about legalizing cryptocurrency trading and payments. Russia’s state-owned gas giant Gazprom Neft has entered into a partnership with BitRiver, the largest crypto-mining colocation services…
” Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC “ The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy. According to figures from Digiconomist, Bitcoin (BTC) currently uses 0.82% of the world’s power while Ethereum (ETH)…
“Hochul’s electric-bill posturing and other commentary” Eye on NY: Hochul’s Electric-Bill Posturing Gov. Kathy Hochul may support “the Climate Leadership and Community Protection Act’s (CLCPA) goals, but she clearly doesn’t want anyone to link her to its costs,” snarks the Empire Center’s James E. Hanley. She “declared it ‘outrageous’ and ‘unacceptable’ ” for utilities “to ask…
“Man offers laundry warning after his washing machine fills with smoke” We’ve had it grilled into us since we were kids to never leave the house when the oven is on… pardon the pun. But as for the washing machine? Well, we’re forever putting loads of laundry on and then nipping out to do other…
“Democrats’ ‘moral oblivion’ and other commentary” Washington watch: Dems’ ‘Moral Oblivion’ “After the leak of Justice Alito’s draft opinion overturning Roe v. Wade,” Sen. Chuck Schumer “decided to tap into his party’s dark id,” rages Spectator World’s Matt Purple. The Democratic leader introduced a bill that “wouldn’t just codify Roe” but would “go much further,…
“Graduation balloons festive but dangerous if released” KANSAS CITY, Mo. – As families start to gather in the coming weeks for high school and college graduation celebrations, power companies are warning about the dangers of releasing balloons into the air. Shiny, metallic balloons, also known as Mylar balloons, have a silvery coating that conducts electricity. If…