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“# Surge in Bitcoin energy consumption sparks debate in crypto community ” The recent surge of Bitcoin (BTC) price has driven notable growth in the amount of electricity consumed by Bitcoin miners, spurring another wave of argument in the community over the ecology of the seminal cryptocurrency. According to the latest data from Digiconomist’s Bitcoin…
“# Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining ” Bitcoin arouses passion, curiosity and has received more and more media attention, especially after having climbed the ranks of the best financial asset of the decade. However, whenever its price goes up, many doubts and questions arise, mainly around its origin…
“# Crypto winter: Bitcoiners use mining rigs as heaters as temperatures drop ” Bitcoiners mining cryptocurrency at home this winter have been staving off freezing temperatures by putting them to good use as heaters. According to the Wall Street Journal, crypto miners in France and the United States report their overall heating costs have dropped …
“# Mitsubishi and Tokyo Tech create blockchain system for P2P energy trading ” Mitsubishi Electric has teamed up with researchers from the prestigious Japanese university, Tokyo Tech, to jointly design a blockchain-based trading system that can support more flexible, peer-to-peer energy trading. Announced on Jan. 18, the new system is intended to support the efficient…
“# Siemens-backed blockchain energy platform showcases in Germany ” A blockchain-based energy trading platform backed by German tech giant Siemens is being publicly demonstrated in a Bavarian municipality today. The so-called “Pebbles” project — short for “peer-to-peer energy trading based on blockchains” — is holding a virtual demo of its blockchain-based marketplace platform for optimized…
“# Bitcoin mining’s future is green, and Russia has the best chance ” Last month, Chinese President Xi Jinping, declared that China has plans to become carbon neutral by 2060, calling for a “green revolution.” If the plan is properly implemented, it could help China to finally shed its biggest-polluter status and significantly improve the…
“# GM and Honda publish specs for decentralized electric car charging network ” The Mobility Open Blockchain Initiative (MOBI) has launched a global standard for integrating blockchain technology into a decentralized vehicle charging network. The storage of excess energy generated by wind or solar is a big problem for the renewable energy industry as batteries…