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“# Greenidge Generation will use BTC mining profits to build solar farm ” Bitcoin mining company Greenidge Generation is planning to increase the number of renewable energy sources available for use in New York. In a Thursday announcement, Greenidge said it would be using the profits from its Bitcoin (BTC) miners in the Finger Lakes…
“# Elon Musk says Bitcoin may have already hit his benchmark on renewable energy ” Tesla CEO Elon Musk has hinted the crypto industry is on its way towards a greener future, but the car manufacturer won’t be accepting Bitcoin payments just yet. Speaking at The ₿ Word, a virtual Bitcoin (BTC) event with Twitter…
“# New project aims to bring global crypto miners to Russia ” A major cryptocurrency and blockchain association in Russia is launching a project to bring global crypto mining operations to the country amid a Chinese crypto mining crackdown. The Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain, or RACIB, announced an initiative aimed at…
“# China shuts down crypto mining in Anhui province ” The Chinese government continues cracking down on the cryptocurrency mining industry by suspending crypto mining operations in another province. Authorities at Anhui, a small province in eastern China, have announced a set of measures to tackle growing electricity demand and an associated power supply shortage…
“#South Korean toilet turns excrement into power and digital currency” ULSAN, South Korea, July 9 – Using a toilet can pay for your coffee or buy you bananas at a university in South Korea, where human waste is being used to help power a building. Cho Jae-weon, an urban and environmental engineering professor at the…
“# Bitcoin electricity consumption falls to November 2020 levels: Data ” Bitcoin’s total estimated annual electricity consumption has plummeted nearly 60%, falling from the all-time peak above 143 terawatt-hours (TWh) in May to as low as 62 TWh in early July, according to data from Cambridge Bitcoin Electricity Consumption Index (CBECI). This is the lowest…
“# Licensed Iranian crypto miners ordered to halt production ‘altogether’ ” Eshaq Jahangiri, the first vice president of Iran under Hassan Rouhani, has called on all legally operating crypto miners in the country to stop producing coins. According to a Wednesday report from the Tasnim News Agency, Jahangiri said at a meeting with officials of…
“# How to farm Chia: A guide to XCH token farming using a hard drive ” Chia Network recently entered the cryptocurrency scene and has quickly piqued the interest of many miners and investors. There are several reasons for this: First, the Chia blockchain operates using a novel proof-of-space-and-time (PoST) protocol, which means that proof…
“# Greenidge plans to expand mining operations to South Carolina ” Bitcoin mining company Greenidge Generation announced it would be starting operations in South Carolina as early as this year. In a Friday announcement, Greenidge said it would be operating in a carbon neutral crypto mining facility in the city of Spartanburg. The company said…
“# Bitcoin’s evolving narratives make it antifragile ” Over the years, Bitcoin has been able to overcome naysayers by frequently reinventing its narrative. Because Bitcoin (BTC) is multifaceted, it is able to quickly change to confront new criticism. We have seen this over the years. For example, Bitcoin used to be frequently assailed by the…