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” Iran to stiffen penalties for illegal use of subsidized energy in crypto mining “ The Iranian government will increase penalties for the use of subsidized energy in crypto mining. The move marks another step in the tightening of mining regulation in the country that had faced energy shortages in recent years. On April 16,…
” North Dakota hopes to double the $3B of clean crypto mining in the state “ North Dakota government officials rocked up to the Bitcoin 2022 conference in Miami to lure cryptocurrency miners into their greener pastures. They came with the promise of the “cleanest crypto on the planet.” The North Dakota Commerce Department dropped…
” Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure “ The town of Sorradino in Argentina’s Santa Fe Province could begin to mine crypto in a bid to raise the money needed for its rail infrastructure upgrade. Its mayor doesn’t see any risk in mining the digital currencies that can…
” Seven times Bitcoin miners made the world a better place “ What do a swimming pool, beef jerky, a caravan, timber, animal waste, a Guatemalan lake and a high school have in common? They’ve all been saved by Bitcoin (BTC) mining. From reusing “waste” heat to getting the job done — to receiving a…
” NY State Supreme Court dismisses petition against crypto mining company “ In an important precedent, a Supreme Court judge in New York state’s Yates County ruled in favor of cryptocurrency mining firm Greenidge Generation, dismissing a petition filed by a coalition of environmental activists. According to an Apr. 7 press release by Greenidge, judge…
” Water great idea! Bitcoin mining heats this swimming pool “ A Bitcoiner has “pooled” off another mining innovation. The ‘waste’ heat generated by mining Bitcoin (BTC) is used to warm his swimming pool. Bitcoin enthusiast Jonathan Yuan had kids who “love swimming, but the year before [he started using waste heat], they barely ever…
” The race for semiconductors: Are crypto miners taking the lion’s share? “ Over the last couple of years, the world has been grappling with the lack of semiconductors, which are the substances that conduct electricity between metals and isolates. The most famous semiconductor is silicon. If correlating this concept to electronic devices, then the…
” One-fifth of global Bitcoin hash rate is now controlled by listed companies “ A recent report has shown that nearly one-fifth of the total share of Bitcoin’s (BTC) hash rate now belongs to publicly-listed mining companies. The report, published by Arcane Research, details that publicly-listed Bitcoin mining companies now account for 19% of Bitcoin’s total hash rate,…
” Marathon Digital moves Montana BTC mine to pursue carbon neutrality “ Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans to transition its Montana mining facility to use sustainable power sources elsewhere. The Nevada-based company intends on relocating its coal-powered Hardin, Montana facility to a location that…
” Twitter debates the role of renewable energy in Bitcoin mining “ It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives to build out renewables, but environmental…