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” ‘Green oasis’ for Bitcoin mining: Norway has almost 1% of global BTC hash rate “ Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower….
” Bitcoin network difficulty reaches all-time high as miners pursue 2M BTC “ Just when the Bitcoin (BTC) miners helped release the 19th millionth BTC in circulation on Friday, the BTC network’s mining difficulty reciprocated by reaching an all-time high of 28.587 trillion. Bitcoin’s network difficulty correlates to the computational power required to mine BTC…
” Just 2 million Bitcoin left: Bitcoin hits the 19 million milestone “ The 19th millionth Bitcoin (BTC) was mined today, a landmark occasion for the number one c. 19 million Bitcoin are now in circulation, with just 2 million Bitcoin yet to be minted (or mined) until roughly the year 2140. In block 730002, mined…
” Bengal Energy to mine Bitcoin using ‘stranded wells’ in Aussie outback “ Canadian oil and gas company Bengal Energy, is dipping its toes into Bitcoin (BTC) mining as a way of utilizing the untapped energy from its gas wells in the far reaches of the Australian outback. According to a report from The Australian,…
“Tesla signs secret nickel supply deal with Brazil’s Vale: report” Tesla has signed an undisclosed deal with Brazilian mining company Vale for the supply of nickel to the electric car maker, Bloomberg News reported on Wednesday, citing sources. The price of nickel, which is essential to making batteries for electric vehicles, had been rising steadily…
” Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500% “ U.S. Bitcoin mining firm Core Scientific has posted bullish 2021 fiscal year results compared to the year prior, with its revenue increasing by 803% to $544.5 million and gross profit growing 2,443% to $238.9 million. The major BTC miner highlighted growth…
” The Bitcoin shitcoin machine: Mining BTC with biogas “ Next time someone tries to poo-poo the renewable credentials of Bitcoin (BTC) mining, remember AmityAge Mining Farm. Founded by Gabriel Kozak and Dušan Matuska, the Bitcoin mining facility uses human and animal waste to generate electricity for mining. Matuska, the man “who met Satoshi Nakomoto”,…
” Greenpeace, Ripple co-founder campaigning to change Bitcoin code “ Greenpeace, along with other climate groups, and co-founder and executive chairman of Ripple, Chris Larsen, has launched a new campaign aimed at changing Bitcoin (BTC) to a more environmentally friendly consensus model. The “Change the code, not the climate” campaign aims to pressure key industry…
” Russian government official calls to legalize mining ‘as soon as possible’ “ Russian Deputy Minister of Energy Evgeny Grabchak proposed eliminating the legal vacuum around crypto mining in the country and introducing clear regulation. This statement continues the recent streak of support for the crypto industry among the officials. Speaking at the first national…
” Exxon Mobil is using excess natural gas to power crypto mining: Report “ United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto mining rigs — and it may be expanding its operations to four other countries. In a Thursday…