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“# Blockcap plans to have 50K Bitcoin miners operational by 2023 ” One of the largest crypto mining firms in North America said that it has acquired an additional 8,000 rigs and begun mining other cryptocurrencies. In an announcement from Blockcap today, the mining firm said it planned to have more than 50,000 mining rigs…
“# Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel ” In the latest Cointelegraph Crypto Duel, founder of Digiconomist Alex de Vries and CEO and founder of Blockchain for Climate Joseph Pallant debated the intensity of Bitcoin’s footprint and possible paths forward to reduce it. As pointed out by de Vries, Bitcoin’s energy…
“# Nvidia again limiting crypto mining on its RTX-3060 gaming graphics card ” Graphics card giant Nvidia is quietly reintroducing a hash rate limiter on its RTX 3060 series graphics cards in an effort to disincentivize cryptocurrency miners. On April 29 the company issued the GeForce 466.27 driver that reintroduces RTX 3060 cryptomining limiter. GeForce…
“# Beijing investigates crypto mining farms to improve energy efficiency ” Beijing authorities are reportedly conducting inspections of crypto mining data centers to better understand their impact on energy consumption, Reuters reports Thursday. The Beijing Municipal Bureau of Economy and Information Technology on Tuesday sent an emergency notice to the city’s data center operators asking…
“# Former gov’t official blames crypto mining for energy crisis in Kyrgyzstan ” Amid growing concerns over the energy sector in Kyrgyzstan, a former government official has argued that cryptocurrency mining is a major factor driving the energy crisis. Daniyar Akmatov, former director of the state investment protection organization, the Investment Promotion and Protection Agency,…
“# 100 fascinating facts about crypto’s last 100 days ” Crypto data aggregator CoinMetrics has compiled a list of 100 insights into the recent performance of the digital asset markets — and the figures add up to a very bullish picture for the ecosystem. Released to celebrate the 100th issue of its State of the…
“#This geologist found the oldest water on earth—in a Canadian mine” The billion-year-old water might help unlock one of humanity’s biggest unanswered questions: Could there be life on other planets? When Barbara Sherwood Lollar sent water samples to a colleague at the University of Oxford for testing, she knew this was no ordinary water. The…
“# The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining ” Tesla — a top 10 company in the Fortune 100 that is run by one of the world’s wealthiest people, Elon Musk — transferred $1.5 billion of its treasury cash into Bitcoin (BTC) in early February. Musk’s Bitcoin purchase startled traditional investors, who…
“# Bitcoin greenwashing? Lawmakers want clearer definitions of green energy ” Legislators in the United Kingdom have asked for greater regulatory powers to combat the rise of financial “greenwashing” — a deceptive practice where a company overstates or fabricates the extent of its green energy usage. A report by the House of Commons cross-party Treasury…
“# ‘Bitcoin incentivizes renewable energy’ agree Elon Musk and Jack Dorsey ” Some of Bitcoin’s most prominent backers have sought to make the case for Bitcoin’s environmental efficiency, with a collaborative paper from researchers at financial services firm Square and investment manager Ark Invest asserting that Bitcoin mining can drive increased efficiency in renewable energy…