2023-3-30 18:27 |
Fourth-quarter revenue of $23.4 million was driven mainly by selling energy to the power grid rather than crypto mining.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Canada has become the latest country to fight Bitcoin mining with the news that the city of Quebec wants to end selling cheap power to crypto miners in response to rising global energy prices. Government-owned Hydro-Quebec recently asked the provincial regulator to reallocate the 270 megawatts of energy previously set aside for mining Bitcoin.
2023-2-13 15:44 | |
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This year hasn’t been kind to Bitcoin miners as the invasion of Ukraine in February 2022 triggered a global energy crisis, pushing mining costs through the roof. The post Research: Miners sent 57K Bitcoin to exchanges in 2022; selling pressure decreasing appeared first on CryptoSlate.
2022-12-19 01:00 | |
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Pavel Zavalny, the head of Russia’s Committee on Energy, said earlier today that the country will enable friendly countries to pay for oil, gas, and other exports in Bitcoin. The post Selling gas and oil for Bitcoins? This Russian lawmaker thinks so appeared first on CryptoSlate.
2022-3-25 03:00 | |
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Russia can trade with ‘friendly’ countries in national currencies or bitcoin, the chairman of the State Duma committee on energy said.
2022-3-26 19:01 | |
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With its Bitcoin pilot, ConocoPhillips is both monetizing energy that would otherwise be wasted and reducing its emissions.
2022-2-16 00:47 | |
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Rarible Just now·4 min read Discover the energy-efficient blockchain with gas fees that cost next to nothing. Tezos blockchain is now live on Rarible. com! That means you can start buying, selling and creating energy efficient NFTs with gas fees at just a few cents.
2021-12-15 18:16 | |
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A nuclear engineer in the U.S. Navy and his wife will be charged in a Martinsburg, West Virginia federal court on Tuesday this week after they were busted by an undercover FBI agent for allegedly selling designs of nuclear-powered war submarines for cryptocurrency, which contravenes the Atomic Energy Act. Jonathan Toebbe, 42, and his wife […]
2021-10-12 15:24 | |
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One of the oldest renewable energy facilities in the world, the Mechanicville plant has now started to mine Bitcoin. Mining Bitcoin has allowed the hydro-power station in the US to earn three times the money they earned by selling energy.
2021-7-12 16:46 | |
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An historic renewable energy facility in New York has tripled its profits by mining Bitcoin.
2021-7-10 06:17 | |
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An old hydro-power station in the U.S. has started mining bitcoin to make three times as much money as selling the energy.
2021-7-8 18:22 | |
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Tesla CEO Elon Musk tweeted earlier this Sunday that the electric carmaker would resume its Bitcoin transactions once verified crypto mining operations utilise more renewable energy. “When there’s confirmation of reasonable (~50 percent) clean energy usage by miners with [a] positive future trend, Tesla will resume allowing Bitcoin transactions,” he wrote. This is inaccurate. Tesla […]
2021-6-15 08:37 | |
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Vectorium Islands are places where the collectivity can produce renewable energy and cryptocurrecy. Those Islands produce power energy value combining wind, solar and waste by a virtuous ecosystem regulated by blockchain and Artificial Intelligence.
2019-6-18 01:23 | |
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The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy.
2019-5-31 16:50 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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John Watkinson and Matt Hall of Larva Labs created a new type of blockchain-based art called Autoglyphs. To offset the electricity used to create Autoglyphs, the two programmers donated the crypto earned from selling their creations to renewable energy nonprofit 350.org.
2019-4-11 22:21 | |
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Bitmain, the Chinese mining giant, recently announced that its Antminer S17 will be globally released on 9 April 2019. Earlier this month, the mining giant had revealed the new model of its Antminer 17 series machines to mine Equihash-powered Proof-of-Work coins.
2019-3-30 18:00 | |
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A document first witnessed by Reuters claims that U. S. companies have been given the go-ahead to sell nuclear power assistance and technology to Saudi Arabia. The U. S. has been in direct competition with countries like South Korea and Russia regarding a deal to sell and share information to and with the Saudi government.
2019-3-29 12:28 | |
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The centuries-old, paper-based trading process of the oil and gas industry was overhauled last year, courtesy of the blockchain and an industry consortium originally including Shell, BP, ABN Amro, ING, and Societe Generale.
2019-1-16 19:12 | |
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Japanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company will, however, continue to mine in-house but will relocate its mining center to a region with cleaner and less expensive energy.
2018-12-26 01:00 | |
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Shell and BP are now using a blockchain-based trading platform for crude oil, which they hope will solve trade and settlement inefficiencies. Shell & BP Hope Blockchain Will Solve Inefficiencies Vakt is first to market of several pilot schemes which have been in development, which Bitcoinist reported on back in January 2018.
2018-12-1 04:00 | |
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Wide Energy tries hard to lead the world's transition from relying on traditional fuels to renewable and cleaner energy. Our goals is to make a better and cleaner energy at a lower price that will enable any entity, company and industry to shift its operations to become more environmental-friendly We are keen on new technologies, knowledge and innovations that can contribute to the efficiency of renewable energy generation and utilization.
2018-11-12 08:03 | |
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Many of us are familiar with the term “DApp,” which stands for “decentralized application. ”Foundationally, a DApp is an application that runs using blockchain technology on a decentralized network of computers instead of on a central database.
2018-9-4 21:43 | |
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BITTECH starts selling a new range of cryptocurrency mining hardware powered by 10 nm semiconductor chips (10 nm BT0010a and BT0010La mining chips). It is to be recalled that BITTECH introduced its first ASIC miner as early as mid-May, 2018.
2018-8-13 20:30 | |
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Red Bull, you’ve probably heard of it, it gives you rings right? If not, Red Bull is a leading caffeinated energy drink manufacturer that also has a huge presence within sports. Such sports would include extreme sports like cliff diving, motorsports like air racing and field sports, such as football, through teams such as FC Red Bull Salzburg.
2018-8-9 12:30 | |
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The idea behind people selling excess electricity to each other is now becoming a reality through the use of blockchain technology. Australia’s blockchain start-up Power Ledger and Clean Energy Blockchain Network are using blockchain technology to gather and digitize the electricity information of consumers.
2018-7-4 16:29 | |
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Bitcoin Press Release: Helping mankind by creating a global network of buying and selling of renewable solar energy, Solareum will list its SLRM coin on multiple exchanges for ease of acquisition and trading for users worldwide.
2018-6-21 12:17 | |
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Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million.
The reversal marks a thawing of the crypto winter that occurred in 2023.
The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs.
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).
The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.
The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year.
The crypto exchange's third quarter transaction revenue rose/fell short from previous quarter.