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Expert Firesback At Bloomberg: Bitcoin Miner Riot Aids Electrical Grid
This summer’s high temperatures have impacted different sectors, including Bitcoin mining in the United States. Several companies in the sector have been shutting down their operations and selling power back to the grid for a profit. дальше »
2023-8-12 01:00 | |
Expert Fires Back At Bloomberg: Bitcoin Miner Riot Aids Electrical Grid
This summer’s high temperatures have impacted different sectors, including Bitcoin mining in the United States. Several companies in the sector have been shutting down their operations and selling power back to the grid for a profit. дальше »
2023-8-12 01:00 | |
How Texas Became a Global Mecca for Bitcoin Mining
Miners have flocked to the state since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. “Bitcoin is all about freedom,” says one miner. “And in my dealings with the utilities and the regulators, Texas is all about freedom.” дальше »
2023-7-25 16:47 | |
MIT Researchers Argue Bitcoin Mining Needs More Studies to Avoid Greenwashing
A new MIT paper says Bitcoin miners may have valid points about the benefits of mining to the grid, but they need to prove these benefits in line with global standards. The post MIT Researchers Argue Bitcoin Mining Needs More Studies to Avoid Greenwashing appeared first on BeInCrypto. дальше »
2023-7-19 19:15 | |
Bitcoin hash rate nears record levels amid Texas grid challenges
Quick Take The Bitcoin network’s computational power, measured by its hash rate, is closing in on its all-time highs. The momentum slowed over the past week due to issues with the Texas power grid amidst a heatwave. дальше »
2023-7-10 15:02 | |
Bitcoin Is a Threat to the Energy-Use Status Quo – and That’s a Good Thing
Banning or taxing crypto mining out of existence isn’t going to solve this country’s issues around power consumption and grid stability – but supporting Bitcoin just might. дальше »
2023-5-17 22:36 | |
How Bitcoin Helps Stabilize Power Supply Despite Greenpeace Diss
Bitcoin mining contributes to grid efficiency, renewable energy adoption, and a more sustainable financial system, challenging Greenpeace's campaign against its environmental impact and offering a more efficient alternative to traditional banking. дальше »
2023-3-27 17:36 | |
Bitcoin Mining Is Good for the Energy Grid and Good for the Environment
Bitcoin mining should be hailed as an effective tool for a lower emissions future, not demonized as monkey wrench in the works. дальше »
2023-3-7 00:11 | |
Texas Bitcoin Mining Boom Might Be Reaching Its End, But Grid Operators Are The Happiest – Here’s Why
Texas was once seen as Canaan for miners fleeing troubled times in China, but 12 months down the line, the fairy tale has turned into a nightmare for some mining companies. дальше »
2022-9-2 22:29 | |
Bitcoin miners push the pause button in Texas as power issues loom
As businesses prepare for a heat wave that is anticipated to strain the electricity grid, nearly all industrial-scale Bitcoin miners in Texas have turned off their equipments. Due to Texas's affordThe post Bitcoin miners push the pause button in Texas as power issues loom appeared first on AMBCrypto. дальше »
2022-7-12 20:30 | |
Here’s how blockchains are helping to advance the global energy grid
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector. дальше »
2022-6-11 00:30 | |
“We Supply the Grid and Clean-up Waste Coal” Bitcoin Miner Tells Elizabeth Warren
“We employ 21st century crypto mining techniques to remediate the impacts of 19th and 20th century coal mining in some of the most environmentally neglected regions of the United States.”... дальше »
2022-2-9 17:58 | |
Texas, The Citadel For Bitcoin: A Gubernatorial Election Race
2022 Texas gubernatorial elections have become a race for promising Bitcoin (BTC) adoption by several candidates. Republicans Don Huffines, Allen West, and the current governor Greg Abbott have all jumped in to offer voters policies like making Bitcoin a legal tender, using Bitcoin mining to bolster the power grid, leading the world in leveraging Bitcoin […] дальше »
2022-2-1 02:59 | |
Greg Abbott invites BTC miners to help bolster Texas’ electrical grid
Texas Governor Greg Abbott has invited Bitcoin (BTC/USD) miners to set up shop in the state with hopes that they will help stabilize the Texan electrical grid. A report unveiled this news on January 27, noting that he invited dozens of crypto deal makers to his mansion in Austin last year to discuss this idea. дальше »
2022-1-30 00:57 | |
Iran Shuts Down Crypto Mining for Second Time This Year, Bitcoin Hash Rate Remains Strong
Iran has yet again issued an order to shutdown the authorized cryptocurrency mining centers to ease the strain on the country’s power plants and avoid a blackout, said Mostafa Rajabi Mashhadi, director of the state-run Iran Grid Management Co. дальше »
2021-12-29 19:08 | |
Illegal Bitcoin Miners In Russia Could Face Jail Time, Says Russian Parliamentarian
The spotlight on crypto regulations shifts to Russia as government officials seek to punish illegal miners and other offenders with new legislation. High energy consumption of bitcoin miners and its effect on the national grid has been cited by Andrey Lugovoy as his party pushes for the bill. дальше »
2021-12-19 09:51 | |
Only In Crypto: Ted Cruz Cosigns Argument That Bitcoin Miners Are Fixing Texas Electric Grid
A lot has happened in the Bitcoin space, from mining crackdowns to new all-time highs to market crashes. Out of all of these have come some very interesting takes on how Bitcoin and crypto, in general, are affecting the day-to-day lives of individuals. дальше »
2021-12-7 23:30 | |
Why Bitcoin Is The Future Of Our Energy Grid
Bitcoin’s unique energy use incentives, ability to store stranded energy and more make it the future of our energy consumption as a planet. дальше »
2021-11-4 01:00 | |
Miners Are The Optimal Buyers: The Data Behind Bitcoin-Led Decarbonization In Texas
Comments from Senator Ted Cruz underscore the potential that Bitcoin mining has to integrate with the Texas energy grid in a transformative way. дальше »
2021-10-29 17:03 | |
Ted Cruz Said Bitcoin Will Strengthen Texas’ Electrical Grid, What Does He Mean?
It’s official, Ted Cruz is a bitcoiner now. However, take into account that he is a Senator for Texas, and the state is quickly becoming the biggest Bitcoin hub in the USA. The politician might be catering to his constituency, but that doesn’t take away from his message. “In five years I expect to see […] дальше »
2021-10-14 13:31 | |
Billion-dollar Bitcoin mining industry resumes in Iran after three-month ban
The extreme heat of the summer has subsided, so crypto mining has been given the green light, as it can no longer be blamed for stressing the electricity grid. дальше »
2021-10-2 08:08 | |
123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid
On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins. дальше »
2021-7-9 23:00 | |