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Elon Musk, Jack Dorsey Agree Bitcoin Is Key To An Abundant, Clean Energy Future

Ark Invest and Square have teamed up to release a White Paper advocating for increased Bitcoin mining as a way to mold the future of clean energy. As expected, various popular figures in the crypto space like Anthony Pompliano, and Twitter’s Jack Dorsey took notice and threw insights into the new development, with Tesla’s Elon […] дальше »

2021-4-23 17:02


Cryptos and NFTs Take Their Foot off the Gas – How Using POS Chains Can Save Huge Amounts of Energy

Cryptos are rarely out of the news these days, but no more so than Ethereum, which is burning up the news headlines, as quickly as it can burn up the gas (mostly for NFTs, which are having a moment, and for its exorbitant transaction fees), and then, of course, there’s the king of crypto, Bitcoin […] дальше »

2021-3-25 15:30


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BTC Miner Stresses: ‘Bitcoin is One of the Most Environment-Friendly Financial Networks’

While bitcoin has been gathering widespread attention with prices touching all-time highs, mainstream pundits have tried to attack the leading crypto asset for its energy consumption. It seems a new ‘bitcoin is bad for the environment’ editorial is published nearly every week by mainstream journalists, tech authors, and climate activists. This week a representative from […] дальше »

2021-3-15 19:35


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Ukraine to channel excessive nuclear power towards Crypto Mining

Ukraine may have found a fitting practice to help it reduce its excessive nuclear power that has been going to waste for years. The idea of building a digital power plant with a capacity for cryptocurrency mining was discussed by the country’s Deputy Minister of Energy for Digital Development Yevhen Vladimirov, who met up with other […] дальше »

2021-2-8 00:24


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Argentine Billionaire Marcos Galperin Says Bitcoin a ‘Better Store of Value Than Gold’ as Officials Plan to Print More Pesos

Argentine billionaire and CEO of the e-commerce platform Mercado Libre, Marcos Galperin says bitcoin is a better store of value than gold. However, the billionaire thinks the crypto will not replace fiat currency due to what he terms the high “energy cost required to process its transfers. дальше »

2021-1-16 00:30


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YoBit.net Virtual Mining Review: How Much You Can Realistically Earn From VMining?

Think it’s already too late to get into crypto mining in 2020 without digging a hole in your pocket? Well, not for sure! Not unless you are only interested in those ultra-expensive brick-and-mortar mining setups that can’t go without heavy investments in infrastructure, mining rigs, energy, and other associated costs. дальше »

2020-11-11 19:48


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Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft

Sept 1, 2020 — Two Malaysian cryptocurrency mining facilities have been raided by law enforcement for an alleged electricity theft totaling more than $600k. According to reports by local news outlet The Star, the raids were conducted as a joint operation between Malaysia’s Energy Commission, the Tenaga Nasional Berhad (TNB) power utility firm, and local […] The post Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft appeared first on BeInCrypto. дальше »

2020-9-2 12:50


Venezuela Bans Crypto Mining At Government Provided Housing Due to Energy Demands

The Venezuelan government outlaws mining of Bitcoins (BTC) in any state-owned public housing projects due to ‘high electricity consumption’ and ‘disruption of the national grid supply. ’ However, a group of critics on the moving state the problems facing electricity in the country are inherent to the government’s negligence. дальше »

2020-7-20 17:00


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Iran: President Rouhani Seeks Renewed National Crypto Strategy

According to a report by Iran-based news site ArzDigital, Iranian President Hassan Rouhani has directed the national government to chalk a new strategy for cryptocurrency mining. Iranian President Calls for Clear Crypto Mining Strategy Earlier this week, Iran President Rouhani instructed the officials from the Central Bank of Iran (CBI), energy department and information andRead MoreRead More. дальше »

2020-5-23 13:07


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Cardano Has The Best Code Quality In The Crypto Industry, Charles Hoskinson Asserts

Cardano has been touted as one of the most ambitious blockchains and crypto projects in the industry, and many characters have come forward to pout out that fact. The latest event involved one twitter user by the handle name “red pin” who applauded Cardano (ADA) for its steadfast energy in fostering the development of the […] дальше »

2020-4-22 23:08


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Tech Giant Microsoft Patents New Bitcoin (BTC) Mining System 

Tech giant Microsoft has patented a new crypto mining solution that uses human bodily activity data to reward people with digital currency when they perform certain tasks. The firm says the new system aims to reduce computational energy consumed during mining while also making the mining process faster, according to a report released April 6,Read MoreRead More. дальше »

2020-4-8 01:00