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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 | |
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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 | |
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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 | |
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Texas Senate committee moves forward on bill removing incentives for crypto miners
Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas’ energy grid would not receive an abatement on state taxes. дальше »
2023-4-5 22:30 | |
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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 | |
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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 | |
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Japanese power company to utilize excess power for crypto mining
A major Japanese utility company, Tokyo Electric Power Grid (TEPCO), is working with local mining rig manufacturer TRIPLE-1 to capitalize on excess power on its grid. In September, TEPCO establisheThe post Japanese power company to utilize excess power for crypto mining appeared first on AMBCrypto. дальше »
2022-12-15 17:00 | |
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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 | |
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Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm
For the first time since 2020, Ethereum mining has become unprofitable for many miners connected to a traditional energy grid. The post Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm appeared first on CryptoSlate. дальше »
2022-6-14 05:45 | |
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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 | |
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“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 | |
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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 | |
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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 | |
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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 | |
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Crypto Mining Pushing Kazakhstan Energy Grid to the Limit
Kazakhstan is struggling to meet its growing energy needs, now that crypto mining is booming in the Central Asian country. The post Crypto Mining Pushing Kazakhstan Energy Grid to the Limit appeared first on BeInCrypto. дальше »
2021-11-10 20:12 | |
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Increased Mining Operations in Kazakhstan Causing Power Deficit
As Chinese miners migrate to Kazakhstan, this poses capacity challenges to the Kazakhstan grid, which could be supplemented by the Kremlin’s state-owned utility Inter RAO in the near future The post Increased Mining Operations in Kazakhstan Causing Power Deficit appeared first on BeInCrypto. дальше »
2021-10-31 15:23 | |
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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 | |
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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 | |
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Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date
The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so far. дальше »
2021-7-11 00:30 | |
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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 | |
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Hydro plant from 1897 earns 3x as much mining BTC as selling power to the grid
An historic renewable energy facility in New York has tripled its profits by mining Bitcoin.
дальше »2021-7-10 06:17 | |
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Abkhazia Shuts Down 8 Crypto Farms Amid Ongoing Crackdown on Mining
Authorities in Abkhazia, the partially recognized South Caucasus republic, have discovered and closed down eight crypto mining farms in just two weeks. Since the beginning of June, law enforcement agents have disconnected more than 300 mining devices from the grid and fined an operator. дальше »
2021-6-16 15:30 | |
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UK Police Raid Alleged Cannabis Farm, Finds Bitcoin Mining Facility Stealing Power
Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing thousands of pounds in the […] дальше »
2021-5-31 07:00 | |
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Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. дальше »
2021-5-27 23:00 | |
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