2022-7-16 19:38 |
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston.
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European regulators touched upon crypto volatility, misleading ads, regulatory uncertainty, energy consumption and other issues in a recent warning
2022-3-18 17:27 | |
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Investment firm Viridi Funds has launched an environmentally friendly, crypto mining-focused exchange-traded fund (ETF). The fund aims to invest in crypto mining firms using cleaner sources of energy.
2021-7-22 21:25 | |
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Viridi Funds , a registered investment advisor and emerging fund manager providing environmentally focused crypto investment products, today announced the launch of the Viridi Cleaner...
2021-7-21 12:54 | |
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In recent times, China has made moves to halt all forms of Bitcoin mining in its vicinity. According to the government, the operation is consuming more energy than necessary. There have been concerns on how the crackdown will affect crypto prices, given that other countries also picked up the trend. China’s action led to a […]
2021-7-20 01:20 | |
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An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another Eurasian Economic Union member, in terms of cryptocurrency production.
2021-7-19 12:30 | |
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Students in a South Korean college are earning crypto mined from the energy generated from their excrement.
2021-7-10 14:59 | |
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According to the crypto mining firm, the South Carolina facility has been capable of drawing 80 megawatts of power, two thirds of which is produced from zero carbon energy sources.
2021-7-3 22:12 | |
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Crypto miners are shifting from the conventional Proof-of-Work (PoW) algorithm to a greener alternative. Ethereum, for instance, is migrating from PoW 1. 0 to Proof-of-stake (PoS) 2. 0 to reduce its energy footprint and cheapen transactions.
2021-7-2 21:42 | |
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The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022.
2021-7-2 13:57 | |
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Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry.
2021-7-1 08:30 | |
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SAITECH, a company aiming to solve the climate change crisis, plans to eventually power its crypto mining operations with 100 percent renewable energy, significantly reducing their carbon print emissions in line with China’s strong national policies on decarbonizing by 2060, a new report on June 29 shows.
2021-7-1 05:00 | |
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Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments.
2021-6-30 10:00 | |
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Bitcoin remains the most valuable cryptocurrency in the world, but anyone paying attention knows that the high energy costs are becoming a serious problem in a world more and more concerned with climate change.
2021-6-29 18:18 | |
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Top US Crypto exchange Gemini is looking to address Bitcoin's energy concerns through its latest initiative. Gemini Launches Gemini Green To offset Bitcoin’s carbon emissions, Gemini announced a long-term initiative called Gemini Green.
2021-6-25 18:41 | |
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It may have seemed that the Bitcoin community would have one less problem to deal with, should Elon Musk steer clear of the community, but that is not the case today. Instead, all hands are on deck to try to educate the Billionaire on the current energy consumption state of Bitcoin. Jack Dorsey wants to […]
2021-6-25 17:09 | |
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Safe Energy (ENERGYX) tokens have been attracting a lot of attention from crypto investors… The post Is now the right time to buy Safe Energy crypto? appeared first on Coin Journal.
2021-6-19 18:51 | |
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Ahead of the politically sensitive 100th anniversary of the ruling Communist Party on July 1, the country is also trying to cool down speculation in other asset classes just like crypto. The post China’s State Media Promotes Bitcoin Miners Going Green in Country & Points to Wasted Energy first appeared on BitcoinExchangeGuide.
2021-6-17 18:13 | |
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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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Elon Musk, who has become an influential force in the cryptocurrency market, said in a tweet on Sunday that Tesla will resume accepting bitcoin as payment for purchases of its electric vehicles once the flagship crypto’s clean energy consumption reaches at least 50% level.
2021-6-15 07:44 | |
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If you’ve gone anywhere near the internet the last few weeks, you’ve probably discovered that the debate around the energy consumption of bitcoin and other Proof-of-Work (PoW) cryptocurrencies has intensified.
2021-6-11 23:02 | |
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Bitcoin is heating up — some may say erupting — as the Latin American country plans to tap energy from volcanoes for mining the cryptocurrency.
2021-6-10 00:37 | |
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As the cloud of a crypto crackdown in China looms large, the prospect of Chinese miners moving their rigs to renewable energy sources is one potential silver lining.
2021-6-10 17:00 | |
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Earlier this year, Elon Musk was considered a crypto hero following Tesla’s $1.5 billion Bitcoin buy. The post Elon Musk’s reputation plummets following his Bitcoin energy attack appeared first on CryptoSlate.
2021-6-4 01:00 | |
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Canada-based personal light electric vehicle (LEV), Daymak Inc. , is set to launch the first electric vehicle that can mine cryptocurrencies – when parked. The company announced the car would use solar energy to mine a host of cryptocurrencies, including BTC and DOGE.
2021-6-3 22:13 | |
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Sydney-based Bitcoin mining company Iris Energy Pty expects the world’s largest cryptocurrency to overcome the struggles brought on by the concerns regarding its effect on the environment. Crypto investors and holders are well aware of Bitcoin’s latest plunge, with the digital coin falling to a figure that more than halved its all-time high in May. […]
2021-6-1 15:35 | |
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Cryptocurrency miners in Argentina are taking advantage of the country’s subsidized electricity to reap outsized returns. The post Subsidized Energy Powers Argentine Crypto Mining Boom appeared first on BeInCrypto.
2021-6-1 18:40 | |
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Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region.
2021-5-31 09:00 | |
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Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday.
2021-5-28 16:30 | |
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Amid growing debate surrounding Bitcoin’s high energy consumption, one asset manager is looking to create a more environmentally conscious Bitcoin exchange-traded fund. According to SEC filings from earlier this week, One River Asset Management joins a growing list of firms looking to create their own Bitcoin ETF — but with a catch. The digital asset […]
2021-5-27 12:06 | |
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Iran is banning the mining of Bitcoin, and other cryptocurrencies over concerns of high levels of energy consumption said President Hassan Rouhani on state TV on Wednesday. The ban is effective immediately and will last until September 22.
2021-5-27 21:05 | |
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The two biggest consensus mechanisms known in the crypto universe are Proof-of-Work and Proof-of-Stake, created by Satoshi Nakamoto and Sunny King(PeerCoin), respectively. Since creating these mechanisms to support the underlying technology of blockchain, there have been many other alternatives to reduce energy consumption and introduce a new method of mining using hard disks called Proof-of-Capacity, […] The post Burstcoin was the real green alternative until Chia Network raised $69.
2021-5-27 15:00 | |
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Steve Lee of Square Crypto sees major Bitcoin application progress on the horizon, dismisses energy FUD and looks forward to Bitcoin 2021.
2021-5-26 16:51 | |
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Elon Musk wreaked havoc in the crypto markets on May 13 after announcing that Tesla would be halting all BTC payments until the cryptocurrency’s mining becomes more environmentally sustainable. Musk posited that while Tesla awaits bitcoin’s transition to renewable energy, the electric car maker would be exploring other cryptocurrencies that use less than 1% of […]
2021-5-26 14:20 | |
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This changes nothing, with fundamentals remaining stronger than ever. It is rather a massive opportunity to make Bitcoin green & even more decentralized by having a new wave of mining operators outside of China using renewable energy The post Chinese Crypto Miners Panic Sold, But Most Are Still Awaiting for Clarity from the Govt. first appeared on BitcoinExchangeGuide.
2021-5-24 17:50 | |
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Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […]
2021-5-23 07:00 | |
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Auditing the quantities of renewable energy used by large-scale BTC miners is crucial in calming fears about the crypto’s carbon footprint. This is according to Tesla’s CEO Elon Musk. Musk was responding to a tweet from Brett Winton, Ark Investments director of research.
2021-5-22 20:00 | |
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Tesla CEO Elon Musk has said energy audits of large bitcoin miners could help solve the debate around cryptocurrency’s environmental impact. The post Audits Could Rectify Crypto Energy Debate, Says Musk appeared first on BeInCrypto.
2021-5-21 18:30 | |
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The Iranian government has introduced a new policy against cryptocurrency miners who use household electricity for their mining activities. Iran to Crackdown on Illegal Mining Activities According to Tehran Times on Sunday, (Amy 16, 2021), a spokesperson for Iran’s Ministry of Energy, Mostafa Rajabi Mashhadi, said that the government would impose a hefty fine onRead More
2021-5-18 12:00 | |
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One of the fastest-growing blockchain platforms utilized by crypto traders is leading the world in terms of energy efficiency, bringing some of the lowest kWh used per transaction available anywhere on the globe today.
2021-5-18 06:52 | |
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Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages.
2021-5-18 15:49 | |
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This week a great number of bitcoin supporters and skeptics have been arguing over whether or not bitcoin mining is harmful to the global environment. However, crypto supporters have been saying that concerns over the Bitcoin network’s energy supply are absurd, in contrast to the carbon used and the military violence that backs a number […]
2021-5-16 08:00 | |
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Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have actually done well after […]
2021-5-15 22:30 | |
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Bitcoin mining via renewable energy is already prominent, one CEO explains.
2021-5-15 00:37 | |
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Jack Dorsey’s Square will focus on “other opportunities” to learn with bitcoin and will be part of the crypto needing “innovation in terms of renewables and clean energy.” The post Square CFO: “No Plans” to Buy More Bitcoin At This Time After Losing M Due to Price Drop first appeared on BitcoinExchangeGuide.
2021-5-15 20:39 | |
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Elon Musk was once synonymous with Bitcoin price increase as each time his company’s involvement with crypto was made public, coins pumped. But a single tweet from the Tesla CEO sent crypto prices tumbling yesterday in an instant.
2021-5-13 19:44 | |
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Bitcoin’s electricity bill has been attracting the attention of regulators worldwide.
2021-4-29 10:43 | |
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Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment.
2021-4-25 18:00 | |
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Historically speaking, one key objection to bitcoin has been its perceived massive energy consumption. Some people have suggested that the flagship cryptocurrency is causing an environmental disaster due to its proof-of-work consensus algorithm.
2021-4-25 23:45 | |
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The Crypto Climate Accord (CCA) has attracted more members to its growing consortium, which aims to decarbonize the cryptocurrency and blockchain ecosystem. The CCA now has 40 supporters across the globe, including bitcoin (BTC) linked businesses, and the World Economic Forum (WEF), barely two weeks after its launch, according to a blog post on AprilRead More
2021-4-23 17:00 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.