2024-4-30 09:52 |
The $2.8 billion coal giant said that it is mining bitcoin with the excess power it generates.
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Who’s going to put leftover coal to use powering the world’s most incredible financial network? Bitcoin, that’s who. Another day, another story about bitcoin mining actually protecting the environment in a practical way.
2022-10-15 22:21 | |
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In a bid to make crypto mining more environmentally friendly, Stronghold Digital Mining is turning harmful waste from coal mining into clean energy to power Bitcoin miners.
2022-3-23 09:53 | |
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“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.”...
2022-2-9 17:58 | |
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More cryptocurrency mining companies are buying up coal-burning power plants. Most recently, Pennsylvania-bsed holding company Stronghold Digital Mining bought a powerplant Venango County, Pennsylvania over the summer to power 1,800 mining computers inside shipping containers next to the power plant, NBC News reports.
2021-9-27 17:51 | |
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Bitcoin has been scrutinized for its heavy energy consumption all around the world, with China and few companies taking drastic measures. As most of the Bitcoin mining takes place with the help of coal power plants, the carbon footprint it leaves behind is massive.
2021-8-30 13:39 | |
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Stronghold Digital Mining, a bitcoin miner powered by coal waste, has acquired a second coal refuse site in Pennsylvania with an 80 MW capacity.
2021-8-5 19:54 | |
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Stronghold, a bitcoin mining company powered by waste coal, has filed an S-1 form with the SEC for a $100 million IPO on the Nasdaq.
2021-7-28 19:57 | |
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Stronghold Digital Mining has raised more than $100 million in two private placements supporting its model for sustainable Bitcoin mining.
2021-6-23 03:51 | |
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Stronghold, a bitcoin mining company that claims to eliminate 200 tons of waste coal for each bitcoin mined, has raised $105 million.
2021-6-22 18:32 | |
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Proof-of-Work (PoW) cryptocurrency mining has been the subject of bad press in recent times. Critics argue that excessive energy consumption, and its use of fossil fuels, are wasteful and causing irreparable damage to the environment.
2021-6-11 15:00 | |
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Rising cases of illicit coal extraction played a part in the recent Bitcoin mining ban in China, a report on business outlet Bloomberg said today. The post Illegal coal extraction in China spurred Bitcoin mining ban appeared first on CryptoSlate.
2021-5-26 13:00 | |
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This is positive for the crypto industry because Inner Mongolia is China’s second-largest coal producer, and such a move will push Bitcoin miners towards using renewable sources. The post Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect first appeared on BitcoinExchangeGuide.
2021-5-20 18:09 | |
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Elon Musk has released a statement saying Tesla will no longer accept Bitcoin as payment for its electric vehicles. The firm said the decision was based on the increasing use of coal in Bitcoin mining.
2021-5-13 15:00 | |
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Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.
2021-5-13 01:47 | |
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The hashrate of Bitcoin mining pools has plunged in the past 24 hours. According to BTC. com, Poolin saw the biggest drop of 34. 55% among the top miners, followed by Chinese cryptocurrency exchange Huobi’s Huobi.
2021-4-17 18:03 | |
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Власти Внутренней Монголии решили ограничить криптовалютный майнинг на территории этого автономного района КНР. Об этом сообщает управляющий партнер фирмы Primitive Ventures Дови Ван со ссылкой на местные СМИ.
2019-9-14 18:13 | |
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The technical infrastructure of the Canadian province has been in place since the turn of the century. And much like several states from its border partner just South, many of these relics of the industry are going to waste.
2019-5-24 21:00 | |
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Bitcoin miners made the case for their industry as a driver of clean energy adoption, rather than an ecological disaster, at Fidelity’s Mining Summit.
2019-5-7 07:20 | |
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Operation Black Hands is the newest opportunity brought forth by Choose Yourself Financial. The Operation Black Hands is based on investing in coal and other stocks that have the potential to rise in the coming months.
2018-9-16 09:30 | |
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It’s hard to believe that in a remote town in rural Texas is transforming itself from the dirty coal mines of the 19th and 20th century to the clean digital mines of the 21st century. Bitmain is investing heavily into the town of Rockdale, Texas creating more than 300 jobs to manage the cryptocurrency mining operations.
2018-9-1 05:00 | |
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The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state.
2018-8-28 19:11 | |
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A United States Senator, Steve Daines, has warned that the planned closure of all four units of a coal plant in Colstrip, Montana will not bode well for the state’s Bitcoin mining business.
2018-8-26 20:53 | |
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Australia Could Have The First Solar-Powered Bitcoin Mining Farm In A Coal Town A data center operator from Australia and its crypto subsidiary are developing a first, a Bitcoin mining farm that uses solar power to work, making it one of the most interesting ways to use renewable energy for Bitcoin mining. DC Two, a […]
2018-8-10 23:57 | |
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D Coin and DC Two, which provide crypto mining hosting services, will use some of the cheap solar power in a coal mining town in Western Australia with the first stage likely to be launched in 2019.
2018-8-9 17:03 | |
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A sleepy Texas town is set to reinvigorate the local economy thanks to a multimillion-dollar project to build a cryptocurrency mining and data center in place of a recently closed coal fire power plant.
2018-8-7 17:00 | |
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Bitmain Technologies Ltd. is launching a crypto mining facility and blockchain data center in the U. S. state of Texas at a former aluminum smelting facility with a recently-retired coal power station.
2018-8-7 09:15 | |
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According to the Texas Standard, Rockdale, a town in central Texas, is looking to Bitcoin mining to ease an economic slump caused by the closure of the coal-fired power plant and adjacent mine earlier this year.
2018-7-27 17:25 | |
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Rockdale, a town in central Texas, has made headlines due to plans of converting their town from mining coal, into mining bitcoin according to local reports on July 20, 2018. Bitmain Invades, Again In a post-industrial society, many areas that relied on the extraction of raw resources such as coal are beginning to face an economic struggle.
2018-7-27 01:00 | |
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According to the Texas Standard, Rockdale, a town in central Texas, is looking to Bitcoin mining to ease an economic slump caused by the closure of the coal-fired power plant and adjacent mine earlier this year.
2018-7-26 20:05 | |
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It is now common knowledge that excessive energy consumption directly results in a change of global climatic patterns as well as the depletion of natural resources such as petrol and coal. Not only that, activities such as mining and logging are also responsible for the destruction of natural habitats as well as an increase in air and […]
2018-7-8 01:00 | |
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Overview Southwestern Chinese province, Sichuan has just been struck with heavy storms bringing damaging floods which have wiped out many Bitcoin mining machines. China is known for being a world-wide leader in Bitcoin mining as they have cheap electricity, excess coal, and most of the leading Bitcoin mining pools situated there.
2018-7-2 18:39 | |
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According to The Statesman, an Indian ex-pat by the name Varun Datta has acquired two UK based power plants to bolster the operations of blockchain energy firm, 4NEW. The plans in question, are not traditional coal power plants, nor are they of the nuclear persuasion, instead, Datta has managed to secure two ‘waste to energy’ power plans, which use Anerobic Digestion Technology to convert household waste into electricity.
2018-6-16 15:00 | |
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| Analogue Notcoin - TapSwap |
Bitcoin's legendary volatility is seen as a major concern barring corporate investments, according to Gartner.