2023-7-27 19:00 |
It's all about solving "the duck curve" problem on the grid. This op-ed is part of CoinDesk's Mining Week. origin »
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Seven Democrats are asking Texas grid operator how bitcoin mining is impacting the state.
2022-10-13 19:55 | |
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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.
2022-9-2 22:29 | |
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The new era for mining in the state might look more like a slog than a boom – but it could also be better for the electric grid.
2022-8-30 23:00 | |
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Some miners are earning more selling power back to the grid than through mining bitcoin.
2022-8-26 03:49 | |
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Some miners are earning more selling power back to the grid than through mining bitcoin.
2022-8-26 03:49 | |
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The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator.
2022-8-6 00:32 | |
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New amendments recently signed by the country’s president could bolster the energy grid refit while keeping overall prices relatively moderate.
2022-8-3 16:07 | |
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Bitcoin miners are cooperating with Texan authorities to help alleviate the states energy grid in anticipation of a heatwave; over 1,000 megawatts worth of power allocated for Bitcoin mining is...
2022-7-12 21:57 | |
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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.
2022-6-14 05:45 | |
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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.
2022-6-11 00:30 | |
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Bitcoin strengthens the grid due to the incentivization of energy production. It supports the people who need electricity and miners as buyers of last resort.
2022-4-19 20:00 | |
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Bitcoin enables mining utilities to engage in agreements that are mutually beneficial to miners and the electricity grid.
2022-3-13 01:00 | |
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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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Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says.
2020-6-8 12:00 | |
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Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies.
2019-12-28 23:05 | |
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The Iranian government is cracking down on bitcoin mining operations after claims that mining operations were destabilizing the power grid and affecting electrical access for households and businesses.
2019-6-29 00:19 | |
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On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media.
2019-6-27 20:45 | |
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Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid.
2019-6-26 00:30 | |
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The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy.
2019-5-31 16:50 | |
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This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.
2019-5-31 20:14 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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Authorities in Abkhazia have cut off 15 mining facilities from the territory’s electrical grid. The short-term measure is meant to alleviate power shortages during the cold winter months. The operators of the farms have fully cooperated with the local electric utility.
2019-1-2 21:40 | |
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When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs.
2018-12-22 21:41 | |
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The tiny Republic of Abkhazia has high hopes that cryptocurrency mining and operations could be its solution to economic woes. But the rickety ex-Soviet electricity network is already at capacity, leaving risks of blackouts if a cold snap hits.
2018-12-20 10:00 | |
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Soluna, a blockchain company began plans to create a 900-megawatt wind farm with the aim of generating power for a computer center in Dakhla in the Morocco-administered Western Sahara Desert. Initial work on the facility will begin in 2019.
2018-8-11 17:00 | |
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Due to substantial energy demand, cryptocurrency mining businesses face scrutiny from both government bodies and utility departments. However, a Canadian mining venture is taking a unique path to prevent such backlash – by constructing its own electrical grid – as per reports on August 1, 2018.
2018-8-5 06:00 | |
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Crypto mining is one of the world’s largest sources of energy consumption. Typically, you pay money for electricity, and this is an accepted cost of mining. But you can make even more money through crypto mining when you steal electricity – and that’s what people around the world have started to do. Approximately $90 billion […]
2018-7-31 08:56 | |
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DMG Blockchain Solutions Inc. has announced that it has begun installation of its own 85-megawatt capacity transformer and electrical substation, which will power the expansion of DMG’s flagship cryptocurrency mining facility.
2018-7-29 11:16 | |
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DMG Blockchain Solutions Inc. , a diversified blockchain company, is in the process of installing an 85-megawatt transformer and electric substation for the company's cryptocurrency mining facility, according to a company statement.
2018-7-27 17:49 | |
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Carbon Grid Protocol is going to make blockchain transactions and mining environmentally friendly through their decarbonizing. The post Why Carbon Grid Protocol is Unique in Blockchain appeared first on CoinSpeaker.
2018-6-29 09:58 | |
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Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.
2018-6-11 03:08 | |
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With institutions like BlackRock, Fidelity and Ark Investments all seeking SEC approval for Bitcoin ETFs, it's time to thank Bitcoin miners for laying the groundwork for industry expansion.
Machine efficiency and low cost of power are key to surviving the bitcoin halving.
Publicly-traded miners are prone to pursue marketing stunts as a way to raise their stock prices. Press releases about AI and HPC initiatives are the latest examples. This op-ed is part of CoinDesk's Mining Week.
The world’s biggest bitcoin mine has drawn the ire of some local residents concerned with Bitcoin's community impact.
Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels.
Though the Bitcoin halving will reduce rewards for miners, the prospects for the industry remain bright and innovations like Ordinals promise more demand for miner services in the future.