Friday, April 19, 2024
The illegal operation cost the State of Ukraine an amount that circles between $ 186,000 and $ 259,300 in electricity per month. Ukraine's police unit recently unveiled a vast underground crypto mining farm in...
The lower energy consumption for mining Bitcoin has reduced the chances of carbon dioxide emissions. Chinese mining farms are migrating to settle in places with renewable energy like the United States. Currently, Bitcoin...
Venezuela has joined the top 10 nations with the highest hash rate, but many miners have not yet legalized their situation. The authorities ban miners from working at home to avoid causing problems in their surroundings...
Two geothermal plants are the focus of attention within the bitcoin community. Geothermal energy currently produces about 204 MW of electricity, marking 22% of the total source. Nayib Bukele’s proposal of bitcoin (BTC)...
The closure of Chinese mining farms has caused the Bitcoin hash rate to drop and manufacturers of mining equipment to suspend sales. The migration of Chinese miners could change the patterns of CO2 emissions, but they...
The largest manufacturer of Bitcoin mining equipment, Bitmain, suspends the sale of its products due to pressure from Beijing. In recent days, the Bitmain company suspended the sale of the ASIC devices that...
Pressure from the Chinese government could lead the Bitcoin mining business to change its decentralized nature. The state of Texas has a governor who supports the business and its electric bills are among the cheapest in...
Coal-powered mining companies will not receive permits, which slow the proliferation of polluting sources. Critics regret the legislative body's decision as they say mining will increase greenhouse gas emissions. New York’s legislative body...
Sun and Musk agree on the idea that Bitcoin mining is harmful to the environment. Studies reveal that the negative impact of this activity has decreased as the equipment is increasingly efficient. In...
 The idea is to promote the use of renewable energy to mine Bitcoin. The Bitcoin Mining Council intends to standardize reports on energy consumption. Billionaire Elon Musk keeps defending his position about the...