Bitcoin mining

Over the past few years, nuclear energy and natural gas have emerged as the fastest-growing energy sources for Bitcoin mining. The Cambridge Centre for Alternative Finance (CCAF) report revealed that fossil fuels like coal and natural gas…
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Bitcoin enthusiast Michael Saylor has lashed out against “misinformation and propaganda” about the environmental impacts of proof-of-work (PoW) BTC mining. He countered the notion about PoW BTC mining isn’t energy efficient with it being…
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Bitcoin miners across Texas are suspending operations as a severe heat wave is expected to push the electricity grid to its limits. Authorities said more than 1,000 megawatts worth of power allocated for crypto mining is being redirected…
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The government of Sweden gas shown concern regarding the increase in demand for electricity, that has been projected. This is why the government may be considering turning its back, when it comes to mining cryptocurrency. This is according…
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Bitcoin and cryptocurrency have been wildly popular in Asia and Latin America, but in its latest endeavor, it has enticed the people of Africa too. With Kenya's numerous NGOs accepting crypto to stay afloat during the pandemic there will…
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The renowned blockchain company, Valereum, recently reported that the company was selling its mining assets to Vinanz Limited. Valereum is set to achieve a 24% stake in Vinanz Ltd. as a part of the deal. Valereum hopes to expand its…
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Instead of leaving the unstable Central Asian country like fellow crypto miners, BIT Mining is evaluating the impact of political unrest in Kazakhstan. A spokesperson for the bitcoin mining company said it is very much unlikely for their…
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The Bitcoin mining industry has been blamed for being energy intensive and inefficient in its energy use. The mining process is accused of creating environmental problems. Poor sustainable energy records can keep investors away from this…
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The largest miner of bitcoin when it comes to the hashrate is Core Scientific. Also known as CORZ, he has decided to sign an agreement with an investment bank. This is in order to issue up around $100 million in shares, to be given to the…
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Bitcoin mining has become more expensive than ever. With China and Russia, clamping on the miners in their countries, only time will tell what will happen to these currencies. Bitcoin mining is expensive both fiscally and energy wise too.…
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