Energy Consumption

bitcoin-price-and-energy-use-for-mining-highly-correlated:-un-report
Posted by | October 30, 2023
Bitcoin price and energy use for mining highly correlated: UN report

Update: This article has been updated to highlight that the UN report referenced the Mora et al. 2018 paper, which overestimated the emissions of mining operations by including unprofitable mining...

Continue Reading
crypto-miners-lobby-us.-lawmakers-to-counter-environmental-‘misunderstanding’
Posted by | October 27, 2023
Crypto Miners Lobby U.S. Lawmakers to Counter Environmental ‘Misunderstanding’

When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded...

Continue Reading
bitcoin-miners-seek-alternative-energy-sources-to-cut-costs
Posted by | September 18, 2023
Bitcoin miners seek alternative energy sources to cut costs

During the 2021 bull market, many large mining companies took on massive loans to buy equipment and the proper infrastructure required to mine cryptocurrency. Yet the collapse of crypto exchange...

Continue Reading
bitcoin-energy-value-metric-puts-btc’s-‘fair-value’-at-$47k-—-analyst
Posted by | September 8, 2023
Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst

Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take.However, Charles Edwards, founder of Capriole Investments,...

Continue Reading
bitcoin-is-a-threat-to-the-energy-use-status-quo-–-and-that’s-a-good-thing
Posted by | May 16, 2023
Bitcoin is a threat to the energy-use status quo – and that’s a good thing

Alexandra DaCosta is CEO of Aspen Creek Digital Corporation (ACDC). Prior to ACDC, she spent 18 years on Wall Street where she was most recently head of ESG and impact...

Continue Reading
how-irish-farmers-turn-cow-dung-into-digital-gold-(bitcoin)
Posted by | March 28, 2023
How Irish farmers turn cow dung into digital gold (Bitcoin)

Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin. 2780 Total views 89 Total shares Own...

Continue Reading
bitcoin-mining-advocate-is-going-state-to-state-to-educate-us-lawmakers
Posted by | January 31, 2023
Bitcoin mining advocate is going state-to-state to educate US lawmakers

The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund. 533 Total views 1 Total...

Continue Reading
is-post-merge-ethereum-pos-a-threat-to-bitcoin’s-dominance?
Posted by | September 25, 2022
Is post-Merge Ethereum PoS a threat to Bitcoin’s dominance?

Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how "the competition for liquidity" between Bitcoin and Ethereum will play out after the latter's switch to a proof-of-stake...

Continue Reading
canaan-exec-says-opportunity-outweighs-crisis-as-bitcoin-miners-struggle-with-shrinking-profits
Posted by | August 22, 2022
Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits

2022 has been an exceptionally rough year for the crypto market, and the last few months of Bitcoin’s (BTC) price action could be a sign that bears aren’t even close...

Continue Reading
will-the-bitcoin-mining-industry-collapse?-analysts-explain-why-crisis-is-really-opportunity
Posted by | July 29, 2022
Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity

Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay. 13196 Total views 51 Total shares Bitcoin mining...

Continue Reading