Bitcoin mining energy consumption has been one of the most addressed issues in the crypto space. Concerns over its energy consumption and environmental impact had been reasons cited during the…
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Energy
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- Blockchain
Energy Crisis Is Forcing Cryptocurrency Mining Companies Out of Kazakhstan
by Mikiby MikiPower shortages are causing some cryptocurrency mining firms to leave Kazakhstan and move to other nations. Crypto mining company Xive announced on Wednesday, November 24 that it is moving its…
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The Navajo Nation’s Bitcoin story might be the most wholesome of the last few months. The mine isn’t only providing employment within the reservation, it’s helping them transition from providing…
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Recent reports show that Bitcoin mining uses great amounts of renewable energy due to economic incentives. This turn of events raised their numbers of sustainable power mix to almost three…
- Blockchain
Russia Considering to Impose Special Energy Tariffs on Cryptocurrency Miners
by Mikiby MikiRussia is considering implementing special energy tariffs on cryptocurrency mining activities amid the widespread migration of miners into the country following China’s recent clampdown on the sector. On Wednesday, October 13,…
- Ripple
Ripple And NelNet Join Forces to Fast-Track Crypto’s March to Renewable Energy
by Mikiby MikiRipple (XRP) Ripple And NelNet Join Forces to Fast-Track Crypto’s March to Renewable Energy Blockchain-based payment company Ripple Labs is furthering its carbon-neutral goal once more. This time with one…
- Ripple
Ripple Makes A $44 Million Joint Solar Energy Investment With Nelnet To Offset Crypto Industry’s Carbon Emissions ⋆ TCNW
by Mikiby MikiAdvertisement & & Blockchain-based payments firm Ripple has announced an eco-focused partnership with Lincoln, Nebraska-headquartered financial services provider Nelnet. Ripple, being the majority investor in the collaboration, will jointly invest…
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The Executive Director of Nelnet Renewable Energy, Scott Gubbels, expressed satisfaction in the partnership while stating that this would allow his firm to advance its clean energy initiative in the…
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El Salvador President Nayib Bukele revealed that the country has started Bitcoin mining using volcanic energy. President Bukele said that the testing and installation process is still going on, but…
- Bitcoin
Bitcoin ($BTC) Network Set to Consume as much Energy as Pakistan in 2021: Bloomberg
by Mikiby MikiBitcoin ($BTC) price continued to slump further in the second week of September and currently trading under $45K. Source: TradingView The top cryptocurrency’s bullish run in August is facing a…
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