The Iran Grid Management Company, also known as the Tavanir, has cut off the power supply to licensed cryptocurrency miners, a significant step against its backing for the controversial adventure.…
Energy
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- Bitcoin
Five Bitcoin Short Films For A Lazy Holiday Evening: Energy, Money, &… Basket?
by Mikiby MikiHappy Holidays from the NewsBTC team. We come bearing gifts. We’ve got the cure for those suffering from cryptocurrency withdrawal syndrome. Spend the evening learning about Bitcoin in the most…
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Since the mass exodus of crypto mining operations out of China based on intensified crackdowns has triggered the urge for sustainable and environmentally friendly mining activities. This is founded on…
- Ripple
Ripple’s Co-Founder Comes Up With A Genius Way To Solve Bitcoin’s Energy Consumption Process ⋆ TCNW
by Mikiby MikiAdvertisement & & Ripple’s co-founder wants Bitcoin to move toward a low-energy consensus algorithm to be environmentally safe. His theory involves taking a snapshot of the current hash rate of…
- Bitcoin
Calls For Tesla To Resume Bitcoin Payments As Mining Reaches 57% Renewable Energy
by Mikiby MikiBitcoin 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…
- 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…