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energy consumption

BUSINESS

Bitcoin Exchanges FTX, BitMEX Commit To Becoming Carbon Neutral

Namcios -
Bitcoin exchanges FTX and BitMEX committed to donating portions of the money they spend on transaction fees to offset carbon emissions.
BUSINESS

As Bitcoin Companies Make The Industry Green, Investors Will See The Light

Jessie Willms -
As companies like Ninepoint and Greenridge have demonstrated, Bitcoin is going green. And this will attract more institutional investors.
BUSINESS

Research: Bitcoin Consumes Less Than Half The Energy Of The Banking Or Gold Industries

Namcios -
A recent report from Galaxy Digital found that the Bitcoin network consumes less than half the energy consumed by the banking or gold industries.
BUSINESS

Argo, DMG Blockchain Join Group Promoting Bitcoin Mining Decarbonization

Sujha Sundararajan -
Bitcoin mining firms DMG Blockchain Solutions and Argo Blockchain have joined an accord promoting industry decarbonization.
BUSINESS

Bitcoin Miner Greenidge Generation Commits To Being Carbon Neutral By 2021

Namcios -
Greenidge Generation has announced it will offset all greenhouse gas emissions from its bitcoin mining operations by June 2021.
MARKETS

Following Misguided Elon Musk Tweet, Bitcoin Price Dips

Dylan Leclair -
A tweet from Tesla CEO Elon Musk, making inaccurate claims about Bitcoin’s energy use, likely caused a dip in the bitcoin price.
BUSINESS

Argo Blockchain Buys Hydro Data Centers To Realize Green Bitcoin Mining Vision

Namcios -
Argo Blockchain has purchased two hydro-powered data centers, allowing it mine bitcoin in a more sustainable and green way.
BUSINESS

How Bitcoin Shakes The Energy Industry

Adam Ortolf -
Stranded natural gas operations could be the next major avenue of Bitcoin’s entry into the global energy production industry.
BUSINESS

Introducing CBEI: A New Way To Measure Bitcoin Network Electrical Consumption

Tyler Bain -
Using the Composite Bitcoin Energy Index (CBEI), we can determine how much electrical power Bitcoin draws and how much electrical energy it has used.
BUSINESS

State Document Reveals Details of Iran’s Cryptocurrency Mining Regulations

Maziar Motamedi -
Iran’s local cryptocurrency community welcomes the legitimization of mining as an industry but feels that miners aren’t being treated fairly.
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