Mining 14/07/21 04:03 by Taylor Scott

3,000+ PlayStation Consoles Discovered In Raid, Modified To Mine Crypto

We’ve seen esports and gaming get integrated in the crypto landscape left and right lately – but not quite in ways like this. Thousands of PlayStation consoles were  last week modifie...
Read More

Mining 11/07/21 17:56 by Newton Gitonga

Authorities Raid Largest Crypto Mining Farm In Ukraine, Cites Illegal Power Connection

In the latest crackdown on illegal crypto mining, the Security Service of Ukraine (SSU) busted a mining operation, arresting an unspecified number of miners and recovering over 3500 PS4 gaming consol...
Read More

Crypto 07/07/21 18:29 by NewsBTC

DOREN Blockchain Scores Bithumb Global for First Listing

Renewable energy blockchain DOREN is listing on Bithumb Global. DOREN’s DRE token will be available for trading from 2 pm (GMT+8) today, July 7. Also, the blockchain recently launched its servi...
Read More

Mining 07/07/21 18:06 by Eduardo Próspero

China Banned Bitcoin Mining. What Happens To Small Hydropower Stations Now?

This China Business News report about hydropower stations will blow your mind. It contains revelation after revelation and clears the situation up. Now that Bitcoin mining is prohibited, who’s c...
Read More

Mining 02/07/21 14:56 by Eduardo Próspero

Controversial Bitcoin Mining Council Confirms “Sustainable Power Mix”

The Bitcoin Mining Council is back at it. The controversial initiative lead by Michael Saylor presented “the findings of its first quarterly survey focused on two important metrics: electricity ...
Read More

Mining 01/06/21 15:00 by NewsBTC

Which Are the Best Cryptocurrencies to Mine?

The mining of cryptocurrencies can be a lucrative venture, depending on which consensus algorithm the ecosystems use. Finding the right cryptocurrency to mine can be a lot more complex than people ass...
Read More

Mining 31/03/21 18:00 by Samuel Wan

Fracking Companies Pivot to Mining Bitcoin as Pandemic Woes Continue to Bite

Bitcoin is often slammed over its high electricity consumption. Critics argue this is wasteful and unsustainable in the long term. However, in an unusual twist to the environmental debate, it turns ou...
Read More

Mining 19/03/21 13:27 by J. Mac Ghlionn

Bitcoin Mining: The Cold, Hard Truth

Last month, The Guardian’s Lauren Artani wrote, “It’s not just the value of bitcoin that has soared in the last year – so has the huge amount of energy it consumes”. Why, exactly, does...
Read More

Bitcoin 12/02/21 13:15 by Samuel Wan

BBC Says Tesla’s Bitcoin Buy Weakens Its Green Credentials

Tesla announced on Monday it had purchased $1.5bn worth of Bitcoin, which boosted the entire cryptocurrency sector. However, some criticized the move due to the added financial risk this imposed on th...
Read More

Bitcoin 06/02/21 12:21 by Bernice Nyambura

Bitcoin Network’s Electricity Consumption Is Extremely High, But There’s A Bigger Culprit

On February 2, Bitcoin regained price above the $35k level a week after momentarily dropping below $30,000 on 27 January. The top coin has gained 8.04% in the last 24 hours to trade at $40,358 at pre...
Read More

Mining 01/12/20 17:09 by Guest Author

Mining City: A Blueprint for Success?

“Together we grow!” This is the slogan of Mining City, a company with a solid foundation in the cryptocurrency market. Is this catchphrase a real promise, or an oversta...
Read More

Mining 29/08/20 15:41 by Bernice Nyambura

Bitcoin Bound to React to Raised Electricity Costs in Inner Mongolia’s Crypto Mining Farms

Former Head of Inner Mongolia Electric Power Company was allegedly investigated by Chinese Authorities, following a recent disclosure that Inner Mongolia had suspended subsidized electricity costs fo...
Read More

Mining 13/08/20 11:03 by Brenda Ngari

Five Crypto Miners Arrested In Malaysia For Stealing State Electricity

Five cryptocurrency miners have been arrested in Malaysia for their part in stealing electricity worth approximately RM 250,000 (equivalent to $59,580.58) a month to mine crypto, local news agency Th...
Read More

Mining 06/12/19 16:46 by Guest

Alpha Mining Project Set To Become Largest Crypto Mine In North America

China accounts for over 60% of global Bitcoin mining, but a new project is about to change that. The Alpha Project by BitPlus is a 50 million dollar project aiming to create the biggest crypto mining...
Read More

Other 05/12/19 22:59 by Guest Author

Decentralizing Electricity Production And Power Consumption

When you press an electric switch in your house, a bulb starts glowing immediately. Apparently, it seems very ordinary and insignificant as to what’s behind all this, but if you look at it, the res...
Read More

Crypto 04/12/19 21:00 by Rick D.

Major European Firms Harness Blockchain to Track Renewable Energy

Two major companies from the Iberian peninsular have just announced the launch of a blockchain-powered system to verify the sustainability of electricity. Spain’s department store El Corte Ingl�...
Read More

Crypto 30/11/19 19:34 by Anatol Antonovici

IMF Calls on Georgia to Evaluate Crypto Income for Trade Balance

The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on Crypto Mining The...
Read More

Mining 24/11/19 17:21 by Christine Vasileva

New Siberian Bitcoin Mining Farm is Russia’s Largest

BitRiver, the newly launched mining farm in Siberia, is now Russia’s largest bitcoin (BTC) mining facility. Mining billionaire Oleg Deripaska’s venture is already attracting large-scale client...
Read More

Bitcoin 21/11/19 15:45 by Lubomir Tassev

Bitcoin Emits Less Carbon Than Previously Claimed, New Study Finds

Bitcoin has been regularly attacked for its energy-intensive mining process, powered by serious amounts of electricity. It’s been claimed that it leaves a carbon foot print comparable to that of...
Read More

Bitcoin 20/11/19 20:00 by Tony Spilotro

Bitcoin Impact on Climate Change Negligible, Nearly Half of Emissions From China

Recently, it was reported that Bitcoin mining now consumes as much as a quarter percent of the entire world’s electricity supply, putting it on par or higher than many small nations. However, the ac...
Read More