El Salvador’s president showed the supposed first steps of a geothermal Bitcoin mining facility.
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Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030
New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade.
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Bitcoin’s power consumption this year has already surpassed all of 2020’s
Bitcoin has already consumed more power in 2021 than it did in all of 2020 according to a recent study.
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Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300
Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed
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Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners
Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes
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Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life
The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of
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