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Tag: Electricity

China’s Carbon Neutral Stance Puts Pressure on BTC Miners, Sichuan Electricity to Increase 150%

April 24, 2021 wp-bot Bitcoin News

Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown

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Chinese investors reboot Iranian Bitcoin mining facility

April 15, 2021 wp-bot Cointelegraph

A Chinese–Iranian Bitcoin mining facility is set to resume operations after being forced to shut down earlier in the year.

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Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup

April 15, 2021 wp-bot Cointelegraph

However energy consumption has not matched the 170X price increase over the same period.

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Australians can now exchange solar energy credits for beer with blockchain

March 31, 2021 wp-bot Cointelegraph

Victoria Bitter has partnered with blockchain energy trading platform Power Ledger to allow customers to earn beer with surplus solar energy.

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Nic Carter takes aim at claims Bitcoin is an environmental disaster

March 31, 2021 wp-bot Cointelegraph

Carter argues that mining is concentrated in areas where there is an excess of energy.

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90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says

March 29, 2021 wp-bot Cointelegraph

The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said.

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