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Tag: energy

Iranian crypto miners using household energy will face large fines

May 17, 2021 wp-bot Cointelegraph

Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages.

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Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran

May 17, 2021 wp-bot Bitcoin News

Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to

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Banking system consumes two times more energy than Bitcoin: research

May 17, 2021 wp-bot Cointelegraph

According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year.

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Elon Musk Doubles Down on Dogecoin, Tweets About Ideal Improvements

May 16, 2021 wp-bot Bitcoin News

Elon Musk, CEO of Tesla and Spacex, has doubled down on its bet that dogecoin can become a currency able to address Tesla’s new set

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Crypto industry brass explains harnessing renewable energy could help BTC miners

May 14, 2021 wp-bot Cointelegraph

Bitcoin mining via renewable energy is already prominent, one CEO explains.

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Green energy tokens capitalize on Tesla’s decision to nix Bitcoin payments

May 14, 2021 wp-bot Cointelegraph

Tesla’s decision to cease Bitcoin payments ignited a green energy debate that sent the price of low energy consumption protocols like NANO, HBAR and EWT

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