Bitcoin Mining May Prove Useful for Gas Well Owners
Gas companies in Canada are utilizing trapped natural gas otherwise flared to the atmosphere for bitcoin mining, creating a useful application for illiquid energy. Why Flare When You...
Why Bitcoin May Be The Greenest Technology Ever
The benefit for the planet may be incalculable by switching to a sound money like Bitcoin from inflationary ‘cheap’ money that incentivizes waste, incessant growth, and...
Bitcoin Mining: Three Reasons Why Energy Consumption Rhetoric Is Pure...
When they aren’t bashing Bitcoin as a bubble, nocoiners can usually be found trying desperately to prove how the activities of miners will bring about the end of the world. Here...
Banks Consume Over Three Times More Energy Than Bitcoin, According to...
Bitcoin’s network energy consumption has become somewhat of a hot topic as the cryptocurrency grows in popularity. A clean energy researcher, however, says that naysayers are...
New Power Rates for Cryptocurrency Miners in Upstate New York
The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York. Details of the New Rates In a press release issued by the...
Walmart Awarded Patent for Blockchain Based Energy Management
A recent document released by the US Patent and Trademark Office (USPTO) reveals Walmart has filed a patent for managing demand on an electrical grid using cryptocurrency and...
Robotina to Utilize Blockchain Technology to Modernize the Way We...
With a critical energy consumption problem currently plaguing the world, Robotina seeks to rethink the way we interact with traditional power networks. By deploying a myriad of modern...
Kwatt Coin – Tokenized Electricity a Revolutionary Solution
2017 has been a record-breaking, awe-inspiring rollercoaster ride for cryptocurrency valuations increasing by more than 2000% in some cases. With all the hype and global attention on...
Stay Calm! Alarming Bitcoin Power Consumption Projections May Not Be...
There’s been a lot of hype about Bitcoin power consumption, with many outlets saying that it’s getting out of control. However, it may be that such alarmist rhetoric may...
5 Ways to Solve the Bitcoin Mining Energy Crisis
There has been a lot of talk in the news recently about how much energy Bitcoin mining uses and its potential impact on the environment. Today we explore just how much energy Bitcoin...
Bitcoin Miners Consume More Electricity than 19 European Countries
Over the past few years, Bitcoin’s difficulty and hash rates have steadily risen exponentially. So too has the electricity consumption of Bitcoin miners has risen as well, which...