New Report Finds 80% of Bitcoin Mining Running on Renewable Energy
A new report from CoinShares into Bitcoin mining suggests the practice is likely loss-making for the majority of miners at current prices. Average Miner ‘Running At A Loss’...
Heat Your Home or Business With a Mining Rig
Bitcoin mining uses a lot of energy to power the processors, which in turn generate a lot of heat. We also use a lot of energy to heat up our living and working environment. If only we...
‘You Can Implement It And Stay In Business’: Crypto CEO Reassures...
Hungary became the most recent country to turn its attention to Blockchain’s application in energy and electricity streamlining last week as the industry looks to shake up legacy...
Bitcoin Miners Cutting Costs by Going Green
Mining Bitcoin and other cryptocurrencies is a costly endeavor, burning through resources and racking up sky high electricity bills. Savvy miners, however, are both cutting Bitcoin...
Dutch Bank Complains About How Much Electricity Bitcoin Uses
Dutch Bank ING released a report complaining about the energy amount that the average Bitcoin transaction consumes. When it comes to Bitcoin, some people just aren’t happy unless...
Bitcoin is So Hot It Takes the Energy of Sri Lanka to Power It
Bitcoin’s unprecedented popularity is giving rise to unprecedented consumption of energy to power it – in fact, it’s like powering Sri Lanka. Like Powering Sri Lanka...
India Has A Booming Economy Despite Global Financial Turmoil
The financial turmoil wreaking havoc throughout the world is leaving most countries trying to figure out where to go from here. One country that is not encumbered by any of these...