Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will […]
More than a decade after Satoshi Nakamoto combined proof of work and bitcoin mining together, fallacious comparisons of “energy cost per transaction” continue to be spread by seemingly intelligent and well-researched individuals. We can trace […]
Concerns about energy production, resource consumption and its impact on the environment are one of the dominant topics of debate on the global stage. The intensive energy costs of mining Bitcoin and other proof-of-work cryptocurrencies […]
Norweigan energy service provider Aker Solutions is spinning up a new business dedicated to Bitcoin (BTC) after its CEO, Kjell Rokke, talked up the importance of the digital asset in a recent shareholder letter. On […]
Energy consumption from Bitcoin mining is massive, and people are taking notice. The increases have been scaling fast, with mining energy usage quickly surpassing the totals of small countries. And many see this ever-increasing carbon […]
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