BTC Mining Firm Compute North Files for Bankruptcy
Compute North is the latest crypto-related firm to file for chapter 11 bankruptcy. The filing states that the firm owes $500M to 200 creditors….
Browsing: bitcoin mining
Irish Bitcoin Mining Farm Uses Organic Waste as Energy Source
A BTC mining farm in Ireland is using organic waste as the energy source for its operations. The mining farm is operated by Scilling…
What The ETH Merge Has Accomplished
Ethereum should use 99.9% less energy. Fewer than 40% of the energy used in mining was renewable. Good momentum will be for those projects…
Dispelling Bitcoin’s False Environmental Propaganda
The environment is not negatively impacted by the Bitcoin network: Michael Saylor. Congressmen are urging against “Proof-of-Work” (POW) mining. Miners are considered wholesale energy…
Study: BTC Mining Most Efficient Anti-Greenhouse Solution
An Arcane Research analyst says that mining BTC using excess gas is actually environment-friendly. BTC mining using stranded natural gas far reduces CO2 emissions…
Bitcoin Could Power the World With Green Energy Initiative
Bitcoin gives hope to a long-forgotten renewable energy project. The project is the Ocean Thermal Energy Conversion initiative (OTEC). OTEC will harness thermal energy…
Sustainable Bitcoin Mining Power Mix Hits 59.5%
The share of renewable energy used for Bitcoin mining has increased to 59.5%. The BTC Mining Council is also working on increasing transparency in…
Samsung is Working on New Chip to Power Efficient Bitcoin Mining
Samsung’s new chip can boost efficiency for mining Bitcoin (BTC). The chip will deliver 45% reduced power consumption. It will be 3 nanometers in…
Mining Bitcoin Now Costs $13K Now, Dropped From $24K in June
The cost to mine 1 Bitcoin (BTC) is now $13,000. This is a considerable drop from the $24,000 it cost last month. Only 9.1%…
Bitcoin Closer Complete Scarcity, Only 2 Million Left Unmined
Of the 21 million total Bitcoin availability, 19 million is already mined. Only 2 million Bitcoin (BTC) is left to be mined. The crypto…
Bitcoin Miners in Tug-of-War, HODL vs Sell Bitcoin (BTC)
Miner Hut 8 is holding over $222,000,000 worth of Bitcoin (BTC). Charts show that a significant amount of Bitcoin miners are selling their BTC. …
Kenya’s Electricity Giant To Support Bitcoin Mining
Kenya’s electricity production firm KenGen will sell excess power to bitcoin mining activities. The decision came after crypto miners reached out to the company….
