News about ENERGY

News about Energy

How can people say Bitcoin "uses too much energy" with a straight face while supporting a system that has literally mobilized armies to fight wars around the world to prop up its value?

How many times I hear people say this unironically is just bewildering. submitted by /u/GeorgePakaw [link] [comments]

Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings

This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and occurs...

Energy is Reality

Stop complaining. Have a vision for the future…. Get in the present moment and make it happen. submitted by /u/mondolpc [link] [comments]

Bitcoin vs. Banks: New analysis reveals that Bitcoin mining consumes less energy

submitted by /u/CriptoinformeNews [link] [comments]

PayPal, EnergyWeb propose incentive program for bitcoin miners who go green - The Block

PayPal, EnergyWeb propose incentive program for bitcoin miners who go green& & The Block

Energy loves bitcoin

Good report on Bitcoin and energy by the institute of risk management, no other asset is this powerful https://www.theirm.org/news/bitcoin-and-the-energy-transition-from-risk-to-opportunity/ submitted by /u/hateschoolfml [link]...

ceτi AI Acquires Big Energy Investments Inc. to Boost Its High-Performance Computing Capabilities in North America

PRESS RELEASE. Vancouver, Canada — April 18th, 2024 – ceτi AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce its acquisition of Canadian company Big Energy Investments Inc., a firm specializing in strategic...

Norway Draws The Line: Crypto Mining Faces Ban Over Energy Usage

The Norwegian government has enacted a new law aimed at reining in the burgeoning industry of crypto mining. The law, disclosed in a report by local news outlet VG on Monday, signals Norway’s resolve to regulate and potentially shutter cryptocu...

"Bitcoin Mining Leads Global Industries in Sustainable Energy Use" - thoughts on how this informs or disproves the need for regulation? Who's doing a good job of this?

submitted by /u/Ok_Comparison449 [link] [comments]

Bitcoin & energy by KPMG

Bitcoin is the only asset using excess, renewables and/or wasted energies while incentivizing more infrastructure build out https://kpmg.com/us/en/articles/2023/bitcoin-role-esg-imperative.html submitted by /u/hateschoolfml [li...

Uses too much energy and needs wires

submitted by /u/MgKx [link] [comments]

Norway to Regulate Energy-Intensive Crypto Mining Activities

Norway plans to regulate cryptocurrency mining activities in the country by restricting data centers. Two government officials intend to propose a new law that will bring the data center industry under regulatory oversight for the first time in Norwa...

Paraguayan Senate Supports Selling Power to Crypto Mining Companies, Criticizes Subpar Energy Agreements With Brazil

The Paraguayan Senate has approved a resolution supporting selling the country’s energy surplus to crypto mining companies, given the price and guarantees that these institutions offer. The declaration criticizes the subpar agreements that sell...

Paraguay to reconsider Bitcoin mining ban, mulls selling energy to miners - Cointelegraph

Paraguay to reconsider Bitcoin mining ban, mulls selling energy to miners& & Cointelegraph

Publicly-Traded Bitcoin Miner Runs on 100% Renewable Energy, Audit Confirms - Bitcoin Magazine

Publicly-Traded Bitcoin Miner Runs on 100% Renewable Energy, Audit Confirms& & Bitcoin Magazine

Publicly-Traded Bitcoin Miner Runs on 100% Renewable Energy, Audit Confirms

Publicly-traded bitcoin mining company Gryphon Digital Mining (“Gryphon”) is currently mining bitcoin with 100% renewable energy, according to a third-party audit the company has made public.Gryphon is taking a bold step in #ESG leadership by publish...

Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs

On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining Fleet With 6 EH...

Arkon Energy Strikes Deal With Bitmain for 27700 Bitcoin Mining Rigs – Mining Bitcoin News - Bitcoin.com News

Arkon Energy Strikes Deal With Bitmain for 27700 Bitcoin Mining Rigs – Mining Bitcoin News& & Bitcoin.com News

Arkon Energy Orders 27700 New-Generation Bitcoin Mining Machines from Bitmain - Bitcoin Magazine

Arkon Energy Orders 27700 New-Generation Bitcoin Mining Machines from Bitmain& & Bitcoin Magazine

Arkon Energy Orders 27,700 New-Generation Bitcoin Mining Machines from Bitmain

Arkon Energy US Holdco LLC, a leading player in Bitcoin mining infrastructure, has placed a significant order with Bitmain Development Pte. Ltd. for 27,700 new-generation Bitcoin mining machines, according to a press release sent to Bitcoin Magazine....

Bitcoin is NOT backed by energy, or code, or by anything else you care to name

This is something I see flung around a lot, even by prominent bitcoiners. For it to be backed by something that means there is some specific commodity or asset underwriting its value. And, theoretically, you can exchange the currency to this underlyi...

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