Auto Added by WPeMatico

BTC energy use jumps 41% in 12 months, increasing regulatory risks

Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining.

Continue ReadingBTC energy use jumps 41% in 12 months, increasing regulatory risks

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services…

Continue ReadingMining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City

On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the…

Continue ReadingFort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City