US Bitcoin mining firm turns to harmful coal waste for cleaner energy
In a bid to make crypto mining more environmentally friendly, Stronghold Digital Mining is turning harmful waste from coal mining into clean energy to power Bitcoin miners.
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US Congressman: Bitcoin Mining Will be Beneficial for America’s Energy Independence
Pete Sessions – Congressman representing Texas’ 17th Congressional District – claimed bitcoin will be a stimulating factor in rebuilding the USA’s energy independence. Among the supporters of his opinion was…
US Bitcoin Miner Uses Coal Waste to Generate Electricity (Report)
Pennsylvania-based cryptocurrency mining company – Stronghold Digital Mining – reportedly employs coal waste to power its hundreds of supercomputers. Thus, the company aims to use a byproduct instead of harming…
Bitcoin mining could be good for US energy independence: Research
Texas representative Pete Sessions made a simple yet powerful statement that the proliferation of the Bitcoin mining industry could promote energy independence in the country.
Bitcoin to be Adopted as Legal Tender, Proposes Malaysian Ministry (Report)
Malaysia’s Communication Ministry has reportedly urged the government to embrace cryptocurrencies such as bitcoin as an official payment method inside the country’s borders. According to a March 21 report by…
Bitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment
Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second…
Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
Miners that hodl the most Bitcoin are ‘relentlessly expanding’
According to a series of mining metrics, not only are miners holding hard but they’re also dramatically increasing their hash rate.
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a…
Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%
The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter.
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