Bitcoin price and energy use for mining highly correlated: UN report
UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global BTC mining network consumed 173.42 TW/hs of electricity.
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Bitcoin energy pivot achieves what ‘few industries can claim’ — Bloomberg analyst
Bitcoin’s hash rate has continued to increase, yet its emissions intensity has been trending down, contrary to most other industries, Bloomberg analyst Jamie Coutts explained.
Bitcoin miners seek alternative energy sources to cut costs
The next generation of crypto mining will focus on alternative energy sources for efficiency.
Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst
Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000.
The Agenda podcast chats with Energy Web on how to fight climate change with help of blockchain
Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier and why they are building on Polkadot.
The average person’s wealth will be ‘completely destroyed by inflation,’ says Arthur Hayes
Investing in assets "outside of the traditional financial system” is the only way to preserve one’s wealth, according to the former BitMEX CEO.
Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023
New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive.
Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports
Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the…
How Irish farmers turn cow dung into digital gold (Bitcoin)
Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin.
Bitcoin miners as energy buyers, explained
Bitcoin miners as energy buyers utilize renewable energy sources and excess electricity offered by utility companies to fuel their mining operations.