Bitcoin Mining Is Shockingly Mostly Powered by Green Energy

Bitcoin Mining Is Shockingly Mostly Powered by Green Energy

TweetFacebookLinkedInBy CCN: Contrary to popular opinion, it appears that Bitcoin mining might not be as bad for the environment as people think. In a highly detailed report, CoinShares research reveals that 74% of mining activity runs on renewable energy.“We show that Bitcoin mining is mainly located in global regions where there are ample supplies of…

Bitcoin Mining: Key Stat Exposes Ridiculous Energy Consumption FUD

Bitcoin Mining: Key Stat Exposes Ridiculous Energy Consumption FUD

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Aussie Crypto Startup Power Ledger Brings P2P Energy Trading to Largest US Market

Aussie Crypto Startup Power Ledger Brings P2P Energy Trading to Largest US Market

Advertisement Twitter Facebook LinkedIn News today sees notable blockchain project Power Ledger launching its peer-to-peer trading product for renewable energy. Power Ledger will launch with American PowerNet at their home base in Pennsylvania. Power Ledger Power Ledger is a blockchain-based solution for renewable and cost-effective energy. (Power Ledger also has their own cryptocurrency – POWR…

Experts: No, Bitcoin Will Not Consume All the World’s Energy

Experts: No, Bitcoin Will Not Consume All the World’s Energy

Advertisement Every now and then a major news outlet gets carried away and reports that Bitcoin will consume all the world’s power. A conspiracy theorist might say that such stories are instigated by the international banking cartels in order to stoke fears that Bitcoin is not a sustainable alternative to fiat currency, and recent findings…

Alarm Over Bitcoin Mining is a Red Herring: Energy Researcher

Alarm Over Bitcoin Mining is a Red Herring: Energy Researcher

Advertisement The amount of electricity consumed by bitcoin mining is not the global environmental crisis it is often portrayed to be. This is the professional assessment of Dr. Katrina Kelly-Pitou,  a research associate in electrical and computer engineering at the University of Pittsburgh. ‘New Technologies Are Energy Intensive’ Writing in an article penned for non-profit academic…