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Energy News

Energy for blockchain products is one of the main topics of discussion for the development process of the cryptocurrency industry. As Bitcoin mining is very demanding in terms of energy usage and has become even harder to do over time, Bitcoin’s proof-of-work algorithm has been altered in other, less consuming algorithms for new cryptocurrencies. Bitcoin’s influence on the energy sector is hard to overestimate. Bitcoin energy consumption is currently taking more energy than most countries on the planet. This is not just the reason for the large profits in the energy industry but also a warning for the environment, as it is a threat to the climate with an amount of 20 megatons of CO2 emission per year. The reduction of the energy consumption for cryptocurrencies is also an important task as government environmental policies may become an obstacle for the blockchain industry.
News
Australian shopping mall operator with 70 locations across the country is testing Power Ledger’s blockchain solution for solar energy management.
Australian Real Estate Major to Trial Blockchain-Powered Solar Energy Management Solution
Ana Berman
2018-09-25T21:25:00+01:00
9870
News
Chairman of an Icelandic data center provider claims that the local crypto industry is going to shift from crypto mining to “pure blockchain business.”
Iceland’s Industry to Shift From Crypto Mining to ‘Pure Blockchain Business,’ Insiders Say
Helen Partz
2018-09-23T15:06:00+01:00
12640
Sponsored
A Singapore startup is tackling transport carbon emissions with blockchain-enabled electric vehicles that mine cryptocurrency for the user as a reward.
Startup Launches Blockchain Powered Electric Vehicles That Mine Cryptocurrency
Eddie Mitchell
2018-09-19T16:25:00+01:00
6356
News
A joint Swiss-based venture made up of banks and industry players will oversee a new blockchain-based platform for financing commodity trading.
Major Banks, Industry Players to Launch Blockchain-Based Commodities Platform
Marie Huillet
2018-09-19T14:25:00+01:00
6715
News
In response to a natural disaster challenge, a dev claims to have completed a solar-powered, off-grid crypto transaction using shortwave radio and blockchain.
Developer Completes "Proof-of-Life" Off-Grid Crypto Transaction Primed for Post-Apocalypse
Marie Huillet
2018-09-18T18:25:00+01:00
14623
Analysis
Bitcoin’s rising energy consumption doesn’t rise quite so fast in the summer.
Bitcoin’s Energy Consumption in Summer: Rise or Fall?
Simon Chandler
2018-09-14T00:28:00+01:00
5421
News
A Chinese holding company is in negotiations to convert a U.S. Defense Department data center into a crypto mining farm.
Chinese Holding Firm to Convert US Defense Department Data Center Into Crypto Mining Farm
Ana Alexandre
2018-09-12T00:38:00+01:00
13405
News
French energy group ENGIE has teamed up with consulting firm Maltem to establish a blockchain software offering geared toward commercial clients.
Energy Firm ENGIE Partners With Consulting Firm to Create Blockchain Software Offering
Ana Alexandre
2018-09-07T23:22:00+01:00
57480

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