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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.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

U.K.-based Argo Blockchain just did record revenues, but a new report suggests 75% of Bitcoin mining still takes place in China, where “blood coin” is made.

UK Bitcoin mining revenues soar, but China hogs 75% of ‘blood coin’ production

2021-04-07T09:23:45+01:00

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“Blood coin,” “clean coin” and maybe even “virgin coin” will become commonplace phrases as Bitcoin’s environmental concerns continue to rage.

No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption

2021-04-05T11:51:05+01:00

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Market Analysis

Blockchain projects focused on optimizing the energy sector are gaining traction as greater emphasis is placed on conservation and efficiency.

Blockchain-based renewable energy marketplaces gain traction in 2021

Jordan Finneseth

2021-04-03T22:05:00+01:00

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Victoria Bitter has partnered with blockchain energy trading platform Power Ledger to allow customers to earn beer with surplus solar energy.

Australians can now exchange solar energy credits for beer with blockchain

2021-03-31T14:14:55+01:00

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The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said.

90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says

2021-03-29T10:42:37+01:00

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The COVID-19 pandemic has highlighted the necessity for the digitalization and sustainable development of African economies.

Africa’s solarized digitalization agenda in the time of coronavirus

2021-03-20T13:07:00+00:00

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Billionaire Kjell Inge Røkke believes BTC will become an important feature of the new monetary system.

Norweigan energy tycoon spins up new Bitcoin business

2021-03-09T19:30:00+00:00

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Energy Web plans to use blockchain technology to help ensure an efficient future for Volkswagen’s electric vehicles.

Volkswagen pilots blockchain to integrate electric vehicles with power grids

2021-03-04T12:28:55+00:00

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