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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.
Altcoin Watch
Plans to introduce staking and the recent listing on Kraken pushed Energy Web Token’s trading volume and price to a new all-time high.
Energy Web Token (EWT) rallies 50% shortly after listing on Kraken
Jordan Finneseth
2021-03-03T19:50:00+00:00
16478
News
A peer-to-peer marketplace based on PowerLedger's blockchain technology will enable consumers and prosumers to trade their surplus rooftop solar energy.
Public, private actors in Delhi trial blockchain-based solar energy trading
Marie Huillet
2021-03-03T09:57:48+00:00
5551
News
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals.
China’s Inner Mongolia to shut down crypto mining farms by April
Helen Partz
2021-03-01T12:36:18+00:00
9696
News
The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining.
Belarusian government explores potential move into crypto mining
Helen Partz
2021-02-26T12:08:55+00:00
7939
News
Kristy-Leigh Minehan said the state doesn't currently have enough mining hardware to cause significant problems for the power supply.
Bitcoin mining likely didn't contribute to Texas' power outages, says expert
Turner Wright
2021-02-23T21:35:58+00:00
12656
News
Some Portuguese residents will reportedly be able to pay for electricity in Bitcoin starting from February.
Portuguese power company to accept Bitcoin for electricity bills
Helen Partz
2021-02-19T09:47:39+00:00
11944
News
Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners.
Russian crypto mining firm scrambles to meet foreign demand
Helen Partz
2021-02-18T08:46:00+00:00
9166
Analysis
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before ...
Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
Joshua Mapperson
2021-02-10T02:48:15+00:00
21049

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