Crypto mining is now drawing in the world’s top renewables producers
At what point will greening crypto energy consumption be enough? En+ Group, the world’s top producer of low-carbon aluminum and the largest private-sector generator of hydropower, has entered its first crypto mining joint venture.The new venture, called Bit+, will focus on creating facilities that support crypto mining with a low carbon footprint. En+ Group’s partner in Bit+ is the Russian company BitRiver, which provides hosting services and turnkey solutions for large-scale, institutional crypto mining operations.BitRiver currently operates the largest data center offering colocation....
Related News
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more efficient management of their resources and miners could take advantage of direct sources of energy that would be wasted otherwise.
Oil Producers and Miners Meet to Talk Bitcoin Mining
Several oil producers and bitcoin miners met last week in Texas to talk about the possibilities of on-site....
Last week, Bitcoin miners and oil producers met in Houston to discuss the possible opportunities for on-site digital mining. They meet in-vehicle warehouse, which served as their point of encounter to examine these opportunities. The meeting had over 200 investors in attendance to deliberate on an alliance aimed at favoring both parties. Related Reading | […]
A renewable energy mix of solar, wind and hydropower will improve bitcoin mining profitability while helping efforts to combat climate change.
The latest Bitcoin Mining Council report showed that the mining industry is rapidly adopting sustainable energy sources to secure the largest crypto blockchain. Bitcoin (BTC) mining companies are further adopting green energy as the global Bitcoin mining industry increased its sustainable energy mix by approximately 59% year over year.The Bitcoin Mining Council (BMC) is group of 44 Bitcoin mining companies claiming to represent 50% of the global Bitcoin network, or 100.9 exahash (EH). It released a new report on Monday April 25 with the findings. The group is also fronted by Bitcoin....
En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia.