Bitcoin Mining Now Most Sustainably-Powered Global Industry: Data
Data shows that the Bitcoin mining sector has become the most sustainably-powered global industry, as more than 50% of it uses clean energy. Majority Of Bitcoin Mining Industry Uses Clean Energy Sources One of the main criticisms against BTC is that the sector uses a considerable amount of energy and, thus, releases a notable amount of emissions. Things appear to be developing for the better and quite fast. In a new post on X, the co-founder of CH4Capital, Daniel Batten, has shared a few charts that look into the sustainability of the BTC network and how it compares with other sectors. The....
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Australian bitcoin firm digitalBTC has announced a multi-year hosting and power supply agreement with Verne Global - a UK-based company specialised in "power-conscious" data centre solutions. Under the agreement, digitalBTC will instal mining hardware at Verne Global's data centre campus in Iceland, which is powered exclusively by renewable energy, and will source approximately 50% of its power needs from the company. The remainder of its Icelandic electricity requirements will also be sourced from green suppliers, digitalBTC indicates. Cutting operating costs. DigitalBTC highlights a....
According to the Bitcoin Mining Council, the global Bitcoin mining industry now uses 56% sustainable energy. The global Bitcoin mining sector has reached a 56% sustainable power mix in Q2, according to estimates from a Bitcoin Mining Council (BMC) report. “Bitcoin mining uses a negligible amount of energy, is rapidly becoming more efficient, and is powered by a higher mix of sustainable energy than any major country or industry,” a July 1 press release from the council stated. The estimate was based on a three question survey of just 32% of the miners on the network. It found respondents....
De Beers has launched its long-awaited blockchain-powered Tracr platform to track and manage diamond production. Global diamond mining firm De Beers has launched a proprietary blockchain-powered platform to manage its diamond production and distribution.The firm has long been at work on a blockchain system to trace, record and manage its diamond mining, production and distribution across the globe. The Tracr platform was first piloted and tested back in 2018, and the company has finally released the platform at scale to serve the wider diamond mining industry.De Beers has already....
Curve has observed gains of more than 20% in the past week, but this rally may not continue for long, as a whale has made a large move to exchanges. Curve Has Enjoyed A Sharp Rally Over The Past Week CRV has gone against the grain recently as it has registered some sharp bullish momentum during a period where the largest coins in the sector, like Bitcoin and Ethereum, have struggled. Following this latest uptrend, the Curve DAO token’s price has risen above the $0.52 mark. Here is a chart that shows how the cryptocurrency has performed over the past month: Looks like the value of the....