Eco-friendly Sacrifice to Change BTC Mining
Two companies are participating at the same time in a DUO SACRIFICE PHASE. Sacrifice to show your voice that the world needs eco-friendly BTC mining going forward, by 2024, it is estimated that BTC mining will use as much electricity as the country of Australia. Change can happen, but only if voiced together through a […]
Related News
KnCMiner, a Stockholm-based bitcoin mining hardware designer, has announced today the deployment of its home-designed 3D bitcoin mining 16-nanometer chip. The company said in a press release: Commenting on his company's latest achievement, KnCMiner's CEO Sam Cole, said: The 3D design improves the speed of the processors and dramatically increases energy efficiency, KnCMiner said, adding that "better efficiency results in even more environmentally friendly Bitcoin transaction processing." "Never before in history has this kind of technology seen the light of day. The move down to the 16....
The Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take action against crypto mining. The federal government’s entity recommends the Biden administration should encourage more research about mining’s electricity consumption and codify public policy for the entire mining industry.
Office of Science and Technology Policy Report Claims Something Needs to Be Done to Stop Crypto Mining Pollution
According to the....
When CoinCadence announced that P2Pool.org was being sold there was quite a bit of trepidation in the mining world. The change in ownership of this domain is quite a big deal for the large and growing portion of the mining world that uses P2Pool. I was able to interview Ian Treibick, founder of CoinCadence, and he was able to put my mind at ease with his response. CoinCadence's purchase and dedication to P2Pool is a huge step forward for the Bitcoin mining world. The need for P2Pool has been highlighted by the threat of 51% attack from pools such as Ghash.io. I look forward to P2Pool....
On Tuesday, Stronghold Digital Mining, Inc., an ESG-friendly cryptocurrency miner announced it has raised $105 million in two private equity securities funding rounds. Stronghold’s operations convert waste coal into alternative energy in order to mine bitcoin and other cryptocurrencies. ESG-Friendly Crypto Miner Turns Coal Waste to Bitcoin, Operation Raises $100M While many have been focused on the environmental concerns stemming from outdated reports and maps, a number of ESG-friendly cryptocurrency mining firms have been making moves in the industry. Stronghold Digital Mining is a....
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim.
Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China
Cryptocurrency mining has become a dirtier process after the Chinese government effectively prohibited bitcoin extraction in the People’s Republic, according to research published in the Joule....