Swedish Energy Minister: We need energy for more useful things than block reward mining
The minister believes that as power becomes scarcer in Sweden, the country may have to make difficult choices, and BTC miners could be among the casualties.
Latest energy consumption News
US block reward miners may face reporting requirements to EPA, DOE soon
Six U.S. lawmakers have written a letter to the EPA and the DOE arguing that U.S.-based mining operations should be required to report their emissions and energy use.
Paraguay senators pass digital assets and block reward mining bill
The regulation introduces guidelines for the mining, commercialization, intermediation, exchange, custody, and administration of digital assets or instruments that allow control over digital assets.
Texas BTC miners shut down operations due to record-breaking heat wave
The heat wave in Texas is setting new records, leading to a spike in electricity demand by the residents, and BTC miners have to take a back seat.
Uzbekistan publishes guidelines for registering block reward mining businesses
The guidelines set out definitions of digital currency terms, it also spelled out requirements and conditions for obtaining a mining permit and how the NAPP reached its decision to grant it.
Swiss miner White Rock launches Texas operation in first US venture
White Rock says that the new facility will rely on by-product natural gas from active oil wells located onsite, recycling 82m cubic feet of gas per megawatt.
Iran to cut power supply of legal block reward miners starting July
All the 118 registered block reward mining complexes in the country are to suspend their connection to the grid, according to Iran Ministry of Energy spokesperson Mostafa Rajabi Mashhadi.
IMF recommends energy-efficient CBDC that relies on non-PoW networks
IMF examined the environmental impact of blockchain network designs, highlighting that some blockchains have improved the energy efficiency of payments infrastructure while others are inefficient.
BSV Global Blockchain Convention sheds light on how blockchain can save the environment
nChain’s Sean Griffin moderated a panel of carbon credit and software experts discussing the significance of the carbon credits industry as well as blockchain’s role in saving the environment.
Jack Dorsey and Michael Saylor send letter to EPA defending BTC mining
A group of influential BTC investors, including Michael Saylor and Jack Dorsey, recently sent a letter to the EPA outlining what they called "misconceptions" about mining.
Swiss National Bank won’t hold BTC as reserve currency: report
The chair of the bank said that it could very easily purchase BTC but has decided against it as it doesn’t meet the requirements of currency reserves.
Earth Day 2022: BSV still shows how proof-of-work blockchains can be energy-efficient
On Earth Day 2022, we shouldn't only reflect on how much energy we're consuming but also on how we're using it—we can't reduce our consumption to zero, but BSV is an example of how to do it properly.