BTC v Ripple in proof-of-climate-change dust-up
The co-founder of ‘crypto’ token/commodity Ripple wants BTC to shift to a Proof of Stake consensus mechanism, apparently because he believes the hobbled BTC tech is still not hobbled enough.
Latest energy consumption News
Zhejiang province hikes energy costs for miners as China doubles down on sector
Despite a countrywide ban on block reward mining, Zhejiang has become the latest province to implement an electricity hike for miners to push them out.
Kazakhstan wants to raise tax on block reward miners by 500%
The proposal by the Minister of Finance will also see miners pay a monthly tax on their mining rigs, whether they use them to mine or even if they’re not in operation.
The future economics of block reward mining
If producing a block consumes the same amount of energy across all chains, then the most energy-efficient chain is the one that can package the most data into a single block.
ESMA vice chair seeks proof of work mining ban for European Union
The top executive suggests a proof of work (PoW) mining ban as well as a switch to proof of stake (PoS) mining, which he believes "has a significantly lower energy profile."
Georgia makes residents pledge holy oath vs digital currency mining
As China leads a number of countries in legal measures against block reward mining, Georgia is turning to a different solution—a holy oath against mining.
US House Energy and Commerce Oversight Committee tackles ‘The Energy Impacts of Blockchains’
Legislators concerned about the amount of energy that some blockchain networks consume recently held invited six witnesses for insights on this issue.
Kosovo bans digital currency mining after winter blackouts
Kosovo is eliminating all non-essential energy needs, such as block reward mining, after winter-fueled blackouts led the nation to a state of emergency.
Robert Godes talks on nuclear energy, Bitcoin mining with Women of BSV
Robert Godes of Brillouin Energy Corp joined the Women of BSV to explain his company's dynamics, the fundamentals of nuclear technology, and more.
TAAL completes acquisition of a data centre in New Brunswick, Canada and provides preliminary Q4 2021 guidance
With this transaction, TAAL gains access to 50 megawatts of clean energy, which the company expects will ultimately allow it to power up to 2 Eh/s of Bitcoin mining in New Brunswick, Canada.
Block reward mining added to list of sectors facing energy caps in Iceland
Block reward miners including Hive Blockchain, Genesis Mining and Bitfury have set up shop in Iceland which offers cheap electricity.
Xive shuts down facility in South Kazakhstan due to electricity crisis
Kazakhstan has been struggling with electricity shortage following the influx of block reward miners from China, forcing some miners to move again because of the new energy crisis.