El Salvador, the first country to accept Bitcoin as a legal tender, has announced a plan to build one of the world’s largest BTC mining farms using green energy sources. The Volcano Energy company is handling the project. The public-private…
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Cambridge’s Bitcoin energy report Debunked – Major Bitcoin energy source is Hydro(Green)
In earlier research, the Cambridge Centre for Alternative Finance (CCAF) claimed that coal was the primary energy source for the Bitcoin network which is proved incorrect by Daniel Batten, ClimateTech Investor, Climate Activist and a ESG Analyst. In February 2023’s…
Green Revolution in Cryptocurrency Mining: International Energy Agency Proposes Mandatory Carbon Emissions Reporting
Cryptocurrency miners may soon be required to report their carbon emissions as part of a wider push towards greater sustainability in the industry. This article explores the reasons behind the proposed regulation, the potential impact on the mining industry, and…
Former British MP Wants Bitcoin Banned For Energy Concerns
Nick Boles, a former UK Member of Parliament for Grantham and Stamford from 2010 to 2019, took to Twitter Tuesday to criticize Bitcoin over its negative environmental impact. He retweeted a post from BBC correspondent Rory Cellan-Jones showing that Bitcoin…
Power Ledger joins a key blockchain P2P energy trading pilot project in India
Blockchain P2P energy trading is becoming important. Power Ledger has joined a pilot project for this with the distribution utility in New Delhi, India
Spanish Energy Giant Repsol looks to Blockchain to help Improve Quality of Safety Certification
Spanish energy giant, Repsol, has reported a successful test of a blockchain pilot, inorder to improve the quality of safety certification of its products. The Madrid based energy company established in 1987, is a leading energy outfit operating in the…
Ethereum to Slash Energy Consumption by 99 percent in 2019
Bitcoin may be regarded as the big brother to Ethereum as far as cryptos are concerned, but that doesn’t make Ethereum a small deal at all. Ethereum is anything but small when it comes to market capitalization which stands at…
Shell and BP back Blockchain platform that will boost trading in the energy industry
Oil industry giants BP and Shell are among a group of business entities plotting the launch of a Blockchain platform that will automate post-trade processes in the energy industry this year. This news was revealed by VAKT Global, a consortium…
Qtum Partners with Energo for Clean Energy Production
Qtum, also known as Quantum, has partnered with green-energy producer Energo as an innovative step in the cleantech industry. Last April, the China-based coin, which functions similar to Ethereum, went live to announce its collaboration with Energo Foundation Pte Ltd.…
Harnessing Stranded Natural Gas for Bitcoin Mining in Argentina
Argentina’s energy sector is making significant progress towards sustainable practices by embracing Bitcoin mining as a solution to utilize stranded natural gas. Spearheaded by YPF Luz, a subsidiary of state-owned energy firm YPF, in collaboration with Genesis Digital Assets (GDA),…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
