Tag: bitcoin mining

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Pow.re, a bitcoin miner, starts building a mining facility in Paraguay and buys 3,600 Microbt ASICs

Pow.re Holdings Limited, a crypto mining company, claims that the company announced it had started building two new mining facilities in Asunción, Paraguay. The...

Kenyan Company Mining Bitcoin with Wasted Energy; Business Model May Aid in Decentralization

Gridless, a Kenyan bitcoin mining company, recently disclosed how it is assisting local communities in lowering electricity costs by mining bitcoin with surplus power....

Block Times Indicate That Progress Toward Bitcoin’s Halving Is 60% Complete, and That a Halving Could Take Place Next Year

Progress toward the subsequent halving of the Bitcoin block reward has surpassed 60%, according to countdown statistics based on the typical block generation time...

According to an ESG study, Bitcoin mining has the potential to eliminate 0.15 percent of global warming by 2045, with no other technology capable...

The environmental impact of bitcoin mining has become a hot topic in recent months, with climate activists claiming that proof-of-work (PoW) mining is too...

More Oversight of Cryptocurrency’s Environmental Impacts is Wanted by US Lawmakers

Twenty-three US lawmakers have asked the EPA to increase oversight of cryptocurrency's environmental impacts. They said, "We request that the EPA evaluate the compliance...

Peter Thiel: Bitcoin Is Like A ‘Reserve Form Of Money’

Peter Thiel, the billionaire co-founder of PayPal, believes that critics of bitcoin are "underestimating" the cryptocurrency. In remarks made on the third day of the...