Opinion: Bitcoin to overcome concerns about the environmental impact of mining
Bitcoin will withstand scrutiny over the environmental impact of its mining, Iris Energy Pty, a renewables-focused mining company, Bloomberg reports.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Opinion: Bitcoin to overcome concerns about the environmental impact of mining
Bitcoin will withstand scrutiny over the environmental impact of its mining, Iris Energy Pty, a renewables-focused mining company, Bloomberg reports.
Sabrent to release SSD with up to 54-petabyte write endurance for Chia mining
Sabrent announced the release of a specialized series of SSDs for mining the Chia cryptocurrency.
Bitcoin mining difficulty falls by 16%
As a result of the latest difficulty adjustment, mining difficulty for the first cryptocurrency fell to 21.05 T.
British police uncover secret Bitcoin mine during raid on a drug lab
West Midlands Police in western England uncovered a cryptocurrency mining operation during a raid on a drug laboratory.
Bank of Canada says its CBDC would be greener than Bitcoin
The Bank of Canada's planned national digital currency (CBDC) will not rely on “wasteful mining methods” inherent to cryptocurrencies. Deputy Governor Tim Lane said this, according to Penticton Western News.
Nvidia acknowledges miners’ contribution to the growth of its business
In the first quarter of 2021, Nvidia's sales rose 84% year over year. The company acknowledged miners' contribution to the growth of its business, but said it was 'hard to assess'.
Chinese ASIC-miner manufacturers to boost shipments to Kazakhstan and Canada
Chinese crypto-mining equipment manufacturers are shifting their supply focus to Central Asia and North America amid tougher government statements on mining.
Media: Sichuan to assess impact of Bitcoin mining ban on the energy sector
On June 2, Sichuan provincial authorities will hold a seminar on using excess hydroelectric power in the context of the cryptocurrency mining ban.
Kyrgyz authorities seize over 2,000 mining devices
The State Committee for National Security of Kyrgyzstan uncovered illegal mining farms in Bishkek and the Chuy Region.
Much Ado About Nothing: Why Bitcoin’s Environmental Impact Is Exaggerated
How harmful is Bitcoin’s energy footprint to the environment? Are environmentalists and other critics overplaying Bitcoin? ForkLog investigates these questions.
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