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Bitcoin-mining power plant raises ire of environmentalists - Vimarsana News

Bitcoin-mining power plant raises ire of environmentalists

An obstacle to large-scale bitcoin mining is finding enough cheap energy to run the huge, power-gobb...

Digital currency vs Green Energy: Cryptomining draws environmental backlash - Vimarsana News

Digital currency vs Green Energy: Cryptomining draws environmental backlash

The rapidly growing, highly volatile and poorly misunderstood industry cryptoming...

Bitcoin mining just got way easier and lots more profitable - Vimarsana News

Bitcoin mining just got way easier and lots more profitable

Bitcoin mining is now easier and more profitable as algorithm adjusts after China crackdown CNBC 14 hrs ago MacKenzie Sigalos More than 54% of bitcoin's hashrate, which is the collective computing power of miners worldwide, has dropped off the network since its market peak in May. The bitcoin code has re-calibrated to make it 28% less difficult to mine. Miners who are still plugged into the network stand to make greater profits while most of the network's miners remains offline. © Provided by CNBC A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. It just...

Source: msn.com
Wrapped Launches Carbon-Neutral Bitcoin Asset eBTC - Vimarsana News

Wrapped Launches Carbon-Neutral Bitcoin Asset eBTC

At a time when the carbon footprint of crypto mining is in the news,  Wrapped has announced the first carbon-neutral, Bitcoin-backed asset. Called the Eco BTC (eBTC), the asset combines Bitcoin and MCO2 (MOSS.Earth Carbon Credits) of the industry-leading environmental platform Moss Earth in a sin

As Bitcoin Goes Green, Investors Will Come - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides - Vimarsana News

As Bitcoin Goes Green, Investors Will Come - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

May 20, 2021 As companies like Ninepoint and Greenridge have demonstrated, Bitcoin is going green. And this will attract more institutional investors. Ninepoint Partners, a Toronto-based investment firm managing $8 billion in assets, and Greenidge Generation, a New York-based power provider and bitcoin mining company, have each announced that they will be using carbon offsets to compensate for any carbon emissions resulting from their operations, signaling the growth of a significant new trend for the industry. Carbon offsets allow companies like Ninepoint and Greenidge to pay for a reduction...