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Electrical energy: The Future of Finance: Digital Holdings Group’s Vision for Sustainable Bitcoin Mining
As the cryptocurrency market continues to mature, Bitcoin mining—once criticized for its environmental impact—is undergoing a transformative shift toward sustainability. Leading this change..
Electrical energy: During the last three years, El Salvador mined 473.5 BTC using geothermal energy
Since 2021, El Salvador has mined 473.5 BTC (equivalent to $29.3 million) through the use of geothermal energy. Such information was released by Reuters, referring to the state structure..
Electrical energy: Experts believe that halving will have a positive impact on the environmental friendliness of Bitcoin mining
The upcoming halving event should increase the sustainability and green credentials of the bitcoin network, incentivizing miners to switch to renewable energy sources..
Electrical energy: Biden administration plans to impose 30% electricity tax on mining companies
The administration of US President John Biden has initiated the introduction of a 30 percent tax on electricity from mining companies.
Electrical energy: Proof of Work vs. Proof of Stake
Over the past few years, awareness of blockchain technology has grown exponentially. Major institutions and key figures in business and politics are now aware of the technologies potential..
Electrical energy: MicroStrategy founder Michael Saylor expects a decade-long Bitcoin «gold rush»
Michael Saylor, founder of tech giant MicroStrategy, believes bitcoin will experience a "gold rush" phase in the next decade. He attributes this to the fact that institutional investors are..
Electrical energy: Chinese authorities want to tighten control over mining companies
Beijing authorities have called for heightened surveillance of bitcoin mining companies, stating their determination to crack down on such activities in accordance with existing laws and..
Electrical energy: What is proof-of-stake (PoS) concept?
Proof-of-stake works through the concept of staking, which means locking up your tokens into a smart contract on the blockchain. In return, you become a validator to verify transactions and..
Electrical energy: Bitcoin hashrate drops 34% due to cold weather in Texas
A significant drop in the hashrate of the leading cryptocurrency was the result of extremely cold weather in Texas, where a significant number of bitcoin miners are concentrated.
Electrical energy: The growth rate of gas exchange prices in Europe exceeded 11 percent
According to data from the London Stock Exchange ICE, gas prices on the European market have increased by almost 11%, reaching $1150 per thousand cubic meters. Such a significant growth rate..