Iris Energy, a Bitcoin (BTC) mining firm located in Australia, has said that it plans to roughly increase its mining capacity by adding thousands of mining rigs. The company said on February 13 that i...
Tag: Energy
Iris Energy to nearly triple hash rate with estimated 44,000 new BTC miners
Australia-based Bitcoin (BTC) mining company Iris Energy has revealed it will nearly triple its mining capacity with the addition of thousands of mining rigs. On Feb. 13 the firm said it purchased an ...
Public Service Enterprise Group, TC Energy, Agree Realty, SS&C Technologies Holdings, Avient
The Board of Directors of Public Service Enterprise Group today declared a $0.57 per share quarterly common stock dividend for the first quarter of 2023, payable on March 31, 2023 to shareholders of r...
Iris Energy Plans Boosting Internal Mining Capacity to 5.5 EH/s
2 hours ago | 2 mins read Bitcoin News The debt it incurred from the 10 EH/s deal with Bitmain has been completely settled. Iris is contemplating liquidating any miners it has that are beyond its 5.5 ...
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs – Mining Bitcoin News
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j ...
Elizabeth Warren Wants Miners to Disclose Energy Use
Alex Dovbnya Warren is now calling for greater transparency from cryptocurrency miners due to concerns over the environmental impact of Bitcoin, the bellwether cryptocurrency In a Sunday tweet, Massac...
Europe’s energy bill nears €800bn after Putin cuts off gas
Putin gas supplies Europe energy crisis Bruegel – Getty Images European countries have forked out nearly €800bn (£708bn) to protect households and businesses from soaring energy prices. EU natio...
Berkshire Hathaway’s 4Q Equity Buys and Sales to Be Disclosed in Filing Tuesday
What were Warren Buffett and his colleagues at Berkshire Hathaway up to with their $350 billion equity portfolio last quarter? Investors will find out very soon. A regulatory filing expected Tuesday s...
Bitcoin miners as energy buyers, explained
To power their mining operations, Bitcoin miners either purchase electricity from conventional and renewable energy sources or develop and run their own renewable energy facilities, turning them into ...
Bitcoin Miners as Energy Buyers
Bitcoin miners can be thought of as energy buyers because they require a significant amount of energy to power their computer systems. These systems perform the complex mathematical computations requ...
Not So Fast, Euro Major BP Reconsiders Pace Of Energy Transition
BP announced it had reconsidered its ambitious zero carbon goals after rising oil prices delivered … [+] strong second-quarter profits. (Photo by Matt Cardy/Getty Images) Getty Images How much c...
Energy industry faces ‘death by a thousand cuts’, warns major power supplier to Britain
Prime Minister Rishi Sunak and newly appointed Secretary of State for Energy Security and Net Zero, Grant Shapps – Jamie Lorriman/Pool via REUTERS Britain’s energy industry risks “death by a tho...
AI is dominating the action in the stock market right now
OpenAI, the developer of ChatGPT, is receiving billions of dollars in funding from Microsoft Corp. MSFT, -0.20%. The rollout of this new technology has been followed by similar efforts by Alphabet Inc...
Biden blasts Big Oil’s record profits amid the ‘energy crisis’ — proposes quadrupling the tax on buybacks. Here’s how much the 3 giant US-based producers made in 2022
‘It’s outrageous’: Biden blasts Big Oil’s record profits amid the ‘energy crisis’ — proposes quadrupling the tax on buybacks. Here’s how much the 3 giant US-b...
Big Oil’s Big Paradox: Record Profits, Low Stock Valuations
Big Oil has never been more profitable, but it has hardly ever been a smaller part of the stock market. That’s enough to make industry executives feel unappreciated. “We’re grossly undervalued,” says ...
Raytheon CEO Bought Up This Energy Stock
After a strong 2022, Phillips 66 stock recently slipped, and one director scooped up shares of the diversified-energy firm on the open market. Phillips 66 stock (ticker: PSX) surged 44% in 2022—a stro...
Alternergy Gears Up For Philippine IPO To Bankroll Renewable Energy Projects
Alternergy built the Philippines’ first commercial wind farm and eventually sold it to Ayala Corp’s AC Energy. Courtesy of Alternergy Alternergy—which built Southeast Asia’s first commerci...
U.K.’s FTSE 100 scaling fresh highs despite cost of living crisis
The sun rises over the city on Feb. 6, 2023 in London, United Kingdom. Leon Neal | Getty Images News | Getty Images LONDON — The U.K. is facing the weakest growth prospects in the G-7 and a catalogue ...
California’s Surging Energy Bills Are Its Own Fault
(Bloomberg) — A cold, rainy winter in California has exposed the challenges that can arise when a poster child for the clean energy transition isn’t fully ready to make the leap from fossil fuel...
Can Shift to Clean Energy Smoke Kinder Morgan (NYSE: KMI) Stock?
Kinder Morgan shares were down 0.33% than the previous close. The US may see heavy reduction in fuel capacities this year. Energy market is making a shift to clean energy considering increasing carbon...
Shell board of directors sued by investors over climate strategy
Shell recently reported its highest-ever annual profit of nearly $40 billion. Paul Ellis | Afp | Getty Images Shell‘s directors are being personally sued for allegedly failing to adequately mana...
15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis
Corrected dividend stock screen table, because Hanesbrands had eliminated its dividend on Feb. 2. See note above table. If you are investing in dividend stocks, the last thing you want to see is a com...
Democratic Lawmakers Look to Compel Crypto Miners to Disclose Energy and Emissions Data
The letter asked Granholm when the energy administration will implement a rule that makes it mandatory for firms to disclose energy data, and when the EPA plans to start collecting data from miners th...
The hunt for stocks with rising dividends: These fund managers have a strategy to keep your payouts growing
The broad stock-market rally so far in 2023 might make it easy to forget what a rough ride investors faced last year. It was a time when some active strategies focused on dividends, good cash-flow tre...