On Tuesday, the Committee on Environment and Public Works chaired by Senator Ed Markey (D-Massachusetts) took a closer look at Bitcoin mining. Markey is sponsoring a bill that calls for increased tran...
Tag: minings
Going Nuclear: Bitcoin Mining’s Potential Energy Future
Though the prevalence of bitcoin miners using nuclear energy at scale could take years to materialize, several players in the space are bullish on the prospect. Volatility around bitcoin and the...
Crypto Mining’s energy consumption to be slumped by EU’s Action
The need to stop increasing energy consumption in crypto mining. The regulatory procedures that are undertaken. The cause of the recent situation The European Commission has announced an action plan...
Nvidia cites limited visibility into crypto mining’s impact on Q2 results
Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 results, which fell short of analyst expectations on Wednesday. ...
Georgia crypto mining’s potential: What’s driving growth in the industry?
A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia. Who would have thought that a small country in the Caucasus Mountains could become one...
A look at Bitcoin mining’s private loan marketplace
March 31, 2022, 11:56AM EDT • 9 min read Quick Take Amid the crypto market slump, raising capital from the public markets becomes tougher than before for Bitcoin mining companies. Yet they still face ...
Breaking down Bitcoin mining’s cost of production
March 3, 2022, 1:35PM EST • 7 min read Quick Take Our analysis of 11 mining companies’ income statements shows their realistic costs for mining 1 bitcoin range between $4.2k to $14.2k. Factoring in ot...
Are we misguided about Bitcoin mining’s environmental impacts? Slush Pool’s CMO Kristian Csepcsar explains
It’s a controversial topic in the blockchain community that comes up from time to time — just how much impact Bitcoin (BTC) mining has on the environment. Last year, Tesla’s CEO Elon Musk ...
Witnesses Debate Crypto Mining’s Efficiency in Congressional Hearing on Environment
Rep. Cathy Rodgers (R-Wa.), who began the hearing with an off-topic speech about inflation, COVID and the current U.S. president, asked about the potential of blockchain to protect citizens’ privacy, ...
Congress is preparing an oversight hearing on Bitcoin mining’s environmental impact: sources
advertisement A Congressional subcommittee is preparing a hearing to examine the environmental impact of cryptocurrencies, especially bitcoin mining, three sources with knowledge of the matter have to...
Commentary on Stronghold Digital Mining’s Q2’22 Earnings
August 30, 2022, 5:09PM EDT • 2 min read Quick Take Stronghold Digital Mining reported Q2’22 earnings on August 16, 2022 $SDIG currently trades at $1.40 / share, down ~93% from its IPO price of $19.0...