Bitcoin News / Bitcoin Magazine - 1 year ago
( 93,950 Megawatts ) are not just figures in this context, rather these are the actual numbers of untapped potential carbon-emission-free energy sources in Nigeria alone. These stats include 68 percent small and large hydroelectric power plants, 7 pe...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin miners in Texas are facing a temporary setback as they power down their operations in response to the state’s ongoing energy crisis. The scorching heatwave that gripped the Lone Star State forced the Electric Reliability Council of Texa...
Cryptocoins News / The Cointelegraph - 1 year ago
Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000. Bitcoin’s price is trading in a frustratingly ti...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it recei...
Bitcoin News / Google News Bitcoin - 1 year ago
Texas paid $31 million to bitcoin miner to cut energy use during heat wave& & ChronTexas paid bitcoin miner more than $31 million to cut energy usage during heat wave& & CBS NewsTexas cryptomining outfit earns more from idling rigs than digging Bitco...
Cryptocoins News / The Cointelegraph - 1 year ago
As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s power needs. Bitcoin miner Riot Platforms mined fewer...
by COINS NEWS - 1 year ago
Riot platforms released it's August 2023 Production and Operations Updates. The company produced 333 bitcoins sold 300 btc for $8.6 million but made $31 million from selling back power credits at a premium https://preview.redd.it/q0hh2vewon...
More / Bitcoin Reddit - 1 year ago
I work at an university of applied science. And as you know (if you read the fiat standard) we only waste money with everything we do. (kinda agree) Anyways, i would like to use some of our money waste to do something with bitcoin mining. I...
Bitcoin News / Bitcoinist - 1 year ago
The Cambridge Centre for Alternative Finance (CCAF) has revised its Bitcoin electricity consumption estimates, addressing longstanding concerns about the accuracy of its Cambridge Bitcoin Electricity Consumption Index (CBECI). The new study, titled &...
Bitcoin News / Bitcoin.com - 1 year ago
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it...
Cryptocoins News / The Cointelegraph - 1 year ago
Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining. Nasdaq-listed Iris E...
Cryptocoins News / The Cointelegraph - 1 year ago
Iris Energy has invested $10 million in the latest generation of Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining. Nasdaq-listed Iris...