Bitcoin miners produce only 0.08% of global CO2 emissions

Feb 7, 2022 | Updates

Bitcoin miners produce only 0.08% of global CO2 emissions Bitcoin miners and their energy consumption are one of the favorite topics for Bitcoin critics. The network consumes a vast amount of electricity to secure the blockchain. Therefore, they contribute...

Bitcoin mining boosts the innovation of sustainable energy

Dec 4, 2021 | Updates

Bitcoin mining boosts the innovation of sustainable energy That bitcoin (BTC) mining is a waste of energy is a common argument against Bitcoin. It is true that the network consumes a lot of energy, and you might be shocked when you realize the network uses more...

Bitcoin (BTC) miners face closure in another Chinese province

Jul 15, 2021 | Updates

The bitcoin (BTC) mining ban in China was announced some months back, and the list of provinces implementing it keeps growing. Now it is the Anhui province that told miners will have to close their doors. The decision is part of a broader plan to manage the expected...