Sep 20, 2023 | Updates
The Bitcoin Mining Council (BMC) has announced substantial progress in sustainable energy adoption and operational efficiency in Bitcoin mining during H1 2023. BMC’s hash rate surged from 24 EH in early 2022 to an impressive 158 EH in Q2 2023, marking a 70% YoY increase. This growth solidifies BMC’s position with a 43.4% share of the global Bitcoin Mining Network. With a sustainable power mix of 63.1%, BMC members contribute to the industry’s overall sustainable energy at 59.9%. The BMC also enhances the Bitcoin network’s efficiency, achieving a 24% YoY efficiency boost. During H1 2023, 2.5 GW of Bitcoin mining operations curtailed, releasing 815 GWh of energy into local grids, mainly in North America. Notable members of the BMC include Argo Blockchain, BitDeer, Bitfarms, and more.
Jul 18, 2023 | Knowledge Base, Updates
The article discusses smart cities, which are urban areas utilizing advanced technologies and data to enhance residents’ quality of life, promote sustainability, and adopt a circular economy. It explores how renewable energy, digital technologies, blockchain, energy innovation, sustainability, and the circular economy contribute to the foundation and success of smart cities. By integrating these components, smart cities aim to create a holistic and resilient urban environment, improving the well-being of citizens and contributing to a sustainable future.
Mar 22, 2023 | Knowledge Base, Updates
The current energy crisis has forced every sector and consumer to rethink their energy needs and supply. As optimization of energy sources and usage has never been more luring cost-wise, the energy sector has seen some very interesting merges lately — crypto mining...
Mar 13, 2023 | Knowledge Base, Updates
NFTs, or non-fungible tokens, are unique digital assets that use blockchain technology to verify ownership and authenticity. The rise of NFTs has created a new market for digital art, collectibles, and other unique items, but they also have the potential to help fight...
Feb 28, 2023 | Knowledge Base, Updates
Adopting a circular approach can bring several benefits to businesses, including: Resource Efficiency: By designing products and processes with the goal of reducing waste and maximizing the use of resources, businesses can increase their resource efficiency, leading...
