Tag: Power
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Powerloom Launches Highly Awaited L2 Chain Mainnet
Powerloom L2 offers real-time and trustworthy onchain data for Web3. $POWER token is now available for trading on Gate.io, MEXC, and KuCoin. Powerloom, an open…
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Actor Terry Crews Gets Involved in Crypto, Mints His Own Coin
We’ve seen many instances where celebrities – whether they be actors, athletes, etc. – get involved in the cryptocurrency scene, from Kanye West to Floyd…
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Researchers Say Bitcoin Mining Is Far More Green Than Reported
A new report from CoinShares says that Bitcoin mining is much more environmentally-friendly than is normally reported. The usual narrative applied to cryptocurrency mining is…
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Cryptocurrency Miners in this U.S. County Could Soon be Facing Higher Electricity Bills
A county in the U.S. state of Washington is seeking to impose higher electricity rates for cryptocurrency miners. Cryptocurrency mining is a touchy subject, especially…
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Bitcoin Mining Operators Hit with Substantial Electricity Rate Increases
One county in Washington state is raising the electricity costs for Bitcoin mining substantially over the next three years. It’s going to get a great…
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Bitcoin Mining Buoyed by Renewable Energy Ventures
Critics of Bitcoin mining cite its high energy consumption, but renewable energy like wind farms and hydroelectric dams is making a difference. There are a…
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Why Bitcoin Mining Isn’t the Energy-Gobbling Monster Critics Make It out to Be
People have long disparaged Bitcoin mining due to its energy consumption. An article published in Forbes back on May 30th accused Bitcoin of being one…
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Bitcoin a New Twist for an Old Scam in Hawaii
People in Hawaii are victims of an old scam with a new twist, told to pay in Bitcoin to avoid their power being turned off.…
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Hydro-Quebec Can Charge Bitcoin Miners Twice the Regular Electricity Price
Cryptocurrency mining is an attractive business model in Canada. Access to cheap electricity is abundant. Hydro-Quebec has now received permission to charge higher rates to…
