Tag: Energy
Bill Ackman sparks broad discussion on Bitcoin’s energy use
Bill Ackman, a well-regarded investor and CEO of Pershing Square Capital Management, outlined a hypothetical scenario that…
Texas Blockchain Council including Riot file lawsuit against US Energy Department over Bitcoin miner survey
Riot Platforms and the non-profit association, the Texas Blockchain Council (TBC), have initiated legal action against the…
US to launch survey on cryptocurrency miners’ energy consumption
The United States, through the Energy Information Administration (EIA), will start collecting data about cryptocurrency miners’ energy…
Iris Energy to double hash rate in 2024 with $22M Bitmain T21 mining rig order
Renewable Bitcoin mining firm Iris Energy is set to increase its total hash rate to 10 exahash…
US energy NGO warns of overwhelming demand, as ERCOT considers crypto proposals
The North American Electric Reliability Corporation (NERC), a nonprofit corporation that oversees regional organizations that support energy…
Tether moving into infrastructure, energy production, CEO Ardoino says
Paolo Ardoino became CEO of Tether on Dec. 1, moving up from the position of chief technology…
AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder
Artificial intelligence (AI) and machine learning (ML) are demanding huge amounts of computing resources as interest in…
Binance to launch Thai exchange in joint venture with local energy giant
Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with…
GoCardless Powers Rebel Energy Efforts to Identify Customers Experiencing Financial Difficulties
GoCardless, the bank payment company, is expanding its relationship with challenger energy supplier Rebel Energy, in an…
Bitcoin price and energy use for mining highly correlated: UN Report
A recent study conducted by the United Nations (UN) suggested a direct correlation between the price of…