Bitcoiners’ Approach to the Climate Change Fight Isn’t Working – This Might

Crypto will cede the climate debate to others until it starts a new conversation.

People  ·  17 May 2021

Iran Cracks Down on Crypto Miners Using Household Electricity: Report

The measure comes as Iran suffers a shortage of hydropower in unusually dry conditions.

Policy & regulation  ·  17 May 2021

Bitcoin Miner Marathon Eyes Profitability Boost Through Joint Venture with US Power Provider

The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf's Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana.

Business  ·  13 October 2020
Enterprise Blockchain

IBM Teams With 3 European Power Grids to Build Green Energy Blockchain Platform

IBM has created a new blockchain consortium with power grid operators TenneT, Swissgrid and Terna to help facilitate the transition to renewable energy.

Business  ·  5 May 2020

For Crypto Miners, Bitcoin’s Halving Could Mean a Doubling in Costs

To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs.

Markets  ·  14 February 2020
Enterprise Blockchain

Russia’s Power Grid Company Tests Blockchain for Power Meter Data

Russia’s national power grid company Rosseti is testing a system for electricity bill payments based on a distributed ledger by Waves.

Business  ·  10 December 2019

China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.

Policy & regulation  ·  30 May 2019

US Energy Department Eyes Blockchain to Prevent Power Plant Cyberattacks

A U.S. Department of Energy lab is exploring blockchain technology as a line of defense against cyberattacks on power plants.

Policy & regulation  ·  11 April 2019
Smart Contracts

Bosch and Wien Energie Demo Blockchain-Powered Refrigerator

Electronics giant Bosch and power supplier Wien Energie have revealed a blockchain fridge aimed to enable better control of electricity consumption.

Business  ·  5 April 2019

Suspected Electricity Thief Arrested After Mining $3 Million in Bitcoin, Ether

A man in Taiwan has been arrested over claims he mined $3.25 million in cryptos using stolen electricity.

Policy & regulation  ·  27 December 2018

Researchers Build Blockchain Electricity Exchange They Say Cuts Waste

A team from one of the top universities in China has developed a decentralized exchange, not for crypto assets, but for unused electricity.

Business  ·  6 August 2018

Another US County Hits Pause on Crypto Mining Power Requests

Franklin, Washington State, is the latest U.S. county to have suspended new utility applications from crypto mining farms over spiking power demands.

Policy & regulation  ·  31 July 2018
New York

New Power Rates Approved for Crypto Miners in Upstate New York

A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners.

Markets  ·  12 July 2018
Bitcoin Mining

Montana County Delays Decision on Bitcoin Mining Suspension

A county in the U.S. state of Montana has postponed a decision on whether it should temporarily ban new bitcoin mining projects.

Business  ·  15 June 2018

Walmart Patent Eyes Crypto Payments for Power Supply Precision

Retail giant Walmart is exploring a way to let households manage their electricity bills with prepayments in cryptocurrency.

Business  ·  15 June 2018