Bitcoin (BTC) Mining in Texas Increases by 30% in August As Electricity Prices Plummet
New data reveals that Bitcoin (BTC) mining in Texas has seen a 30% increase during the month of August as ...
Tag: Electricity
Chinese Miners Flock To Ethiopia For Cool Climate, Cheap Electricity And Hot Profits
In a strategic dance between global powers and the allure of untapped resources, Chinese Bitcoin miners are orchestrating a mass ...
Bitcoin Mining Eats Up Only 2% Of US Electricity, Study Finds
A recent report released by the US Energy Information Administration (EIA) has brought to light the substantial electricity consumption associated ...
Biden Admin Launches “Emergency” Survey Of Bitcoin Miners’ Electricity Usage
The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency miners to disclose data related to how much ...
It’s Not Just Electricity And Water — Bitcoin Mines Use A Lot Of Air, Too
This piece is a completely and deeply critical parody. Bitcoin mines aren’t simply thirsty, it seems they’re ravenous for air, too. ...