Bitcoin Mining Has a Superpower

It's the blockchain's electricity consumption patterns, Texas Blockchain Council President Lee Bratcher writes.

• 2023-07-26
• Bitcoin mining renewable energy electricity consumption energy consumption

Bitcoin Is a Threat to the Energy-Use Status Quo – and That’s a Good Thing

Banning or taxing crypto mining out of existence isn’t going to solve this country’s issues around power consumption and grid stability – but supporting Bitcoin just might.

• 2023-05-17
• power consumption bitcoin mining energy consumption Bitcoin cheap power Banning Bitcoin

Cambridge Will Start Tracking Ethereum Energy Data Along With Bitcoin

In an analogy using height for energy consumption, researchers said Ethereum's usage went from the London Eye to a raspberry after the merge.

• 2023-04-27
• Ethereum energy consumption Bitcoin mining Cambridge Judge Business School CCAF

Here Are Six New Projects Looking to Mitigate Bitcoin Mining’s Energy Footprint

The environmental impact of bitcoin mining was trending again in the last few weeks due to a Texas bill looking to limit its grid participation and a New York Times article that condemned the industry. Bitcoin mining consumes about 145 terawatt hours (TWh) of electricity per year, says data from Cambridge University’s Centre for Alternative Finance, which is about the power consumed by Sweden, according to the International Energy Agency. Read more: Can Crypto Miners Make the World Greener?

• 2023-04-23
• Renewable energy credits bitcoin mining data centers environmental impact renewable energy sources International Energy Agency energy consumption

Bitcoin mining produces energy gold. Let’s use it to help save our planet

Critics have long slammed Bitcoin mining for its enormous carbon footprint. But what if all the heat that miners emit can be sustainably powered and reused?

• 2023-04-21
• Bitcoin mining energy consumption sustainable energy energy sources energy mining industry heat