Elon Musk looks to have spurred Bitcoin miners into making their operations greener just days after sending the cryptocurrency into freefall by Tweeting that Tesla would no longer accept the …
Cryptomining in Australia: Soaking up excess daytime solar and night-time wind energy
Crypto mining in Australia is perfect for soaking up excess rooftop solar and night-time wind generation which is causing problems for electricity generation firms. While it is energy-intensive to mine …
Bitcoin & Cryptocurrency Mining – The Energy Problem
The amount of energy used in the bitcoin mining business is staggering. Bitcoin’s electricity consumption, at 122 TWh- is above Argentina (121 TWh), the Netherlands (108.8 TWh) and the United …
Bitcoin Mining in Australia – Solving the Energy Problem
The recent historic six-year lows in wholesale electricity prices have suddenly made Bitcoin mining in Australia a very real possibility, especially if mining labs are hooked up directly to renewable …