Tag: Renewable energy

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Greenidge Bitcoin Mining Legal Victory in New York: Keeping Operations Running

Bitcoin mining company Greenidge Generation has emerged victorious in a legal battle against the New York State Department of Environmental Conservation (DEC), allowing it to continue its operations in the state. The court ruling,...
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CleanSpark expands Bitcoin mining operations with first site acquisition in Wyoming

CleanSpark, a Nasdaq-listed BTC miner, has expanded its Bitcoin mining operations by acquiring its first site in Wyoming. The company has executed 75 megawatts of power contracts, with 30 MW allocated for the first...
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Surveying Crypto Miners: EIA’s Potential Plan before Year End

The Energy Information Administration (EIA) is considering surveying crypto mining companies again before the end of the year. In a recent webinar on July 10, the agency discussed the possibility of restarting the survey...
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Scaling Bitcoin Mining and AI Operations: TeraWulf’s Strategic Plans

TeraWulf has recently made a significant announcement regarding its plans to scale up its Bitcoin mining and AI operations. The company disclosed that it has successfully paid off its debt obligations, totaling $77.5 million,...
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EDF Subsidiary Partners with Cronos as Blockchain Validator

A subsidiary of EDF, a state-owned energy company in France, called Exaion, has recently partnered with Cronos as a validator on their blockchain network. This comes just three months after Exaion took on the...
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Texas Power Grid Requires Larger Increase to Handle AI and Bitcoin Mining Demands

Texas is facing a growing demand for energy due to the increasing needs of bitcoin mining and artificial intelligence data centers. The CEO of the Electric Reliability Council of Texas (ERCOT) stated that the...
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Biden’s Proposed 30% Tax Threatens U.S. Bitcoin Mining

The recent proposal by the Biden administration to impose a 30% tax on cryptocurrency miners has sparked concerns and backlash within the industry. Many believe that this move represents an ideological attack on a...
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Bitcoin Mining Stabilizes Power Grids Strained by AI Data CentersBitcoin Mining Balances Power Grids...

Microsoft is constructing large AI data centers in Arizona and Wisconsin to support this innovative technology. However, these data centers are heavy energy consumers and strain power grids, with AI projected to consume 40...
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Converting Natural Gas into Hydrogen: A Breakthrough Solution Proposed by Scientists

Scientists at Skoltech have discovered an innovative method to convert natural gas into hydrogen with high efficiency right at the gas field itself. By introducing steam and a catalyst into a well and igniting...