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Bitcoin miners align with fossil fuel firms


It takes a lot of energy to mine Bitcoin. That's good news for states ...

Bitcoin mining is breathing new life into America's aging fossil fuel power plants, creating a demand environmentalists say discourages ...

Cryptocurrency's Energy Consumption Problem - RMI

Bitcoin miners are largely contracting energy from fossil sources and claims of sustainability tend to be based on being co-located near ...

Bitcoin Mining Company Buys Entire Coal Power Plant - Futurism

"These miners don't just need cheap energy, but a stable source of power because their machines need to run 24/7, and fossil fuel sources are ...

Crypto Climate Accord: Bitcoin greenwashing or game-changer?

Another mining company that has been in discussions with CCA organisers about joining is Gryphon Digital Mining, which uses only uses low-cost, ...

Powering Bitcoin Miners with Stranded Carbon - VanEck

As Europe faces energy supply constraints, Bitcoin miners are seeking out stranded energy to power their mining efforts ... fossil fuels.5 In ...

Bitcoin Mining Is Set to Turn Greener - Global X ETFs

The bitcoin mining industry is taking note of the cost benefits of renewable energy. Recently, a number of industry-leading miners began a ...

Green Bitcoin Mining Companies - EZ Blockchain

Following the criticism from politicians and environmentalists, Bitcoin miners are now rebranding their work to green Bitcoin mining, which is ...

Bitcoin and Its Energy, Environmental, and Social Impacts - MDPI

Bitcoin miners running on renewable energy have a faster response time to shut down compared to powering up fossil fuel 'peaker plants', therefore positioning ...

Top 5 Companies Pioneering Sustainable Bitcoin Mining

While Bitcoin opponents cite the Bitcoin network's high energy consumption as one of their main arguments against the digital currency, ...

The Bitcoin Energy Debate: Lessons from the Data Center Industry

A similar transition awaits Bitcoin and the cryptocurrency mining industry. It won't happen overnight., and it appears that a portion of the ...

New York Court Rescinds Approval of Fracked Gas Power Plant ...

Although the PSC acknowledged that there were serious environmental issues with allowing a cryptocurrency mining company to purchase a gas plant ...

Bitcoin Miners Are Giving New Life to Old Fossil-Fuel Power Plants

Despite these challenges, companies like Marathon Digital Holdings and Atlas Holdings are expanding their mining capacities, leveraging low-cost power to ...

Trump says crypto will save the fossil fuel industry. Spoiler alert

The miners contend that new plants and pipelines will strengthen the economy. Importantly, they claim, the additional power sources would ...

Meet the Company Mining Bitcoin Using the Flare Gas from Oil Drilling

Crusoe Energy captures the energy from flare gas at oil patches and uses it to "mine" bitcoin. - The company is now one of the US's biggest ...

An integrated landfill gas-to-energy and Bitcoin mining framework

Novel model links landfills with Bitcoin mining to enhance economic viability. Bitcoin mining can help finance methane mitigation from low-flow landfills.

Inside a Bitcoin Mine at a Natural Gas Well In Texas - VICE

In many places, Bitcoin mining often relies on fossil fuels either directly or by pulling from the grid, along with whatever renewables are ...

Energy-hungry bitcoin moves into sights of U.S. environmental ...

The fight over bitcoin mining in New York took off last year as residents of the small town of Torrey protested as a bitcoin mining firm took ...

Energy-thirsty Bitcoin miners seek ways to dump fossil fuels | AP News

HELENA, Mont. (AP) — For the past year a company that “mines” cryptocurrency had what seemed the ideal location for its thousands of ...

Bitcoin is changing U.S. coal, renewables - E&E News by POLITICO

Bitcoin mining is reviving fossil fuel plants in some states, while ... Some, like the eight-company Bitcoin Mining Council (BMC) ...

Bitcoin, energy and the Texas stars align - Unchained

In return for security, bitcoin miners get paid in bitcoin, and the bitcoin network demands and consumes more energy as adoption increases. In ...