Electricity

Feb 10, 2020 at 14:40
Blockchain Technology to Transform the Renewable Energy Sector in Korea
There is a blockchain-based project in Korea that combines distributed ledger technology (DLT) and renewable energy. This project is potentially able to solve problems and issues of the modern renewable energy industry.
Feb 03, 2020 at 08:10
Blockchain Revolutionizing Electricity Networks and Infrastructure
The transition to a new energy balance and sustainability passes through a new management of the networks, or rather a new conception of the networks themselves. And a key role for this new perspective can be played by the cryptocurrency, blockchain and distributed ledger technology (DLT).
Aug 21, 2019 at 10:36
Elon Musk Relaunches Solar Power Service in USA. Will It Boost Bitcoin Mining?
Popular technology entrepreneur Elon Reeve Musk has rerolled out Tesla’s residential solar-power service, a new step for electricity users. Tesla is now planning to initiate its solar-panel business by allowing clients rent their rooftop systems instead of purchasing them.
Jul 14, 2019 at 14:48
Chinese Police Have Confiscated Illegal Mining Devices
Police detectives in the Chinese City of Zhenjiang recently confiscated about 4,000 bitcoin mining computers. According to the police, the miners illegally connected their mining machine to the Electricity grid. Further report indicates that electricity worth more than $3m was illegally used for mining.
Apr 10, 2019 at 17:16
China Bans Bitcoin & Cryptocurrency Mining
The People’s Republic of China, the world’s largest market for computer hardware created to mine Bitcoin (BTC), has totally banned crypto mining in the country in order to stop the growing pressure on government from the cryptocurrency industry. No time limit for the ban has been set.
Mar 17, 2019 at 16:53
Solar Energy to Reduce Mining Cost and Impact on Environment
There have been many debates around bitcoin’s energy consumption rates and its negative influence on the environment. Sustainable systems such as solar energy can solve the problem by introducing ecologically clean energy for mining. Besides, it is much cheaper than traditional sources.
Mar 08, 2019 at 13:27
Blockchain Solutions for Energy to Save Italy from Blackouts
The XIX Annual Workshop organized by Agici and Accenture has revealed that in 2030 Italy risks to experience prolonged blackouts due to the increased demand in renewable sources of energy. The electrification process may bring suffering to the Italian energy system, consuming up to 1700 hours a year. The use of blockchain and digital technologies seems to save the situation if applied in time.
Feb 14, 2019 at 10:35
JPMorgan: Bitcoin Price is Now Lower Than Cost of Mining One BTC
According to research on the ground, the production-weighted cash cost to create 1 Bitcoin (BTC) averaged approx. $4,060 worldwide in the fourth quarter (Q4) of 2018, analysts from JPMorgan Chase Co. reveal. This cost is much higher than the current Bitcoin price as Bloomberg reports.
Dec 14, 2018 at 13:17
CryptoMining: Cheap Electricity in Iran Attracts Massive Foreign Bitcoin Miners
As very many bitcoin miners in the world have attempted to close down their mining equipment, other miners are doing everything possible to find alternative means of surviving. Iran has come out to attract overseas miners because of its $0.006 cost for each kilowatt consumed in one hour. This makes it one of the low-cost power activity in the country.
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