energy
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Intel says its new crypto chip is designed to be energy-efficient
- February 16, 2022
- Posted by: MasterAdmin
- Category: Altcoins
No CommentsImage by Intel
Intel is investing in blockchain technology with a new chip designed to mine cryptocurrency (via Reuters). The company is focusing on sustainability, and plans on “developing the most energy-efficient computing technologies at scale.”
Intel’s first crypto-focused chip, which it calls a “blockchain accelerator” is set to ship later this year. Two companies have already preordered the technology, including Bitcoin mining company GRIID Infrastructures and Block, the Jack Dorsey-owned fintech company formerly known as Square.…
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Earth Matters: Young ‘climate creators’ make waves; conservation league endorses six Dems for Senate
- February 5, 2022
- Posted by: MasterAdmin
- Category: Altcoins
It’s not easy to remain optimistic in the face of continued bad news about the climate crisis and the unwillingness of too many leaders to seriously address it effectively. What keeps my hope from sinking beneath waves of doomscrolling, however, are other leaders—individuals and groups of the grassroots—who have refused to stay silent about the crisis and have put themselves, sometimes physically, in the path of a fossil fuel industry determined to keep pumping greenhouse gases into our already over-burdened atmosphere until every last drop of hydrocarbons is extracted and burned.…
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Cryptocurrency industry fights proposed NY moratorium. Here is what’s at stake.
- January 30, 2022
- Posted by: MasterAdmin
- Category: Altcoins
ALBANY, N.Y – New York is a burgeoning industry for Bitcoin due to its cheap energy and shuttered coal plants. But environmentalists and key state lawmakers are not bullish on its future.
In fact, they want to ban it.
Lawmakers in New York who head powerful energy committees are pushing for a three-year moratorium on permits for power plants that burn fossil fuels to mine Bitcoin, a measure that would be the first of its kind in the nation and may be a precursor to regulatory actions by Congress.…
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Congress weighs cleaning up cryptocurrency mining in the US
- January 22, 2022
- Posted by: MasterAdmin
- Category: Altcoins
The “Sandow Switch” that once was used by the Alcoa coal power plant now provides electricity for the Whinstone US Bitcoin mining facility in Rockdale, Texas, on October 9, 2021. | Photo by MARK FELIX/AFP /AFP via Getty Images
On Thursday, members of Congress debated how to make cryptocurrencies greener, as energy-intensive bitcoin mining booms in the US. One of the biggest questions was whether to use renewables to power the energy-hungry mining at the heart of bitcoin’s blockchain, or turn to other blockchains that don’t need as much energy in the first place.…