Why Did 200 Bitcoin Miners and Oil & Gas Execs Just Meet in Houston?

Credit to Author: Zachary Shahan| Date: Sun, 12 Sep 2021 03:31:40 +0000

Bitcoin has a well known problem, even if many bitcoin fans would like to ignore it or pretend it isn’t real. The problem is that bitcoin mining uses an enormous amount of electricity. It’s not a large amount, and actually maybe it’s not even an enormous amount — it’s an absurd amount. Naturally, people who […]

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Group Buys Pennsylvania Coal Refuse Plants to Power Bitcoin Mining

Credit to Author: Darrell Proctor| Date: Tue, 03 Aug 2021 14:01:06 +0000

The post Group Buys Pennsylvania Coal Refuse Plants to Power Bitcoin Mining appeared first on POWER Magazine.

A digital mining company has an agreement to purchase a second power plant in Pennsylvania, as the group increases its coal refuse reclamation operations in the state to provide energy for its bitcoin mining operations. Stronghold Digital Mining, a bitcoin (BTC) miner headquartered in Kennerdell, Pennsylvania, on Aug. 3 said its purchase of the Panther […]

The post Group Buys Pennsylvania Coal Refuse Plants to Power Bitcoin Mining appeared first on POWER Magazine.

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25 Unasked Questions On Tesla’s Q2 Earnings Call

Credit to Author: Vijay Govindan| Date: Tue, 27 Jul 2021 15:24:08 +0000

This was a great quarter for Tesla. Record production, record deliveries, tremendous growth, and excellent margins in a difficult operating environment. I felt some opportunities for questions were missed, though. What’s the status of Model X deliveries this quarter? No one cared about Tesla’s second mass-market product. From the looks of the website, it’s sold […]

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Here’s What We Think Elon Will Talk About During Today’s Tesla Earnings Call

Credit to Author: Steve Hanley| Date: Mon, 26 Jul 2021 16:10:19 +0000

These are some key areas that could be part of the Tesla Q2 earnings call today.

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The Daymak Spiritus, A 3-Wheeled EV, Will Be Able To Mine Cryptocurrencies

Credit to Author: Jake Richardson| Date: Wed, 09 Jun 2021 14:45:27 +0000

There are many new electric vehicles launching despite the pandemic’s disruptions and uncertainties. Ford recently announced the new  F-150 Lightning for 2022 and the Mach E was made available this year. The Rivian R1T is expected in June of 2021. Some Cybertrucks may be delivered in 2021; others in 2022 depending on what motors they […]

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Crypto Miami Scores $25 Million Win For Algorand

Credit to Author: Jo Borrás| Date: Thu, 03 Jun 2021 17:31:56 +0000

Atlanta-based Borderless Capital is investing $25 million in Miami blockchain startups that use an emerging alternative cryptocurrency platform called Algorand to help local companies build platforms for payments and capital markets leveraging blockchain technology. That’s great news for the emerging fintech space, people searching for a more private and secure internet experience, and — of […]

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Money Is An Environmental & Energetic Burden: A Brief Overview Of Banking, Bitcoin, & PIVX

Credit to Author: Guest Contributor| Date: Fri, 28 May 2021 16:53:54 +0000

If you’re reading this, you’ve most likely read other articles regarding how “bad” Bitcoin (BTC) has become for the environment. But really, how much worse is it than traditional banking/fiat? And can we do better? (Hint: the answer is yes.) Editors Note: “For transparency – the PIVX project is community run and managed – by […]

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Companies Are Turning to Blockchain To Certify Green Credentials

Credit to Author: Jo Borrás| Date: Thu, 20 May 2021 15:35:25 +0000

While electrified and pure electric vehicle sales continue to outpace the new car market, there remain lingering questions around the ethical sourcing and disposal of the batteries that power them. Sure, these questions are often presented as an objection to EVs in a bid to undermine their environmental credibility — but, like, how sustainable are […]

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Tesla Suspends Bitcoin Vehicle Purchases Due To Environmental Impacts Of Mining & Transactions

Credit to Author: Johnna Crider| Date: Thu, 13 May 2021 00:47:23 +0000

Earlier this year, Tesla started accepting Bitcoin as a payment option for its vehicles. That has now changed. Earlier this afternoon, Tesla’s CEO, Elon Musk, put out a statement on Twitter about Tesla and Bitcoin. He announced that Tesla suspended vehicle purchases using Bitcoin and pointed out that the increasing use of fossil fuels for […]

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