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Dogecon • June 21-24, 2018

Dogecon Vancouver 2018 is a weekend celebration of the social layer of crypto culture, embracing memes and tweetstorms as the…

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Tag: energy consumption

Coinmint Repurposes Aluminum Smelting Plant into Mega Bitcoin Mining Center

Category: Bitcoin, Business, Mining, News, Tech

Coinmint Repurposes Aluminum Smelting Plant into Mega Bitcoin Mining Center

Coinmint has revealed plans to open a massive bitcoin mining facility in upstate New York. The mining company unveiled its latest plan in a statement on June 5, 2018. The new facility is expected to provide 150 jobs within the next 18 months and will cost roughly $700 million to complete. The company becomes the latest to invest in the…

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Bitcoin Uses 0.5 Percent of World’s Energy Supply, Says Peer-Reviewed Report

Category: Bitcoin, Commentary, Mining, News

Bitcoin Uses 0.5 Percent of World’s Energy Supply, Says Peer-Reviewed Report

Bitcoin’s energy usage has long been a subject of criticism since the issues first came to light. But, most of the revelations are limited to anecdotal evidence or weakly researched primary reports, with future predictions based on such data. To combat the epistemic crisis, a recent peer-reviewed research paper breaks the unresearched monotony, and the evaluated results are nothing short…

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