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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: energy consumption

Chelan County PUD Looking to Increase Energy Rate for Bitcoin Mining by 7 Cents Per KWH

Category: Bitcoin, Business, Mining, News, Regulation

Chelan County PUD Looking to Increase Energy Rate for Bitcoin Mining by 7 Cents Per KWH

On August 20, 2018, cryptocurrency miners in the Washington state held another round of public comment with the electricity providers to discuss the proposed power rate increment. However, nothing good came out of the meeting as the Public Utility District (PUD) officials have postponed the hearing. Bitcoin Miners Lament According to a iFiberone report, the miners in the region gathered…

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Plattsburgh Pushes back against the Crypto Miners, again

Category: Bitcoin, Business, Mining, News, Regulation

Plattsburgh Pushes back against the Crypto Miners, again

Cheap energy prices are sending crypto miners to the U.S.-Canadian border, turning hydropower into hash power, but the authorities are beginning to fight back. Taking Advantage of the Public Utilities Plattsburgh, a small town on the North American border has become ground zero for crypto mining. Owing to its proximity to Niagara Falls, electricity prices in the area are incredibly…

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Peer-to-Peer Power Electrifies Australia with Blockchain and Renewables

Category: Adoption, Altcoins, Blockchain, News

Peer-to-Peer Power Electrifies Australia with Blockchain and Renewables

Power Ledger, a peer-to-peer renewable energy marketplace, is electrifying an entire apartment building using blockchain-based renewable energy according to July 30, 2018, reports. Public-Private Partnership Power Ledger is an Australian based renewable energy startup which has been operating since 2017. It created a platform that allows its customers access to multiple energy infrastructures governed by differing regulations to match their…

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Swytch Incentivizes Renewable Energy Usage, Ongoing Trials Promising

Category: Altcoins, Blockchain, Business, News

Swytch Incentivizes Renewable Energy Usage, Ongoing Trials Promising

The excessive use of fossil fuels forms one of the most significant contributors to climate change since the past decade, and with the overexpansion of cities and ever-growing production demands from consumers, the environment is primed for an unsustainable crisis. Research suggests over 30 gigatons of hydrocarbons were released in 2016 after the massive use of fossil fuels for electricity,…

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Amidst Bear Market, Crypto Miners Repurpose Mining Equipment

Category: Altcoins, Bitcoin, Business, Ethereum, Mining, News

Amidst Bear Market, Crypto Miners Repurpose Mining Equipment

A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto…

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Titanium and Deuterium, Shaken, not Stirred: Deneum Reveals its Power Station to Revolutionize Global Energy Market, Gears Up For $89 Million ICO

Category: Press Releases

Titanium and Deuterium, Shaken, not Stirred: Deneum Reveals its Power Station to Revolutionize Global Energy Market, Gears Up For $89 Million ICO

Deneum Breakthrough in Particle Physics Allows its Power Stations to Generate 95 percent Cheaper Electricity, Autonomously, at Any Conditions. Moscow, July 19, 2018: Deneum, an IT company to shift the paradigm of the energy industry with its Deneum Power Station, announced it had successfully concluded a $770 000 private sale. Deneum now gears up for a $89M ICO aiming at…

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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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