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NEXT BLOCK Conference “From Chaos To Clarity: 2019 Trends” • December 12, 2018

Bringing together over 350 participants and 20+ distinguished speakers, the Conference will hear from top blockchain experts looking into 2019…

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Tag: solar energy

Solar Energy-Powered Mining and PoS Could Make Cryptocurrencies Environmentally Sustainable

Category: Bitcoin, Blockchain, Business, Finance, Mining, News, Platform

Solar Energy-Powered Mining and PoS Could Make Cryptocurrencies Environmentally Sustainable

One of the chinks in the armor of blockchain technology is its intensive energy consumption. However, a report by Harvard Business Review, published November 27, 2018, sheds light on some of the lesser, and even nil, energy-consuming alternatives that can pave the way for DLT to be the global disruptor as it is often deemed to be. Aim to Make…

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Soluna Bets Big on Offsetting Bitcoin Energy Consumption

Category: Bitcoin, Business, Mining, News

Soluna Bets Big on Offsetting Bitcoin Energy Consumption

As Bitcoin mining operations ramp up worldwide the electrical cost of mining is drawing the ire of municipalities and environmental groups alike. However, Soluna is looking to offset the carbon footprint of mining Bitcoin through its wind power plant in the Sahara Desert. Wind-Powered Mining Current estimates put bitcoin mining power consumption at around 2.55 gigawatts, which means that the network…

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Antonopoulos: Solar Bitcoin Mining Doesn’t Necessarily Impact Marginal Costs

Category: Bitcoin, News, Tech

Antonopoulos: Solar Bitcoin Mining Doesn’t Necessarily Impact Marginal Costs

Over the past 12 months, the rate of solar energy conversion has grown at such a rapid rate that some countries like Chile have begun to distribute it for free. An increasing number of miners and bitcoin enthusiasts have expressed their concerns with regard to the potential drop in marginal costs of bitcoin mining due to the increasing abundance of…

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