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Posts published in “energy”

Report: Bitmain Plans to Set Up 200,000 Crypto Mining Machines in China

Leading crypto mining hardware producer Bitmain is reportedly planning to install 200,000 units of mining equipment in China to benefit from cheap hydroelectric power. Cryptocurrency mining giant Bitmain is reportedly planning to set up 200,000 units of mining equipment in China to benefit from low-cost…

Expert: Renewable Energy Not Enough for Bitcoin’s Sustainability Problem

A PwC blockchain expert states that renewable energy is insufficient in addressing Bitcoin’s massive energy consumption. Renewable energy will not solve Bitcoin’s (BTC) sustainability problem according to a blockchain specialist at Big Four auditing company PwC, Alex de Vries. De Vries presented his argument in…

Major UK Energy Company Acquires Stake in Blockchain Firm Electron

U.K. energy supplier OVO has announced a strategic investment in blockchain energy technology company Electron. Major United Kingdom energy company OVO has invested in blockchain firm Electron through its recently launched technology division, Kaluza. The development was announced in an OVO blog post published on…

PR: Blockchain Day at RISK 2019

This is a press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The international conference RISK 2019 to give host to…

Thai Petroleum Company Tests Blockchain Energy Trading Platform

Petroleum refiner Bangchak Corporation Public Co. Limited is testing a blockchain-based microgrid at one of its stations in Bangkok. Thai petroleum refining firm Bangchak Corporation Public Co. Limited (BCP) is testing a blockchain-based energy trading platform and commercial microgrid, distributed energy news site Microgrid Knowledge…

Spanish Mining Startup to Return $68 Million Raised During ICO

Spanish startup CryptoSolarTech will return $68 million raised during its ICO; the funds were slated for the construction of a crypto mining farm in Southern Spain. Spanish cryptocurrency mining startup CryptoSolarTech will return $68 million raised during its initial coin offering (ICO). A screenshot of…

Report: Global Blockchain in Energy Utilities Market to Grow 60% by 2024

According to a recent report, the global blockchain in energy utilities market is expected to grow by 60 percent from 2018–2024. The global blockchain in energy utilities market is expected to grow by 60 percent by 2024, according to a new report from Infoholic Research…