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Showing posts with the label renewable energy

Halfway To Clean: Bitcoin Hits 50% Renewable Mark, Ripple Chairman Reacts

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Why the US is one of the world’s most crypto-friendly nations

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Join Our Telegram channel to stay up to date on breaking news coverage It may come as a surprise to some, but the US is undoubtedly one of the friendliest nations when it comes to crypto. With the most Bitcoin and Ethereum nodes, it ranks first, and regulators are particularly interested in the topic. President Joe Biden’s administration published a number of federal reports in September that discussed possible regulations for cryptocurrencies in the next year. Crypto adoption In those papers, the Office of Science and Technology stated that it is the role of the government to “defend” people from the harmful effects of cryptocurrency-related pollution and climate change. America’s largest-ever investment in renewable energy , climate resilience, and greenhouse gas emission reduction is President Biden’s Inflation Reduction Act. A $370 billion incentive fund, including green energy tax credits, is set aside as part of the plan to encourage the wid...

Solar ‘Bazooka’ Bitcoin mine warms warehouse amid Europe’s energy crisis

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A warehouse in the Netherlands swapped out natural gas for Bitcoin miner heating — saving money, efficiency and the planet. It’s another win for Bitcoin miners and the environment. A Dutch Bitcoiner has installed a Bitcoin (BTC) miner in a warehouse to replace the heating system powered by natural gas.  Why? Because it’s cheaper, more environmentally friendly, and uses solar power. Our latest installation heats a warehouse with electricity instead of natural gas. We’ve installed manual valves to guide airflow. The sound has been attenuated under 40db with a large damper. The people that work in the warehouse enjoy the warm temperature and low sound. pic.twitter.com/fcdEUlqiuN — Bitcoin Brabant (@BitcoinBrabant) October 5, 2022 Bert de Groot is the founder of Bitcoin Brabant, a Dutch company that helps “businesses adopt the Bitcoin standard.” He’s always on the lookout for untapped energy sources, and ways in which Bitcoin mining can improve business efficiencies while saving mo...