Bitcoin mining sites are no different than data centers operated by mega-cap tech firms such as Amazon, Apple, Google, Meta and Microsoft, the authors wrote.
The bill will impose a two-year moratorium on new crypto mining firms that use a carbon-based energy source. Existing facilities aren't affected, nor are any that tap renewable resources.
The company wants its bitcoin mining operations to be 100% carbon neutral by the end of the year.
The Australian miner continues to build out mining capacity in Canada.
With crypto markets dipping into the red and a closer look at bitcoin’s energy footprint, CoinDesk’s Markets Daily is back with the latest news roundup.
Crypto mining could help push the country’s transition into green energy.
Bitcoin promises a sovereignty the Navajo and other First Nations have always been promised but have never received.
The minister and local mining industry see renewables as a solution to Kazakhstan’s energy woes.
Kazakhstan has seen severe electricity shortages, and local miners are facing power rationing.
Companies like BitMEX shouldn’t follow the corporate trend in buying these financial assets and build renewables instead.