mining

Crypto mining is proven to stabilize energy networks

Predicting future developments in energy has been a difficult task for experts. Recent predictions for the year 2050 have shown that some experts were wrong in their predictions. One of the most notable examples is the lack of attention paid to demand response crypto mining. Demand response refers to the ability of customers to adjust …

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A proponent of crypto mining sees green business in abandoned gas wells

Dennis Porter, of the Satoshi Stock Fund. Photo illustration: Sarah Grillo/Axios. Photo: Mark Felix/Bloomberg via Getty Images A new advocate for bitcoin miners, the Satoshi Action Fund, believes that insuring the oldest cryptocurrency could be an effective way to finance a long-standing environmental problem in the United States: orphan gas wells. Why it matters: In …

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Celsius Network evaluates crypto mining bids

Celsius Network has reportedly received multiple offers for its cryptocurrency mining platform and operations. The bankrupt cryptocurrency lender told a bankruptcy court on Tuesday (December 20) that it has received offers for its retail platform, its mining business and a combination of both, Bloomberg he reported Tuesday (December 20). The terms of the bids were …

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Crypto mining in Cuba is suffering due to the electricity crisis

Cryptocurrency mining in Cuba has been halted for some time due to the Caribbean island’s electricity crisis. Several parts of Cuba have experienced repeated power outages, making mining rigs in Cuba untenable and even impossible in certain cases. As a result, many Cubans have lost thousands of dollars that they invested in purchasing crypto mining …

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