Cryptocurrency Payments for Electricity Bills: Looking Ahead

This week, the energy arm of ConsenSys spinoff Grid+ angled toward cryptocurrency payments for electricity in two of Texas’s largest electric delivery service areas. Zooming out, the modest step forward forebodes a future where second-layer blockchain scaling solutions and smart contracts may drive real-time payment settlements in energy markets and beyond.  […]

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Crypto Mining Could Bring Russia $1B in Taxes, Report Suggests

Using its excess energy generating capacity to mine cryptocurrencies, Russia can increase its budget receipts by more than $1 billion dollars in annual tax revenue. The estimate comes from a report that also calls for the establishment of a Russian crypto valley.   Also read: Defying Crypto Winter, Swiss Crypto […]

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Could Blockchain Upend A Century-Old Global Energy System?

The World Energy Council has produced its blockchain-focused World Energy Insights Brief 2018. After consulting with 39 global energy leaders and stakeholders, the report finds that blockchain is in its infancy, but it could have an immediate impact and holds the potential to “upend” the global energy system. The new […]

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The Revolution Will Not Be Linear: Blockchain’s Unsustainable Demands From The World’s Energy Resources

Ten years from now, the story of Satoshi Nakamoto – the anonymous creator of Bitcoin – may very well become as unknown as the story of Tim Berners Lee, the creator of the world wide web. Satoshi, not only created the world’s first cryptocurrency, but a technology revolution that is […]

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Thai Energy Authorities Take Stand against Tokenized Solar Energy Platforms | BTCMANAGER

Commodifying the intangible and making it available to the private sector is essentially what blockchain technology has promised since 2008. A primary use case, among a froth of many, has been the buying and selling of tokenized energy between non-governmental parties. In Thailand, however, federal energy authorities are taking a […]

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US Renewable Energy Sources Surpass Nuclear: Will it Affect Crypto Mining?

According to new figures provided by the US Energy Information Administration and obtained by Cleantechnica, an energy-focused publication, renewable energy sources surpassed nuclear energy sources in 2018, which could have a profound impact on the global crypto mining sector. For many years, especially in December of 2017 during the peak […]

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Researcher: Stop Worrying About Bitcoin's Environmental Impact

A common mainstream media trope is that Bitcoin mining will soon use so much electrical power it could lead to an environmental catastrophe. We’ve often provided examples of how this is a false narrative, and now an independent energy researcher is saying the same. She points to miners migrating to […]

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Researcher Declares the Bitcoin Energy Consumption is Good

A report published on Forbes claimed that bitcoin dramatically increases global energy consumption and concluded that electricity remains the major limitation of the technology. This publication mirrors the stance of majority energy experts in the world. However, new facts detailed in an article published on THE Conservation claims that the […]

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Research Associate: Conversations Around Bitcoin and Energy Have Been Oversimplified

In the almost decade long existence of Bitcoin, the network has repeatedly come under fire for the large amount of electricity required to secure it. However, one researcher believes that the current discussion on energy use is largely redundant since it doesn’t take into account how the electricity itself is […]

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