Category Archives: electricity

Dutch Bank Suggests Bitcoin Mining Consumes Too Much Electricity

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. According to an article published by Business Insider, Dutch bank ING recently published a study suggesting that bitcoin mining consumes too much electricity. The report claims that a single bitcoin transaction consumes as much electricity as a… Read more »

Ukraine’s New Bill Treats Bitcoin as Financial Asset and Encourages Mining

Two bills to provide legal frameworks for cryptocurrencies including bitcoin have now been submitted to the Ukrainian parliament. The latest one proposes recognizing them as financial assets. It also defines cryptocurrency derivatives, as well as proposes simplifying taxation and reducing electricity tariffs for mining activities. Also read: Putin Orders the Issue… Read more »

Japanese Renewable Energy Provider Offers Low Flat-Rate Electricity for Crypto Miners

Mining 20 mins ago | By Kevin Helms – | 902 | 1 Japanese Renewable Energy Provider Offers Low Flat-Rate Electricity for Crypto Miners Japanese renewable energy provider, Looop, has announced an electricity plan aimed at reducing costs for bitcoin and other cryptocurrency miners. The plan charges a flat monthly… Read more »

Japanese Renewable Energy Provider Offers Low Flat-Rate Electricity for Crypto Miners

Japanese renewable energy provider, Looop, has announced an electricity plan aimed at reducing costs for bitcoin and other cryptocurrency miners. The plan charges a flat monthly fee for electricity usage of up to a certain level in the Tokyo Electric Power Company service area. Also read: Japan’s Largest Bitcoin Exchange Bitflyer… Read more »