Police in West Midlands have uncovered a huge Bitcoin mining operation running on stolen electricity, with the miners ducking thousands of pounds in…
Continue ReadingIceland on track to become first country using more energy on bitcoin than powering homes
Written by Michael Quinn in Energy Suppliers
Cryptocurrencies may have dropped in value recently but that doesn’t mean that demand for them is slowing down.
Continue ReadingEnergy Consumed Mining Bitcoin is More than Annual Consumption of Nearly 160 Countries
Written by Michael Quinn in Electricity
According to new research the amount of energy used for mining bitcoin accumulated to more than the yearly usage of close to 160…
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