1. Home
  2. bitcoin mining report

bitcoin mining report

Swiss canton of Bern votes to study Bitcoin mining feasibility

Bern’s Bitcoin Parliamentary Group is calling the commissioning of the report a victory, although the executive branch is opposed to it.

The parliament of the Swiss canton of Bern has passed a motion to commission a report on Bitcoin mining. The canton’s Government Council, its executive authority, has already voiced its opposition to the report — and Bitcoin mining — but supporters are calling this a victory.

The report was proposed by the multiparty Bitcoin Parliamentary Group, consisting of 23 members. It passed by a vote of 85 to 46.

The report will consider where excess energy could be sourced in the canton, potential collaboration with Swiss Bitcoin miners and the potential for Bitcoin mining to add stability to the electricity grid.

Read more

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to BitcoinThe Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting climate change. The science and tech department believes […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better

ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do BetterIn recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate the world’s carbon emissions by 5.32%. Batten’s study notes that if […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2

Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows talking points condemning the network’s electrical consumption have been greatly exaggerated. According to […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA