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Costa Samaras

Federal Energy Agencies’ Unwillingness to Act on White House’s Crypto Mining Recommendations Miffs US Lawmaker

Federal Energy Agencies’ Unwillingness to Act on White House’s Crypto Mining Recommendations Miffs US LawmakerJared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House’s call on them to do “reliability assessments of current and projected crypto-asset mining operations on electricity system reliability and adequacy.” However, a commissioner at […]

Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion

Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate

Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on ClimateAccording to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official, Costa Samaras, said if digital currencies plan to stick […]

Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion

Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility

Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based FacilityAccording to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped by excessive energy demand, Lancium can continue mining without reducing its […]

Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion