France is exploring a novel solution to the problem of wasted renewable energy: Bitcoin mining. The country is currently facing over €80 million in losses from excess renewable energy. To reverse this liability into a long-term upside potential, it is now thinking about Bitcoin mining to use up the wasted...
Alright, let's talk Bitcoin. Now, all of a sudden, everyone’s wringing their hands about miners going bankrupt due to low transaction fees. Revenue down, blah blah blah. I'm here to tell you something you probably won't hear anywhere else: this is good. Not merely good, but essential for Bitcoin’s long-term...
It’s no secret that the Bitcoin mining industry is currently going through—and deserves—a harsh come-to-Jesus moment. Transaction fees, which were once a juicy complement to block rewards, are hitting three-year lows. Despite Bitcoin’s current price hovering around $104,648, miners are making less money. The halving had just taken a heavy...
AgriFORCE Growing Systems recently opened a bitcoin mining operation in Alberta, Canada that uses flared gas as an energy source. Among other components, the company’s project features real-time emissions tracking and a telemetry system. AgriFORCE plans to expand the site by another 200 kW. Their track record With this move,...
AgriFORCE has been getting a lot of headlines lately with its Alberta bitcoin mining operation, which is powered by flared natural gas. Finally, a company claiming to solve two problems at once: reducing wasted energy and fueling the energy-hungry beast that is Bitcoin mining. Before we make them eco-champions, let’s...
Let’s face it, the Bitcoin mining space is becoming saturated. And now everyone and their grandmother apparently are opening offices in pursuit of those delicious sweet, sweet satoshis. So, when a small-cap agriculture and tech firm like AgriFORCE (AGRI) announces they're diving into the flared gas bitcoin mining business, the...
Is your "green" crypto really green? Cloud mining is an easier, greener, more considerate method of joining the cryptocurrency gold rush. Just rent some hashing power and chill. Watch those digital coins come rolling in, all while patting yourself on the back for helping save our one and only planet....
Nebraska Governor Jim Pillen recently signed LB526 into law. This new legislation would put strict regulations on crypto mining operations throughout the state. The legislation’s intent is to harden the electrical grid’s infrastructure. It will protect other homes and businesses from unreliable service and addresses all of the growing public...
Alright, a portable crypto mine stuffed into a KamAZ truck in Russia. As absurd as it may seem, this bona fide proposition sounds like something pulled directly from a terrible action-movie script. Rather than write it off as unadulterated foolishness, let’s stop and think. Might this strange action provide us...
France is set to take an even bolder step. Put aside the old tropes of Bitcoin as an energy glutton. French legislators recently tabled a proposal for a thorough analysis of how Bitcoin mining can best serve to improve their national energy grid. I'm not talking small tweaks, folks. This...
