Energy

Latin America and critical minerals for the energy transition

Latin America and critical minerals for the energy transition

During the last decade, mining has gained relevance in the international energy debate and climate change, given that minerals such as lithium, copper, zinc and rare earths, among others, play a central role in the energy transition as key inputs for electrification , electric mobility or digitization. To make wind turbines you need iron, aluminium, …

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Blockchain technology brings us closer to a world of 100% renewable energy

Blockchain technology brings us closer to a world of 100% renewable energy

The concepts of zero carbon energy or 24/7 renewable energy supply contracts have recently gained relevance. On the one hand, due to the pressure to decarbonize our economies and mitigate the effects of climate change. On the other, due to the demand that consumers have to verify the origin and delivery of products and services …

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More than 9,000 Bitcoin miners seized to combat energy crisis

From the beginning of the year according to the Persian calendar (March 21) until today, Iranian police officials have seized 9,404 illegally operating Bitcoin mining devices in the country’s capital. Local media report that many of the confiscations took place in mosques and schoolsaccording to information revealed by the director of the Tehran Electricity Distribution …

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Bitcoin mining will consume 10 times more energy (and that would be good for the planet)

garbage accumulated by a lake

Bitcoin mining continues to expand and it is believed that it could reach an energy consumption of almost 900 terawatt hours (TWh) by 2040. However, this could be more positive than it seems. The data analysis firm Arcane Research recently published a study on the electricity consumption of Bitcoin and its future projection. The results …

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China’s ban on Bitcoin mining favored the use of renewable energy

Bitcoin mining in China.

Key facts: The use of renewable energy in Bitcoin mining has grown by more than 10%. China still contributes more than 20% of the Bitcoin hashrate, but mostly with renewable energy. Bitcoin mining took more environmentally friendly routes after the Chinese government’s ban on this activity. Although this may not have been a consequence foreseen …

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Iran Allows Bitcoin Mining Again (If It Uses Renewable Energy Sources)

Key facts: Licensed Bitcoin miners will be able to purchase electricity from renewable sources. Since June 2022, Iran has banned Bitcoin mining farms from accessing electricity. Iran, a country that maintains a love-hate relationship with Bitcoin mining, once again opens the doors for mining farms to operate normally. They will be able to access electricity …

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What would be the most profitable energy source to mine Bitcoin? Ark Invest responds

this graph shows the total methane gas emission on the left, which is used in the supply chain

Bitcoin miners are constantly looking for cheaper sources of energy. Ironically, one of the most abundant comes from an industry that has been singled out for decades for its levels of pollution. The natural gas that is derived from fossil fuel production could be more than enough to cover the energy demand of Bitcoin mining. …

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