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Latest articles tagged:

Energy Consumption

2005, 2018

Five interesting facts about crypto mining

|20 May 2018|News|

Crypto mining pools have been a natural response to the issue that arises from solo mining - namely that there is massive financial risk in mining alone due to the fact that mining is essentially a game of chance.

902, 2018

Enel ‘no power for crypto’ decision returns focus to proof-of-work’s energy footprint

|9 Feb 2018|News|

At the start of the year, Italy's largest utility company Enel SpA was in talks with Swiss cryptocurrency mining startup Envion to sell power from wind, solar and other renewable energy sources to the crypto miner. However,the initiative backfired on Envion as Enel eventually announced it had "no interest" in selling energy for crypto production - reigniting the debate around proof-of-work's significant energy use.

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