Today news
About the same in other media
This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining
Reading now: 263
It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining stems from fossil fuels.
But SAITech, a Eurasia-based Bitcoin mining operator with headquarters in Singapore, seeks to recycle the waste energy from mining for use in
Read more on cointelegraph.comAbout this in other media
Singapore suspends Bitget exchange license over K-Pop coin promotion cointelegraph.com /2 years ago
Singapore suspends crypto exchange over row with K-pop band BTS theguardian.com /2 years ago
Bitcoin plunges over 20% in another sign of global market nerves economictimes.indiatimes.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
