Category: Mining
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Cambridge Bitcoin Energy Consumption Index lowers estimate by 14%, revises methodology
[ad_1] The Cambridge Bitcoin Electricity Consumption Index (CBECI), which tracks global Bitcoin energy consumption, has undergone its first major update since 2019, influenced by evidence pointing to frequent overestimating Bitcoin’s electricity usage. A new report is said to shed light on the evolution of Bitcoin mining and to clarify the rationale behind the changes in…
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US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal
[ad_1] Data center operator US Bitcoin Corp (USBTC) will host 8,500 Bitcoin (BTC) miners with an estimated hashrate of 820 petahash (PH) belonging to bankrupt crypto lender Celsius at its Alpha Site, according to an Aug. 31 press statement. According to the statement, this represents part of an arrangement that could see it manage up…
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Lufthansa Airlines Debut NFT Loyalty Program on Polygon
[ad_1] One of the biggest airlines, Lufthansa, has recently announced the launch of its dedicated NFT loyalty program. It will reward participating passengers flying Lufthansa, Austrian Airlines, Swiss International Air Lines, and others with digital collectibles that will unlock a bunch of benefits. Passengers need to scan their boarding passes via the Uptrip app to…