[ad_1] It is often said that the best things in life are free, but using your employer's electricity supply to extract cryptocurrencies is never a good idea. According to the Chinese publication HK01, a teacher from a school in Chenzhou, China, was captured using the institutions' electricity for their mining …
Read More »The Grid + Blockchain project by ConsenSys uses Ethereum to provide Texas With Electricity
[ad_1] The ConsenSys Startup offers renewable energy through the Ethereum blockchain A recent tweet realized by the startup of ConsenSys, Grid + has revealed the news of a new goal achieved. In particular, the launch – known to exploit the Ethereum blockchain in a way that gives consumers access to …
Read More »How much electricity do they use Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Monero?
[ad_1] We have heard about blockchains that consume excessive amounts of electricity. You've probably heard that bitcoin uses more energy than most countries, for example. It's true! If the bitcoin was classified in relation to the rest of the world in terms of energy consumption, it would be the 47th …
Read More »Blockchain could help bring renewable energy to the electricity grid, experts say in Congress
[ad_1] Blockchain technology could help the energy sector protect the power grid and overcome some of the major barriers to the widespread use of renewable resources, they told industry-savvy legislators. But before this can happen, the government must fund more blockchain research Energy researchers and blockchain experts on Tuesday have …
Read More »University students extract cryptocurrency in dormitories; Free electricity makes it profitable
[ad_1] University students in the United States are threatening cryptocurrencies in their dormitories to pay their student loans, even if they are secretly. According to a study by the computer security company Vectra, about 60% of US mining traffic comes from computers with IP addresses connected to colleges and universities. …
Read More »Electric grid operators are tracking Bitcoin Mining electricity thieves
[ad_1] The extraction of Crypto is one of the largest sources of energy consumption in the world: we generally pay money for electricity, and this is an accepted cost for mining. can also other money through a crypto mining when you steal electricity – and that's what people around the …
Read More »A Guide to Bitcoin's Miner for Cheapest Electricity in America
[ad_1] The average retail cost of one kilowatt-hour (kWh) of electricity in the United States is around 10 cents. Like all averages, there are always lower costs. For large industrial consumers, the average US falls below seven cents per kWh. In a city in the United States, Massena, New York, …
Read More »Chinese researchers develop a blockchain-based electricity exchange
[ad_2][ad_1] Call it a game of power, but researchers at Fudan University in China have officially filed a patent application describing a decentralized power plant that could allow parties to exchange unused electricity without an intermediary. The patent outlines a system where power sellers and buyers are assigned as network …
Read More »Researchers build the electricity exchange at Blockchain that they say cuts waste
[ad_2][ad_1] Researchers from one of the best universities in China say they have developed a decentralized exchange, not for cryptographic resources, but for unused power A patent application presented by Chinese Fudan University in January and revealed on Friday shows how it works a blockchain-based electricity exchange that assigns sellers …
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