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Bitcoin mining takes up a lot of energy Some cities aren t fans

Environmentalists and local governments are increasingly worried about the high-energy consumption that comes with producing some cryptocurrencies. In one case, a bitcoin “mining” facility was responsible for a third of a Montana county’s electricity usage.

DMG Blockchain Solutions CEO to Hold Conference Call to Review Second Quarter 2021 Financial Results and Provide Corporate Update on May 27, 2021 at 4:30 PM ET

Share: VANCOUVER, British Columbia, May 21, 2021 (GLOBE NEWSWIRE) DMG Blockchain Solutions Inc. (TSXV:DMGI) (OTC:DMGGF) (FRANKFURT: 6AX) ( DMG or the Company ), the only vertically integrated blockchain and cryptocurrency technology company, is pleased to announce that its CEO, Sheldon Bennett will host a conference call to review second quarter 2021 financial results and provide a corporate update Thursday, May 27, 2021 at 4:30 pm EDT. Participants are asked to pre-register for the call through the following link: Please note that registered participants will receive their dial in number upon registration and will dial directly into the call without delay. Those without Internet access or unable to pre-register may dial in by calling: 1-866-777-2509 (U.S. toll free),

DMG Blockchain Solutions and Argo Blockchain Sign Crypto Climate Accord

DMG Blockchain Solutions and Argo Blockchain Sign Crypto Climate Accord
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Why environmentalists are fighting Bitcoin miners

Why environmentalists are fighting Bitcoin miners 14 May 2021 Avi Asher-Schapiro, Reuters In mid-April, nearly 150 local environmentalists marched to the gates of Greenidge Generation, a Bitcoin mining facility in upstate New York, in a last-ditch effort to block its expansion. Their objection: that the creation of the cryptocurrency, an energy-intensive process in which computers compete to solve mathematical puzzles, may harm efforts to limit global warming. Three days later, the planning board in the small town of Torrey voted 4-1 to allow Greenidge Generation to more than double the number of machines it has mining Bitcoin . “Everything we want to do to fight climate change could be erased,” Yvonne Taylor, one of the march’s leaders, told the Thomson Reuters Foundation.

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