• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Mining: Europe's New Ally in Energy Crisis

user avatar

by Giorgi Kostiuk

7 months ago


Once criticized for high energy consumption, Bitcoin mining now finds a new role as an ally in Europe’s energy transition.

The European Energy Crisis

Europe is facing an energy crisis exacerbated by geopolitical tensions and rising costs. Renewable sources like wind and solar account for nearly 60% of Germany's electricity generation, but their intermittent nature poses challenges to grid stability.

Bitcoin's Role in Solving Energy Challenges

The European Bitcoin Energy Association explores mining as a solution to energy challenges. Chair Rachel Geyer emphasizes that miners can adapt their consumption based on electricity prices, unlike data centers like those of Amazon or Facebook.

New German Laws and Mining Innovations

Germany's new law focuses on utilizing surplus energy, positioning Bitcoin as a key player in addressing overproduction. Terahash is advancing projects that merge mining with sustainable energy, like their facility in Finland using mining heat for city heating.

Projects like those in Germany illustrate Bitcoin mining's potential to stabilize grids and reduce costs, aligning with sustainable practices. This approach highlights Bitcoin's utility in grid-related use cases.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

GENIUS Act: New Constraints on Stablecoins in the U.S.

chest

U.S. President Trump has signed the GENIUS Act banning yield-generating stablecoins, raising concerns in the large stablecoin market.

user avatarGiorgi Kostiuk

GENIUS Act: New Regulations for Stablecoins in the US

chest

President Trump signs the GENIUS Act, establishing regulatory guidelines for stablecoins in the US and impacting the crypto industry.

user avatarGiorgi Kostiuk

Crypto Perpetual Futures: Shocking Liquidation Volumes Revealed

chest

A look at liquidation metrics in crypto perpetual futures over 24 hours: insights and trends in digital asset trading.

user avatarGiorgi Kostiuk

Overview of XYZVerse: Investment, Community, and the Meme Token's Future

chest

Learn about XYZVerse ($XYZ)—a new meme token, its ecosystem, and prospects in the cryptocurrency market.

user avatarGiorgi Kostiuk

U.S. Government Introduces Ban on Yield-Bearing Stablecoins: Market Implications

chest

The GENIUS Act signed by Trump bans yield-bearing stablecoins in the U.S., impacting market strategies and DeFi.

user avatarGiorgi Kostiuk

Top Cryptocurrencies: Why BlockDAG, Dogecoin, Ethereum, and Monero Keep Impressing

chest

This article examines the reasons behind the stability and popularity of BlockDAG, Dogecoin, Ethereum, and Monero in the cryptocurrency market.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.