Posts Tagged ‘mining’

D.C. Man Searches For Bitcoin Miner In Exchange For Free Electricity

D.C. tech contractor Walter Augustine wants to cash in on some decentralized virtual currency.
Specifically, he wants to mine Bitcoins—which involves solving complex mathematical equations in order to create new bitcoins.  Only 21 million units of the currency can be created, and mining them requires special hardware and massive amounts of electricity to keep the machines running [...]

Mountaintop Coal Mining Face Off Starts Now!

Have you heard of mountaintop removal coal mining? The companies who do it prefer the more value neutral “mountaintop mining.” But the “removal” part is very descriptive.  The practice involves blowing off the tops of mountains to get at the coal underneath. Leftover rubble is dumped into the mountain valleys, burying hundreds of streams, according [...]