Crypto Wrap Up: Bitcoin & Ethereum Collapse, US CBDC and Russia Ban Crypto

This week’s Crypto Wrap KnovaWave & Meta Johnny discuss a big week for crypto, the collapse of Bitcoin and Ethereum and alt coins heads us off. They discuss the use Of Bitcoin in South America and The US Fed’s paper on CBDC. The story behind the banning of Crypto in Russia and China as geopolitical tension hits fever pitch. Ethereum Money and Payments: The U.S. Dollar in the Age of Digital TransformationJanuary 2022 Executive Summary For a nation’s economy to … Continue reading “Crypto Wrap Up: Bitcoin & Ethereum Collapse, US CBDC and Russia Ban Crypto”

Solar Generation To Rise To 20% From 3% of U.S. electricity By 2050 EIA Forecasts

The EIA nade a series of forecasts for the likely share of solar power for US electricity over the next thirty years. In 2020 solar power accounted for 3% of U.S. electricity generation from all sources. The agency forecasts that solar will account for 20% of U.S. electricity generation in 2050. EIA US Solar Power Projections Solar power accounted for 3% Solar will account for 4% in 2021 5% in 2022. 14% in 2035 20% in 2050 via EIA Electric Power … Continue reading “Solar Generation To Rise To 20% From 3% of U.S. electricity By 2050 EIA Forecasts”

Europe Energy Crisis Years in the Making With Reactionary Environmental policy

What comes to mind with the current European energy crisis is the unexpected consequences of decision making without thought of possible headwinds. The current crisis has been borne out of what could best be described as ignorant energy and environmental policies. Putting the cart before the horse the issue with populist kneejerk policy.

HIVE Blockchain Technologies Increase Bitcoin Mining Capacity To $200 Million Annual Run Rate

HIVE Blockchain announced its global operations are producing a BTC equivalent operational hash rate of 1.675 EH/s from its Bitcoin and Ethereum operations, an annual run rate of $200 million. $HVBT was the first cryptocurrency mining company with a green energy and ESG strategy.

G7 Commits to Accelerate Transition From Coal While China Builds Coal Capacity

The G7 in their communique Friday committed their nations to accelelerate it’s transition from coal in a conscious move from fossil to green fuel dependancy. Meanwhile over in China they are building coal capacity, again this shows their clear deference to the G7 

Bankruptcy Looms For America’s Largest Underground Coal Miner Murrey Energy

Murray Energy Corporation, America’s largest underground coalminer is battling to stave off bankruptcy, Yesterday it extended forbearance agreements with its lenders and elected not to make interest payments to noteholders,

Jinko Solar Beats Earnings Forecasts Higher Solar Panel Production

Jinko Solar, the world’s largest solar panel manufacturer, reported better than expected earnings before the open Monday. $JKS, headquartered in Shanghai, China sees for the full year 2018 total solar module shipments to be in the range of 11.5 GW to 11.8 GW. 

Western Australia Lithium and Energy Minerals Taskforce For Electric Vehicles and Batteries

Western Australia in response to the 2017 sales of spodumene, the primary lithium bearing mineral produced in WA soaring 166% to reach A$780-million announced a taskforce to harness the potential for lithium and other energy materials.