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Cryptocurrencies/Coins/Blackmoon (BMC)
Blackmoon price, market cap on Coin360 heatmap

Blackmoon(BMC)

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?
? SAT
Market Cap (Rank#1496)
?
? BTC
Vol 24h
?
? BTC
Circulating Supply
21,942,543.52
Max Supply
?
75 days agozycrypto
Divergent Views Over Digital Asset Mining Call For Closer Stakeholder Engagement
The Bitcoin Mining Council (BMC) has released the Global Bitcoin Mining Data Review Q2 2022 report. The report has interesting findings on digital asset mining that will certainly add to the debate on the impact of crypto mining on the environment. According to the BMC report, Bitcoin mining uses an inconsequential amount of global energy, […]
162 days agocryptodaily
Bitcoin Moving To Greener Pastures? 60% Of Mining Is Now Sustainable
Bitcoin is finally moving away from what many consider its Achilles heel, its reliance on non-renewable sources of energy. According to the Bitcoin Mining Council’s latest quarterly survey, the bitcoin mining industry is increasing its dependence on electricity from sustainable sources, significantly reducing its dependence on non-renewables. A Rapid Move Away From Non-Renewables The Bitcoin Mining Council (BMC) is a voluntary forum of cryptocurrency mining companies, backed by Michael Saylor’s MicroStrategy Inc. The council, in its latest survey, revealed that the Bitcoin mining industry has made a rapid shift, moving away from non-renewable sources of energy. Instead, the survey revealed that the industry had increased its dependence on energy from sustainable sources, marking a drastic shift. The mining industry registered a sustainable electricity mix of 58.4% in the period between January and March. This figure is a significant increase from 36.8% recorded a year earlier. According to the survey, these numbers represent a significant increase of 59% year on year. An Increase In Energy Efficiency The survey also revealed a significant increase in the energy efficiency of mining operations. Electricity consumption showed a decline of 25% over the past year, while the hash rate increased by 23%, rising from 164.9 to 202.1. These numbers represent an increase of 63% from the previous year. The council further stated that significant gains from new technologies and an increased reliance on alternative sources of power such as wind and solar energy are fast, making Bitcoin mining one of the most sustainable industries in the world. A Few Doubts Remain Despite the euphoria around the report, it remains unknown how the Bitcoin Mining Council arrived at these numbers. The council was only constituted in June 2021, and it isn’t known how it reached the estimate of 36.8% for Q1 of 2021. Data was also self-reported by council members, who reported using 64.6% of sustainable energy. The Bitcoin Mining Council’s report contradicts a peer-reviewed study by the scientific journal Joules. The report in Joules stated that mining had contributed to an increase of 17% in carbon emissions, thanks to operations carried out to sustain Bitcoin and its network. The journal also presented a detailed, industry-wide breakdown of energy consumption, which showed that Bitcoin is consuming 247 Terrawatt-hours (TWh) of energy. Bitcoin has come under increasing flak thanks to it being highly energy-intensive and having a very high carbon footprint. The cryptocurrency has made efforts recently to move towards greener and more sustainable energy sources. Sustainable Energy Powering Majority Of Bitcoin Mining Industry Back in October 2021, a survey conducted by the same Bitcoin Mining Council showed that the Bitcoin mining industry is powered by a higher mix of sustainable energy than any major industry or country. The findings were published in the Global Bitcoin Mining Data Review Q3, 2021, and showed that over half the energy consumed by Bitcoin is sourced sustainably. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
162 days agozycrypto
Survey Reveals Use Of Sustainable Energy In Bitcoin Mining Remained Above 50% For The Fourth Quarter In A Row
The Bitcoin Mining Council (BMC) survey reports that Bitcoin has become significantly more efficient and environmentally friendly. It is the fourth time the Michael Saylor-backed group is releasing such a report. BMC Findings According to the latest quarterly report by the BMC, Bitcoin mining has shown steady growth in its efficiency and reliance on greener […]
244 days agocryptodaily
Bringing the Virtual Reality of the Metaverse to Real Life
The metaverse, Play-to-Earn (P2E) gaming, and NFTs: three of the most popular, yet differentcrypto concepts of today. Blue Monster Games (BMG) is here to unite these revolutionary ideas into one, truly decentralized, user-focused, andpotentially profitable ecosystem—read on to find out all you need to know. Play-to-Earn (P2E) in a nutshell For those unfamiliar with the concept: Play-to-Earn (P2E) is essentially a reward framework built around blockchain-based games that enables players to gain valuable digital assets in return for their engagement. These returns vary greatly, however, some of the top ecosystems’ users are often able to make a full-time living from them. Despite the concept’s significant following, many argue it’s only the tip of the iceberg in terms of potential. For instance, rewards mostly consist of fungible crypto tokens, and almost all Play-to-Earn games are standalone applications, rather than entire ecosystems. Until now. About Blue Monster GamesBMG is here to embark on a challenging, and highly ambitious journey, with a vision to unite the crypto world’s top ideas—Play-to-Earn gaming, NFT rewards, and the metaverse—into one, truly decentralized ecosystem for all. Blue Monster Games disrupts traditional, centralized gaming by offering endless possibilities to visionary participants and creatives to bring entirely new virtual worlds to life, while remaining sole owners and controllers of their creations. Being the pioneer in its field, BMG’s mission is not easy,but increasingly tremendous demand, and underserved markets supported by a world-class team manage to drive the project forward every day; let’s take a look at what this metaverse is all about. First, to ensure a truly decentralized environment, BMG was created to be a DecentralisedAutonomous Organization (DAO). Essentially, this means an entirely self-governing community directed by token holders. Also, it’s important to note that all the profits of the ecosystem go to the DAO, which then redistributes it among its members. Moving on to Play-to-Earn gaming with possibly leveraged Non-Fungible Tokens (NFTs), which is one of BMG’s most innovative aspects. Simply put, users will be able to play with in-game NFTs, such as various characters, but, contrary to almost all other platforms in the sphere, they don’t have to own them. Instead, players—called Scholars—could opt for borrowing the NFTs of other members—Managers—who they could easily match with on Blue Monster Games’ user-friendly Marketplace. This disruptive mechanism combined with a Play-to-Earn revenue model never seen before will enable players the chance to potentially make one hundred times the amount they could earn on Axie Infinity, the biggest project in the sphere. BMC Token Explained BMC Token is the native cryptocurrency of the Blue Monster Games ecosystem. It not only gives governance rights to every single holder, but also acts as the universal measure of value throughout the BMG metaverses. Additionally, users will be able to stake their $BMC Tokens to earn industry-leading yields, or earn BMC by referring new entrants to the ecosystem, thereby further optimizing their profits. DIG: The Engine Behind BMG Decentralised Investment Group (DIG)is a well-establishedfirm based in Dubai, with a primary focus on investments in the GameFi, and DeFi spaces, combined with venture capital allocations within the industry. With a proven track record of countless successful backings within the crypto sphere, DIG is now standing behind Blue Monster Games, providing a rock-solid foundation during the early days of the ecosystem. Final thoughts Play-to-Earn gaming, NFTs, and metaverses have managed to completely change how the world operates as standalone concepts: now imagine what they are capable of when combined into one, powerful ecosystem, such as Blue Monster Games (BMG). Backed by DIG, many experts argue that BMG is set to succeed, which would make the project one of the first significant representatives of the upcoming era. To keep up with all things DIG, follow their Instagram, Twitterand Telegram. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
343 days agocryptodaily
Sustainable Energy Powers 57% Of Global Bitcoin Mining Industry
A recent survey shows that despite being energy-intensive, the global BTC mining industry is powered by a higher mix of sustainable energy than any major country or industry. 65.9% Of BMC Sustainably-Powered The survey mentioned above was conducted by the Bitcoin Mining Council (BMC), which consists of 29 companies that comprise 33% of the global network. It is a voluntary association of Bitcoin miners, founded in May 2021 with support from notable Bitcoin mining companies like MicroStrategy and its CEO, Michael Saylor. The council recently published the findings of the Global Bitcoin Mining Data Review Q3 2021, which indicated that more than half the electrical energy consumed by the Bitcoin industry is sustainable-sourced. According to the results, the members of the BMC and participants in the survey are currently utilizing electricity with a 65.9% sustainable energy mix. Global Bitcoin Mining Follows Sustainability Trend The previous survey conducted by the BMC in Q2 of 2021 had shown similar results. Back then 56% of the industry had opted for sustainable energy sources to power their mining activities, making it one of the most sustainable industries globally. The trend followed into the global BTC mining industry in Q3, with a 3% increase in the sustainable electricity mix. With an estimated 57.7% of the industry now running on energy sources like hydro, wind, solar, nuclear, geothermal, and carbon-based generation with net carbon credits, it is the highest sustainable energy mix compared to any major country or any other industry. The report explicitly pointed out, “Based on this data it is estimated that the global mining industry’s sustainable electricity mix had grown to approximately 57,7%, during Q3 2021, up 3% from Q2 2021, making it one of the most sustainable industries globally.” China Ban Contributed To Industry Restructuring The migration to sustainable energy sources has become a global phenomenon for BTC mining operations everywhere. The restructuring was partly influenced by China’s crypto ban in May, which cited environmental concerns associated with BTC mining. Discussions in the crypto community, especially through social media platforms, further spotlighted the energy-intensive mining process that was holding the industry back. Crypto community members and experts have long since spoken up about the need for BTC mining to figure out a more sustainable alternative. According to Microstrategy CEO Michael Saylor, “This quarter we saw dramatic improvements to Bitcoin mining energy efficiency and sustainability due to advances in semiconductor technology, the rapid expansion of North American mining, the China Exodus, and worldwide rotation toward sustainable energy and modern mining techniques.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Blackmoon

The live price of Blackmoon (BMC) today is ? USD, and with the current circulating supply of Blackmoon at 21,942,543.52 BMC, its market capitalization stands at ? USD. In the last 24 hours BMC price has moved -0.003086 USD or -0.64% while 297.422 USD worth of BMC has been traded on various exchanges. The current valuation of BMC puts it at #1496 in cryptocurrency rankings based on market capitalization.

Learn more about the Blackmoon blockchain network and how it works or follow the price of its native cryptocurrency BMC and the broader market with our unique COIN360 cryptocurrency heatmap.

Blackmoon Price? USD
Market Rank#1496
Market Cap? USD
24h Volume? USD
Circulating Supply21,942,543.52 BMC
Max SupplyNo Data
Yesterday's Market Cap38,020.73 USD
Yesterday's Open / Close0.004819 USD / 0.001733 USD
Yesterday's High / Low0.006068 USD / 0.001286 USD
Yesterday's Change
-0.64% ( 0.003086 USD )
Yesterday's Volume297.422 USD
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