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You Searched For "bitcoin mining ban" and got 20 results


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2 mins read

Residents in rural Texas are suing their noisy neighbor: a humming bitcoin mining facility

Residents want a permanent injunction, alleging the bitcoin mining facility's loud hum and vibratio…

Geoff Weiss   


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2 mins read

A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors

A rise in cryptocurrency-mining facilities in Texas and other states has come under scrutiny for th…

Kiera Fields   


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US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports

Microsoft relayed concerns to the US government that a Cheyenne, Wyoming, Bitcoin mining operation …

Hannah Getahun   


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8 mins read

Bitcoin miners got kicked out of China. Now they're sucking America dry.

Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive a…

Taylor Dorrell   


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2 mins read

Environmental impact of Bitcoin mining has gotten worse since China’s ban, according to a new study

Bitcoin industry groups have often claimed that green mining is gaining prominence. However, a new …

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European Union votes against banning Bitcoin-like cryptos that use proof-of-work method

A proposal to ban mining and transactions of energy-intensive cryptocurrencies like Bitcoin, Ethere…

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2 mins read

A New York power plant that mines bitcoin faces big test in governor's office

Greenidge Generation in the third quarter of 2020 said it mined 729 bitcoins and had approximately …

Isabelle Lee   


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Cryptocurrencies tumble as China continues its crackdown against mining

The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…

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1 min read

The US unseats China as world's biggest bitcoin miner, accounting for a third of the global hash rate after Beijing's crackdown

The increase in the share of the US came after China in September banned all cryptocurrency transac…

Isabelle Lee   


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1 min read

China catches hundreds of banned crypto miners stealing electricity amid energy crisis

Banned crypto miners reportedly siphoned electricity from public agencies and universities during a…

Carla Mozée   


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1 min read

Iran is ordering crypto-mining centers to shut down for the 2nd time this year to prevent blackouts

Iran is ordering authorized crypto-mining centers to shut down to prevent blackouts. Bloomberg was …

Isabelle Lee   


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1 min read

Marathon Digital and other crypto-linked stocks drop after China declares cryptocurrency transactions illegal

China says bitcoin and ether cannot be used as currency in the world's second-largest economy, send…

Carla Mozée   


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3 mins read

China's crackdown on crypto slashed competition for North American bitcoin miners - and earnings are soaring to record highs as a result

Earnings reveal that non-Chinese mining firms produced more bitcoin in the second quarter amid Chin…

Emily Graffeo   


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2 mins read

A 'seismic shift' in Chinese crypto mining is underway and bitcoin could slide further as a result: Glassnode

Bitcoin's price could slide further as China's crypto crackdown pushes miners out of the market, sl…

Sophie Kiderlin   


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Why China's crypto crackdown is creating 'tremendous' opportunities for miners in other countries, according to industry execs

The ban on mining operations in China has actually helped bitcoin move towards its goal of becoming…

Emily Graffeo   


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3 mins read

The US has been sweeping up shares of the bitcoin hashrate as miners exit China

New data from the Cambridge Centre for Alternative Finance puts empirical evidence behind the ongoi…

Emily Graffeo   


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2 mins read

29-year old crypto billionaire Sam Bankman-Fried says FTX US is set to expand after fresh funding round

"When you look at FTX US, there's an enormous amount of potential growth," Bankman-Fried told CoinD…

Isabelle Lee   


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1 min read

Russia's bitcoin-mining industry is booming through war and sanctions

There's more bitcoin mining equipment flowing into Russia than anywhere else in the world as sancti…

Phil Rosen   


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1 min read

Proof-of-work crypto mining should be banned in the EU, says European markets regulator

"We need to have a discussion about shifting the industry to a more efficient technology," Erik The…

Phil Rosen   


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2 mins read

The US has sanctioned crypto-mining firm Bitriver to prevent Russia from bypassing energy export bans

The US Treasury said that Russia's advantage in energy resources and having a cold climate make its…

Weilun Soon