scorecard

You Searched For "Bitcoin mining proof of work" and got 19 results


Sort By:


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
3 mins read

Bitcoin mining generates 30.7 kilotons e-waste annually – enough to cover Luxembourg’s e-waste five times

Bitcoin is estimated to annually generate e-waste equivalent to over five times that of Luxembourg’…

Business Insider Latest Story Image
4 mins read

I spent $1.25 million on a 'hurricane-proof' home in Milton's path. I'm not evacuating.

A retired homebuilder lives in a house he said is "hurricane-proof." He feels confident in its stre…

Dan Latu   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

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…

Business Insider Latest Story Image
1 min read

New York has passed a bill placing a moratorium on cryptocurrency mining as state lawmakers seek to address environmental concerns

The bill targets proof-of-work crypto mining operations that burn fossil fuels. The state Senate pa…

Carla Mozée   


Business Insider Latest Story Image
2 mins read

Campaigners call for bitcoin miners to drop 'proof of work' to reduce their excessive use of energy

Greenpeace and other climate groups hope to tackle the excessive energy use in bitcoin mining by en…

Adam Morgan McCarthy   


Business Insider Latest Story Image
1 min read

Remote mountain Kingdom of Bhutan is operating secret, state-owned Bitcoin mining facilities, report says

The remote Himalayan kingdom has never publicly announced its Bitcoin operations, but it has been s…

Polly Thompson   


Business Insider Latest Story Image
7 mins read

Bitcoin price surges: How to buy bitcoin

Here's everything you need to know about how to invest in bitcoin, from choosing an exchange and cr…

Simon Chandler   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
1 min read

Ether has rallied 50% over the last month, blowing past bitcoin's gains, ahead of 'merge' for Ethereum 2.0

Bitcoin — the biggest cryptocurrency by market cap — is up about 16.6% from a month ago, trading ar…

Phil Rosen   


Business Insider Latest Story Image
2 mins read

FTX boss Sam Bankman-Fried believes bitcoin has no future as a payments network, because its 'proof of work' system means it can't scale up

The billionaire founder of crypto exchange FTX, Sam Bankman-Fried, told the FT that bitcoin won't b…

Zahra Tayeb   


Business Insider Latest Story Image
2 mins read

College alum surprised that his ayahuasca-inspired speech praising bitcoin got groans and boos

Pan said on LinkedIn he'd gotten "some help from AI (Ayahuasca Intelligence)" to write the speech, …

Geoff Weiss   


Business Insider Latest Story Image
2 mins read

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   


Business Insider Latest Story Image
3 mins read

An Indian home can live for a year with the energy it needs to mine a single Bitcoin

Bitcoin mining has long been criticised for being inefficient and a power guzzler. Now, a new repor…

Business Insider Latest Story Image
2 mins read

Texas' power-grid operator is asking crypto miners to power down as the state's electricity system grapples with sky-high temperatures

Texas' power-grid operator, ERCOT, is paying businesses that eat up a lot of energy to shut down &m…

Katie Canales   


Business Insider Latest Story Image
1 min read

The global computing power of the bitcoin network slides after Kazakhstan shuts down the internet amid violent protests

Hours after Kazakhstan's internet went down, bitcoin's hash rate dropped 12%, Larry Cermak of The B…

Isabelle Lee   


Business Insider Latest Story Image
2 mins read

China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown

A surge in covert mining operations post-ban means China is now the world's second-largest location…

Hamza Fareed Malik   


Business Insider Latest Story Image
2 mins read

Bitcoin's halving could force miners to risk operating in cheaper locations with less reliable electrical grids

The CEO of crypto miner Core Scientific anticipates the bitcoin halving to change the mining landsc…

Phil Rosen