You Searched For "Bitcoin mining proof of work" 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
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
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
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’…
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…
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
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
2 mins read
Bitcoin and other cryptocurrencies should follow Ethereum’s lead to be more sustainable: Expert
Just a few months back, Ethereum made a ground-shaking move called 'The Merge', which fundamentally…
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
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
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
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
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
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
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
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…
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
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
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
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…