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You Searched For "bitcoin ban" and got 16 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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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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1 min read

China's stock rout has spurred a mad dash into banned bitcoin

China's crypto volumes have outpaced those in Hong Kong as investors shy away from domestic stocks.

Filip De Mott   


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1 min read

Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' and says the crypto is hopeless as a currency

JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said bitco…

Theron Mohamed   


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2 mins read

Investing legend Jeremy Grantham sounds the alarm on a stocks bubble, blasts bitcoin, and says the dollar's still king

Stocks are historically expensive, bitcoin is a tool for criminals, and the era of dollar dominance…

Theron Mohamed   


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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   


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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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2 mins read

The biggest bitcoin miner in Texas is shutting down ahead of blast of winter weather in the state

Riot Blockchain initiated shutting down its Whinstone facility Tuesday and will remain powered down…

Isabelle Lee   


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5 mins read

YouTube's mass exodus of stars and TikTok's potential US ban shows the uncertainty of the creator economy

YouTube changed how we watch videos. A departure of creators might lead to its own shift.

Dan DeFrancesco   


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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   


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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…

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2 mins read

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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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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2 mins read

China banned all crypto transactions on Friday, but experts say the move was mostly priced in for bitcoin

"The reaction is significantly smaller than previous bans as the market has already priced in the r…

Isabelle Lee   


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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

Russia is mulling energy tariffs for crypto mining amid a wave of migration following China's ban, report says

"We can't let miners capitalize on the situation at the expense of low residential electricity tari…

Isabelle Lee