You Searched For "bitcoin energy" and got 20 results
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2 mins read
Trump Media, Tesla, and crypto stocks surge as Trump wins — and clean energy companies tumble
Shares of Trump's social media company, Elon Musk's Tesla, and both Coinbase and MicroStrategy jump…
Theron Mohamed
2 mins read
Prepare for bitcoin to fall after the long-awaited halving, JPMorgan says
"We do not expect bitcoin price increases post halving as it has been already priced in," JPMorgan …
Yuheng Zhan
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
2 mins read
Crypto miners are pulling in more money than ever as bitcoin shatters records
Crypto mining revenue hit $78 million a day on Monday, a new all-time high for the industry, accord…
Filip De Mott
1 min read
6,000 old bitcoin-mining machines will be refurbished and sold overseas after the long-awaited halving event
Outdated machines are being moved to countries with lower electricity costs, like Ethiopia, where t…
Aruni Soni
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
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
1 min read
New research says bitcoin mining is sucking up more and more water, with use increasing 278% since 2020
"The total water footprint of US Bitcoin miners could be equivalent to the average annual water con…
Filip De Mott
3 mins read
The GameStop guy is back. But he seems to be having a midlife crisis.
Roaring Kitty is tweeting after a three-year hiatus, and meme stocks like GameStop and AMC are goin…
Emily Stewart
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
1 min read
Bitcoin's mysterious inventor Satoshi Nakamoto predicted crypto's contentious future and energy use, 2009 email shows
In newly released emails, the mystery inventor said bitcoin may require high energy use but would s…
Phil Rosen
3 mins read
The bitcoin white paper is 15 years old. Here's what it is and who people think its mysterious author could be.
The crypto community this week is marking the 15th anniversary of the publication of the bitcoin wh…
Aruni Soni
1 min read
One of the largest bitcoin miners files for bankruptcy protection as token prices fall and energy costs rise
Crypto mining giant Core Scientific filed for bankruptcy on Wednesday, joining a growing list of di…
Brian Evans
2 mins read
Rising energy costs and plummeting crypto prices mean public bitcoin miners are 'fighting to survive'
"Some miners may either go bankrupt or have parts of their assets purchased for cents on the dollar…
Jennifer Sor
2 mins read
Energy costs are soaring, bitcoin's price is plummeting — and that's why big crypto miners are selling tokens at a discount
Profits for bitcoin miners have tumbled in the face of rising electricity costs and a cryptocurrenc…
George Glover
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…
3 mins read
At-home bitcoin miners are getting crushed by the crypto sell-off and energy inflation. Here's how they're cutting costs.
Fans who mine bitcoin at home have seen profits fall as prices crash and energy costs surge in a to…
George Glover
2 mins read
Crypto miners used the same amount of electricity as all of Australia last year
In the US alone, crypto mining uses 0.6% to 2.3% of the country's electricity demand — as much as e…
Aruni Soni
2 mins read
The era of US dollar dominance is 'finished,' says Wall Street veteran who just retired after 54 years
Dick Bove, who retired this month after more than half a century as an analyst, said the dollar's p…
Theron Mohamed
2 mins read
Crypto mining in Texas could be costing energy customers an extra $69 per year on their electrical bills
Since China banned crypto mining in 2021, a number of operations have moved to Texas, requiring an …