You Searched For "bitcoin energy" and got 20 results
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Exxon is trying out a program that will use leftover natural gas to power bitcoin mining
The largest US oil producer began a pilot program in January 2021 that uses excess natural gas to p…
Phil Rosen
Russian lawmaker proposes accepting bitcoin for its oil and gas exports from 'friendly' countries like China and Turkey
Russia's head of the energy committee said the national currency of friendly buyer countries &mdash…
Shalini Nagarajan
US crypto mining poses a supply risk to public power utilities, according to Fitch Ratings
Crypto mining could pose power supply issues for public power utilities in the US if not mitigated,…
Hamza Fareed Malik
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
Bitcoin's latest sell-off is a good entry point for investors ahead of halving, JPMorgan says
The quadrennial bitcoin halving will take place in the coming days, and will reduce the amount of b…
Yuheng Zhan
Bitcoin's record-high price means its energy use is soaring again - just as the world tries to tackle climate change at COP26
A higher bitcoin price means more people want to "mine" it - and that means more computers guzzling…
Harry Robertson
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
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
A bitcoin miner was jailed in England for stealing $44,000 of electricity to run his operation
A 40-year-old man reportedly stole electricity from a nightclub and an industrial site in England t…
Carla Mozée
Cryptocurrency mining is causing power shutdowns in Kazakhstan, and China may be to blame
The electricity demand in the country has increased by eight percent so far this year as compare…
Crypto could give Russia several ways to sidestep sanctions — and bitcoin mining powered by embargo-hit energy is just one, the IMF says
Laws and regulations for foreign exchange should be amended if needed to cover crypto alongside tra…
Hamza Fareed Malik
Bitcoin miners may push Kazakhstan towards nuclear power despite its uneasy history
The country’s share in the global crypto mining hash rates have grown four folds over the past year…
Bitcoin mining firm Bitfury is reportedly planning to go public in what would be Europe's biggest crypto IPO
Bitfury was seeking advice from Deloitte to review its readiness to go public, The Telegraph report…
Isabelle Lee
Bitcoin mining isn't just consuming energy, it's also generating 272 grams of e-waste with every transaction
The study indicated that Bitcoin could produce as much as 64.4 metric kilotons of e-waste, ove…
El Salvador President Nayib Bukele's latest bitcoin purchase channels meme energy with magic number
In a series of tweets — all pointing to the number 21 — President Nayib Bukele documented the count…
Natasha Dailey
El Salvador passes law for bitcoin-backed 'volcano bonds' and eyes expanding to other cryptocurrencies
The bond issuance was originally planned for early 2022, and El Salvador seeks to raise $1 billion …
Brian Evans
Elon Musk’s Tesla may be ready for a second innings in cryptocurrency payments
The electric car company owned by billionaire Elon Musk, Tesla, is mulling over possibly accepting …
US stocks climb as investors look to continue momentum after best trading week of the year
Markets are looking for a new catalyst to drive fresh gains after a big week. Morgan Stanley and JP…
Phil Rosen
A single bitcoin transaction creates as much waste as throwing out two iPhones, economists find
Bitcoin doesn't just use huge amounts of energy, the mining process also creates vast quantities of…
Harry Robertson
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…