You Searched For "bitcoin energy consumption" and got 20 results
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2 mins read
Crypto billionaire Sam Bankman-Fried says bitcoin could switch to green energy with little fuss - and reveals SPACs are lining up to take his FTX exchange public
Sam Bankman-Fried said bitcoiners shouldn't shy away from conversations about the cryptocurrency's …
Harry Robertson
1 min read
Elon Musk's concerns about bitcoin's energy consumption are misguided, Ark Invest says
Bitcoin has fallen 32% since Musk said Tesla would no longer accept bitcoin as a form of payment du…
Matthew Fox
2 mins read
An EV company is planning a crypto-mining car that will dig for bitcoin and dogecoin while parked
Move over, Tesla, a Canadian light-electric-vehicle maker is positioning itself as the new car comp…
Harry Robertson
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 slips below $38,000 as it struggles to retrace losses despite efforts from Musk and Saylor to buoy confidence
The efforts of bitcoin bulls Elon Musk and Michael Saylor to calm nerves didn't prevent another sli…
Isabelle Lee
2 mins read
Crypto bear market has brought Bitcoin’s energy consumption to a one-year low
The crypto market’s bearish run has reduced Bitcoin’s energy consumption to 130.5TWh and lower.This…
3 mins read
Energy consumption is a constant concern in crypto mining, but more sustainable practices are emerging
The surging use of non-fungible tokens (NFTs) and cryptocurrencies calls for increased efforts to m…
Karen K. Ho
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 …
Will Gendron
2 mins read
Bitcoin mining profitability poised for surge as spot ETFs gain approval
According to S&P Global Commodity Insights, the long-awaited decision has created a ripple effect i…
ANI
1 min read
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
1 min read
A Canadian bitcoin ETF aims to offset its climate impact by planting trees to become the 1st carbon-negative investment fund
Accelerate Financial Technologies will be planting around 3,450 trees for every C$1 million investe…
Isabelle Lee
1 min read
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 …
1 min read
China's crypto crackdown expands as a northern province announces new restrictions on mining and trading in cooperation with Beijing
"Cryptocurrency mining consumes an enormous amount of energy, which is against China's 'carbon neut…
Carla Mozée
1 min read
Sam Bankman-Fried defends bitcoin's energy use in response to Elizabeth Warren's concerns over environmental impact
Bankman-Fried suggested bitcoin's economic impact justifies its energy use, and noted several devel…
Emily Graffeo
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
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’…
4 mins read
Explained: What’s the Ethereum Merge and how it can change Eth value
Explained: What’s the Ethereum merge and how it can change Eth value
2 mins read
Bitcoin must move away from its core proof-of-work technology to remain a dominant cryptocurrency, Ripple's co-founder says
Chris Larsen suggested bitcoin should surrender its core proof-of-work (PoW) technology that is use…
Shalini Nagarajan
3 mins read
Elon Musk realised that he can’t champion both renewable energy and Bitcoin at the same time — here’s why
While we are not sure what prompted this thought in Musk’s supposedly super-intelligent brain, h…