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You Searched For "bitcoin energy consumption" and got 20 results


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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   


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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

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   


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2 mins read

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   


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3 mins read

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   


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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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2 mins read

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…

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2 mins read

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…

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2 mins read

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   


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3 mins read

Meet the company mining bitcoin using the flare gas from oil drilling - and drawing investment from Coinbase and the Winklevii

Crusoe Energy's technology can dramatically cut emissions from gas flaring at oil patches - all whi…

Harry Robertson   


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3 mins read

The US has been sweeping up shares of the bitcoin hashrate as miners exit China

New data from the Cambridge Centre for Alternative Finance puts empirical evidence behind the ongoi…

Emily Graffeo   


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2 mins read

NY Senate approves lighter version of bill targeting emissions from bitcoin mining operations in the state

The bill is a watered-down version of an earlier one, that originally aimed to halt bitcoin mining …

Isabelle Lee   


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1 min read

Elon Musk hits back at Kraken CEO's claim that bitcoin is greener than people say - renewing his criticism of the cryptocurrency

The Tesla boss was unimpressed by Kraken CEO Jesse Powell's claim that bitcoin is greener than peop…

Harry Robertson   


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2 mins read

A massive cannabis farm raided by UK police turned out to be a bitcoin mine

"It's certainly not what we were expecting," police said. "It had all the hallmarks of a cannabis c…

Isabelle Lee   


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2 mins read

Elon Musk says bitcoin can shake off its bad climate reputation if top miners prove they're using green energy

The billionaire was responding to Ark Invest's director of research, Brett Winton, about how bitcoi…

Shalini Nagarajan   


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2 mins read

Bitcoin is speculative, bad for the planet, and often used for crime, the Bank for International Settlements says

The central bank for central banks slammed bitcoin, saying it "has few redeeming public interest at…

Harry Robertson   


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2 mins read

Elizabeth Warren calls for a crackdown on 'environmentally wasteful cryptocurrencies' to fight the climate crisis

Elizabeth Warren said it's time to crack down on environmentally wasteful cryptocurrencies like bit…

Will Daniel   


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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   


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3 mins read

Bitcoin adoption was picking up pace. Elon Musk slamming its 'insane' energy use may have stopped that.

Companies were increasingly adopting bitcoin. But things could change after Elon Musk harshly criti…

Harry Robertson   


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2 mins read

Harry Robertson