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