You Searched For "bitcoin mining council" and got 20 results
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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
2 mins read
The biggest bitcoin miner in Texas is shutting down ahead of blast of winter weather in the state
Riot Blockchain initiated shutting down its Whinstone facility Tuesday and will remain powered down…
Isabelle Lee
1 min read
The global computing power of the bitcoin network slides after Kazakhstan shuts down the internet amid violent protests
Hours after Kazakhstan's internet went down, bitcoin's hash rate dropped 12%, Larry Cermak of The B…
Isabelle Lee
2 mins read
The Bitcoin Mining Council kicks off with MicroStrategy's boss at the helm - but Elon Musk isn't part of the group
The BMC wants to educate the public about bitcoin mining and has called on miners to share their en…
Shalini Nagarajan
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 Council has finally made its debut, confirms that Elon Musk would have no role in the organisation
The creation of the BMC is a result of environmental concerns of cryptocurrency and its excessiv…
1 min read
Elon Musk and Bitcoin miners come together to address the cryptocurrency's energy usage concerns
After giving a massive jolt to the cryptocurrency fans, Tesla CEO Elon Musk has now come forward to…
3 mins read
Crypto mining continues to grow despite multiple crackdowns
Crypto mining hashrates have touched all time highs in the past few months, despite concerns around…
1 min read
'Act like you're dead': What Anthony Scaramucci tells clients nervous about bitcoin's big swings
The SkyBridge Capital founder told conference attendees that dead investors do better than the livi…
Phil Rosen
2 mins read
Environmental impact of Bitcoin mining has gotten worse since China’s ban, according to a new study
Bitcoin industry groups have often claimed that green mining is gaining prominence. However, a new …
2 mins read
Bankrupt crypto lender Celsius owes users $4.7 billion, court document reveals
Celsius Networks, a US-based crypto lender, which filed for bankruptcy protection on July 14, owes…
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
1 min read
Bitcoin tumbles 11% after China reiterates call for a mining and trading crackdown
China reportedly said it will act "resolutely" to prevent what it considers social risks stemming f…
Carla Mozée
3 mins read
Bitcoin’s hash rate drops to a six-month low after China shuts nearly 90% of its bitcoin mining
In simpler words, hash rate is a measure of the computational power per second u…
2 mins read
Bitcoin tumbled to 4-month low after crypto miners halted operations in China
Bitcoin fell below $32,000 for the first time since January as crypto miners halted operations in C…
Sophie Kiderlin
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
3 mins read
Elon Musk is ready to accept Bitcoin for Tesla cars provided that renewable energy used for mining is 50% or higher
“I would want to do a little bit more due diligence to confirm that the percentage of renewable …
1 min read
Elon Musk met with Bitcoin miners to discuss making the cryptocurrency more environmentally friendly
Musk attended a discussion hosted by MicroStrategy's CEO on establishing standards for the industry…
Dominick Reuter
2 mins read
Bitcoin's spike drives rebound in hard-hit crypto mining stocks
Crypto mining stocks Riot Blockchain, Marathon Patent Group, Bit Digital were all up double digits …
Will Daniel
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 …