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A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors

A rise in cryptocurrency-mining facilities in Texas and other states has come under scrutiny for th…

Kiera Fields   


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Russia's bitcoin-mining industry is booming through war and sanctions

There's more bitcoin mining equipment flowing into Russia than anywhere else in the world as sancti…

Phil Rosen   


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Bitcoin and gold are both on fire right now — but for very different reasons

The leading cryptocurrency and the precious metal are both on winning streaks, but analysts say the…

George Glover   


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China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown

A surge in covert mining operations post-ban means China is now the world's second-largest location…

Hamza Fareed Malik   


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Bitcoin mining: Despite the crackdown, China is back as the second-largest miner

China’s commitment to preventing Bitcoin miners from running operations in the country seems to be …

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US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports

Microsoft relayed concerns to the US government that a Cheyenne, Wyoming, Bitcoin mining operation …

Hannah Getahun   


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Campaigners call for bitcoin miners to drop 'proof of work' to reduce their excessive use of energy

Greenpeace and other climate groups hope to tackle the excessive energy use in bitcoin mining by en…

Adam Morgan McCarthy   


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Cryptocurrencies tumble as China continues its crackdown against mining

The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…

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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…

Carla Mozée   


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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 …

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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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Russia is mulling energy tariffs for crypto mining amid a wave of migration following China's ban, report says

"We can't let miners capitalize on the situation at the expense of low residential electricity tari…

Isabelle Lee   


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A New York power plant that mines bitcoin faces big test in governor's office

Greenidge Generation in the third quarter of 2020 said it mined 729 bitcoins and had approximately …

Isabelle Lee   


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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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Marathon Digital and other crypto-linked stocks drop after China declares cryptocurrency transactions illegal

China says bitcoin and ether cannot be used as currency in the world's second-largest economy, send…

Carla Mozée   


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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   


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Why China's crypto crackdown is creating 'tremendous' opportunities for miners in other countries, according to industry execs

The ban on mining operations in China has actually helped bitcoin move towards its goal of becoming…

Emily Graffeo   


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China banned all crypto transactions on Friday, but experts say the move was mostly priced in for bitcoin

"The reaction is significantly smaller than previous bans as the market has already priced in the r…

Isabelle Lee   


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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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Alibaba will block sales of crypto mining equipment beginning October 8 to comply with China's clampdown

Alibaba will also prohibit the sale of cryptocurrencies themselves and ban any tutorials, strategie…

Isabelle Lee