You Searched For "crypto electricity" and got 18 results
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2 mins read
An Airbnb host had to ban crypto mining after guests racked up a $1,500 electric bill
Airbnb host Ashley Class got a shockingly high utility bill, then looked back at footage that captu…
Dan Latu
2 mins read
Trump Media, Tesla, and crypto stocks surge as Trump wins — and clean energy companies tumble
Shares of Trump's social media company, Elon Musk's Tesla, and both Coinbase and MicroStrategy jump…
Theron Mohamed
2 mins read
5 energy stocks that will get a boost from ballooning electric demand
BofA says that after multiple decades of stagnant electricity demand, the US is seeing a surge due …
Filip De Mott
2 mins read
ED undertakes first-ever searches in Ladakh in crypto fraud case
The money laundering case stems from a March 2020 FIR registered in Leh and some other complai…
PTI
2 mins read
Crypto miners used the same amount of electricity as all of Australia last year
In the US alone, crypto mining uses 0.6% to 2.3% of the country's electricity demand — as much as e…
Aruni Soni
2 mins read
Crypto and AI will drive exorbitant energy use after decades of flat demand, analyst says
Data centers are expected to drive a surge in electricity demand growth, tripling their power consu…
Aruni Soni
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
3 mins read
At-home bitcoin miners are getting crushed by the crypto sell-off and energy inflation. Here's how they're cutting costs.
Fans who mine bitcoin at home have seen profits fall as prices crash and energy costs surge in a to…
George Glover
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
2 mins read
Bitcoin's halving could force miners to risk operating in cheaper locations with less reliable electrical grids
The CEO of crypto miner Core Scientific anticipates the bitcoin halving to change the mining landsc…
Phil Rosen
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…
1 min read
Authorities seek arrest of man who allegedly mined crypto under a high school and stole $18,000 of electricity
In December 2021, a town found a secret crypto mining operation underneath a Massachusetts high sch…
Jennifer Sor
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
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
1 min read
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
4 mins read
Cryptocurrency miners are taking a toll on power grids worldwide — Russia and Belarus join other countries look to separate them from other power users
Chinese miners, on the other hand, have since found new homes — transferring the burden of ele…
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
2 mins read
Any action on crypto assets will have to be global: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said that there was a greater acceptance among G20 members that…