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


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3 mins read

3 bitcoin-mining experts explain why concerns around the cryptocurrency's massive energy consumption are overblown

Bitcoin's rally has reignited fears that mining the coin is harmful to the environment. Crypto expe…

Emily Graffeo   


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2 mins read

An EV company is planning a crypto-mining car that will dig for bitcoin and dogecoin while parked

Move over, Tesla, a Canadian light-electric-vehicle maker is positioning itself as the new car comp…

Harry Robertson   


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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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1 min read

Emily Graffeo   


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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   


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2 mins read

Harry Robertson   


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2 mins read

Iran has shut down nearly 7,000 illegal crypto mining operations as it looks to solve its energy crisis

Iran has shut down nearly 7,000 illegal crypto mining operations since the crackdown began in 2020.…

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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…

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1 min read

Vitalik Buterin says Ethereum's merge slashes global energy consumption by 0.2%, making it one of the biggest decarbonization events ever

A report from the Crypto Carbon Ratings Institute found that the merge dramatically reduced Ethereu…

Phil Rosen   


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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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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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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

Bitcoin mining consumes 0.5% of all electricity used globally and 7 times Google's total usage, new report says

As bitcoin mining becomes more popular and competitive, it's consuming more and more energy across …

Eugene Kim   


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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

Sam Bankman-Fried defends bitcoin's energy use in response to Elizabeth Warren's concerns over environmental impact

Bankman-Fried suggested bitcoin's economic impact justifies its energy use, and noted several devel…

Emily Graffeo   


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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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1 min read

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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1 min read

Elon Musk’s Tesla may be ready for a second innings in cryptocurrency payments

The electric car company owned by billionaire Elon Musk, Tesla, is mulling over possibly accepting …

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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