You Searched For "crypto energy consumption" and got 13 results
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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
The president of El Salvador says the country is exploring using geothermal energy from volcanoes to mine bitcoin following its decision to make the cryptocurrency legal tender
Nayim Bukele has instructed El Salvador's state-owned geothermal energy company to put up a plan to…
Will Daniel
2 mins read
Ethereum Merge has completed its long-awaited update, Buterin says
The merge moves the Ethereum blockchain to a proof-of-stake mechanism, slashing its energy usage an…
George Glover
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
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
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
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
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
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
2 mins read
Iran has issued 30 crypto mining licenses despite a ban on mining this summer due to energy shortages
In May, the Iranian government banned crypto mining due to energy shortages as the process is highl…
Sophie Kiderlin
1 min read
Bitcoin mining uses half the energy the traditional banking system does, says new research from Mike Novogratz's firm
Galaxy Digital researchers argue that the energy consumption of bitcoin is under fire due to the tr…
Isabelle Lee
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
1 min read
Google took a savage swipe at cryptocurrency in an advert for its new Pixel 3 phone
During the ad, one of the actors tells the other that his electricity bill is very high that month.…