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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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4 mins read

China’s Bitcoin miners are looking at US, Kazakhstan, Canada, and Europe amid the exodus — but not every option fits the bill

The movement is underway right now, and while it means the end of Bitcoin in China, it also mean…

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The US has sanctioned crypto-mining firm Bitriver to prevent Russia from bypassing energy export bans

The US Treasury said that Russia's advantage in energy resources and having a cold climate make its…

Weilun Soon   


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3 mins read

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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World’s largest Bitcoin mining rig seller isn’t taking any new orders for foreseeable future

The Chinese company is the largest Bitcoin mining rig maker in the world, and has stopped spot d…

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Biden reportedly is set to nominate a law professor critical of crypto and big banks to run the OCC

Omarova previously served under President George W. Bush's administration as a special adviser for …

Carla Mozée   


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1 min read

CRYPTO INSIDER: Everything is getting smoked

Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news yo…

Graham Rapier   


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Crypto exchange Coinbase cut ties with mercenaries who sold spyware to the FBI, Saudi Arabia and Sudan

"While we looked hard at the technology and security of the Neutrino product, we did not properly e…

Trista Kelley   


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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   


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1 min read

New research says bitcoin mining is sucking up more and more water, with use increasing 278% since 2020

"The total water footprint of US Bitcoin miners could be equivalent to the average annual water con…

Filip De Mott   


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4 mins read

Sam Bankman-Fried's lieutenant Nishad Singh said he was embarrassed by 'flashy' FTX spending

When Nishad Singh disagreed with Sam Bankman-Fried about extravagant expenses, Singh was told he co…

Jacob Shamsian,Katie Balevic   


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3 mins read

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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3 mins read

10 things before the opening bell

Political unrest abroad is shaking global markets, a man goes to jail after buying Tesla stock with…

Phil Rosen   


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2 mins read

A new spyware 'Hermit' is targeting high-profile Android users, warns Google

The tech giant has warned all Android victims and implemented changes in Google Play Protect. …

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4 mins read

Bitcoin’s hash rate has dropped by 40% in one month — here’s what that means and why most investors aren’t worried

Simply put, a drop in the hash rate means chances of landing on the correct hash to earn Bitco…

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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…

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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 …

Mia Jankowicz