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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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2 mins read

Crypto miners are pulling in more money than ever as bitcoin shatters records

Crypto mining revenue hit $78 million a day on Monday, a new all-time high for the industry, accord…

Filip De Mott   


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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   


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3 mins read

How Trump flipped from bitcoin skeptic to 'crypto president'

Donald Trump once said bitcoin is based on "thin air." Now, he wants to make the US the industry's …

Filip De Mott   


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6 mins read

Bitcoin’s bizarre hike renewed enthusiasm last quarter! What does the future hold for investors?

In the ever-evolving landscape of finance, few phenomena have captured the imagination and attentio…

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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   


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5 mins read

Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies

Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…

Business Insider Latest Story Image
1 min read

Bitcoin could see a wave of forced selling as miners face the reality of lower rewards post-halving, research firm says

"If miners were forced to sell even a fraction of their holdings over the coming month this would h…

Filip De Mott   


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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   


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5 mins read

Bitcoin's all-time high reveals the true nature of crypto

Investors are stuck in a perpetual boom-and-bust cycle where they put money into bitcoin every few …

Emily Stewart   


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3 mins read

White Rock Management is taking a sustainable approach to crypto mining in its US expansion as the sector faces increased scrutiny from regulators

White Rock Management, a Swiss company, plans to expand its clean energy crypto-mining operations t…

Asia Martin   


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1 min read

The crypto market is worth $2 trillion for the first time in nearly 2 years

Bitcoin climbed above $51,600 on Wednesday while ether also rallied to help push the total crypto m…

Phil Rosen   


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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   


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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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2 mins read

Bitcoin mining profitability poised for surge as spot ETFs gain approval

According to S&P Global Commodity Insights, the long-awaited decision has created a ripple effect i…

ANI   


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2 mins read

Why crypto is surging back to all-time highs and shrugging off high interest rates

Bitcoin suffered during the Fed's tightening cycle but is rallying again as a supply-demand imbalan…

Phil Rosen   


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1 min read

An early Santa Claus rally has come for crypto

Bitcoin cleared $44,000 for the first time since April 2022 and dogecoin touched its highest price …

Phil Rosen   


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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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2 mins read

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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2 mins read

El Salvador's millennial crypto-loving president says the country's bitcoin holdings are up more than 40%

Nayib Bukele said if El Salvador sold all of the bitcoin in its coffers today, it would bank roughl…

Phil Rosen