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2 mins read
A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors
A rise in cryptocurrency-mining facilities in Texas and other states has come under scrutiny for th…
Kiera Fields
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
2 mins read
US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports
Microsoft relayed concerns to the US government that a Cheyenne, Wyoming, Bitcoin mining operation …
Hannah Getahun
2 mins read
Russia's central bank is calling for a sweeping ban on crypto activity from mining to trading
The bank proposed three amendments to existing rules, which include a ban on the trading and mining…
Isabelle Lee
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
European Union votes against banning Bitcoin-like cryptos that use proof-of-work method
A proposal to ban mining and transactions of energy-intensive cryptocurrencies like Bitcoin, Ethere…
2 mins read
Cryptocurrencies tumble as China continues its crackdown against mining
The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…
2 mins read
A New York power plant that mines bitcoin faces big test in governor's office
Greenidge Generation in the third quarter of 2020 said it mined 729 bitcoins and had approximately …
Isabelle Lee
2 mins read
Environmental impact of Bitcoin mining has gotten worse since China’s ban, according to a new study
Bitcoin industry groups have often claimed that green mining is gaining prominence. However, a new …
2 mins read
Legendary investor Charlie Munger says crypto is a terrible bet, and the US should ban it entirely
Warren Buffett's 99-year-old business partner called out the wild speculation, dearth of regulation…
Theron Mohamed
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
1 min read
Crypto miner Riot Blockchain has tripled its bitcoin production in a year - and is sitting on more than $190 million in coins
Crypto miner Riot Blockchain said on Wednesday it had mined 346% more bitcoin in September this yea…
Camomile Shumba
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
2 mins read
China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown
A surge in covert mining operations post-ban means China is now the world's second-largest location…
Hamza Fareed Malik
2 mins read
“Wolf of All Streets” crypto trader Scott Melker says his Russian mining rigs got sanctioned — and now he knows how it feels
Compass Mining cut ties with Russian crypto miner BitRiver after the US sanctioned the company and …
Hamza Fareed Malik
4 mins read
Crypto’s ‘great mining migration’ has Chinese miners looking at Texas
What sets the southern US state apart is that its politicians are pro-crypto, which could he…
1 min read
Marathon Digital and other crypto-linked stocks drop after China declares cryptocurrency transactions illegal
China says bitcoin and ether cannot be used as currency in the world's second-largest economy, send…
Carla Mozée
3 mins read
Crypto could give Russia several ways to sidestep sanctions — and bitcoin mining powered by embargo-hit energy is just one, the IMF says
Laws and regulations for foreign exchange should be amended if needed to cover crypto alongside tra…
Hamza Fareed Malik
2 mins read
A 'seismic shift' in Chinese crypto mining is underway and bitcoin could slide further as a result: Glassnode
Bitcoin's price could slide further as China's crypto crackdown pushes miners out of the market, sl…
Sophie Kiderlin
3 mins read
China's crackdown on crypto slashed competition for North American bitcoin miners - and earnings are soaring to record highs as a result
Earnings reveal that non-Chinese mining firms produced more bitcoin in the second quarter amid Chin…