You Searched For "crypto mining electricity" and got 17 results
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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
2 mins read
Residents in rural Texas are suing their noisy neighbor: a humming bitcoin mining facility
Residents want a permanent injunction, alleging the bitcoin mining facility's loud hum and vibratio…
Geoff Weiss
2 mins read
5 energy stocks that will get a boost from ballooning electric demand
BofA says that after multiple decades of stagnant electricity demand, the US is seeing a surge due …
Filip De Mott
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
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
3 mins read
At-home bitcoin miners are getting crushed by the crypto sell-off and energy inflation. Here's how they're cutting costs.
Fans who mine bitcoin at home have seen profits fall as prices crash and energy costs surge in a to…
George Glover
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…
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
2 mins read
US crypto mining poses a supply risk to public power utilities, according to Fitch Ratings
Crypto mining could pose power supply issues for public power utilities in the US if not mitigated,…
Hamza Fareed Malik
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
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
Authorities seek arrest of man who allegedly mined crypto under a high school and stole $18,000 of electricity
In December 2021, a town found a secret crypto mining operation underneath a Massachusetts high sch…
Jennifer Sor
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
4 mins read
Cryptocurrency miners are taking a toll on power grids worldwide — Russia and Belarus join other countries look to separate them from other power users
Chinese miners, on the other hand, have since found new homes — transferring the burden of ele…
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
1 min read
Iran bans crypto mining for the summer ahead of peak electricity demand
The ban is effective immediately until September 22, Bloomberg reported. Around 85% of crypto minin…
Isabelle Lee
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…