You Searched For "crypto mining electricitycrypto ban" and got 20 results
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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
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
2 mins read
China banned all crypto transactions on Friday, but experts say the move was mostly priced in for bitcoin
"The reaction is significantly smaller than previous bans as the market has already priced in the r…
Isabelle Lee
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
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…
Emily Graffeo
2 mins read
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
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
1 min read
Alibaba will block sales of crypto mining equipment beginning October 8 to comply with China's clampdown
Alibaba will also prohibit the sale of cryptocurrencies themselves and ban any tutorials, strategie…
Isabelle Lee
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
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
1 min read
Proof-of-work crypto mining should be banned in the EU, says European markets regulator
"We need to have a discussion about shifting the industry to a more efficient technology," Erik The…
Phil Rosen
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
29-year old crypto billionaire Sam Bankman-Fried says FTX US is set to expand after fresh funding round
"When you look at FTX US, there's an enormous amount of potential growth," Bankman-Fried told CoinD…
Isabelle Lee
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
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
2 mins read
China crypto crackdown is far from over — it wants to add Bitcoin mining to the list of ‘eliminated’ industries and over 20 companies have already moved out
The statement issued by Chinese authorities stops one step short of calling cryptocu…
3 mins read
Cryptocurrencies are being battered by new restrictions in China. Here are 5 visuals illustrating the country's crypto crackdown.
Many observers have been focused on China's toughening stance on bitcoin, but the broader cryptocur…
Ethan Wu
2 mins read
Cathie Wood doubles down on defense of bitcoin as environmentally conscious, and says there is 'nothing better' in terms of ESG
"Bitcoin mining will probably become part of utility ecosystems, and will proliferate renewables fa…
Isabelle Lee
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 massive cannabis farm raided by UK police turned out to be a bitcoin mine
"It's certainly not what we were expecting," police said. "It had all the hallmarks of a cannabis c…