You Searched For "crypto mining energy use" 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
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
1 min read
Bitcoin's mysterious inventor Satoshi Nakamoto predicted crypto's contentious future and energy use, 2009 email shows
In newly released emails, the mystery inventor said bitcoin may require high energy use but would s…
Phil Rosen
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
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
2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
8 mins read
The Black Sea has a deadly naval mine problem that will long outlast the Ukraine war
An untold number of mines have been laid in the Black Sea during Russia's invasion of Ukraine, and …
Mia Jankowicz
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
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
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
1 min read
Exxon is trying out a program that will use leftover natural gas to power bitcoin mining
The largest US oil producer began a pilot program in January 2021 that uses excess natural gas to p…
Phil Rosen
1 min read
Bitcoin tests $70k after Trump says US will be 'crypto capital of the planet'
At a bitcoin conference over the weekend, Trump pledged to make the US a "bitcoin superpower" if el…
Kelly Cloonan
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
1 min read
Rolls-Royce is in talks to use its compact nuclear reactors to power data centers and space missions
Rolls-Royce has been working on the micronuclear reactor technology for over three years, first col…
Beatrice Nolan
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
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…