You Searched For "crypto mining impact" and got 20 results
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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…
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
Crypto just lost 3 of its most important banking partners in a week. Here's what experts say the impact will be on the industry.
Insider asked crypto execs and various experts where the industry will go after a slew of critical …
Morgan Chittum
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
1 min read
New research says bitcoin mining is sucking up more and more water, with use increasing 278% since 2020
"The total water footprint of US Bitcoin miners could be equivalent to the average annual water con…
Filip De Mott
2 mins read
Valkyrie's bitcoin miners ETF starts trading on the Nasdaq with the ticker symbol WGMI
At least 80% of the ETF's assets will be companies with at least half their profits or revenue from…
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
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
3 mins read
Jack Dorsey says Square is looking to build bitcoin mining hardware for the masses
The digital payments company is weighing up whether to create a simple-to-use bitcoin mining rig, D…
Shalini Nagarajan
3 mins read
Bitcoin mining has never been easier since China's crackdown - and miners now stand to make higher profits
The level of difficulty to mine bitcoin plunged by 28% on Saturday, according to data from BTC.com,…
Shalini Nagarajan
2 mins read
Jack Dorsey's Square is investing $5 million in building a bitcoin mine that runs on solar power
Twitter founder Jack Dorsey's financial firm Square is working with bitcoin technology company Bloc…
Sophie Kiderlin
2 mins read
China’s crypto crackdown intensifies: After Inner Mongolia, Sichuan energy regulators are probing crypto mining
Newer cryptocurrencies promise to fix this fundamental drawback of Bitcoin. But it…
1 min read
New York has passed a bill placing a moratorium on cryptocurrency mining as state lawmakers seek to address environmental concerns
The bill targets proof-of-work crypto mining operations that burn fossil fuels. The state Senate pa…
Carla Mozée
4 mins read
How to mine cryptos including bitcoin and ether: Your complete guide to the technical setups, profits, and risks involved
Crypto mining is a way to continue acquiring tokens when the market is down. We've interviewed near…
Business Insider
2 mins read
Here's why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading
"There are bigger concerns right now in crypto," Chris Vecchio of DailyFX, said, citing a hawkish F…
Isabelle Lee
2 mins read
Ethereum's climate-friendly facelift will happen in August, founder Vitalik Buterin says, spelling the end of ether mining
"The merge" will transform how ether, the Ethereum blockchain's cryptocurrency, will be created &md…
Katie Canales
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
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…
Isabelle Lee
3 mins read
Energy consumption is a constant concern in crypto mining, but more sustainable practices are emerging
The surging use of non-fungible tokens (NFTs) and cryptocurrencies calls for increased efforts to m…
Karen K. Ho
5 mins read
Cryptocurrencies have had a wild few weeks. Here's how the volatile price swings have affected investors, traders, miners, and DeFi companies.
For most of the cryptocurrency community, the recent price swing "stress test" meant nothing more t…