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You Searched For "crypto mining impact" and got 18 results


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5 mins read

Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies

Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…

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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   


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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   


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1 min read

Mozilla halts cryptocurrency donations after climate impact backlash

Cryptocurrency mining has come under intense scrutiny for its climate impact globally. "Start…

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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 …

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1 min read

Sam Bankman-Fried defends bitcoin's energy use in response to Elizabeth Warren's concerns over environmental impact

Bankman-Fried suggested bitcoin's economic impact justifies its energy use, and noted several devel…

Emily Graffeo   


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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   


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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   


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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…

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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   


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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   


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3 mins read

Bitcoin miners may push Kazakhstan towards nuclear power despite its uneasy history

The country’s share in the global crypto mining hash rates have grown four folds over the past year…

Natasha Dailey   


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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   


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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…

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1 min read

The president of Belarus reportedly wants his government to mine crypto using spare power infrastructure

Alexander Lukashenko said his country has enough energy resources to power cryptocurrency mining, a…

Isabelle Lee   


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2 mins read

A bill in New York aims to halt bitcoin mining for 3 years until its environmental impact can be assessed

The bill will specifically look into the greenhouse gas emissions caused by bitcoin mining, includi…

Isabelle Lee   


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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