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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…
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
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
Mozilla halts cryptocurrency donations after climate impact backlash
Cryptocurrency mining has come under intense scrutiny for its climate impact globally. "Start…
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 …
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
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
“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
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…
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
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
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…
A pair of 34-year-old former Credit Suisse traders turned crypto whales say they're beating bitcoin by owning ether - and downplay the energy-use concerns of mining and Elon Musk's impact
The two started a firm focused exclusively on cryptocurrencies, and they say their largest holding …
Natasha Dailey
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
Cryptocurrencies tumble as China continues its crackdown against mining
The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…
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
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
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…