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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
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
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
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
Texas' power-grid operator is asking crypto miners to power down as the state's electricity system grapples with sky-high temperatures
Texas' power-grid operator, ERCOT, is paying businesses that eat up a lot of energy to shut down &m…
Katie Canales
1 min read
Almost all large-scale bitcoin miners in Texas pause activity as state braces for possible rolling blackouts
Bitcoin miners were already under pressure from cratering crypto prices. Now, a heat wave is pushin…
Brian Evans
4 mins read
Illegal mining for cryptocurrencies remains rampant as miners look to maximise profits with cheap electricity
Regular mining and mining for cryptocurrencies may not be the same thing, but they do have somethin…
4 mins read
Crypto’s ‘great mining migration’ has Chinese miners looking at Texas
What sets the southern US state apart is that its politicians are pro-crypto, which could he…
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
The biggest bitcoin miner in Texas is shutting down ahead of blast of winter weather in the state
Riot Blockchain initiated shutting down its Whinstone facility Tuesday and will remain powered down…
Isabelle Lee
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
2 siblings, ages 14 and 9, say they make more than $30,000 a month mining bitcoin, ether, and ravencoin
Ishaan and Aanya Thakur mine bitcoin, ether, and ravencoin from their home and a rented-out data ce…
Anna Cooban
1 min read
Bitcoin mining is getting easier after China's crypto crackdown wiped out network capacity
The clear culprit is China, where the government's anti-crypto stance has forced mining operations …
Ethan Wu
1 min read
Elon Musk met with Bitcoin miners to discuss making the cryptocurrency more environmentally friendly
Musk attended a discussion hosted by MicroStrategy's CEO on establishing standards for the industry…
Dominick Reuter
2 mins read
NYC is getting its own city coin in line with the incoming mayor's crypto hub vision
The launch of NYCCoin follows MiamiCoin, which to date has earned more than $21.3 million since its…
Isabelle Lee
2 mins read
Resist the FOMO. An asset manager has created an ETF for 'genuine investments' that shuns market crazes like crypto and meme stocks.
"It enables us to have a very high degree of confidence in the future," said Guy Davis, managing di…
Natasha Dailey
3 mins read
Even as Latin America embraces Bitcoin, Southeast Asia is clamping down on cryptocurrencies
Cryptocurrencies are designed to be borderless. But while technology and technologists may want to …
4 mins read
China’s Bitcoin miners are looking at US, Kazakhstan, Canada, and Europe amid the exodus — but not every option fits the bill
The movement is underway right now, and while it means the end of Bitcoin in China, it also mean…
3 mins read
US stocks trade mixed as investors struggle to recoup losses from tech-led rout
"Investors just want to fast forward past the debt ceiling drama and focus on the global economic r…
Isabelle Lee
2 mins read
US stocks erase early gains, close lower as inflation data spurs questions about the Fed's next move
US stocks erased earlier gains Tuesday even after key inflation data revealed prices rose less than…