You Searched For "crypto power outage" and got 16 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…
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
Elon Musk wants US regulators to just let cryptocurrencies fly - saying the assets aren't the 'second coming of the Messiah'
"It is not possible to, I think, destroy crypto, but it is possible for governments to slow down it…
Shalini Nagarajan
3 mins read
Bitcoin miners in Iran get the green light to resume operations after a four month hiatus — but it could just be temporary
However, the future remains uncertain of these miners being able to stay online with the ons…
2 mins read
North America has become the world's biggest ransomware target as DeFi and crypto use expands, study shows
From July 2020 to June 2021, most of the crypto-based attacks were associated with Russia-based cyb…
Isabelle Lee
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
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
2 mins read
Bitcoin rises above $57,000 after a weekend washout stripped 17% off its price in its biggest drop since February
Its weekend crash followed a frenzy over Coinbase's direct listing and expectations of tighter regu…
Shalini Nagarajan
3 mins read
Here's why the unrest in Kazakhstan is wreaking havoc on crypto and commodity markets
Bitcoin mining is largely dependent on internet access, so when Kazakhstan shut it down, a large sw…
Isabelle Lee
1 min read
Delta says it lost up to $50 million because of the Atlanta airport power outage
Delta's recovery time was much faster than for previous disruptions. In April, Delta lost $125 mill…
Mark Matousek
3 mins read
Cryptocurrency liquidations hit record $10 billion amid US crackdown rumours and power blackouts in China
The total market capitalisation of cryptocurrencies – including Bitcoin – fell by a staggering $…
4 mins read
A single Bitcoin transaction has a bigger carbon footprint than 100,000 hours of YouTube videos — here’s how the crypto industry wants to fix that
And, Bitcoin’s carbon footprint — the amount of greenhouse gases generated by mining for the…
8 mins read
Bitcoin miners got kicked out of China. Now they're sucking America dry.
Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive a…
Taylor Dorrell
2 mins read
Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off
The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…
Filip De Mott
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
3 mins read
10 things in tech you need to know today
We have more details on the massive AWS outage, and Elon Musk sold his last remaining home: 10 thin…