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You Searched For "cryptocurrency energy" and got 20 results


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3 mins read

3 bitcoin-mining experts explain why concerns around the cryptocurrency's massive energy consumption are overblown

Bitcoin's rally has reignited fears that mining the coin is harmful to the environment. Crypto expe…

Emily Graffeo   


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3 mins read

Meet the company mining bitcoin using the flare gas from oil drilling - and drawing investment from Coinbase and the Winklevii

Crusoe Energy's technology can dramatically cut emissions from gas flaring at oil patches - all whi…

Harry Robertson   


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2 mins read

A single bitcoin transaction creates as much waste as throwing out two iPhones, economists find

Bitcoin doesn't just use huge amounts of energy, the mining process also creates vast quantities of…

Harry Robertson   


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1 min read

China's crypto crackdown expands as a northern province announces new restrictions on mining and trading in cooperation with Beijing

"Cryptocurrency mining consumes an enormous amount of energy, which is against China's 'carbon neut…

Carla Mozée   


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2 mins read

Bitcoin mining consumes 0.5% of all electricity used globally and 7 times Google's total usage, new report says

As bitcoin mining becomes more popular and competitive, it's consuming more and more energy across …

Eugene Kim   


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1 min read

China catches hundreds of banned crypto miners stealing electricity amid energy crisis

Banned crypto miners reportedly siphoned electricity from public agencies and universities during a…

Carla Mozée   


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2 mins read

Elon Musk says bitcoin can shake off its bad climate reputation if top miners prove they're using green energy

The billionaire was responding to Ark Invest's director of research, Brett Winton, about how bitcoi…

Shalini Nagarajan   


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3 mins read

Bitcoin mining can be a 'bridge' to a renewable energy future by supporting green projects, a leading North American miner says

Bitcoin miners are looking for the cheapest energy, and that's now renewable, the head of Grayscale…

Harry Robertson   


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2 mins read

Bitcoin is speculative, bad for the planet, and often used for crime, the Bank for International Settlements says

The central bank for central banks slammed bitcoin, saying it "has few redeeming public interest at…

Harry Robertson   


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2 mins read

Bitcoin's energy consumption has jumped 80% since the beginning of 2020, according to a study from Cambridge

Bitcoin now consumes 128 terawatts of energy annually, according to Cambridge estimates, representi…

Will Daniel   


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2 mins read

Bitcoin surges above $40,000 after Elon Musk says Tesla will resume crypto payments when mining is cleaner

Musk said Tesla will restart bitcoin payments when miners can prove about 50% clean energy usage, w…

Shalini Nagarajan   


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2 mins read

Elizabeth Warren calls for a crackdown on 'environmentally wasteful cryptocurrencies' to fight the climate crisis

Elizabeth Warren said it's time to crack down on environmentally wasteful cryptocurrencies like bit…

Will Daniel   


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3 mins read

XRP delisted on more platforms following SEC's Ripple complaint

Crypto exchanges like Crypto.com, Coinbase, and OKCoin said they were suspending trading of the tok…

Emily Graffeo   


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2 mins read

An EV company is planning a crypto-mining car that will dig for bitcoin and dogecoin while parked

Move over, Tesla, a Canadian light-electric-vehicle maker is positioning itself as the new car comp…

Harry Robertson   


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1 min read

Russia is mulling energy tariffs for crypto mining amid a wave of migration following China's ban, report says

"We can't let miners capitalize on the situation at the expense of low residential electricity tari…

Isabelle Lee   


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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…

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3 mins read

Here's how Ethereum 2.0 promises to be green, scalable, and far more efficient

The new process is far more energy-efficient since the complexity of the cryptographic work …

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3 mins read

Bitcoin adoption was picking up pace. Elon Musk slamming its 'insane' energy use may have stopped that.

Companies were increasingly adopting bitcoin. But things could change after Elon Musk harshly criti…

Harry Robertson   


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Elon Musk is right. Bitcoin could erase Tesla's strides toward a carbon-free future

Tesla suspended vehicle purchases made using bitcoin just three months after introducing it and it …

Grace Kay   


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2 mins read

Bitcoin is failing as digital gold due to its massive energy use and competition from ether, Goldman Sachs says

Goldman said bitcoin's problems make it vulnerable to "losing store-of-value demand to another, bet…

Harry Robertson