You Searched For "cryptocurrency mining" and got 20 results
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1 min read
Why is actor Tamannaah Bhatia being questioned by the ED for a money laundering case?
The case is part of a broader crackdown on fraudulent online schemes and illegal betting tied to cr…
1 min read
Cryptocurrency Mining and Energy
Cryptocurrency Mining and Energy
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…
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
Cryptocurrency mining is causing power shutdowns in Kazakhstan, and China may be to blame
The electricity demand in the country has increased by eight percent so far this year as compare…
1 min read
New York has passed a bill placing a moratorium on cryptocurrency mining as state lawmakers seek to address environmental concerns
The bill targets proof-of-work crypto mining operations that burn fossil fuels. The state Senate pa…
Carla Mozée
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
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
4 mins read
Iran is bringing back cryptocurrency mining, but China shows no signs of changing its mind
Regulations around cryptocurrency saw a lot of upheaval over the past one year world over. While Ch…
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
1 min read
Ether mining revenue and transaction volume soared to record highs in May, report says
Ether mining brought in $2.35 billion in total revenue, an increase of 42.4% from the previous mont…
Emily Graffeo
2 mins read
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
1 min read
Inner Mongolia doubles down on crypto-mining ban and sets up a hotline for the general public to report suspected activity
China's Inner Mongolia Autonomous Region has set up a hotline for the general public to report any …
Emily Graffeo
2 mins read
Crypto-linked stocks plummet amid massive sell-offs in bitcoin and ethereum
All of the top 10 cryptocurrencies by market cap, except the stable coins Tether and USD Coin, fell…
Will Daniel
2 mins read
Cryptocurrency mining stocks recover as bitcoin climbs back above $50,000
With rising questions over the environmental impact of bitcoin and new competition from altcoins, b…
Will Daniel
1 min read
Cryptocurrency mining heavyweight dumped 79% of its bitcoin holdings to pay debts and maintain liquidity
Core Scientific unloaded most of its bitcoin in June while the crypto slumped. The company said it …
Brian Evans
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
1 min read
Authorities seek arrest of man who allegedly mined crypto under a high school and stole $18,000 of electricity
In December 2021, a town found a secret crypto mining operation underneath a Massachusetts high sch…
Jennifer Sor
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
1 min read
Two men arrested in Estonia for $575 million cryptocurrency laundering scheme
The indictment comes at a volatile moment for the crypto industry, as the market has plummeted and …