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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   


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A crypto scam sank a Kansas bank and got its CEO sent to jail for 24 years

The CEO of a small Kansas was sentenced to 24 years in prison after getting caught in a crypto "pig…

Kelly Cloonan   


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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   


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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   


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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   


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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   


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'Pig-butchering' scams have netted criminals $75 billion in stolen crypto, study says

Pig-butchering scams involve sending a wrong-number text and then building trust with a victim, who…

Yuheng Zhan   


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El Salvador is opening a 'bitcoin embassy' in Texas in a bid to promote more acceptance of crypto

El Salvador is reaching again beyond its borders to broaden its bitcoin strategy, following a partn…

Carla Mozée   


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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   


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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   


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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…

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The Celsius withdrawal freeze is now being investigated by regulators in 5 states, including Texas and New Jersey

Celsius stopped customers from withdrawing cash on Sunday after cryptos tanked. Now, Texas and New …

Brian Evans   


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The Celsius withdrawal freeze is now being investigated by regulators in 5 states, including Texas and New Jersey

Celsius stopped customers from withdrawing cash on Sunday after cryptos tanked. Now, Texas and New …

Brian Evans   


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These 10 cities have seen the hottest crypto-hiring market in 2021

Mid-size cities such as Portland, Oregon, and Raleigh, North Carolina, made the list, according to …

Natasha Dailey   


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Texas says state-backed banks can offer custody services for bitcoin as long as they have the proper tools to manage risk

The Texas Department of Banking affirmed banks may provide crypto custody services as long as there…

Emily Graffeo   


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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…

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A congressman from Texas defended crypto exchanges as the 'Babe Ruth' of financial services and said regulation would undo progress in the industry

Republican Rep. Roger Williams said a heavy-handed approach to the crypto industry could stifle inn…

Natasha Dailey   


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Secret crypto holdings are becoming an increasingly common conflict in divorces, attorneys say

As crypto has become more popular, hidden investments also have caused more problems for divorce at…

Aaron McDade   


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Crypto lender Celsius is freezing withdrawals - after its founder promised to reinvent the financial system and never act like a traditional bank

Celsius froze withdrawals and transfers just a month after Terra's luna token crashed to zero, cont…

George Glover   


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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