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Brian Evans
09 Jun 2022, 00:45
Natural gas rationing may come to Europe this winter unless energy efficiency starts improving quickly, IEA chief warns
"I wouldn't exclude the rationing of natural gas in Europe, starting from the large industry facilities," Faith Birol told the Financial Times.
Brian Evans
24 May 2022, 02:14
The global energy crisis will get worse if aviation and China put more pressure on an already under-invested sector, Aramco CEO says
"If the aviation industry picks up speed, you are going to have a major problem," Saudi Aramco CEO Amin Nasser told Reuters.
Shalini Nagarajan
28 Mar 2022, 18:13
The US will emerge as the world's largest natural-gas exporter this year, a top energy market historian says
"The longer the war goes on, the more Russia has been separated from the global economy," S&P Global's Dan Yergin told CNBC Monday.
Hamza Fareed Malik
25 Jan 2022, 23:09
US crypto mining poses a supply risk to public power utilities, according to Fitch Ratings
Crypto mining could pose power supply issues for public power utilities in the US if not mitigated, Fitch Ratings said.
Madana Prathap
22 Jan 2022, 09:03
Lifecycle of cryptocurrencies – From creation to trade and destruction
Cryptocurrency miners originate the coins that go on to circulate among investors.
These coins can be kept idle in a wallet, t
...
Marcia Sekhose
29 Nov 2021, 11:29
Cryptocurrency mining is causing power shutdowns in Kazakhstan, and China may be to blame
Cryptocurrency miners in Kazakhstan have been causing power shutdowns and blackouts. The sudden increase in crypto mining is...
Harry Robertson
08 Nov 2021, 12:58
Bitcoin's record-high price means its energy use is soaring again - just as the world tries to tackle climate change at COP26
A higher bitcoin price means more people want to "mine" it - and that means more computers guzzling electricity.
Harry Robertson
30 Oct 2021, 17:02
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 sister company Foundry said.
Will Daniel
30 Oct 2021, 15:25
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, representing 0.59% of total energy consumption worldwide.
Emily Graffeo
30 Oct 2021, 15:18
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 experts argue concerns have been taken out of context.
Matthew Fox
13 Oct 2021, 22:15
Volatile energy markets are here to stay if investment in sustainable power fails to keep up with energy demand, IEA warns
"We are not investing enough to meet future energy needs, and the uncertainties are setting the stage for a volatile period ahead," the IEA said.
Isabelle Lee
13 Oct 2021, 21:30
The US unseats China as world's biggest bitcoin miner, accounting for a third of the global hash rate after Beijing's crackdown
The increase in the share of the US came after China in September banned all cryptocurrency transactions, citing environmental concerns.
Harry Robertson
17 Sep 2021, 18:13
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 electronic waste, a new study says.
BI India Bureau
15 Sep 2021, 16:50
Bitcoin mining isn't just consuming energy, it's also generating 272 grams of e-waste with every transaction
A yet to be published report puts Bitcoin amongst the top e-waste generators in the world. Bitcoin generates ...
Carla Mozée
15 Sep 2021, 00:35
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 neutral' goal," Heibei's cyberspace commission said.
Eugene Kim
07 Sep 2021, 05:32
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 the globe.
Isabelle Lee
27 Aug 2021, 23:33
A Canadian bitcoin ETF aims to offset its climate impact by planting trees to become the 1st carbon-negative investment fund
Accelerate Financial Technologies will be planting around 3,450 trees for every C$1 million invested. It will launch on August 31.
Emily Graffeo
19 Jul 2021, 16:51
The US has been sweeping up shares of the bitcoin hashrate as miners exit China
New data from the Cambridge Centre for Alternative Finance puts empirical evidence behind the ongoing migration of the bitcoin hashrate out of China.
Harry Robertson
23 Jun 2021, 17:13
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 attributes."
Harry Robertson
23 Jun 2021, 03:42
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 company on the cryptocurrency block.
Harry Robertson
23 Jun 2021, 00:36
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 while "mining" cryptocurrencies.
Harry Robertson
17 Jun 2021, 21:35
Coinbase's cofounder said in an interview that 90% of NFTs would soon be worthless and that people shouldn't dismiss dogecoin. Here are the 8 best quotes.
Coinbase cofounder Fred Ehrsam described decentralized finance as the "bleeding edge" of the blockchain world in an interview with Bloomberg TV.
Harry Robertson
17 Jun 2021, 18:23
Elon Musk hits back at Kraken CEO's claim that bitcoin is greener than people say - renewing his criticism of the cryptocurrency
The Tesla boss was unimpressed by Kraken CEO Jesse Powell's claim that bitcoin is greener than people think.
Harry Robertson
16 Jun 2021, 17:54
Crypto billionaire Sam Bankman-Fried says bitcoin could switch to green energy with little fuss - and reveals SPACs are lining up to take his FTX exchange public
Sam Bankman-Fried said bitcoiners shouldn't shy away from conversations about the cryptocurrency's energy use.
Will Daniel
10 Jun 2021, 20:32
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 bitcoin in a Senate Banking Subcommittee hearing.
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