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You Searched For "Mining" and got 20 results


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A crypto trading platform that recruited users through prayer circles was a pyramid scheme that made $1 billion for its 'Reverand CEO,' lawsuit says

NovaTechFx, once one of the fastest-growing financial platforms, now faces a lawsuit that says it s…

Kenneth Niemeyer   


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1 min read

6,000 old bitcoin-mining machines will be refurbished and sold overseas after the long-awaited halving event

Outdated machines are being moved to countries with lower electricity costs, like Ethiopia, where t…

Aruni Soni   


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2 mins read

Bitcoin is undergoing a tech expansion that one expert says will drive 5-fold growth in just 2 years

Bitcoin programmers have been expanding the possibilities behind the blockchain. It could mean fres…

Filip De Mott   


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1 min read

Bitcoin could see a wave of forced selling as miners face the reality of lower rewards post-halving, research firm says

"If miners were forced to sell even a fraction of their holdings over the coming month this would h…

Filip De Mott   


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1 min read

Cryptocurrency Mining and Energy

Cryptocurrency Mining and Energy

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2 mins read

A major copper miner thinks it's got a way to turbocharge output without having to open new mines

Freeport-McMoRan CEO Kathleen Quirk told Bloomberg it's developed a way to boost copper without ope…

Filip De Mott   


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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   


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1 min read

Israel news anchor fired after commenting on rescued hostage's appearance: 'Look at her eyebrows, they look better than mine?'

Israeli news channel Keshet 12 fired an Arab-Israeli anchor after she made dismissive comments abou…

Joshua Zitser   


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A Ukrainian unit is flying drones at night to drop mines inside Russia: report

A Ukrainian unit uses drones to drop mines deeper inside Russian territory at night, per CNN. It cl…

Thibault Spirlet   


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Prepare for bitcoin to fall after the long-awaited halving, JPMorgan says

"We do not expect bitcoin price increases post halving as it has been already priced in," JPMorgan …

Yuheng Zhan   


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5 mins read

Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies

Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…

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1 min read

New research says bitcoin mining is sucking up more and more water, with use increasing 278% since 2020

"The total water footprint of US Bitcoin miners could be equivalent to the average annual water con…

Filip De Mott   


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1 min read

Remote mountain Kingdom of Bhutan is operating secret, state-owned Bitcoin mining facilities, report says

The remote Himalayan kingdom has never publicly announced its Bitcoin operations, but it has been s…

Polly Thompson   


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2 mins read

A Chinese takeaway worker who had 61,000 bitcoin worth $1.8 billion seized by police found guilty of money laundering

Jian Wen was convicted of money laundering in a London court on Wednesday after police seized 61,00…

George Glover   


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2 mins read

Bitcoin's been sliding ahead of the 'halving' but crypto bulls aren't worried

Crypto bulls are confident that a looming "halving" event could power bitcoin to new highs, despite…

George Glover   


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2 mins read

Cardi B says she doesn't want to rely on her parents to care for her kids: 'They mine'

"Nobody could solve what's going on in my home, and what's going on in my home is we have a shortag…

Amanda Goh   


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2 mins read

Gina Rinehart, a mining magnate worth $22 billion, wants her portrait removed from an Australian gallery

Gina Rinehart and her representatives have made multiple approaches to the National Gallery of Aust…

George Glover,Mia Jankowicz   


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1 min read

Bitcoin hits new record above $73,000 as demand from ETFs soars

BlackRock's bitcoin ETF now owns 215,625 bitcoin, which is bigger than MicroStrategy's 205,000 bitc…

Matthew Fox   


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Crypto and AI will drive exorbitant energy use after decades of flat demand, analyst says

Data centers are expected to drive a surge in electricity demand growth, tripling their power consu…

Aruni Soni   


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2 mins read

Crypto miners are pulling in more money than ever as bitcoin shatters records

Crypto mining revenue hit $78 million a day on Monday, a new all-time high for the industry, accord…

Filip De Mott