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1 min read

China's stock rout has spurred a mad dash into banned bitcoin

China's crypto volumes have outpaced those in Hong Kong as investors shy away from domestic stocks.

Filip De Mott   


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1 min read

Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' and says the crypto is hopeless as a currency

JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said bitco…

Theron Mohamed   


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2 mins read

Investing legend Jeremy Grantham sounds the alarm on a stocks bubble, blasts bitcoin, and says the dollar's still king

Stocks are historically expensive, bitcoin is a tool for criminals, and the era of dollar dominance…

Theron Mohamed   


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5 mins read

YouTube's mass exodus of stars and TikTok's potential US ban shows the uncertainty of the creator economy

YouTube changed how we watch videos. A departure of creators might lead to its own shift.

Dan DeFrancesco   


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3 mins read

Bitcoin mining: Despite the crackdown, China is back as the second-largest miner

China’s commitment to preventing Bitcoin miners from running operations in the country seems to be …

Business Insider Latest Story Image
1 min read

Russia's bitcoin-mining industry is booming through war and sanctions

There's more bitcoin mining equipment flowing into Russia than anywhere else in the world as sancti…

Phil Rosen   


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2 mins read

China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown

A surge in covert mining operations post-ban means China is now the world's second-largest location…

Hamza Fareed Malik   


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2 mins read

Environmental impact of Bitcoin mining has gotten worse since China’s ban, according to a new study

Bitcoin industry groups have often claimed that green mining is gaining prominence. However, a new …

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2 mins read

The biggest bitcoin miner in Texas is shutting down ahead of blast of winter weather in the state

Riot Blockchain initiated shutting down its Whinstone facility Tuesday and will remain powered down…

Isabelle Lee   


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3 mins read

Crypto mining continues to grow despite multiple crackdowns

Crypto mining hashrates have touched all time highs in the past few months, despite concerns around…

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2 mins read

European Union votes against banning Bitcoin-like cryptos that use proof-of-work method

A proposal to ban mining and transactions of energy-intensive cryptocurrencies like Bitcoin, Ethere…

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1 min read

The global computing power of the bitcoin network slides after Kazakhstan shuts down the internet amid violent protests

Hours after Kazakhstan's internet went down, bitcoin's hash rate dropped 12%, Larry Cermak of The B…

Isabelle Lee   


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3 mins read

Europe’s crypto regulations moves one step closer to vote – removes proof of work ban from proposal

The European Parliament submitted a policy document to regulate crypto on March 7. The EU is seekin…

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2 mins read

A high court in China is saying Bitcoin is protected by law and has economic value

The court said that Bitcoin has economic value, while hearing a dispute between two individuals. Th…

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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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2 mins read

Cryptocurrencies tumble as China continues its crackdown against mining

The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…

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2 mins read

A New York power plant that mines bitcoin faces big test in governor's office

Greenidge Generation in the third quarter of 2020 said it mined 729 bitcoins and had approximately …

Isabelle Lee   


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2 mins read

China banned all crypto transactions on Friday, but experts say the move was mostly priced in for bitcoin

"The reaction is significantly smaller than previous bans as the market has already priced in the r…

Isabelle Lee   


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2 mins read

Campaigners call for bitcoin miners to drop 'proof of work' to reduce their excessive use of energy

Greenpeace and other climate groups hope to tackle the excessive energy use in bitcoin mining by en…

Adam Morgan McCarthy   


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1 min read

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 transac…

Isabelle Lee