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Bitcoin and gold are both on fire right now — but for very different reasons

The leading cryptocurrency and the precious metal are both on winning streaks, but analysts say the…

George Glover   


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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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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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US officials say they're worried a Chinese-owned bitcoin mine in Wyoming will pose a national security threat, NYT reports

Microsoft relayed concerns to the US government that a Cheyenne, Wyoming, Bitcoin mining operation …

Hannah Getahun   


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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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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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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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China catches hundreds of banned crypto miners stealing electricity amid energy crisis

Banned crypto miners reportedly siphoned electricity from public agencies and universities during a…

Carla Mozée   


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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   


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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…

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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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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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Marathon Digital and other crypto-linked stocks drop after China declares cryptocurrency transactions illegal

China says bitcoin and ether cannot be used as currency in the world's second-largest economy, send…

Carla Mozée   


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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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Why China's crypto crackdown is creating 'tremendous' opportunities for miners in other countries, according to industry execs

The ban on mining operations in China has actually helped bitcoin move towards its goal of becoming…

Emily Graffeo   


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3 mins read

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 ongoi…

Emily Graffeo   


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Here's why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading

"There are bigger concerns right now in crypto," Chris Vecchio of DailyFX, said, citing a hawkish F…

Isabelle Lee   


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29-year old crypto billionaire Sam Bankman-Fried says FTX US is set to expand after fresh funding round

"When you look at FTX US, there's an enormous amount of potential growth," Bankman-Fried told CoinD…

Isabelle Lee   


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4 mins read

Bitcoin mining gets easier with a drop in hash rate but Ethereum’s popularity is catching up

Ethereum stepped up its game and briefly had more active addresses than Bitcoin this month. That…

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Chinese crypto addresses have sent over $2 billion to scammers in the last 2 years, report says

Transactions, however, have since fallen due to the absence of large-scale Ponzi schemes like the P…

Isabelle Lee