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You Searched For "cryptocurrency mining" and got 20 results


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Why is actor Tamannaah Bhatia being questioned by the ED for a money laundering case?

The case is part of a broader crackdown on fraudulent online schemes and illegal betting tied to cr…

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Cryptocurrency Mining and Energy

Cryptocurrency Mining and Energy

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3 mins read

An Indian home can live for a year with the energy it needs to mine a single Bitcoin

Bitcoin mining has long been criticised for being inefficient and a power guzzler. Now, a new repor…

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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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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 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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New York has passed a bill placing a moratorium on cryptocurrency mining as state lawmakers seek to address environmental concerns

The bill targets proof-of-work crypto mining operations that burn fossil fuels. The state Senate pa…

Carla Mozée   


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4 mins read

Iran is bringing back cryptocurrency mining, but China shows no signs of changing its mind

Regulations around cryptocurrency saw a lot of upheaval over the past one year world over. While Ch…

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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 comp…

Harry Robertson   


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Ether mining revenue and transaction volume soared to record highs in May, report says

Ether mining brought in $2.35 billion in total revenue, an increase of 42.4% from the previous mont…

Emily Graffeo   


Natasha Dailey   


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Inner Mongolia doubles down on crypto-mining ban and sets up a hotline for the general public to report suspected activity

China's Inner Mongolia Autonomous Region has set up a hotline for the general public to report any …

Emily Graffeo   


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Crypto-linked stocks plummet amid massive sell-offs in bitcoin and ethereum

All of the top 10 cryptocurrencies by market cap, except the stable coins Tether and USD Coin, fell…

Will Daniel   


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Cryptocurrency mining stocks recover as bitcoin climbs back above $50,000

With rising questions over the environmental impact of bitcoin and new competition from altcoins, b…

Will Daniel   


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Cryptocurrency mining heavyweight dumped 79% of its bitcoin holdings to pay debts and maintain liquidity

Core Scientific unloaded most of its bitcoin in June while the crypto slumped. The company said it …

Brian Evans   


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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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Authorities seek arrest of man who allegedly mined crypto under a high school and stole $18,000 of electricity

In December 2021, a town found a secret crypto mining operation underneath a Massachusetts high sch…

Jennifer Sor   


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3 mins read

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 expe…

Emily Graffeo   


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Two men arrested in Estonia for $575 million cryptocurrency laundering scheme

The indictment comes at a volatile moment for the crypto industry, as the market has plummeted and …

Kieran Press-Reynolds