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Has Russia really ‘legalized’ cryptocurrency mining?
1.11.2024
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation
IMF execs float raising crypto mining electricity prices by 85%
16.8.2024
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives
Miner profitability falls to record lows — Blocksbridge
8.8.2024
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues
Miner profitability falls to record lows — Blocksbridge
8.8.2024
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues
Miner profitability falls to record lows — Blocksbridge
8.8.2024
Reduced block rewards post-halving and Bitcoin mining difficulty reaching new heights are eating away at miner revenues
Senator Cynthia Lummis releases report attacking Biden’s mining tax
23.7.2024
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers
Senator Cynthia Lummis releases report attacking Biden’s mining tax
23.7.2024
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers
Why AI's Energy Use Isn't Demonized Like Bitcoin's
11.7.2024
AI's utility is more obvious to everyday people than crypto's, and AI's risks are so much greater that power consumption fears seem beside the point
Bitcoin uses more renewable energy, but will Tesla accept it again?
16.6.2024
Tesla removed Bitcoin payments citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased
Trump hosts Bitcoin mining executives at Florida residence
12.6.2024
Executives from the U.S. Bitcoin mining industry pitched the presidential candidate on how they could strengthen the electrical grid and create new jobs
Venezuela bans crypto mining to protect power grid
19.5.2024
This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative
Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024
10.5.2024
Canaan introduces the A1566 model in Hong Kong, aims to provide a more cost-effective solution for miners by offering higher data processing capabilities with lower energy consumption.
The post Canaan Launches New Energy-Efficient Miner A1566 at Bitcoin Asia 2024 appeared first on Cryptonews
AI Predicts China Will Ban High-Energy Blockchains
8.5.2024
We asked three AI platforms to predict the future of high-energy consumption blockchains in China, and the unanimous answer points to a ban.
The post AI Predicts China Will Ban High-Energy Blockchains appeared first on Cryptonews
US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners
17.2.2024
The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners requiring data related to energy consumption and configuration of their mining sites. According to one of the letters posted on social media, miners have...
EIA Begins Probe on Crypto Mining’s Energy Use Following White House Directive
5.2.2024
The energy demands of crypto mining in the United States have rapidly increased over the past four years, according to a February 1 press release from the Environmental Impact Agency (EIA). The EIA has been working under strict directives from the White House to gauge the energy consumption of...
U.S. Drilling Down on Crypto Miners' Energy Use Draws Ire From Community
1.2.2024
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S
US Gets Serious About Tracking Crypto Mining Electricity Usage
1.2.2024
A US government agency responsible for managing energy-related data is going after crypto-mining companies over their power consumption. The Energy Information Administration (EIA) said on Wednesday that it will collect electricity consumption data from identified US-based crypto mining companies...
Crypto, AI and Data Centers Could Double Energy Consumption in 2026
27.1.2024
The aggregated demand for energy from crypto, artificial intelligence (AI), and traditional data centers could double in 2026. According to a report by the International Energy Agency (IEA), the consumption growth might mean adding a country like Sweden (in the best case) or Germany (in the worst...
AI and Crypto Mining to More Than Double Energy Use by 2026, Report Says
26.1.2024
Source: Adobe / Timon The International Energy Agency (IEA) anticipates substantial increases in energy consumption from crypto mining and artificial intelligence (AI) in the coming years, with projections suggesting a more than 30% surge by 2026. The IEA’s Electricity 2024 report outlines...
Unlimited Innovations vs. 2,500 Swimming Pools — AI Faces Similar Environmental Backlash as Bitcoin Mining
29.12.2023
In recent years, attention has centered on bitcoin mining, particularly its energy usage in securing the network and validating transactions through proof-of-work (PoW). As generative artificial intelligence (AI) emerges as a major force in technology, it’s encountering similar environmental...