Bitcoin miners face survival test in 'halving'
Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.
Apr 11, 2024
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Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.
Apr 11, 2024
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Cryptocurrency mining uses a significant amount of water amid the global water crisis, and its water demand may grow further. In a commentary published November 29 in the journal Cell Reports Sustainability, financial economist ...
Nov 29, 2023
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Bitcoin mining is often perceived as environmentally damaging because it uses huge amounts of electricity to power its intensive computing needs, but a new study demonstrates how wind and solar projects can profit from bitcoin ...
Nov 27, 2023
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Amid the loud fans and a towering wall of supercomputers, a digital gold rush is taking place in Texas.
Nov 27, 2023
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Taken as a share of the market price, the environmental costs of mining the digital cryptocurrency Bitcoin are more comparable to the climate damages of producing beef than gold mining costs, according to analysis published ...
Sep 29, 2022
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Though skeptics may characterize cryptocurrency as "fake money," "worse than tulip bulbs," or outright fraud, it is a very real business. The market capitalization of the almost 19,000 cryptocurrencies in circulation is currently ...
May 5, 2022
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The Texas grid operator expects crypto miners to increase electricity demand by up to 6 gigawatts by mid-2023, more than enough to power every home in Houston.
Apr 28, 2022
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Fort Worth, Texas will become the first city government in the United States to mine bitcoin, with Mayor Mattie Parker implementing a tech pilot project that could catch on across the nation.
Apr 27, 2022
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Georgia was the site of America's first gold rush in 1828 when miners flocked to the mountains near Dahlonega looking to strike it rich. Nearly 200 years later, a new wave of miners is descending on the state.
Apr 13, 2022
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David Naylor's knowledge of cryptocurrency was limited, to say the least, when Bitcoin miners started approaching him last year about buying power from the utility he runs across a 16-county stretch of rural Texas.
Mar 16, 2022
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