Cryptocurrency News

» Why fossil fuel companies see green in Bitcoin mining projects
And why it’s risky business
By Justine Calma, The Verge
May 4, 2022

» As Oil Giants Turn to Bitcoin Mining, Some Spin Burning Fossil Fuels for Cryptocurrency as a Climate Solution
In a pilot project last year, ExxonMobil used up to 18 million cubic feet of gas per month to mine bitcoin in North Dakota.
By Sharon Kelly, DeSmog Blog
March 31, 2022

» Climate groups say a change in coding can reduce bitcoin energy consumption by 99%
A simple switch in the way transactions are verified could reduce bitcoin’s energy-guzzling mining habits
By Dominic Rushe, The Guardian
March 29, 2022

» Bitcoin Miners Want to Recast Themselves as Eco-Friendly
Facing intense criticism, the crypto mining industry is trying to change the view that its energy-guzzling computers are harmful to the climate.
By David Yaffe-Bellany, New York Times
March 22, 2022

» There is a greener way to mine crypto
It’s worth examining how the many, many “clean” crypto initiatives, currencies, blockchains, and marketplaces for non-fungible tokens actually stack up.
By Nitish Pahwa, Grist
March 22, 2022

» Bitcoin mining is ‘less green than ever’ after leaving China
Miners lost a key source of renewable energy
By Justine Calma, The Verge
February 28, 2022

» Is Crypto Mining Driving Up Power Costs For U.S. Consumers?
By Tsvetana Paraskova, Oil Price
January 28, 2022

» Bitcoin less green since China ban, research suggests
By the BBC
February 25, 2022

» Congress weighs cleaning up cryptocurrency mining in the US
There are no easy answers
By Justine Calma, The Verge
January 20, 2022

» Bitcoin Creates ‘Regulatory Hornet’s Nest’ as Alberta Orders Third Gas Plant Shutdown
By Jody MacPherson, The Energy Mix
January 18, 2022

» Panic as Kosovo pulls the plug on its energy-guzzling bitcoin miners
Speculators rush to sell off their kit as Balkan state announces a crypto clampdown to ease electricity crisis
By Daniel Boffey, The Guardian
January 16, 2022

» A ‘false solution’? How crypto mining became the oil industry’s new hope
Climate experts warn that plans to repurpose waste gas is not a solution, but more like placing a Band-Aid over a gaping wound
By Leanna First-Arai, The Guardian
December 16, 2021

» Bitcoin Uses More Electricity Than Many Countries. How Is That Possible?
By Jon Huang, Claire O’Neill and Hiroko Tabuchi, New York Times
September 3, 2021

» Crypto mining ban considered in New York following environmental concerns
Cryptocurrency mining could be suspended in the state of New York
By Joel Khalili, TechRadar
May 6, 2021

» As bitcoin mining hooks into Upstate NY power plants, some wonder if it’s just more hot air
By Glenn Coin, Syracuse.com
May 5, 2021

» Bitcoin’s wild ride renews worries about its massive carbon footprint
By Ryan Browne, CNBC
February 5, 2021