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The US Wants to Know How Much Electricity Crypto Miners Use

The mining of Bitcoin and other cryptocurrencies uses more electricity than some countries. Is all that demand raising your power bill?

Cambridge , Cambridgeshire , United-kingdom , New-york , United-states , Berkeley , California , Netherlands , Plattsburgh , Joe-decarolis , Energy-information-administration , International-energy-agency

How Much Power Does Crypto Use? The Government Wants to Know

The mining of bitcoin and other cryptocurrencies uses a lot of electricity -- more than many countries. Are you paying for it on your power bill?

Plattsburgh , New-york , United-states , Netherlands , California , Cambridge , Cambridgeshire , United-kingdom , Berkeley , Joe-decarolis , Energy-information-administration , University-of-chicago

Why Are People Spreading Falsehoods About Bitcoin's Water Use?

Why Are People Spreading Falsehoods About Bitcoin's Water Use?
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Panama , United-kingdom , Kazakhstan , Netherlands , Dutch , Britain , Ben-schiller , Noelle-acheson , Mariana-mazzucato , Bloomberg , Genesis-trading , Coindesk-markets-daily

Cambridge Updates Bitcoin Mining Index to Reveal True Power Consumption

After three years, the University of Cambridge has implemented a major update to its Bitcoin Electricity Consumption Index (CBECI) to more accurately assess…

Cambridge , Cambridgeshire , United-kingdom , University-of-cambridge , Bitcoin-electricity-consumption-index , News , Ggregator , Reaking-news , Uration , Edia ,

Cambridge Revises Bitcoin Mining Index, Lowers BTC's Estimated Power Use

Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s…

Cambridge , Cambridgeshire , United-kingdom , Cambridge-centre-for-alternative , Cambridge-centre-revises-bitcoin-energy-estimates , Cambridge-centre , Alternative-finance , Bitcoin-electricity-consumption-index , Centre-revises-bitcoin-energy-estimates-downward , Corrected-index-reflects-more-accurate-power , News

Bitcoin Miners Look To Coal Ash As Power Demand Surges

Despite market volatility, Bitcoin's energy consumption hits unprecedented levels, pushing miners to innovate with questionable energy sources, sparking environmental concerns.

Pakistan , Pennsylvania , United-states , New-york , Cambridge , Cambridgeshire , United-kingdom , Haley-zaremba , Global-energy , University-of-cambridge , Bitcoin-electricity-consumption-index , Energy-monitor

Sazmining to Open Green Bitcoin Mining Facility in Paraguay, Tap Itaipu Dam

The Paraguay mining facility will come online in September, joining Sazmining’s existing facility in the U.S.

Paraguay , United-states , Wisconsin , Brazil , America , William-szamosszegi , Satoshi-nakamoto , Kent-halliburton , Halliburton , Cambridge-university-bitcoin-electricity-consumption-index , Sustainable-bitcoin , South-america

Bitcoin Miners Making Critical Energy Moves

Bitcoin mining is frequently criticized by pro-renewable-energy politicians and regulators for their heavy carbon footprints.

Cambridge , Cambridgeshire , United-kingdom , University-of-cambridge-bitcoin-electricity-consumption-index , Cambridge-university , Bitcoin-electricity-consumption-index , Daniel-batten , Etf , Tfs , Xchange-traded-funds , Oney

More Miners, More Problems: Bitcoin's Carbon Footprint Hits All-Time High

Despite recent scandals and scrutiny, high prices have lured more miners into the crypto industry, resulting in record greenhouse gas emissions due to the energy-intensive mining process.

United-states , Pakistan , Kosovo , Texas , Kazakhstan , Haley-zaremba , University-of-cambridge-bitcoin-electricity-consumption-index , Treasury-department , South-korea , Wall-street , Bitcoin-electricity-consumption-index , Coin-metrics

Financial Institutions Need to Support a Code Change to Cleanup Bitcoin

Big financial services companies like Fidelity need to acknowledge Bitcoin’s climate pollution and other environmental impacts by taking responsibility for the problem. The financial industry is generating revenue and creating services to help grow this energy-intensive cryptocurrency. At the same time, corporate pledges to reduce carbon emissions and sustainability plans don’t include Bitcoin’s climate impacts or risks.

Duke-center , Pennsylvania , United-states , Cambridge , Cambridgeshire , United-kingdom , Netherlands , Glasgow , Glasgow-city , Houston , Texas , Chicago