Governments Weigh Benefits, Climate Threat of Crypto Mining
Cryptocurrencies use an enormous amount of energy, and as the industry grows rapidly, so do concerns about its impact on the climate. Matt Dibble has the story.
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Cryptocurrencies use an enormous amount of energy, and as the industry grows rapidly, so do concerns about its impact on the climate. Matt Dibble has the story.
Fans who mine bitcoin at home have seen profits fall as prices crash and energy costs surge in a tough 2022. But they are finding creative ways to cut costs.
Cryptocurrency is tanking and the glow it once shone on New Yorkers seems to have substantially dimmed.
Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country.
White Rock Management, a Swiss company, plans to expand its clean energy crypto-mining operations to the US and Canada.