Energy – Page 9 – DIGIT INFO

Twitter debates the role of renewable energy in Bitcoin mining

Crypto Twitter discusses whether Bitcoin mining with clean energy provides a good solution for excess or unused energy.

Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency

In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From Crackdown on Illegal Mining Since 2020, Malaysian authorities have detained a total of […]

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Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining

The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level. Russian Official Proposes Regional Energy Quotas for […]

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Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining

Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station, is the latest targeted mining operation in the country which has been struggling with its power deficit. Authorities in Kazakhstan Seize Over 100 Mining Rigs […]

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Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem

Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?

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Miners that hodl the most Bitcoin are ‘relentlessly expanding’

According to a series of mining metrics, not only are miners holding hard, but they’re also dramatically increasing their hash rate.

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Ethereum’s TVL dominance drops to 55% as Bloomberg analyst paints $1.7K bearish target

Ethereum price has been increasingly in lockstep with the Nasdaq, but there’s a catch.

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Analysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s

While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U.S. economy note that risks of an economic recession are climbing, and energy market historian Daniel Yergin thinks the current warfare in Ukraine could […]

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China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims

Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a […]

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European Parliament to Cancel Vote on Crypto Assets Framework

The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker leading the legislative effort says the matter needs clarification before MEPs can have a say, but the head of the ECB has insisted […]

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