Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister SaysConcerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking advantage of for some time, a media report revealed. Crypto Miners […]

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Google Trends Study Shows SHIB Is the Most Popular Crypto in the UK

Google Trends Study Shows SHIB Is the Most Popular Crypto in the UK22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches. […]

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

China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study ClaimsContrary 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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Regulator Reiterates Call for EU Ban on Proof-of-Work Mining

Regulator Reiterates Call for EU Ban on Proof-of-Work MiningThe EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says. Bitcoin Mining Now Attacked in EU for Burning Too […]

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