Mining

As part of CoinDesk’s Mining Week content, Managing Editor for Tech Christie Harkin discusses the increasing prevalence of a cyberattack called "cryptojacking," which non-consensually uses the victim’s GPU to mine cryptocurrency, primarily Monero. Plus, a conversation on donating computer power to mine crypto for charitable causes. 

Mar 24, 2022

The Environmental Conservation Committee of the New York State Assembly voted in favor of a bill that would ban proof-of-work (PoW) cryptocurrency mining for two years due to energy consumption concerns. “The Hash” hosts discuss the growing politicization of bitcoin and possible ways for the mining industry to respond.

Mar 23, 2022

As part of CoinDesk’s Mining Week content, Regulatory Reporter for Europe Sandali Handagama explains how crypto mining firms like the Alps Blockchain are using renewable hydropower in the mountainous regions of Italy. Handagama addresses the broader narrative of eco-friendly mining and the debate in the European Parliament on proof-of-work.

Mar 23, 2022

As part of CoinDesk’s Mining Week coverage, CoinDesk’s George Kaloudis presents a study suggesting that lasers could be used to create an “optical proof-of-work” consensus, potentially increasing the accessibility of mining and reducing energy consumption.

Mar 22, 2022

As part of CoinDesk’s Mining Week coverage, U.S. Regulatory Reporter Cheyenne Ligon explains why the upstate New York city of Plattsburgh imposed a ban on crypto mining as tensions arose with the local community. Plus, Ligon offers insights into the current sentiment of N.Y. state lawmakers and the broader significance of this story.

Mar 22, 2022

As part of Mining Week, several CoinDesk reporters have compiled a photo essay capturing the insides of crypto mining farms throughout the globe, including HIVE Blockchain in Sweden, Bitfarms in Quebec, and many more. “The Hash” hosts discuss the importance of demystifying crypto mining and how a better understanding of these facilities can help address ESG concerns. 

Mar 21, 2022

CoinDesk Mining Reporter Aoyon Ashraf joins “First Mover” as CoinDesk kicks off Mining Week. Ashraf presents a chart showing that dominant mining regions have shifted globally since China's mining ban took effect last year. Plus, highlights from Ashraf's photo essay showcasing mining operations across the globe.

Mar 21, 2022

CoinDesk's Christie Harkin joins the “Week in Review” panel to discuss Kazakhstan’s efforts to repress illegal crypto mining operations, and how that has impacted the bitcoin hashrate. Plus, CoinDesk Market Analyst Damanick Dantes explains how the Fed interest rate hike has influenced bitcoin’s volatility. 

Mar 18, 2022

“All About Bitcoin” Host Christine Lee presents data from Glassnode illustrating the difficulty of mining a bitcoin block, otherwise known as the hashrate, which dropped 0.35% on Thursday for the second time this month. Global electricity prices have risen alongside the continuation of Russia’s invasion into Ukraine, possibly leading certain miners to go offline.

Mar 18, 2022

The European Parliament has voted against a proposed rule that would have banned proof-of-work mining of cryptocurrencies like bitcoin across the European Union (EU). Patrick Hansen, head of Strategy and Business Development at Unstoppable Finance, discusses what this means for the state of crypto affairs in Europe and the world.

Mar 15, 2022