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Crypto-Mining
Sam Bankman-Fried’s Crypto Markets Outlook
The crypto markets have been volatile over the last few weeks, spooked by China’s threats to miners and Elon Musk’s tweets flip-flopping on bitcoin’s sustainability. FTX founder Sam Bankman-Fried weighs in on what’s going on in the crypto markets and what he expects to see in the near term.
Kevin O'Leary Doubles Down on 'Clean' Bitcoin and Mining Institutionalization
The ongoing debate around bitcoin's sustainability continues. "Shark Tank's" Kevin O'Leary emphasized the need for "green" bitcoin and the institutionalization of mining during the opening day of Consensus 2021. It was followed almost immediately by a Twitter announcement from Elon Musk that he has met with North American bitcoin miners over sustainability concerns. "The Hash" panel unpacks all the comments.
China's Warning to Miners Sends a Chill Across the Crypto Markets
Beijing's warning to miners is being blamed for bitcoin's tumble back down to $32K. The Asian crypto markets are spooked. The crypto exchange and mining operation Huobi says it will suspend new accounts in China and scale back its mining operations. Angie Lau of Forkast News joins "First Mover" to update the state of crypto in Asia.
Iranian Intelligence Agency to Trace Illegal Crypto Mining Activities
What happens when sanctioned nations like Iran command control in the cryptocurrency space? “The Hash” panel digs into Iran’s illegal crypto mining crackdown and its wider implications for the global crypto markets.
Did Sustainability Concerns Trigger Thursday's Sell-Off?
Some have cited the ongoing bitcoin sustainability debate as one potential reason for Thursday's market crash. Mining company Hut 8's CEO Jaime Leverton joins "First Mover" to weigh in on the debate, her thoughts on the influx of mining operations in North America, and the future of "clean" bitcoin.
Nvidia Reducing New Gaming Cards’ Mining Capability to Maintain Inventory for Gamers
Nvidia is applying reduced ETH hashrate to its newly manufactured graphics cards to ensure inventory for gamers. “The Hash” team digs into its potential impact on the world of crypto mining and gaming.
Chia's Rising Popularity Fuel Price Hikes of Hard Drives in Asia
Chia, a cryptocurrency that is "farmed" based on proof of storage, is booming in Asia and fueling the cost of hard drives as the supply dwindles. Could chia be better for the planet? "The Hash" panel discusses chia's impact on crypto mining and energy conservation.
Crypto Mining Firm Sells Norwegian Facility as Government Eliminates Power Subsidy
Hive Blockchain sold its mining facility in Norway after the government eliminated an electricity subsidy that provided tax relief for crypto miners. “The Hash” panel breaks down what this story indicates about the mining industry and its borderless approach to finding the most cost-effective mining locations.
Iran Central Bank to Allow Money Changers, Banks to Pay for Imports Using Mined Crypto
The Central Bank of Iran is now allowing its banks to interact with cryptocurrencies and say mined crypto can pay for imports. “The Hash” panel discusses Iran’s changing crypto stance and the pros and cons of issuing central bank digital currencies (CBDCs).
Bitcoin’s Environmental Impact: Misconceptions and Reality
Bitcoin’s energy consumption has been a hot topic inside and outside the crypto sphere, but is bitcoin the environmental nightmare it is often made out to be? CoinDesk’s Ben Powers breaks down the energy debate surrounding bitcoin and the misunderstandings surrounding crypto mining.