Bitcoin Mining
Could the Heat and Feared Blackouts in Parts of the U.S. Affect Bitcoin Mining Operations?
Texas and other U.S. states across the West are facing energy grid shortfalls this summer as severe drought reduces the amount of water available for hydroelectric power generation, says the Wall Street Journal. CoinDesk's Christie Harkin and Brad Keoun discuss the possible impact of power shortages for miners in the area and the wider crypto mining community.
Bitcoin Remains Relatively Resilient Post-Fed as Fiat Currencies Drop Against Dollar
CoinDesk Managing Editor of Technology Christie Harkin and Managing Editor of Markets Brad Keoun discuss this past week's top stories moving the crypto markets, including the Fed's announcement of raising interest rates, hedge funds pledging more capital to crypto, the impact of El Salvador's currency law, rising ESG concerns, China's crackdowns on bitcoin mining operations, and Taproot activation.
Saylor: We Must Counter ‘Misinformation’ About Bitcoin’s Environmental Damage
At Wednesday’s Bitcoin Mining Council meeting, Microstrategy CEO Michael Saylor said a key problem in the crypto space isn’t bitcoiners, but the negative headlines about mining. “The Hash” hosts react to Saylor’s concerns about “misinformation” in bitcoin mining, discussing the larger role of the Bitcoin Mining Council.
Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown
In China's Sichuan province, the world's largest hydro-powered bitcoin mining area, Ya'an is set to shut down mining operations. "The Hash" panel discusses China's continued crackdowns on bitcoin mining operations and what this latest development means for the bitcoin community.
How the Bitcoin Industry Is Responding to Wall Street's ESG Concerns
“They are doing it out of the sense of survival,” said John Reed Stark, former chief of the U.S. Securities and Exchange Commission’s Office of Internet Enforcement.
Bank of England: Any UK CBDC Will Be 'Tens of Thousands' Times More Efficient Than Bitcoin
The fintech lead at U.K.’s central bank urged eco-conscious citizens not to “throw the blockchain baby out with the bitcoin bathwater.”
Bitcoin Hashrate Drops to 6 1/2-Month Low After China Mining Crackdown
The Bitcoin network's processing power could rebound if miners relocate to other locales, one analyst predicts.
Genesis Digital Assets Purchases Additional 10,000 Mining Machines From Canaan
The order is to be completed by the end of the month.
Bitcoin Tops $40K as Musk Says Tesla May Accept Crypto in Future
Bitcoin's price after Tesla CEO Elon Musk said the electric car company would resume accepting bitcoin for payments once it can be mined with at least 50% green energy. "The Hash" panel reacts.
BTC Pops as Musk Says Tesla Will Resume Taking Bitcoin as Payment Once Miners Go 50% Green
"If Elon offers [miners] very cheap energy, obviously the incentive will be there for some miners to use," Compass Mining's research director Zack Voell said on "All About Bitcoin." Because for as long as mining has existed, miners only want one thing: cheap energy.