Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns – Bitcoin News

Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns

Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter insists “Greenidge and other [bitcoin mining] plants raise concerns about their impacts on the global environment.” Elizabeth Warren Takes Aim at Bitcoin Mining Operations The … Read more

Crypto Miners and Geopolitics – The Diplomat

Kazakhstan’s Power Shortages: Crypto Miners and Geopolitics

AdvertisementElectricity deficits have caused repeated outages across Kazakhstan, and the government has turned to Russia to meet growing demand.Officials said that a spike in consumption has strained the country’s grid. Deputy Energy Minister Murat Zhurebekov said the increase in demand was caused by both an 8 percent increase in domestic electricity consumption in 2021 and … Read more

Crypto miners are hoarding bitcoin amid recent rally, creating ‘supply shocks’ that help boost prices further, Kraken says | Currency News | Financial and Business News

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Bitcoin. Sean Gladwell Sean Gladwell Crypto miners hanging onto their bitcoin are creating “supply shocks,” Kraken said in a blog Thursday. The supply shocks are helping to boost bitcoin prices even further. The trend indicates bitcoin’s bull run may have farther to go, Kraken said. Crypto miners are stockpiling bitcoin, driving a supply shock and … Read more

Bitcoin miners fund floats amid crypto ETF race

Bitcoin miners fund floats amid crypto ETF race

“[The launch of DIGA] t means investors do not have to directly hold cryptocurrencies and, importantly, provides Australians with the ability to access the potential upside of the next wave of financial market innovation.”Cosmos is itself owned by Mawson Infrastructure Group, an Australian-born, Nasdaq-listed bitcoin miner, although the parent company of the fund’s issuer will … Read more

Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners – Mining Bitcoin News

Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners

Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting activities. Cryptocurrency Miners in Russia and Belarus May Face Higher Energy … Read more