Bitcoin's next 'halving' is right around the corner. Here's what you need to knowSometime in the next few days or even hours, the "miners" who chisel bitcoins out of complex mathematics are going to take a 50% pay cut - ...
19 Apr, 2024, 09.54 AM IST
Bitcoin mining has 'very worrying' impacts on land & water: UN studyA new study conducted by UN scientists has found that Bitcoin mining activities have significant environmental footprints, including carbon...
25 Oct, 2023, 02.18 PM IST
Cost of crypto: report say U.S. bitcoin as dirty as 6 million carsThe industry's carbon footprint, the groups said, was 27.4 million tonnes from mid-2021 through 2022 - three times that of the largest U.S....
23 Sep, 2022, 12.17 PM IST
Over 75% of Bitcoin miners' earnings going into soaring electricity costsBitcoin (BTC) mining is a very electricity-intensive process. A recent study has shown that a single Bitcoin transaction consumes about 216...
31 May, 2022, 03.11 PM IST
How cryptocurrencies work (and how they don't)Fundamentally, cryptocurrencies are digital money. The blockchain is a database for recording transactions of said digital money. This digi...
21 Apr, 2022, 01.29 PM IST
Mozilla pauses crypto donations amid climate impact debateLast week, Mozilla tweeted that it accepts cryptocurrency donations, which "led to an important discussion about cryptocurrency's environme...
07 Jan, 2022, 11.46 AM IST
A Bitcoin boom fueled by cheap power, empty plants and few rulesSoaring Bitcoin values may be the investment talk of Wall Street, but a few hours north, in upstate New York, the buzz is about companies t...
06 Dec, 2021, 04.19 PM IST
Bitcoin-mining power plant raises ire of environmentalistsGreenidge said it mined 729 bitcoins over three months ending Sept. 30. The value of cryptocurrency fluctuates, and on Friday, one bitcoin ...
17 Oct, 2021, 10.25 AM IST
Does your cryptocurrency investment fulfil ESG criteria?Cryptocurrency is a once-in-a-lifetime investment opportunity based on a revolutionizing technology and looking away on account of half-tru...
30 Sep, 2021, 03.34 PM IST
Bitcoin drops below $30,000 for first time in 5 monthsBitcoin sank nine percent to as low as $29,624, attaining a level last seen in January, with analysts citing Chinese efforts to crack down ...
22 Jun, 2021, 06.27 PM IST
Bitcoin edges back from $40,000 as volatility lingersBitcoin jumped as much as 6.5% to $40,904, before easing back to around $38,797 at 11:45 a.m. Eastern time. Smaller coins, which tend to ri...
26 May, 2021, 10.08 PM IST
Elon Musk's Bitcoin turnaround pleases some Tesla investorsThe Tesla boss' tweets, which had helped drive some of the gains in bitcoin in recent months, this week triggered a 17% slide in the value ...
15 May, 2021, 09.26 AM IST
Elon Musk decries bitcoin's 'insane' energy use after Tesla U-turnElon Musk tweets a graph of bitcoin's power consumption, saying "Energy usage trend over past few months is insane." This, after he earlier...
13 May, 2021, 08.09 PM IST
Elon Musk wants clean power. But Tesla's carrying bitcoin's dirty baggageThe digital currency is created when high-powered computers compete against other machines to solve complex mathematical puzzles, an energy...
10 Feb, 2021, 11.25 PM IST
Elon Musk wants clean power. But Tesla's carrying bitcoin's dirty baggageThe digital currency is created when high-powered computers compete against other machines to solve complex mathematical puzzles, an energy...
10 Feb, 2021, 05.04 PM IST
Bitcoin can push global warming above 2 degrees Celsius by 2033: Study"Bitcoin is a cryptocurrency with heavy hardware requirements, and this obviously translates into large electricity demands," said Randi Ro...
30 Oct, 2018, 02.23 PM IST
Bitcoin’s wild volatility could creep into other marketsBitcoin’s energy consumption stems partly from the fact that it’s a proof-of-work cryptocurrency.
27 Dec, 2017, 11.05 AM IST