The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency miners to disclose data related to how much electricity they consume. The so-called “Emergency Survey” marks another attempt by the U.S….
The International Energy Agency (IEA) has delivered a dire warning, revealing that cryptocurrencies and artificial intelligence (AI) currently account for nearly 2% of the world’s total electricity consumption. However, this figure is poised…
This piece is an entirely and deeply serious parody. Bitcoin mines aren’t just thirsty, it turns out they’re starving for air, too. The air consumption tied to a single Bitcoin transaction, on average,…
While electricity is an integral part of our daily lives, some modern technologies do not require electricity to function. These technologies rely on other energy sources, such as mechanical energy, solar energy, or…
The Québec government’s utility company, Hydro-Québec, has requested the reallocation of 270 megawatts of energy set aside for cryptocurrency mining, once again signaling another Canadian government entity’s desire to curtail or modify bitcoin…