Bill Maher says crypto mining uses 8% of world’s electricity — he’s wrong
Maher was lambasted online after he broadcast the false crypto figures on TV and to nearly 12 million followers on social media.
Read more (2 min) →7 stories, newest first
Maher was lambasted online after he broadcast the false crypto figures on TV and to nearly 12 million followers on social media.
Read more (2 min) →A popular short-seller has released a series of scathing allegations about one of the largest publicly traded bitcoin miners, Hut 8.
Ryan Jaenicke and Tina Fehlhaber are accused of offering an electricity company worker a $5,000 bribe to help upgrade their bitcoin mine.
Social media users are split on the idea of a Brooklyn spa using the excess heat produced by its bitcoin mining rigs to heat its pools.
Tether is following in the footsteps of Bitfinex operator iFinex, which has previously invested in bitcoin mining efforts led by Blockstream.
Green bitcoin miner Iris Energy saw its share price plummet after it admitted that it was unable to repay more than $107M to US creditors.
Bitcoin miners' revenue is sitting at around $13.53 million every day but they're being forced to sell more than they mine to cover costs.