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U.S. Bitcoin Mining Consumed 50 Billion kWh of Energy in 2022
By Francisco Pires published
The White House's recently-published DAME tax proposal report brings to light estimates showing that national Bitcoin mining consumed more power than all of the United State's computers combined.
Biden Budget Proposes 30% Electricity Tax on Cryptomining
By Brandon Hill published
The Biden Administration wants to crack down on high energy consumption from cryptomining operations.
Nvidia CTO: Cryptocurrency Adds Nothing Useful to Society
By Anton Shilov published
GPU processing power can be used for much more useful things than mining cryptocurrencies, Nvidia CTO says.
Linus Tech Tips YouTube Channel Hacked to Promote Crypto Scams
By Mark Tyson published
Linus Tech Tips was hacked earlier today, with channel names and branding messed up, and video promoting crypto scams published. Affected LTT channels are currently all offline.
New Wi-Fi 7 Cryptomining 'TP-Link ASIC' Router Scam Claims to Mine Faster Than RTX 4090 (Updated)
By Zhiye Liu published
TP-Link ASIC has announced the company's new NX31 miner router that delivers hash rates up to 31.2 TH/s.
Secret Crypto Mine in School Crawl Space Used $17,500 in Electricity
By Sarah Jacobsson Purewal published
A former employee of Cohasset, Ma. has been accused of setting up an illegal crypto mining operation in the crawl space of a public high school.
Hive Deploys Intel's Bitcoin Chips, Earns Millions by Lowering Power Use
By Anton Shilov published
Hive lowers power use, sells energy back to grid, earns profit.
1,000 Cryptocurrency Tokens Met Their Demise in 2022
By Francisco Pires published
The number of listed and actively traded cryptocurrencies saw its strongest reduction ever this year, with around 1,000 different cryptocurrency tokens becoming barren lands of inactivity.
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