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Biden Administration Pushes for Punitive Tax on Crypto Mining
Troy Cross, professor of Philosophy and Humanities at Reed College and Fellow at Bitcoin Policy Institute, joins "All About Bitcoin" to discuss the energy usage of bitcoin mining and the White House's proposal to push for a punitive tax on crypto mining tax.
Intel Ending Production of its Bitcoin Mining Chip Series
Chipmaking heavyweight Intel (INTC) is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk on Tuesday. "The Hash" panel discusses the latest blow to the bitcoin mining community and the broader implications for the tech industry.
Gridless Bringing Bitcoin Mining to Rural Africa
As part of CoinDesk's Projects to Watch 2023, "The Hash" panel highlights the significance of bitcoin mining firm Gridless extending power to rural Africa.
The Bitcoin Mining Energy Debate
CoinDesk's Chief Insights Columnist David Z. Morris joins "All About Bitcoin" and shares his reaction to The New York Times report on the energy cost of bitcoin mining. Plus, Morris takes a deeper dive into how the Texas power grid works regarding backup electricity.
Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs
The Texas Senate passed a bill that will cap how much bitcoin (BTC) miners can participate in demand response programs, under which they get paid to curtail their operations at times of high energy demand. "The Hash" panel discusses the potential impact on the bitcoin mining community.
Cleanspark Buys Nearly $145M of Bitcoin Mining Rigs to Double Its Hashrate
Crypto miner CleanSpark (CLSK) said in a press release that the firm has bought 45,000 new Bitmain Antminer S19 XPs for $144.9 million, which will almost double its current computing power, or hashrate, once installed. Plus, insights on the latest article from The New York Times that examines the environmental impact of bitcoin mining.
Debate Over the Environmental Impact of Bitcoin Mining Escalates
The New York Times' latest article, "The Real World Costs of the Digital Race for Bitcoin," examines the environmental impact of bitcoin mining operations on electrical energy consumption and pollution. "The Hash" panel discusses the latest report fueling the ongoing bitcoin energy debate.
Future of Bitcoin Mining in Paraguay
Earlier this month, Canadian crypto miner Pow.re secured a contract for 100 megawatts (MW) of power in Paraguay, according to a press release sent to CoinDesk. Pow.re CEO Mike Cohen joins "All About Bitcoin" to discuss the state of bitcoin mining in the country.
Bitcoin Miners Hut 8, U.S. Bitcoin Corp. to Merge
Shares of Hut 8 Mining (HUT) continue to slide after the bitcoin mining firm said last week it agreed to merge with U.S. Bitcoin Corp. Hut 8 Mining CEO Jaime Leverton and US Bitcoin Corp. founder and President Asher Genoot discuss how the merge will benefit both companies as the crypto winter continues. Plus the implications for decentralization and how to ensure profitability in bitcoin mining.
Bitcoin Miners Get Breathing Space as Sliding Natural Gas Price Provides Cost Relief
Bitcoin miners, battered by the recent bear market and high energy prices for months, are getting some relief thanks to natural gas prices that have fallen about 75% since August. CoinDesk's Eliza Gkritsi spoke to industry insiders, saying the price of natural gas is expected to stay low in the short to medium term, providing some wiggle room for miners to lower their operating costs. "All About Bitcoin" host Christine Lee presents "The Chart of The Day."
