Energy


Finance

CEO of Canadian Utility That Proposed Banning New Power to Crypto Miners Exits

Hydro-Québec CEO Sophie Brochu will officially step down in April after three years leading the company.

(Aoyon Ashraf/CoinDesk)

Finance

Europe’s Last Bitcoin Mining Refuge Is No Longer Viable

Miners moved to northern Norway and Sweden to avoid high energy costs. Now, power prices are surging there, too.

Retired Bitmain ASICs at Kryptovault's facility in Norway. (Eliza Gkritsi/CoinDesk)

Policy

British Columbia Imposes 18-Month Moratorium on New Crypto Mining Operations

This is the third Canadian province to limit the industry's growth as it looks to preserve capacity for communities.

Vancouver, British Columbia (Alejandro Luengo/Unsplash, edited by CoinDesk)

Policy

ECB Official Says Energy-Intensive Crypto Should Be Banned

Fabio Panetta also said that investors have been caught in a "bubble."

Fabio Panetta talks to European Central Bank President Christine Lagarde. (Thierry Monasse/Getty Images)

Finance

Jack Dorsey-Backed East African Bitcoin Miner Gridless Raises $2M

Dorsey’s Block and bitcoin venture-capital firm Stillmark co-led a seed funding round.

(da-kuk/E+/Getty Images)

Policy

Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining

The local heavily indebted public utility has received up to 4.6 GW of requests from miners looking to connect to the grid.

A panoramic view of Winnipeg in Manitoba, Canada. (Bob Linsdell/Wikimedia Commons)

Policy

Los países europeos deben estar listos para bloquear la minería de criptomonedas, según Comisión Europea

El órgano ejecutivo de la Unión Europea también quiere que las blockchains exhiban indicadores de eficiencia energética y que se acaben las exenciones impositivas a las criptomonedas.

The EU flag (Christian Lue/Unsplash)

Policy

EU Countries Must Be Ready to Block Crypto Mining, Commission Says

The European Union's executive arm also wants blockchains to show energy-efficiency labels and to end crypto tax breaks.

The EU flag (Christian Lue/Unsplash)

Policy

France to Explore Crypto Tax Treatment Next Year

The self-styled crypto hub won’t just copy and paste traditional finance norms, but Bruno Le Maire is also worried about energy consumption

Bruno Le Maire wants France to be a crypto hub (Thierry Monasse/Getty Images)