Mining
The Debate on Whether or Not China’s Crypto Mining Ban Is Worsening Bitcoin’s Environmental Impact
A new study published in Joule claims that bitcoin’s environmental impact has worsened since China’s 2021 ban on cryptocurrency mining because miners moved their operations to countries with less renewable energy. “The Hash” dissects this report, comparing its findings with statistics from the Bitcoin Mining Council while also considering the human rights value of uncensorable money as seen in the Russia-Ukraine crisis.
Bitcoin Mining Can Generate Significant Tax Revenue
As part of CoinDesk’s Tax Week coverage, Research Analyst George Kaloudis shares insights on how the IRS can collect tax revenue from crypto miners.
Stronghold Digital Mining CEO Responds to Sen. Warren’s Letter Inquiring About Energy Use
As rising concerns about bitcoin’s carbon footprint have called for more environmental, social, and governance (ESG)-friendly mining, Sen. Elizabeth Warren wrote to several miners, including Stronghold Digital Mining, in January inquiring a report on energy usage.
Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Partially Restored
The hashrate of major bitcoin mining pools neared recovery Monday. This comes days after computing power on the network fell following an internet blackout in Kazakhstan, the world’s second-largest bitcoin miner. “The Hash” team discusses the latest development in the bitcoin mining community and what it could speak to about the resiliency of bitcoin.
8 Trends That Will Shape Bitcoin Mining in 2022
CoinDesk’s first-ever year-end survey of crypto miners reveals a competitive but mature business with the potential for merger activity to accelerate. CoinDesk Managing Editor of Technology Christie Harkin breaks down the findings, sharing insights into the top trends that will shape the bitcoin mining industry in 2022.
China Reportedly Deploys Offensive Cyber Attacking Tool Against Ethereum Mining Pool
China’s "Great Cannon," an offensive cyber attacking tool capable of taking down websites the Chinese Communist Party (CCP) deems hostile to the country's interests, is now allegedly targeting Ethereum mining pool Flexpool. "The Hash" group discusses the latest crackdown on mining operations, confirming crypto is firmly in China's regulatory crosshairs.
Could a ‘Santa Claus Rally’ Happen This Year?
Following a week of lower lows for bitcoin, could we expect to see a “Santa Claus Rally” this year? CoinDesk’s Brad Keoun weighs in on his crypto markets analysis and outlook. Plus, tech editor Christie Harkin discusses the latest on bitcoin’s hashrate as it rebounds to levels not seen since before China’s mining crackdown.
