Tricks of the TradeTrump's Second TermMy EconomyI've Always Wondered ...

Loading...

0:00
0% played
Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Stories Tagged as

Crypto mining

The federal government wants to know how much electricity crypto uses. Crypto firms aren't happy.

by Henry Epp
Feb 5, 2024
The feds want data from crypto miners. The miners may file suit to block the request.
Crypto mining consumes as much as 2% of all electricity in the U.S., according to the Energy Information Administration. Above, a bitcoin mining operation in Rockdale, Texas.
Mark Felix/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Sam Bankman-Fried Trial

Crypto mining hits a (very) rough patch

by Lily Jamali
Jan 13, 2023
The fall in the price of bitcoin combined with a surge in energy prices have made this a tough year for businesses that mine crypto.
Above, fans cool servers at a bitcoin mining facility in New York. Surges in energy prices have boosted the costs associated with bictoin mining.
Geoff Robins/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE