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Electricity

Kentucky is looking into proposed contracts that would give discounted electricity to crypto miners. (Getty Images)
Policy
Crypto mining
Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners
Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents.
Kentucky is looking into proposed contracts that would give discounted electricity to crypto miners. (Getty Images)
By Nelson Wang
Dec 5, 2022 at 8:25 p.m. UTC
Dec 5, 2022
Crypto MiningInvestigationKentuckyElectricityelectricity consumption
The EU executive wants member states to get ready to block crypto mining this winter. (Christian Lue/Unsplash)
Policy
Regulations
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 executive wants member states to get ready to block crypto mining this winter. (Christian Lue/Unsplash)
By Jack Schickler
Oct 18, 2022 at 1:33 p.m. UTC
Oct 18, 2022
RegulationsEnergyElectricityMiningEUEU Commission
Paraguay wants to charge higher electricity rates for crypto miners. (Eliza Gkritsi/CoinDesk)
Policy
Electricity
Paraguay’s Electricity Authority Requests Higher Rates for Crypto Miners, Partial Veto of Mining Legislation
The legislature last month approved a bill regulating crypto mining and trading in the country.
Paraguay wants to charge higher electricity rates for crypto miners. (Eliza Gkritsi/CoinDesk)
By Andrés Engler
Aug 4, 2022 at 8:05 p.m. UTC
Aug 4, 2022
ElectricitySouth AmericaCongressMining
(Rachel Sun/CoinDesk)
Consensus Magazine
Opinion
Need a Use Case for Decentralization? Start With Energy
Amid the bear market, the crypto/blockchain industry needs to demonstrate how it can be useful. The dysfunctional energy system is a good place to make a mark, says CoinDesk's...
(Rachel Sun/CoinDesk)
By Michael J. Casey
Jul 8, 2022 at 3:22 p.m. UTC
Jul 8, 2022
OpinionEnergyElectricityMoney ReimaginedNewsletters
A BitCluster crypto mining site in Khanty-Mansiysk, Russia. (BitCluster)
Consensus Magazine
Russia
Russian Crypto Miners Brace for Sanctions Fallout Amid Ukraine Conflict
The ruble’s fall has made mining more profitable in Russia for now, but parts and shipping costs are set to rise.
A BitCluster crypto mining site in Khanty-Mansiysk, Russia. (BitCluster)
By Eliza Gkritsi
Mar 16, 2022 at 4:22 p.m. UTC
Mar 16, 2022
RussiaMiningBitcoin MiningUkrainePolicyRegulationElectricitySanctions
Lake Baikal in Siberia's Irkutsk Oblast. (Image credit: Ekaterina Sazonova)
Policy
Russia
Electricity Consumption in Siberian Region Rises Fourfold Due to Crypto Mining
The Russian government is working on new crypto mining regulation.
Lake Baikal in Siberia's Irkutsk Oblast. (Image credit: Ekaterina Sazonova)
By Eliza Gkritsi
Feb 3, 2022 at 11:52 a.m. UTC
Feb 3, 2022
RussiaMiningBitcoin MiningEnergyElectricity
Belarus capital Minsk
Policy
Belarus
Belarus Introduces Special Electricity Tariff for Miners
Crypto miners are now being classified in the same category as data centers.
Belarus capital Minsk
By Anna Baydakova
Oct 15, 2021 at 11:23 a.m. UTC
Oct 15, 2021
BelarusMiningElectricity
Mining machines (GreenBelka/Shutterstock)
Policy
Russia
Russian Energy Minister Says Miners Should Pay More for Electricity
Using energy at retail rates for crypto miners is unacceptable, Nikolay Shulginov said.
Mining machines (GreenBelka/Shutterstock)
By Anna Baydakova
Oct 14, 2021 at 7:48 p.m. UTC
Oct 14, 2021
RussiaMiningElectricity
Crypto mining machines
Finance
Bitcoin
Bitcoin Mining Power Consumption Exceeds 2020: Report
Miners are on track to use 91 TWh this year.
Crypto mining machines
By Sheldon Reback
Sep 13, 2021 at 10:53 a.m. UTC
Sep 13, 2021
BitcoinMiningElectricity
elena-mozhvilo-eA32JIBsSu8-unsplash
Markets
Bitcoin
Bitcoiners' Approach to the Climate Change Fight Isn't Working – This Might
Crypto will cede the climate debate to others until it starts a new conversation.
elena-mozhvilo-eA32JIBsSu8-unsplash
By Brady Dale
May 17, 2021 at 4:27 p.m. UTC
May 17, 2021
BitcoinOpinionClimate ChangeElectricityNewslettersThe Node