Renewable Energy

Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)
New York State Assembly Passes Bill Blocking New Crypto Mines That Use Non-Renewable Power
The bill will impose a two-year moratorium on new crypto mining firms that use a carbon-based energy source. Existing facilities aren't affected, nor are any that tap renewabl...
Cryptocurrency mining rigs sit on racks. (James MacDonald/Bloomberg via Getty Images)

Bitcoin mining rigs (Shutterstock)
Marathon Digital to Move Mining Rigs From Coal-Powered Montana Site
The company wants its bitcoin mining operations to be 100% carbon neutral by the end of the year.
Bitcoin mining rigs (Shutterstock)

A bitcoin mining farm. (Marko Ahtisaari/Flickr)
Iris Energy’s December Hashrate Rises 14% as Revenue Falls Again
The Australian miner continues to build out mining capacity in Canada.
A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Markets Daily Podcast Cover
Crypto News Roundup for Nov. 16, 2021
With crypto markets dipping into the red and a closer look at bitcoin’s energy footprint, CoinDesk’s Markets Daily is back with the latest news roundup.
Markets Daily Podcast Cover

(Nessi Gileva/Unsplash)
Kazakhstan’s Crypto Miners Face New Regulations After Contributing to Power Shortages
Crypto mining could help push the country’s transition into green energy.
(Nessi Gileva/Unsplash)

Navajo bitcoin miners (Compass Mining, modified by CoinDesk with permission)
Why Shouldn’t the Navajo Mine Bitcoin?
Bitcoin promises a sovereignty the Navajo and other First Nations have always been promised but have never received.
Navajo bitcoin miners (Compass Mining, modified by CoinDesk with permission)

CoinDesk - Unknown
Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says
The minister and local mining industry see renewables as a solution to Kazakhstan’s energy woes.
CoinDesk - Unknown

CoinDesk - Unknown
Kazakh Mining Hosting Firm Enegix Looks for Energy Autonomy Through Hydropower
Kazakhstan has seen severe electricity shortages, and local miners are facing power rationing.
CoinDesk - Unknown

(Ashes Sitoula/Unsplash)
Carbon Offsets Are a Distraction for Crypto
Companies like BitMEX shouldn’t follow the corporate trend in buying these financial assets and build renewables instead.
(Ashes Sitoula/Unsplash)

Markets Daily Podcast Cover
Crypto News Roundup for Oct. 26, 2021
With some traders starting to rotate profits into altcoins and a look at what two nuclear scientists have to say about how to make bitcoin mining more environmentally friendly...
Markets Daily Podcast Cover