Energy Financial News

08.05 / 12:01

Blockchain Energy AI Predicts China Will Ban High-Energy Blockchains

China, known for its significant share of the global cryptocurrency mining industry, has been grappling with the environmental ramifications of its burgeoning blockchain sector.

01.07 / 05:57

COST UPS Digital Energy Bitcoin Paraguayan Bitcoin Miners: New Energy Tariffs Will Kill Our Industry

A newly formed association of Paraguayan Bitcoin (BTC) and altcoin miners says new energy tariffs could kill off the industry.

23.04 / 19:59

Energy Ground-breaking Project in Finland Uses Bitcoin Mining to Heat Homes

A new project in Finland is turning energy from Bitcoin mining into energy to heat homes.

29.02 / 23:43

Energy crypto mining Bitcoin Infrastructure Providers Warn of ASIC Scarcity for Bitcoin Miners

Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April.

09.02 / 20:25

Energy crypto mining Blockchain Industry Groups Call EIA’s Moves on Bitcoin Mining as ‘politically Motivated’

Two blockchain industry groups have called the US Energy Department’s mandatory data collection from crypto mining operators as “politically motivated campaign.”

20.12 / 18:45

Technology Energy companies Bank of America Cash Recession equity Fund managers 'most upbeat' since January 2022 but growth expectations remain pessimistic

Growth expectations among fund managers remained pessimistic, BofA found, although improved in the December survey from net 57% to 50% expecting a weaker economy.

07.12 / 10:41

Energy ABU DHABI Carbon Trading UAE Tech Researchers Roll Out Lightweight Blockchain for Carbon Trading

The Technology Innovation Institute in Abu Dhabi has launched a blockchain geared towards tracking carbon emissions and facilitating trading amid growing climate concerns.

06.12 / 09:21

Energy inflation UK Interest rates Healthcare Recession FTSE 100 2024 Investment trust managers bullish on information technology as top performing sector in 2024

Over a five-year horizon, 44% of fund managers said Information Technology would be the top performing sector.

28.11 / 05:30

Energy renewable energy Energy Consumption Bitcoin Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper

Bitcoin mining is a “critical tool” for clean energy and balancing the grid, according to a new working paper penned by Bitcoin advocates and the former president of ERCOT, the operator of Texas’ electrical grid.

16.11 / 06:05

business Adoption Binance Energy Oil and Gas Joint Venture Binance to launch Thai exchange in joint venture with local energy giant

Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development.

30.10 / 11:33

Adoption Energy United Nations renewable energy Energy Consumption Bitcoin Bitcoin price and energy use for mining highly correlated: UN report

Update: This article has been updated to highlight that the UN report referenced the Mora et al. 2018 paper, which overestimated the emissions of mining operations by including unprofitable mining rigs in their analysis.

23.10 / 15:37

UPS Dash litecoin RIG Energy crypto mining Bitcoin Crypto Mining Firms Continue to Focus on Efficiency as Another Energy Crisis Looms

Crypto mining companies have ramped up efforts to maximize efficiency and reduce their environmental impact amid concerns that the Israel-Hamas war could lead to another winter energy crisis.

05.10 / 01:17

business Adoption Mining Energy renewable energy Bitcoin Riot Marathon Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September

Bitcoin miners Marathon Digital, Riot Platforms, and CleanSpark recorded strong Bitcoin production increases in September, leading to a small boost in share prices on Oct. 4.

21.09 / 09:17

Sustainability Energy Bitcoin Bitcoin’s Sustainable Energy Mix Over 50%, Carbon Footprint Compares Better Than Other Industries: Bloomberg Report

Over the years, Bitcoin's (BTC) energy consumption data which posed serious concerns from several quarters has become more positive toward sustainability.

08.09 / 18:43

markets Energy Energy Consumption Bitcoin Bitcoin Price analyst Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst

Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take.

28.07 / 13:41

business Blockchain Technology Environment Energy Tech Podcast The Agenda podcast chats with Energy Web on how to fight climate change with help of blockchain

This summer, parts of the United States are wilting under a multi-month stretch of sweltering heat and data suggests that summer temperatures will continue to creep up in the coming years. The planet is on what seems to be a pretty clear path to soon reaching 1.5 degrees Celsius of warming for the first time since preindustrial times, a milestone number that the world’s countries pledged to try to remain under in the 2015 Paris Agreement.

19.07 / 17:27

Mining Analysis Environment Opinion Energy Bitcoin Bitcoin mining is becoming more environmentally friendly

Bitcoin (BTC) mining’s environmental impact has always been a controversial topic. On the one hand, critics emphasize that securing the Bitcoin network takes more power than some whole countries’ annual electricity consumption. On the other hand, much of the crypto community argues that it is a necessary activity that has enabled the Bitcoin blockchain to remain extremely resilient against external attacks with an almost 99.99% uptime throughout over 14 years of its history.

03.06 / 13:51

business Mining regulation Energy renewable energy Taxes Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?

Bitcoin (BTC) miners in the United States can breathe a sigh of relief after a proposed tax on crypto mining did not make it into a bill to raise the U.S. debt ceiling that appears set to pass.

11.05 / 09:47

Blockchain Ethereum Energy EY Announces Ethereum-Based Carbon Credit Traceability Platform – How Does it Work?

One of the 'Big Four' accounting firms Ernst & Young (EY) announced that its Ethereum (ETH)-based platform for enterprises to track their carbon emissions and carbon credit traceability is now available in beta version.

02.05 / 17:03

Ethereum Adoption regulation Energy inflation Bitcoin The average person’s wealth will be 'completely destroyed by inflation,' says Arthur Hayes

The majority of people will have their wealth progressively eaten away by the devaluation of money, according to Arthur Hayes, the co-founder and former CEO of crypto derivatives exchange BitMEX.

19.04 / 18:05

business Mining Energy Crypto firm Mawson sells Texas sites for $8.5M ahead of vote on anti-mining bill

Crypto mining firm Mawson Infrastructure Group will be exiting Texas following an $8.5-million sale of its local subsidiary as well as lease agreements and contracts related to operating in the state.

Energy Financial News

popular questions about Energy

What is Energy and why is it relevant?

Where can I find the latest updates on Energy?

How can I verify the accuracy of information on Energy?