energy consumption

Bitcoin's Dark Side: Unpacking the UK's Illegal Mining Bust

Bitcoin's Dark Side: Unpacking the UK's Illegal Mining Bust

Bitcoin, the first cryptocurrency created, has changed the landscape of digital currencies forever. Its truly innovative technology has a false promise that comes with a hidden cost and that’s something to pay attention to. While many discuss the potential financial gains, Tran Quoc Duy believes it's crucial to expose the...

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UK Cracks Down on Illegal Bitcoin Mine Amidst Regulatory Revision

UK Cracks Down on Illegal Bitcoin Mine Amidst Regulatory Revision

UK authorities recently moved to shut down an illegal Bitcoin mining operation in Bradford. This operation represents both the massive energy footprint of cryptocurrency as well as the regulatory challenges it poses. Their operation was based in an industrial estate, but they had been illegally and dangerously stealing electricity at...

Bitcoin Mining
Is Bitcoin Mining's Dirty Secret Finally Out in the Open?

Is Bitcoin Mining's Dirty Secret Finally Out in the Open?

The recent bust of an illegal Bitcoin mining operation in Bradford, England, hidden away in a nondescript warehouse, is more than just a local news story. It's a stark reminder of the dark underbelly of the crypto boom – a reality we can no longer afford to ignore. This isn’t...

Our Takes
Lucky or Sustainable? The Real Cost of This Solo Bitcoin Mining Win

Lucky or Sustainable? The Real Cost of This Solo Bitcoin Mining Win

Just one single miner struck lucky their way, mined a Bitcoin block and took $350,000 home. Cue the celebrations, right? Hold on a second. Definitely watch the video—the story is pretty amazing. Let’s step back for a second and look at the larger trend. Is this a flash of brilliance,...

Our Takes
FIND MINING's 42 BTC Haul Is It Sustainable?

FIND MINING's 42 BTC Haul Is It Sustainable?

FIND MINING just recently accomplished something that has never been done before – 42 Bitcoin mined in a day! That's roughly $4.48 million. Headlines are screaming "record profits!" Hold your horses before you start fantasizing about cloud mining funded Lambos, though. Now is the time to demand better and to...

Our Takes
Seneca Lake Oil Spill: Is Bitcoin Mining's Risk Worth the Reward?

Seneca Lake Oil Spill: Is Bitcoin Mining's Risk Worth the Reward?

The recent oil spill at the Greenridge Generation bitcoin mining facility near Seneca Lake has reignited a crucial debate: are the economic benefits of this industry truly worth the potential environmental cost? We have to be willing to have an honest and open discussion about that.Economic Boom Or Environmental BustLet's...

Our Takes
Yates County Crypto Mine: Is Seneca Lake at Risk?

Yates County Crypto Mine: Is Seneca Lake at Risk?

The fight against an unsustainable crypto mine at Greenidge Generation on the banks of Seneca Lake in Yates County, New York is picking up. This ongoing debate highlights important issues regarding environmental justice and the long-term viability of cryptocurrency mining. At KnowingCoin.com, we focus on what really matters. We lay...

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Bitcoin Mining in 2025: Will It Survive Environmental Scrutiny?

Bitcoin Mining in 2025: Will It Survive Environmental Scrutiny?

Bitcoin miners do much more than just mine new bitcoins. It’s since evolved into a large market of competing interests focused on ensuring the legitimacy of – and subsequently appending – new transactions to the blockchain. By 2025, it’s less about building new infrastructure and more about stabilizing energy grid...

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Bitcoin's Environmental Impact Sparks Global Regulatory Scrutiny

Bitcoin's Environmental Impact Sparks Global Regulatory Scrutiny

Bitcoin mining’s tremendous energy appetite and carbon footprint is under growing scrutiny from regulators and environmental advocates across the globe. The industry now uses more electricity than 46 U.S. states, at least 150 TWh per year and counting. Most of the increase in carbon emissions has been caused by an...

Bitcoin Mining
Bitcoin's Green Mirage Why Promises of Eco-Friendly Mining Fail

Bitcoin's Green Mirage Why Promises of Eco-Friendly Mining Fail

You've heard the promises: Bitcoin, the decentralized digital currency, is going green. As a result, miners are starting to adopt renewable energy. Digging deep, due to new technologies the mining process is more efficient and pretty soon Bitcoin will actually be good for the environment. Sounds great, right? Let's cut...

Our Takes
ETH to the Moon? $2.9B Inflows & Robinhood Fuel Ethereum Rally

ETH to the Moon? $2.9B Inflows & Robinhood Fuel Ethereum Rally

Ethereum seems to be going through a major influx of interest and investment, resulting in a breakout price movement. There are at least five interconnected reasons for this rally. Substantial institutional inflows, Robinhood’s recent foray into Layer 2 solutions, and shifting supply dynamics are all major factors. This article breaks...

Ethereum's $2.9B Institutional Flood: 3 Reasons Why It's Just the Beginning

Ethereum's $2.9B Institutional Flood: 3 Reasons Why It's Just the Beginning

Okay, let's be real. You've probably heard the buzz: Ethereum's on the rise. This isn't just another pump-and-dump story. We’re not just talking about a change, we’re talking about a large fundamental shift, a tectonic plate movement in the financial landscape. Put aside all the fancy charts and graphs for...

Solana ETF: Is the SEC Playing Favorites With Ethereum?

Solana ETF: Is the SEC Playing Favorites With Ethereum?

Okay, let's talk crypto. You've seen the headlines: Solana ETF launched, but...crickets? The hard underperformance in relation to Ethereum is raising a lot of eyebrows. Truthfully, it ought to enrage you. Is the SEC slightly, or perhaps less so, shading Solana, while golden-childing Ethereum? It sure feels that way.SEC's Stance:...

Robinhood's Ethereum Bet: Genius Move or Risky Gamble?

Robinhood's Ethereum Bet: Genius Move or Risky Gamble?

Robinhood’s taking a similar plunge into Ethereum—with their own Ethereum Layer-2 network. Institutional investors are pouring billions into ETH. Almost a third of all Ether is currently locked, creating a potential supply squeeze as we described here. So it’s all rosy futures and unicorns for the Boomer generation, yeah? Maybe....

Staking's Risky Future: Why Decentralization Might Be a Mirage

Staking's Risky Future: Why Decentralization Might Be a Mirage

We're told staking is the future. A future of trustless banking, enhanced privacy, and generating crypto yield. How do we know this utopian dream isn’t just a very well masked desert mirage twinkling in the distance? I think it's time we acknowledge the elephant in the digital room: staking, as...

3 Reasons Solana's ETF Launch Failed to Beat Ethereum (So Far)

3 Reasons Solana's ETF Launch Failed to Beat Ethereum (So Far)

Okay, let's be real. Almost everyone assumed Solana would moon after the ETF launch. I mean, a Solana ETF! It makes this clunking sound, like a rocket ship poised for lift-off. Thus far, the story the numbers are telling is the exact opposite. Ethereum is still king. Why? Here’s my...

Future of Crypto Staking: DVT, Rainbow Staking & More!

Future of Crypto Staking: DVT, Rainbow Staking & More!

Cryptocurrency staking is undergoing a historic sea change. New approaches like Distributed Validation Technology (DVT) and Rainbow Staking are paving the path forward. These innovations are more than just incremental progress. They represent an important step toward a more decentralized, accessible, and resilient staking ecosystem. This article looks in depth...

Crypto Staking's Wild Future: 3 Ways to Party with Your Profits!

Crypto Staking's Wild Future: 3 Ways to Party with Your Profits!

Forget boring bank accounts! Staking crypto is on the verge of blowing up and you’ll want to be in place to win big when it does. Think of it like this: your crypto is throwing a party, and you get paid to attend. It’s no longer enough to simply HODL—the...