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...
(Insert compelling image here: Juxtapose a beautiful shot of Seneca Lake with a grimmer image of the Greenridge facility. Imagine a two-minute video capturing the beauty of the lake, and interviewing residents worried about their drinking water.Picture this—having to turn on your tap, only to not know if the water...
Residents around Seneca Lake have been sounding the alarm for their drinking water. Their worries follow an explosion and fire at the Greenridge Generation bitcoin mining facility. The bitcoin mining facility in the former coal power plant. It may be a small facility, but it’s located just outside of Dresden...
Greenidge Generation fossil-fueled Bitcoin mining operation, Yates County, New York. Yet the damage it has caused to Seneca Lake’s environment has become the focus of an extreme controversy. Local residents, environmental advocates and state officials have long trumpeted the operations of the plant as detrimental. Some of these operations even...
The battle over the environmental effects of cryptocurrency mining is getting hot. Currently, in New York State, ambitious climate goals are running up against the energy-intensive needs of crypto operations. Greenidge Generation, a gas-fired power plant that has recently pivoted to primarily focus on Bitcoin mining, sits in the middle...
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...
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...
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...
Bitcoin, the world’s first and most successful cryptocurrency, has transformed the landscape of digital finance, but its environmental consequences are raising alarm bells. The implications of bitcoin mining’s energy consumption are dire and alarming. Its massive ecological footprint, creation of e-waste, and overconsumption of natural resources have left environmentalists rattled....
Bitcoin, the first and most well-known of cryptocurrencies, has changed world finance forever, but its concerns about environmental impact are quickly gaining attention. LeeChiaJian, a keen observer of the crypto world, explores the hidden environmental consequences of Bitcoin mining, offering a balanced perspective and actionable insights.The Alarming Energy Consumption of...
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...
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...
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 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....
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...
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...
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...
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...