Challenges

The energy footprint of Bitcoin mining is off the charts. The already gargantuan energy consumption of the process to mint new coins of the cryptocurrency more-than doubled over the course of 2023 on the back of strong prices. The…

In the Bitcoin mining industry, Iris Energy has recently reported significant growth in its operations. The firm on Nasdaq in EH/s has advanced its productivity capacity to 6 exahash per second. This trend comes in a targeted…

In response to accusations from JCapital Research, Bitcoin mining firm Hut 8 has denied claims of misconduct. On January 24, the company issued a statement refuting the allegations in JCapital’s January 18 report, which branded the…

Photo by Eduardo Munoz-PoolGetty Images In a strong response reflecting Brandolini's Law, Margot Paez, a distinguished fellow at the Bitcoin Policy Institute, shatters the facade of the United Nations University’s recent study on bitcoin…