Bitcoin mining consumes tremendous amounts of electricity. The SEC’s blessing of exchange-traded funds could boost that further and stress the power grid in Texas, where much mining is based, says Ben Hertz-Shargel of Wood Mackenzie.
The tech startup’s ambitions suffered from internal strife, regulatory hurdles and more. Bloomberg reporter Sarah McBride covered the twists and turns on its route to failure.
Biquan Luo’s company makes a mask to help adjust users’ sleep schedules. The industry’s future is in gadgets that improve sleep, not just track it, she says.
The biggest consumer tech event of the year is underway in Las Vegas. Gary Shapiro, head of the organization behind CES, says AI, health care and sustainability are front and center at this year’s showcase.
