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Cryptocurrency mining

With "the merge," ethereum tries to set a greener example for crypto

by Lily Jamali
Sep 15, 2022
The Ethereum Foundation says the massive software upgrade means validating transactions will require 99.95% less energy than before.
Jack Taylor/Getty Images
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Sanctions and strong ruble challenge Russia's crypto mining industry

by Levi Bridges
Aug 9, 2022
A cold climate and cheap energy have made Russia a destination for bitcoin mining. But new factors confront its cryptocurrency efforts.
The strength of the Russian ruble has made it costly to mine cryptocurrency there. Above, a bitcoin mining center in Kirishi, Russia.
Olga Maltseva/AFP via Getty Images
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New York state awaits governor's decision on partial crypto mining moratorium

by Lily Jamali
Jun 23, 2022
The 2-year moratorium prevents the repurposing of fossil-fuel burning power plants into crypto mining operations.
A large metal tube juts into Seneca Lake. The Greenidge Generation crypto mining facility uses the tube to take in water to cool its equipment. The warmer water is then discharged back into the lake.
Lily Jamali/Marketplace
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