Putin fears crypto mining could cause energy shortages in Russia – POLITICO
New enterprises and residential districts will face electricity shortages if cryptocurrency mining farms take over all the free energy capacity,...
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EU Backs Competitiveness Push, but Divisions Persist
By Philip Blenkinsop and Nette NoestlingerBRUSSELS (Reuters) -European Union leaders agreed to reforms on nine fronts on Thursday to revitalise the bloc's economy and help it catch the United States and China in the global tech race, but still exposed differences on freeing up the money required to do so.Leaders first heard from former Italian Prime Minister Enrico Letta, tasked with assessing the shortfalls of the EU single market, who has warned this is the bloc's last opportunity to act.Letta's report said the rise of geopolitical tensions and protectionism threatened...
United Nations says mining cryptocurrency pumps out same amount of carbon as 40BILLION pounds of coal each year
A new report lays bare the environmental impact of Bitcoin mining worldwideThe process needs astronomical amounts of water and landREAD...
Can I pay my taxes with Bitcoin? This is the Swiss canton from which crypto is landing in Europe
Cryptocurrency has been talked about for years. You might even know someone who has invested in Bitcoin or one of...
GlobaleCrypto to Introduce Innovative Cloud Mining
ISTANBUL, TURKEY, Sept. 23, 2023 (GLOBE NEWSWIRE) -- GlobaleCrypto, a global leader in digital asset mining services operating in over...
U.S. Steel Gets New Bid From Esmark. Why Its Stock Is Dropping.
The battle for United States Steel is heating up and investors aren’t sure what to do.Monday afternoon, privately held Pittsburgh-based...
Billionaire rethinking new UK green investment after Sunak backs ‘failed tech’ carbon capture – POLITICO
LONDON — An Australian billionaire says he may step back from investing in U.K. green technologies after the government announced...
Not just Nvidia: UBS lists favorably positioned AI stocks across sectors.
With lawmakers bringing a debt-ceiling deal back from the brink over the holiday weekend, Wall Street looks ready to show...
Man stole nearly $18K in electricity in crypto mining operation
Nadeam Nahas pleaded not guilty in Quincy District Court on Friday Police were tipped off when wiring, duct tape and computers...
U.S., EU work to set up critical-minerals club for EVs, in bid to reduce reliance on China
U.S. and European officials are discussing how to set up a new group of allies that cooperate on procuring minerals...
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