SEC Sues Geosyn Mining for $5.6M Investor Fraud
The SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.
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The SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.
The Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities.
Bitcoin uses half the energy that is wasted every year in the U.S.
Jed McCaleb, one of the co-founders of Ripple, announced the start of his new space enterprise named Vast.
The environmental impact of bitcoin mining has long been a topic of great debate in the community.
Bitcoin is considered an energy-demanding network. This has brought negative attention from politicians, regulators, institutions, and individuals that claimed the ...
“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.
The site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining.