Energy

Vancouver, British Columbia (Alejandro Luengo/Unsplash, edited by CoinDesk)
British Columbia Imposes 18-Month Moratorium on New Crypto Mining Operations
This is the third Canadian province to limit the industry's growth as it looks to preserve capacity for communities.
Vancouver, British Columbia (Alejandro Luengo/Unsplash, edited by CoinDesk)

Fabio Panetta talks to European Central Bank President Christine Lagarde. (Thierry Monasse/Getty Images)
ECB Official Says Energy-Intensive Crypto Should Be Banned
Fabio Panetta also said that investors have been caught in a "bubble."
Fabio Panetta talks to European Central Bank President Christine Lagarde. (Thierry Monasse/Getty Images)

(da-kuk/E+/Getty Images)
Jack Dorsey-Backed East African Bitcoin Miner Gridless Raises $2M
Dorsey’s Block and bitcoin venture-capital firm Stillmark co-led a seed funding round.
(da-kuk/E+/Getty Images)

A panoramic view of Winnipeg in Manitoba, Canada. (Bob Linsdell/Wikimedia Commons)
Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining
The local heavily indebted public utility has received up to 4.6 GW of requests from miners looking to connect to the grid.
A panoramic view of Winnipeg in Manitoba, Canada. (Bob Linsdell/Wikimedia Commons)

(Malte Mueller/Getty Images, modified by CoinDesk)
Why Energy Is the Most (Geo)Political Market, With Tony Greer
The Morning Navigator author explains the last two years of oil, and more.
(Malte Mueller/Getty Images, modified by CoinDesk)

The EU executive wants member states to get ready to block crypto mining this winter.  (Christian Lue/Unsplash)
EU Countries Must Be Ready to Block Crypto Mining, Commission Says
The European Union's executive arm also wants blockchains to show energy-efficiency labels and to end crypto tax breaks.
The EU executive wants member states to get ready to block crypto mining this winter.  (Christian Lue/Unsplash)

Bruno Le Maire wants France to be a crypto hub (Thierry Monasse/Getty Images)
France to Explore Crypto Tax Treatment Next Year
The self-styled crypto hub won’t just copy and paste traditional finance norms, but Bruno Le Maire is also worried about energy consumption
Bruno Le Maire wants France to be a crypto hub (Thierry Monasse/Getty Images)

Kryptovault's CEO Kjetil Pettersen and the mine's technician overlooking several hundred mining rigs working. (Eliza Gkrits/CoinDesk)
Miners Take Off for The Great – and More Profitable – North
Bitcoin mining in most of Europe is now “impossible” as energy costs soar but miners are increasingly seeking refuge in the northern reaches of Norway and Sweden.
Kryptovault's CEO Kjetil Pettersen and the mine's technician overlooking several hundred mining rigs working. (Eliza Gkrits/CoinDesk)

Michael Saylor merch at BTC 2022 (Danny Nelson/CoinDesk)
As Ethereum Merge Looms, Michael Saylor Pushes Back Against Bitcoin's Energy Critics
The bitcoin maximalist, executive chairman of MicroStrategy and recently alleged tax evader says the Bitcoin network’s output is 100 times greater in cost than its input.
Michael Saylor merch at BTC 2022 (Danny Nelson/CoinDesk)

The Helios facility in Dickens County, Texas. (Argo Blockchain)
Argo Blockchain's Crypto Mining Margin Narrows to 20% as Natural Gas Prices Soar
The miner signed a deal to host up to 32 megawatts of mining machines, enough to power about 10,000 rigs.
The Helios facility in Dickens County, Texas. (Argo Blockchain)