China Says Bitcoin Is Wasteful. Now It Wants to Ban Mining

China Says Bitcoin Is Wasteful. Now It Wants to Ban Mining

An executive who works closely with Chinese mining firms told WIRED that although the ban was widely expected to move forward, miners expect it will take years for the government to fully rein in their operations.

The Year Cryptojacking Ate the Web

The Year Cryptojacking Ate the Web

For example, the cloud monitoring and defense firm RedLock said in February that Tesla's Amazon Web Services cloud infrastructure was running mining malware thanks to an inconspicuous, but extensive cryptojacking campaign.

Bitcoin Will Burn the Planet Down. The Question: How Fast?

Bitcoin Will Burn the Planet Down. The Question: How Fast?

His calculations of how much energy—and planet-warming carbon emissions—the top four cryptocurrencies might be responsible for appears in an article in the journal Nature Sustainability today, joining a growing canon of peer-reviewed and rigorous work trying to put numbers to a problem the cryptocurrency world has been grappling with for years: How much energy blockchain-powered currencies consume, and how much does the answer matter?Whoever Satoshi Nakamoto is, the genius of his, her, or their idea for bitcoin—published almost exactly a decade ago—was in solving the key problem with digital currency: You can generate more by just copy-pasting.