AI may already use more power than Bitcoin — and it threatens Bitcoin mining
AI may already consume more power than Bitcoin mining, and its deep pockets mean miners face stiff competition for equipment and electricity.
Related Posts


US Social Security moves public comms to X amid DOGE-led job cuts — Report
The Social Security Administration (SSA) has explicitly stated that rumors of a 50% or more reduction of its workforce are false. The US Social Security Administration (SSA) will move all public communications to the X social media platform amid sweeping workforce cuts recommended by the Department of Government Efficiency (DOGE), led by X owner Elon

Inferno Drainer usage triples as crypto scams soar in 2024
According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July.

Former Jefferies FX brokers launching institutional crypto exchange
Crossover Markets Group Inc. is being launched by two former Jefferies FX brokers, and aims to make a splash in the institutional crypto investment scene. 54 Total views 1 Total shares Two former Jefferies Financial Group executives are set to launch a new cryptocurrency exchange designed for institutional investors. Named Crossover Markets Group Inc. the exchange…

Calibra Rebrands as Novi to Avoid Confusion With Libra
Facebook continues sprucing up for regulators. 489 Total views 20 Total shares Facebook-owned digital wallet Calibra rebranded itself as Novi earlier today, sharing new details about the project.The primary reason for the name change was to avoid the confusion with the Libra cryptocurrency, a representative for Novi told Cointelegraph.“When we announced Libra and Calibra last…

Argentina’s Parliament will see a new bill presenting a framework for crypto
One of Argentina's youngest deputies is prepping new legislation to provide a national framework for crypto, which will reportedly hit the parliament next week. 1910 Total views 21 Total shares Argentine congressman Ignacio Torres plans to present a bill addressing cryptocurrencies to the Argentine Parliament. Cointelegraph en Español spoke with Efraín Barraza, Operations Manager of…

VOXEL, SLP and ALICE rally after protocol updates and a major exchange listing
Voxies, Smooth Love Potion and MyNeighborAlice overcome the noise to post double-digit gains thanks to protocol updates and a new exchange listing. 402 Total views 22 Total shares Crypto markets are taking a beating but there are still a few standout performers even during this week's volatility.One sector that has managed to rise above the…

Private Blockchain Browser Brave Doubles Monthly Active Users in 2019
Privacy-oriented blockchain web browser Brave has seen its monthly active users (MAU) almost double from 5.5 million in 2018 to 10.4 million in 2019. At the same time, Brave’s daily active users (DAU) have tripled over the past year to reach 3.3 million, the firm announced Dec. 5.According to the company, the recent growth in…

Grayscale: 84% of Q3 Interest Came From Non-Crypto Hedge Funds
Grayscale’s Michael Sonnenshein contends that the asset manager’s recent Form 10 filing with American regulators would be “a milestone” for the crypto industry if it’s approved.Sonnenshein — managing director at the world’s largest digital asset manager, Grayscale Investments — made his remarks during an interview with CNBC on Nov. 20.Hedge funds after digital asset exposureEarlier…