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Head Topics: Kazakhstan among top 3 Bitcoin mining destinations after US and China

The Cambridge Centre for Alternative Finance (CCAF) is mentioned in this article about energy-rich Kazakhstan being the third-largest Bitcoin mining hub. Read the full article [headtopics.com]…

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Boston Herald: Neither POS nor POW – Green power network handles mining unlike any other

The Cambridge Centre for Alternative Finance (CCAF) is mentioned in this article about the negative repercussions of cryptocurrency mining. Read the full article [markets.financialcontent.com/bostonherald]…

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Yahoo Finance: Tianjin boosts electricity rates to further punish underground crypto mining

The Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School is featured in this article about China’s effort to discourage energy-intensive cryptocurrency mining, which the country banned in September 2021 but continues to exist in some pockets. Read…

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What is the environmental footprint of Bitcoin?

New estimate of Bitcoin’s greenhouse gas emissions added to University of Cambridge digital tool. The Cambridge Centre for Alternative Finance (CCAF), a research centre at Cambridge Judge Business School, announced today (27 September) a new update to its Cambridge Bitcoin…

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What is the environmental footprint of Bitcoin?

New York Times: Cryptomining capacity in U.S. rivals energy use of Houston, findings show

Seven of the largest Bitcoin mining companies in the United States are set up to use nearly as much electricity as all the homes in Houston. The findings, by a congressional investigation, highlight how the surge in activity has caused…

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Financial Times: Bitcoin miners stung as fallout from price collapse widens

Share prices of companies that validate crypto transactions have tumbled over the past month. “Currently, it’s not fun to be in the mining business,” said Alexander Neumueller, CCAF Research Affiliate, Digital Assets, at Cambridge Judge Business School. (subs) Read the…

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The Guardian: As energy prices soar, the bitcoin miners may find they have struck fool’s gold

Bitcoin mining reporting from Cambridge Judge Business School is mentioned in this article, stating that bitcoin and cryptocurrency are the new gold of our day. Read the full article [theguardian.com]…

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CNBC: Bitcoin production roars back in China despite Beijing’s ban on crypto mining

New research from the Cambridge Centre for Alternative Finance at Cambridge Judge Business School shows that Chinese bitcoin mining activity has quickly rebounded, the article says. By September 2021, China made up just over 22% of the total bitcoin mining…

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Fortune: Despite ban, Bitcoin mining continues in China

Research from Cambridge Judge Business School shows that China is second only to the US in Bitcoin mining. In December 2021, the most recent figures available, China was responsible for 21% of the Bitcoin mined globally (compared to just under…

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The New York Times: Kazakhstan’s huge Bitcoin mining industry is upended by unrest

A report from the Cambridge Centre for Alternative Finance, at Cambridge Judge Business School, on geographic shifts in Bitcoin mining, quoted in the New York Times. “Kazakhstan accounted for around 18 percent of the global hashrate in August last year,”…

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