Native Americans and mining interests continue legal battle over sacred land atop massive copper deposit
Oak Flat, part of a national forest in central Arizona, has been at the center of a long-running struggle between Native American groups and mining interests, both of whom consider it critical to their future. Resolution Copper, a subsidiary of international mining giants Rio Tinto and BHP, wants to develop Oak Flat’s massive copper deposits […]
Bitcoin mining difficulty surpasses 80 trillion ahead of halving – Cointelegraph
Bitcoin’s mining difficulty, which measures how difficult it is to solve the complex cryptographic puzzles used in the mining process, surpassed 80 trillion on Friday, February 16th. The network’s hash rate, which measures the total computational power used by miners, reached 562.81 exahash per second (EH/s), and the mining difficulty reached a record of 81.73 […]
AZ Republicans sue over Biden’s creation of new national monument, limiting mining
The two top Republicans in the Arizona Legislature objected to Democratic President Joe Biden’s decision last summer to build a new national monument just outside of Grand Canyon National Park, saying the president had to move the site from historic considerations. They argued that he exceeded his legal authority to make the designation based on […]
Large-Scale Crypto Mining Consumes 2% of US Electricity – PYMNTS.com
How much energy does cryptocurrency mining consume in the US? In a recent analysis, energy information bureau (EIA) estimates that large-scale cryptocurrency operations consume more than 2% of the country’s electricity. And, as Ars Technica pointed out in a report Friday (February 2), this is roughly equivalent to adding. another state to the national power […]
'If you have the value, you will get the money' – mining sector better than it appears says Hoffmann – Kitco NEWS
(Kitco News) – Last year’s tough resource market wasn’t as bad as expected, Soar Financial CEO Kai Hoffman said. In mid-January, Hoffman recorded the Kitco Roundtable at the 2024 Vancouver Resource Investment Conference with Kitco correspondent Paul Harris and mining audience manager Michael McCrae. Mr. Hoffman also runs Oleink, which tracks resource financing. He pointed […]
The U.S. Government Seems to Be Closing in on Bitcoin Mining – CoinDesk
Specifically, the Energy Information Administration (EIA), a statistical agency under the Department of Energy, has announced that starting next week and for the next six months, some U.S.-based miners will be We plan to investigate the amount of electricity used. This is an excerpt from The Node newsletter, a daily roundup of the most important […]
Companies are mining iPhone user data through app notifications
iPhone users are handing over their personal data with the click of a button, a new study finds. Popular apps like Facebook, LinkedIn, TikTok, and X collect user information through notifications, even if users choose not to open them. Even more concerning, tests by security researchers at app developer Mysk show that it's not entirely […]
European anger over deep-sea mining push despite urge for energy independence from China, Russia
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