List of Flash News about crypto mining costs
Time | Details |
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2025-06-10 03:00 |
IEA Report: AI to Double Data Center Electricity Demand by 2030, Impacting Crypto Mining and Energy Markets
According to DeepLearning.AI, the International Energy Agency (IEA) projects that artificial intelligence could drive a significant surge in global electricity consumption, potentially doubling data center energy usage by 2030. This increase is particularly relevant for cryptocurrency miners, as higher demand for electricity may raise operational costs and impact mining profitability. However, the IEA report also notes that AI-powered tools can enhance energy system efficiency and reduce emissions, potentially offsetting some negative effects. Traders should monitor developments in AI-driven infrastructure and energy policies, as these factors could influence crypto market volatility and the cost structure for blockchain operations (Source: DeepLearning.AI, IEA Report, June 10, 2025). |
2025-06-09 20:35 |
US Energy Policy Bill Passed: Impact on Crypto Mining and Market Volatility
According to The White House, the newly passed energy bill ends restrictions on American energy production, signaling a policy shift favoring increased domestic oil and gas drilling (source: The White House, June 9, 2025). For crypto traders, this could lower operational costs for US-based Bitcoin and Ethereum miners due to potentially reduced energy prices and increased supply. Historically, lower energy costs have supported higher mining profitability, which may encourage new mining entrants and lead to increased network hash rate. This development could influence crypto market volatility and sentiment, especially for energy-intensive proof-of-work cryptocurrencies. |