This article is based on reporting for the seventh episode of CRYPTOLAND, Motherboard’s documentary series about how cryptocurrency is affecting culture, politics, the environment, and our shared future. Outside a warehouse in upstate New York, Sam Tabar stands transfixed, gazing at a pile of coal as a Caterpillar excavator scoops chunks up for removal. “It’s […]
Decommissioned as a coal-fired plant in 2011, Greenidge was reopened in 2017 after being purchased by Atlas Holdings and converted to a natural gas plant, spinning up Bitcoin mining starting in 2019. Greenidge lauds itself as “carbon neutral,” claiming to offset the emissions that come from burning fossil fuels to generate bitcoins with “reliable, verified” […]
The bull was unveiled Wednesday at the Miami Beach Convention Center, which will be home to the Bitcoin 2022 conference over the next four days. It took 30 people and more than half a year to finish the robotic crypto bull, which was designed by artist Furio Tedeschi—who developed the concept art for the Transformers […]