The stock market traded near session lows at midday Tuesday, as rising Treasury yields put pressure on stocks, especially growth and technology equities. The energy sector climbed, however. X The Nasd...
Tag: Energy
Intel To Present Low Voltage, Energy Efficient Bitcoin Mining Chip At Conference
This could be huge. Intel plans to enter the Bitcoin mining space with a cleverly marketed “ultra-low-voltage energy-efficient” ASIC chip. Considering that the chip shortage severely delayed the next ...
The House Looks Into Crypto's Energy Impact
A House committee will take a look at crypto and its energy requirements this week. It’s another congressional look at crypto. You’re reading State of Crypto, a CoinDesk newsletter looking at the...
Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining
As U.S. Congress is preparing to take a thorough look at the energy use of crypto mining, the list of witnesses for the Thursday hearing contains more proponents of blockchain technology than its outr...
Binance Partners With Thai Billionaire’s Energy Giant To Set Up Crypto Exchange
Changpeng Zhao, CEO of Binance. Wei Leng Tay/Bloomberg Binance, the world’s largest cryptocurrency exchange, has teamed up with Sarath Ratanavadi’s Gulf Energy Development to look into setting up a di...
Binance to Set Up Crypto Exchange With Thailand's Gulf Energy Development
Binance has agreed to set up a cryptocurrency exchange with Thailand’s Gulf Energy Development. Gulf Energy Development, a publicly traded holding firm, informed the Thai Stock Exchange Monday t...
Energy Sector Predictions For 2022
July 2021, Westlands Solar Park, near the town of Lemoore in the San Joaquin Valley of California is … [+] the largest solar power plant in the United States and could become one of the largest ...
How to Profit From Solar Energy
Solar energy has become a more viable option for consumers and businesses as technology has advanced and the cost has fallen. A report by the U.S. Department of Energy’s Lawrence Berkeley National Lab...
Buy Valero Energy And F5
Photo by Mario Tama/Getty Images Getty Images This is options expiration week (OPEX). OPEX weeks have an upward bias, but January has not been one of the stronger OPEX weeks. The S&P is likely to ...
As Russia-Ukraine Tensions Heat Up, Russian Stocks and Currency Take Big Hits
Russia’s stocks continue to sink as Russian-Western diplomatic talks ended without visible progress. NATALIA KOLESNIKOVA/AFP/Getty Image Text size Russia is a screaming buy, if you forget about the li...
Russia-Ukraine Conflict Could Disrupt the Prices of These Commodities. What to Know.
The Nord Stream 2 gas pipeline in Russia would carry natural gas to Europe if approved by legislators. Andrey Rudakov/Bloomberg Text size Tensions between Russia and Ukraine are on the rise, and trade...
France’s Nuclear Champion Sacrificed to Stave Off Energy Crisis
(Bloomberg) — Most Read from Bloomberg High energy prices are bearing down on Europe’s economy like a freight train, and France just pushed its largest electricity producer into the path of the ...
Tri-State Co-op Seeks To Improve West-East Green Energy Flows
Tri-State receives all the power from the 30-MW San Isabel Solar Project in Las Animas County, … [+] Colorado. Tri-State Generation and Transmission Association Out where the buffalo roam, the s...
US Lawmakers Schedule Hearing To Probe Energy Impact of Crypto
Legislators in the US are set to hold another crypto hearing with both in-person and virtual attendance. The House’s Energy and Commerce Oversight and Investigations Subcommittee plans to hold a heari...
Five overlooked tech stocks poised to be the ‘household names of the future,’ according to this money manager
A much-needed market distraction from the churn of inflation worries is getting under way, but it’s not looking like what investors were hoping for as some big bank names are sliding on disappointing ...
One of world’s biggest offshore wind farms gears up for full operation
One of the turbines at the Triton Knoll offshore wind farm, which is located in waters off England’s east coast. Ian Greenwood Turbine commissioning at one of the world’s biggest offshore ...
Indian Billionaire Mukesh Ambani’s Reliance Industries To Invest $80 Billion In Renewable Energy Push
Chairman of India’s Reliance Industries Mukesh Ambani. PUNIT PARANJPE/AFP via Getty Images Reliance Industries, a conglomerate controlled by Asia’s richest businessman, Mukesh Ambani, has signed...
One of the World’s Dirtiest Oil Patches Is Pumping More Than Ever
TORONTO—Major oil companies, under pressure from investors and environmentalists, are fleeing Canada’s oil sands, the fourth-largest oil reserve in the world and by some measures one of the most envir...
Congress announces hearing on crypto’s energy use and environmental impact
advertisement Congress is officially looking into the environmental impact of blockchain, especially proof-of-work networks like Bitcoin. On January 13, the House Energy and Commerce Oversight Subcom...
‘Green’ fuels more expensive but need to think long term: Maersk CEO
The container ship MORTEN MÆRSK heading to Hamburg on April 22, 2020. eyewave | iStock Editorial | Getty Images The CEO of shipping giant Moller-Maersk admitted to CNBC Thursday that shifting to ̶...
US Committee Announces Hearing on Cryptocurrency Energy Consumption
The United States House Committee on Energy and Commerce has announced a hearing on the cryptocurrency industry’s energy consumption. The hearing will take place on Thursday, January 20, 2022. “In ju...
Will The Energy Crisis Help Clean-Up Bitcoin?
(Photo by ABDUAZIZ MADYAROV/AFP via Getty Images) AFP via Getty Images The fact that we are in the grip of a global energy crisis is now beyond doubt. In the UK there are a slew of energy businesses ...
Blockchain-Powered Phaeton Reveals Its Renewable Energy Progress in Western Australia
Advertisement     The aim of Phaeton Energy is to assist Western Power in stabilizing their electrical grid by installing renewable energy and battery systems across r...
IOTA and EnergieKnip drive energy efficiency in the Netherlands
Dutch-based BlockchainLab Drenthe has introduced large-scale real-world adoption of the IOTA blockchain, IOTA (MIOTA/USD) wrote on their blog. EnergieKnip, created by Drenthe, is a local currency used...
Coinbase Allows Employees to Get Four Charge Weeks Holidays for Restoring Energy
Major U.S. cryptocurrency exchange Coinbase said it would give its employees four charging weeks (roughly one per quarter) in 2022 to allow employees to restore energy. Coinbase says this approach won...
How Much Energy Does it Take to Spin the Blockchains?
Many people ask the question, “What is Bitcoin?”. In this article, we will answer that question and more. What is the reason for the use of the term ” bitcoins?” Basically, it refers to the digital co...
El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City – Bitcoin News
The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, wh...
Kosovo Police confiscate over 300 crypto mining rigs amid energy crisis
The Kosovo Police force has seized more than 300 crypto mining rigs days after announcing a crackdown. A report unveiled this news earlier today, citing three separate announcements by the law enforce...
Wall Street’s Favorite Oil Stocks for 2022—Including an Obscure One
Text size Bing Guan/Bloomberg Several analysts and strategists expect energy stocks to outperform the broader market in 2022, as they did in 2021. Energy tends to do well in inflationary environments,...