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Fitch Ratings warns of risks crypto miners pose to US power supply

January 24, 2022 by DIGIT
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“Crypto mining operations are price-sensitive entities that may be quickly scaled back or shut down if mining becomes uneconomical,” said the agency.

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Categories business, Cryptocurrencies, Electricity, mining, United States
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  • bitcoinBitcoin(BTC)$117,762.00-0.29%
  • ethereumEthereum(ETH)$2,952.65-1.95%
  • rippleXRP(XRP)$2.776.99%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$692.25-0.22%
  • solanaSolana(SOL)$162.94-1.46%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2016551.23%
  • tronTRON(TRX)$0.3032852.37%
  • staked-etherLido Staked Ether(STETH)$2,950.90-1.94%
  • bitcoinBitcoin(BTC)$117,762.00-0.29%
  • ethereumEthereum(ETH)$2,952.65-1.95%
  • rippleXRP(XRP)$2.776.99%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$692.25-0.22%
  • solanaSolana(SOL)$162.94-1.46%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2016551.23%
  • tronTRON(TRX)$0.3032852.37%
  • staked-etherLido Staked Ether(STETH)$2,950.90-1.94%
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  • bitcoinBitcoin(BTC)$117,762.00-0.29%
  • ethereumEthereum(ETH)$2,952.65-1.95%
  • rippleXRP(XRP)$2.776.99%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$692.25-0.22%
  • solanaSolana(SOL)$162.94-1.46%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2016551.23%
  • tronTRON(TRX)$0.3032852.37%
  • staked-etherLido Staked Ether(STETH)$2,950.90-1.94%
  • bitcoinBitcoin(BTC)$117,762.00-0.29%
  • ethereumEthereum(ETH)$2,952.65-1.95%
  • rippleXRP(XRP)$2.776.99%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$692.25-0.22%
  • solanaSolana(SOL)$162.94-1.46%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2016551.23%
  • tronTRON(TRX)$0.3032852.37%
  • staked-etherLido Staked Ether(STETH)$2,950.90-1.94%